When a Maker Order is matched with a Taker Order, those Orders are Filled. An Order may be matched with and Filled by one or more Orders at the same price.
Tokenize Xchange settles all Filled Orders immediately, by debiting and crediting the relevant balances of Assets in both Customers’ Accounts.
All Fills are final and will not be reversed unless:
Tokenize Xchange is compelled to do so by any applicable law or regulation; or
Due to a serious technical error, Orders or Fills do not occur as specified in these Tokenize Xchange Trading Rules - in which case Tokenize Xchange will make all reasonable efforts to restore all Customers to the position they would have been in had the error not occurred.
Tokenize Xchange may cancel Open Orders in the following circumstances:
Orders placed by Customers who, in our sole discretion, have engaged in abusive use of the platform, for example, Market Manipulation, or using the API in a manner which unreasonably burdens the platform.
Orders which under the circumstances involve an obvious error with respect to price, quantity, or other parameters - a ‘clearly erroneous transaction’.
If required by any applicable law or regulation, including specifically where Tokenize Xchange is required to suspend or terminate a Customer’s Tokenize Xchange Account.
If required for technical reasons.
Subject to weekly withdrawal limits a Customer may immediately withdraw all Assets in their Account.