Trade Execution and Price Clause Samples

Trade Execution and Price. The Firm routes orders to markets for prompt execution in view of prevailing market conditions, but there can be delays in the processing of orders. As a client, you understand and agree with the following: The quoted price may not reflect the trading activity from all markets. High volumes of trading at the market open or intraday may cause delays in executions and result in prices significantly different from the price quoted at the time the order was entered. Markets may handle orders manually and may reduce size guarantees during periods of volatility, resulting in possible delays in order execution, and losses. The execution price you receive may be impacted by numerous factors beyond the Firm’s control and responsibility, including the type of security, liquidity, and the size of the order. For example, large or “block” orders or orders involving illiquid securities may take additional time to execute and may execute at prices significantly different from the quoted price. The execution of market and stop-market orders may be at a price significantly different from the quoted price of that security. Limit orders will be executed only at a specified price or better, but there is the possibility that the order will not be executed. Securities traded in over-the-counter bulletin board and pink sheet securities and other thinly traded securities present particular trading risks in that they are often more volatile and generally less liquid than securities traded on exchanges. The Firm reserves the right to place restrictions on the trading of such securities without prior notice. You may suffer market losses during periods of volatility in the price and volume of a particular stock when systems issues result in an inability to place buy or sell orders.
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Trade Execution and Price. I understand that, whether I place a market or limit order, I will receive the price at which my order is executed in the marketplace, subject to any clarification stated below. I understand and agree with the following: I. Particularly during periods of high volume, illiquidity (for example in pre- and post-market sessions), fast movement or volatility in the marketplace, the execution price received may differ from the quote provided on entry of an order, and I may receive partial executions of an order at different prices. Company is not liable for any price fluctuations or market changes. Price quotes generally are for only a small number of shares as specified by the marketplace, and larger orders are relatively more likely to receive executions at prices that vary from the quotes or in multiple lots at different prices. II. Securities may open for trading at prices substantially higher or lower than the previous closing price or the anticipated price. If I place a market order (whether during normal market hours or when the market is closed), I agree to pay or receive the prevailing market price at the time My market order is executed. The price I pay may be significantly higher or lower than anticipated at the time I placed the order. III. As a customer of Public Investing, after the market has closed for the day, I have the ability to place in a queue order requests to be executed the following day upon the opening of the market (“Queued Order”). My Queued Order request is prioritized based on the order in which it is received by Apex via Public Investing, and that the Queued Order requests are sent out for execution shortly after the market opens on the next day of trading. Each Queued Order request is sent out per customer and per security as Public Investing market orders (described above), and that they are not aggregated. IV. A limit order may be placed on a GTC basis, which means the order remains valid and is reentered on a daily basis until (A) it is executed; (B) I or Public Investing cancel the order; or (C) there is a corporate action which impacts the pricing of the security (e.g., share split). Company may cancel a GTC order at the end of every trading day (on the exchange on which the instrument to which the contract relates is traded) and then place such order again at the start of the following trading day. This process may be repeated every day for as long as the GTC order remains valid. V. As a customer of Public Investing, I may ...
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Related to Trade Execution and Price

  • Due Execution and Delivery From and after its delivery to the Administrative Agent, each Loan Document and Related Document has been duly executed and delivered to the other parties thereto by each Loan Party party thereto, is the legal, valid and binding obligation of such Loan Party and is enforceable against such Loan Party in accordance with its terms.

  • Due Execution This Agreement has been duly executed and delivered by such party and, with due authorization, execution and delivery by the other party, constitutes a legal, valid and binding obligation of such party, enforceable against such party in accordance with its terms.

  • Due Authorization, Execution and Delivery (a) Borrower represents and warrants that the execution of the Loan Documents and the Indemnity Agreement have been duly authorized and there is no provision in the organizational documents of Borrower requiring further consent for such action by any other entity or person. (b) Borrower represents and warrants that it is duly organized, validly existing and is in good standing under the laws of the state of its formation and in the State, that it has all necessary licenses, authorizations, registrations, permits and/or approvals to own its properties and to carry on its business as presently conducted. (c) Borrower represents and warrants that the execution, delivery and performance of the Loan Documents will not result in Borrower's being in default under any provision of its organizational documents or of any mortgage, lease, credit or other agreement to which it is a party or which affects it or the Property. (d) Borrower represents and warrants that the Loan Documents and the Indemnity Agreement have been duly authorized, executed and delivered by Borrower and constitute valid and binding obligations of Borrower which are enforceable in accordance with their terms.

  • Execution and Binding Obligation This Agreement has been duly executed and delivered by the Purchaser, and constitutes a legal, valid and binding agreement of the Purchaser enforceable against it in accordance with its terms subject only to any limitation under bankruptcy, insolvency or other Law affecting the enforcement of creditors’ rights generally and the discretion that a court may exercise in the granting of equitable remedies such as specific performance and injunction.

  • Execution of Agreement The HSP represents and warrants that: (a) it has the full power and authority to enter into this Agreement; and (b) it has taken all necessary actions to authorize the execution of this Agreement.