Common use of Types of orders Clause in Contracts

Types of orders. 2.1. The following orders may be placed by the Client, relevant to the types of Client’s trading account(s): • Market: orders are executed immediately, at the first available price, upon placing the order, for the specific financial instrument. • Pending Orders: Limit, Take Profit, Stop Loss and Stop Orders. • Limit: orders are executed according to Client specifications, for the specific financial instrument, at the requested price, or better. Orders are pending until either filled, cancelled or expired (in some cases). • Take Profit: orders are executed according to Client specifications, for the specific financial instrument, at the requested price, or better. Orders are pending until either filled, cancelled or expired (in some cases). • Stop: orders are activated but not executed until the market price reaches the price level requested in the order. Orders are executed as “Market order(s)” depending on whether or not the related field is specified. • Stop Loss: orders are activated but do not executed until the market price reaches the price level requested in the order. Orders are executed as “Market order(s)” depending on whether or not the related field is specified. • OCO: One Cancels the Other orders consist of two orders submitted separately and tied by their order ID. • GTC: orders are Good till Cancelled, unless otherwise stated.

Types of orders. 2.1. The following orders may be placed by the Client, relevant to the types of Client’s trading account(s): • Market: orders are executed immediately, at the first available price, upon placing the order, for the specific financial instrument. • Pending Orders: Limit, Take Profit, Stop Loss and Stop Orders. • Limit: orders are executed according to Client specifications, for the specific financial instrument, at the requested price, or better. Orders are pending until either filled, cancelled or expired (in some cases). • Take Profit: orders are executed according to Client specifications, for the specific financial instrument, at the requested price, or better. Orders are pending until either filled, cancelled or expired (in some cases). • Stop: orders are activated but do not executed until the market price reaches the price level requested in the order. Orders are executed as “Market order(s)” depending on whether or not the related field is specified. • Stop Loss: orders are activated but do not executed until the market price reaches the price level requested in the order. Orders are executed as “Market order(s)” depending on whether or not the related field is specified. • OCO: One Cancels the Other orders consist of two orders submitted separately and tied by their order ID. • GTC: orders are Good till Cancelled, unless otherwise stated.