APPROPRIATENESS ASSESSMENT. Pursuant to the Law, when providing investment services other than investment advice or portfolio management, the Company is obliged to collect some information in order to assess the Client’s knowledge and experience in the investment field relevant to the trading of CFD products. You hereby represent and warrant that you understand the purpose of the assessment of appropriateness and the importance of providing the Company with full and correct information for this purpose. You are warned and hereby accept, that if you provide incorrect or incomplete information regarding your knowledge and experience in the investment field, this will adversely affect Company’s ability to carry out the appropriateness assessment correctly. The lack of the Client to provide answers to the questions required by the Company will prevent the Company from assessing the client’s knowledge and experience; therefore 000xxxxxxxxx.xxx will not be in position to determine whether CFDs is appropriate for the Client.
APPROPRIATENESS ASSESSMENT. 6.1. RocketX will conduct an Appropriateness Assessment for the purpose of offering the Client OTC Derivatives.
6.2. The Appropriateness Assessment includes the request for information pertaining to the Client’s experience, objectives, knowledge, and financial position. Accordingly, RocketX will rely on the accuracy of the information and documents provided and will not be held liable for any damages or loss arising out of the aforesaid reliance.
6.3. The Client undertakes as follows, namely: -
6.3.1. To notify RocketX of any changes to the required information as soon as reasonably possible;
6.3.2. To ensure that RocketX is kept updated with the accuracy of the relevant information
6.4. Further to the undertakings in Clause 6.3, the Client expressly acknowledges that it is aware of the risks associated with the transactions pursuant to this Agreement.
APPROPRIATENESS ASSESSMENT. 16.1 The Company is required by the applicable laws and regulations to assess Clients’ knowledge and experience in trading in complex financial instruments such as CFDs in order to evaluate whether such instruments are appropriate for them.
16.2 No deposits irrespective of amount can be accepted, unless the Client provides information for the construction of his/her economic profile and undertakes the Appropriateness Test.
16.3 The reason for assessing the appropriateness is to enable the Firm to act in the Client’s best interest and assess whether the services and products that the Client seeks to be provided with are appropriate for him/her. In this respect, the Client is encouraged to provide accurate and sufficient information about his/her knowledge and experience related to the services and products envisaged so as the Firm can properly assess whether those services and products are appropriate for each specific Client. If the responses provided by any Client are considered as insufficient or are inconsistent or conflicting, the Company may require further clarifications as to these responses or it may reject Clients’ application for the Account Opening. The Client acknowledges that by providing misleading and/or false information in terms of the Appropriateness Test, the Company will not be held responsible for any excessive losses that might be caused due to the high leverage.
16.4 The Company reserves the right, at any time, to require additional information for the purposes of the Appropriateness Assessment.
16.5 In providing the Investment Services of Investment Advice and/or Portfolio Management, the Company is obliged under Applicable Regulations to seek information from a Client or potential Client (for example via the Client Account Application Form) regarding the Client’s knowledge, experience in the investment field relevant to the specific type of Financial Instrument or service, as well as his financial situation including his ability to bear losses and his investment objectives including his risk tolerance, so as to be able, based on this information, to recommend to the Client the investment services and the Financial Instruments that are suitable for him/her (suitability test) and, in particular, that are in accordance with his risk tolerance and ability to bear losses. If the Company will provide the Investment Services of Investment Advice by recommending a package of bundled services or products, it will ensure that the overall bun...
APPROPRIATENESS ASSESSMENT. The Company is required by the applicable laws and regulations to assess Clients’ knowledge and experience in trading in complex financial instruments such us CFDs in order to evaluate whether such instruments are appropriate for them.
APPROPRIATENESS ASSESSMENT. Pursuant to the Law, when providing investment services other than investment advice or portfolio management, the Company is obliged to collect some information in order to assess the Client’s knowledge and experience in the investment field relevant to the trading of CFD products. You hereby represent and warrant that you understand the purpose of the assessment of appropriateness and the importance of providing the Company with full and correct information for this purpose. You are warned and hereby accept, that if you provide incorrect or incomplete information regarding your knowledge and experience in the investment field, this will adversely affect Company’s ability to carry out the appropriateness assessment correctly. The lack of the Client to provide answers to the questions required by the Company will prevent the Company from assessing the client’s knowledge and experience; therefore 000xxxxxxxxx.xxx will not be in position to determine whether CFDs is appropriate for the Client. Appropriateness Assessment - Professional Clients If you are classified as a Professional Client, the Company is entitled under the Applicable Laws and Regulations to assume that you have the necessary experience and knowledge in order to understand the risks involved in relation to the Services or Transactions or types of Transactions or CFDs, and to make your own evaluation of the merits and risks of any Transaction you enter into. This is due to the fact that Professional Clients possess the experience, knowledge and expertise to make their own investment decisions and properly assess the risks incurred. Appropriateness Assessment - Retail Clients If you are classified as a Retail Client, the Company is required by the Applicable Lawsand Regulations to assess your knowledge and experience in trading in complex financial instruments such as CFDs in order to understand the risks involved and to assess whether such instruments are appropriate to you. During the Account opening and registration stage you are required to provide to the Company information regarding your knowledge and experience, primarily with respect to trading in complex Financial Instruments such as CFDs, the types of services, transactions and financial instruments with you are familiar, the volume and frequency of your transactions in financial instruments and the period over which they have been carried our as well as information on your level of education, profession or former professions. You ...
APPROPRIATENESS ASSESSMENT. 19.1. The Company shall obtain information about the Client’s knowledge and experience to assess whether the financial instrument or Service is appropriate for the Client.18.
APPROPRIATENESS ASSESSMENT. 5.1 As an ODP, the Company is obligated to assess the appropriateness of offering Clients Over the Counter Derivative transactions. This assessment, known as the Appropriateness Assessment, relies on the information and documents provided by clients. The Company in this regard will be obliged to determine if the relevant transactions would be appropriate for Client’s purposes. Where the Company deem such transactions as inappropriate, the Company will send a written notification to that effect.
5.2 The Company will rely on the accuracy of this information and documents and cannot be held responsible for any damages or losses arising from any inaccuracies. It is important for clients to promptly notify the Company of any changes to the provided information and documents. Clients must also ensure that they provide up-to-date, accurate, and complete information upon reasonable request to conduct each Appropriateness Assessment.
5.3 Clients should understand that without the necessary information regarding their financial situation, objectives, knowledge, and experience, the Company will not be able to accurately assess the appropriateness of these transactions. This also means that clients are aware of the risks involved in entering into such transactions.
APPROPRIATENESS ASSESSMENT. 8.1 As an ODP (Over the Counter Derivatives Provider), IFX is obligated to assess the appropriateness of offering clients Over the Counter Derivative transactions. This assessment, known as the Appropriateness Assessment or Suitability Assessment, relies on the information and documents provided by clients. IFX will rely on the accuracy of this information and documents and cannot be held responsible for any damages or losses arising from any inaccuracies.
8.2 It is important for clients to promptly notify IFX of any changes to the provided information and documents. Clients must also ensure that they provide up-to-date, accurate, and complete information upon reasonable request to conduct each Appropriateness Assessment or Suitability Assessment.
8.3 Clients should understand that without the necessary information regarding their financial situation, objectives, knowledge, and experience, IFX will not be able to accurately assess the appropriateness of these transactions. This also means that clients are aware of the risks involved in entering into such transactions.
8.4 Please note that IFX does not provide advice as defined in the FAIS Act. If you require advice, we strongly recommend that you seek guidance from a qualified financial advisor.
APPROPRIATENESS ASSESSMENT. 8.1 As an ODP (Over the Counter Derivatives Provider), iFX is obligated to assess the appropriateness of offering clients Over the Counter Derivative transactions. This assessment, known as the Appropriateness Assessment or Suitability Assessment, relies on the information and documents provided by clients. iFX will rely on the accuracy of this information and documents and cannot be held responsible for any damages or losses arising from any inaccuracies.
8.2 It is important for clients to promptly notify iFX of any changes to the provided information and documents. Clients must also ensure that they provide up-to- date, accurate, and complete information upon reasonable request to conduct each Appropriateness Assessment or Suitability Assessment.
8.3 Clients should understand that without the necessary information regarding their financial situation, objectives, knowledge, and experience, iFX will not be able to
8.4 Please note that iFX does not provide advice as defined in the FAIS Act. If you require advice, we strongly recommend that you seek guidance from a qualified financial advisor.
APPROPRIATENESS ASSESSMENT. 9.1 MUFG will obtain certain information from you and make an assessment of whether you have the necessary experience and knowledge in order to understand the risks involved in relation to the product or Investment Services you are seeking from us. This is applicable to complex products such as warrants, options, futures, contracts for differences, and some structured products. If we are satisfied that you have the necessary experience and knowledge there is no requirement on us to communicate this to you. Where a bundle of Investment Services or products is envisaged between us then our assessment must consider whether the overall bundled package is appropriate for you.
9.2 You will undertake to provide to MUFG at its request all information regarding your knowledge and experience as to enable MUFG to assess the appropriateness of the Investment Services. In order to establish whether the Investment Services are appropriate for you, you may be required to fill out an appropriateness questionnaire.
9.3 You represent and warrant that all information provided for the above referenced assessment is complete and accurate in all material respects, otherwise MUFG will not be able to determine whether the Investment Services are appropriate for you.
