You understand that the Default mode for order submission consist of the two-step process: (1) Open a new order window to select an appropriate order type and its parameters; and (2) Review and confirm the order by clicking either a Buy order / submit of a Sell order / Place Order / Amend or Cancel buttons, in order to submit your trading intentions. Following the aforementioned steps, your order will then be duly completed.
By proceeding to enable the One Click Trading function, you understand it is a one-step process and agree to disable either all or partial confirmation(s). You understand that all subsequent orders will be immediately/instantly confirmed when you:-
- submit orders for either SELL or BUY;
- on the Order placement window
- on the Trading dialog panel of a chart
- place orders on the Chart Trading Dialog or through the Market Depth window;
- click Cancel Buys, Cancel Sells or Cancel All buttons via the Market Depth window;
- cancel orders in the Open Positions tab, Working Orders tab or in the Market Depth window; or
- amend orders in the Working Orders tab.
UNDER NORMAL MARKET CONDITIONS AND SYSTEM PERFORMANCE, A MARKET ORDER WILL BE PROMPTLY FILLED AFTER SUBMISSION AND YOU WILL HAVE ENTERED INTO A BINDING TRANSACTION. WHEN ENABLING ONE CLICK TRADING,
NO SUBSEQUENT CONFIRMATION WILL BE PROMPTED
FOR YOU TO CLICK OR SUBMIT
AND NO WITHDRAWAL OR CHANGE
CAN BE MADE TO YOUR ORDER.
This function can be enable or disable on the 'Trade' tab within the Settings window on either the desktop and web trading application or Trade and Quote within the 'Profile' tab on the mobile trading application.
You agree to fully indemnify and hold harmless Phillip Nova Pte. Ltd. and the affiliates of Phillip Group from any and all losses, costs and expenses that it may directly or indirectly incur as a result of any action or omission by you, your trading manager or any other person trading on your behalf. Further, you agree to accept all risks, including and without limitation, the risk of errors, omissions or mistakes made in submitting any order, associated with the chosen mode of order submission.
