Common use of AUTHORIZATION TO TRADE Clause in Contracts

AUTHORIZATION TO TRADE. Customer agrees that GAIN is authorized to purchase, sell and otherwise execute transactions in Commodity Interests for Customer's Account(s) in accordance with Customer's oral, telephonic, electronic, facsimile or written instructions. Unless instructed by Customer to the contrary in writing, GAIN is authorized to purchase, sell or otherwise execute transactions in Commodity Interests for Customer's Account(s) on such securities or futures exchanges or over- the-counter markets as GAIN deems appropriate. If Customer places orders in Commodity Interests orally, telephonically or electronically, Customer hereby waives any defense that such order was not in writing if, or as, required by any statute. GAIN will attempt to execute all orders in Commodity Interests which GAIN may, in GAIN's sole discretion, choose to accept for the purchase, sale or execution of transactions in Commodity Interests for Customer's Account(s) in accordance with the oral, telephonic, electronic, facsimile or written instructions of Customer.

Appears in 3 contracts

Samples: Commodity Customer Agreement, Account Application, Account Application

AutoNDA by SimpleDocs

AUTHORIZATION TO TRADE. Customer agrees that GAIN Capital is authorized to purchase, sell and otherwise execute transactions in Commodity Interests for Customer's Account(s) in accordance with Customer's oral, telephonic, electronic, facsimile or written instructions. Unless instructed by Customer to the contrary in writing, GAIN Capital is authorized to purchase, sell or otherwise execute transactions in Commodity Interests for Customer's Account(s) on such securities or futures exchanges or over- the-counter over‐the‐counter markets as GAIN Capital deems appropriate. If Customer places orders in Commodity Interests orally, telephonically or electronically, Customer hereby waives any defense that such order was not in writing if, or as, required by any statute. GAIN Capital will attempt to execute all orders in Commodity Interests which GAIN Capital may, in GAINGAIN Capital's sole discretion, choose to accept for the purchase, sale or execution of transactions in Commodity Interests for Customer's Account(s) in accordance with the oral, telephonic, electronic, facsimile or written instructions of Customer.

Appears in 1 contract

Samples: Commodity Customer Agreement

AutoNDA by SimpleDocs

AUTHORIZATION TO TRADE. Customer agrees that GAIN OEC is authorized to purchase, sell and otherwise execute transactions in Commodity Interests for Customer's Account(s) in accordance with Customer's oral, telephonic, electronic, facsimile or written instructions. Unless instructed by Customer to the contrary in writing, GAIN OEC is authorized to purchase, sell or otherwise execute transactions in Commodity Interests for Customer's Account(s) on such securities or futures exchanges or over- theover-the- counter markets as GAIN OEC deems appropriate. If Customer places orders in Commodity Interests orally, telephonically or electronically, Customer hereby waives any defense that such order was not in writing if, or as, required by any statute. GAIN OEC will attempt to execute all orders in Commodity Interests which GAIN OEC may, in GAINOEC's sole discretion, choose to accept for the purchase, sale or execution of transactions in Commodity Interests for Customer's Account(s) in accordance with the oral, telephonic, electronic, facsimile or written instructions of Customer.

Appears in 1 contract

Samples: Commodity Customer Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!