Common use of Business Introducer Clause in Contracts

Business Introducer. 22.1. The Client may have been recommended by a Business Introducer. Based on a written agreement with the Company, the Business Introducer will be paid with a fee / commission. 22.2. The Business Introducer or other third parties will be paid with a fee/commission based on a written agreement with the Company. This fee/commission is related to the volume of trading transactions performed by and the number of referred Clients to the Company. The Company has the obligation and undertakes to disclose to the Client, upon his request, further details regarding the amount of fees/commissions or any other remuneration paid to the Business Introducer, or other third parties. 22.3. The Client acknowledges and understands that in circumstances of a Client being introduced to the Company through an Introducer higher spreads may be applied as mark-up, as indicated in Company’s website. Note that fees/commissions to the Introducers may be paid by the Company even if mark ups are not existent. If the Client does not consent to this, the Company shall not apply the mark-up or mark-down to any of the applicable accounts and the Introducer will be remunerated based on the terms of the standard Introducer’s Agreement offered by the Company. 22.4. By accepting this Agreement, the Client confirms that he/ she is also aware that commissions based on the Client’s traded volume may be paid to the Business Introducer. 22.5. The Introducer has the option to share a percentage of the remuneration he receives from the Company, based on the Introducer and/or Complementary Agreement he has in place with the Company, with any Client he has referred to the Company, through the Company’s Rebate system. The Introducer has the option to change the percentage of Introducer Rebate he is willing to share with a Client at any given time, without his prior consent. It is understood that the Introducer and the Client do not maintain any form of relationship, when the referred Client has already concluded an agreement with the Company. 22.6. Introducer Rebates apply only to Clients of the Company who have been introduced to the Company by Affiliates and can be applied to any trading account that the referred Client has opened with the Company. 22.7. Introducer Rebates is the percentage of the Introducer commission which is calculated based on the volume of trading transactions performed by the referred Clients and are applied to the Client’s trading account(s). 22.8. The Client acknowledges that Introducer Rebates are discretionary and the Company reserves the right to terminate this offer at any time. 22.9. The Client acknowledges and confirms that: (a) the Company does not bear responsibility for whatever agreements are reached between the Client and the Business Introducer. (b) his/ her agreement with the Business Introducer may result in additional costs, since the Company may be obliged to pay commission fees or charges to the Business Introducer. (c) the Business Introducer is authorised to have ''View Only'' access to one or more terminals, including terminal access through internet browser, to electronically monitor the activities of Clients' Accounts introduced by the Business Introducer to the Company. 22.10. The Client acknowledges that the Business Introducer is not a representative of the Company nor is he authorised to provide any guarantees or any promises with respect to the Company or its services. 22.11. The Client acknowledges and understands that the Business Introducer is not allowed to offer the service of Investment Advice.

Appears in 2 contracts

Samples: Account Opening Agreement, Account Opening Agreement

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Business Introducer. 22.123.1. The Client may have been recommended by a Business IntroducerIntroducer as defined in paragraph Error! Reference source not found. of this Terms and Conditions. Based on a written agreement with the Company, the Business Introducer will be paid with a fee / commission. 22.223.2. The Business Introducer or other third parties will be paid with a fee/commission based on a written agreement with the Company. This fee/commission is related to the frequency/volume of trading and funding transactions performed by and the number of referred Clients to the Company. The Company has the obligation and undertakes to disclose to the Client, upon his request, further details regarding the amount of fees/commissions or any other remuneration paid to the Business Introducer, or other third parties. 22.323.3. The In summary the Company charges all its Clients spreads that are in accordance with the information under the ‘Trading Products’ tab located at the Company’s Website. If higher spreads are applied these are due to the Client acknowledges and understands that in circumstances of a Client being introduced coming to the Company through an via a Business introducer. Therefore the Business Introducer higher spreads may will be applied as mark-up, as indicated in Company’s websitepaid by the Company the commission earned by the Clients trading volume. Note Please note that fees/commissions commission to the Introducers Business Introducer may be paid by the Company even if mark ups are not existent. If the Client does not consent to this, the Company shall not apply the mark-up or mark-down to any of the applicable accounts and the Introducer will be remunerated based on the terms of the standard Introducer’s Agreement offered by the Company. 22.4. By accepting this Agreement, Account Opening Agreement the Client client confirms that he/ she is also aware that commissions based on the Client’s traded volume may be paid to the Business Introducer. 22.5. The Introducer has the option to share a percentage of the remuneration he receives from the Company, based on the Introducer and/or Complementary Agreement he has in place with the Company, with any Client he has referred to the Company, through the Company’s Rebate system. The Introducer has the option to change the percentage of Introducer Rebate he is willing to share with a Client at any given time, without his prior consent. It is understood that the Introducer and the Client do not maintain any form of relationship, when the referred Client has already concluded an agreement with the Company. 22.6. Introducer Rebates apply only to Clients of the Company who have been introduced to the Company by Affiliates and can be applied to any trading account that the referred Client has opened with the Company. 22.7. Introducer Rebates is the percentage of the Introducer commission which is calculated based on the volume of trading transactions performed by the referred Clients and are applied to the Client’s trading account(s). 22.8. The Client acknowledges that Introducer Rebates are discretionary and the Company reserves the right to terminate this offer at any time. 22.923.4. The Client acknowledges and confirms that: (a) a. the Company does not bear responsibility for whatever agreements are reached between the Client and the Business Introducer. (b) b. his/ her agreement with the Business Introducer may result in additional costs, since the Company may be obliged to pay commission fees or charges to the Business Introducer. (c) c. the Business Introducer is authorised to have ''View Only'' access to one or more terminals, including terminal access through internet browser, to electronically monitor the activities of Clients' Accounts introduced by the Business Introducer to the Company. 22.1023.5. The Client acknowledges that the Business Introducer is not a representative of the Company nor is he authorised to provide any guarantees or any promises with respect to the Company or its services. 22.1123.6. The Client acknowledges and understands that In its written agreement with Business Introducers, the Company prohibits Business Introducer is not allowed Introducers from proving investment advice to offer the service of Investment AdviceClients.

Appears in 1 contract

Samples: Account Opening Agreement

Business Introducer. 22.1. The Client may have been recommended by a Business Introducer. Based on a written agreement with the Company, the Business Introducer will be paid with a fee / fee/commission. 22.2. The Business Introducer or other third parties will be paid with a fee/commission based on a written agreement with the Company. This fee/commission is related to the volume of trading transactions performed by and the number of referred Clients to the Company. The Company has the obligation and undertakes to disclose to the Client, upon his request, further details regarding the amount of fees/commissions or any other remuneration paid to the Business Introducer, or other third parties. 22.3. The Client acknowledges and understands that in circumstances of a Client being introduced to the Company through an Introducer higher spreads may be applied as mark-up, as indicated in on Company’s website. Note that fees/commissions to the Introducers may be paid by the Company even if mark ups are markups do not existentexist. If the Client does not consent to this, the Company shall not apply the mark-up or mark-down to any of the applicable accounts and the Introducer will be remunerated based on the terms of the standard Introducer’s Agreement offered by the Company. 22.4. By accepting this Agreement, the Client confirms that he/ she is also aware that commissions based on the Client’s traded volume may be paid to the Business Introducer. 22.5. The Introducer has the option to share a percentage of the remuneration he receives from the Company, based on the Introducer and/or Complementary Agreement he has in place with the Company, with any Client he has referred to the Company, through the Company’s Rebate system. The Introducer has the option to change the percentage of Introducer Rebate he is willing to share with a Client at any given time, without his prior consent. It is understood that the Introducer and the Client do not maintain any form of relationship, relationship when the referred Client has already concluded an agreement with the Company. 22.6. Introducer Rebates apply only to Clients of the Company who have been introduced to the Company by Affiliates and can be applied to any trading account that the referred Client has opened with the Company. 22.7. Introducer Rebates is the percentage of the Introducer commission which is calculated based on the volume of trading transactions performed by the referred Clients and are applied to the Client’s trading account(s). The Clients can be informed on which of their trading accounts are subject to Introducer Rebates through the client area. 22.8. The Introducer has the option to fund the trading account of the referred Client either automatically or manually. The Client’s account can be credited with the Introducer Rebate amount every day at midnight server time, given that the Rebate generated amount has exceeded 5USD. 22.9. If the Client and/or the Introducer wishes to receive a detailed statement of the amount of rebates received upon the closure of a trade, he must send an email to the Company at xxxxxxx@xxxxxxxxxxxxxx.xxx. 22.10. The Client acknowledges that Introducer Rebates are discretionary and the Company reserves the right to terminate this offer at any time. 22.922.11. The Client acknowledges and confirms that: (a) the The Company does not bear responsibility for whatever agreements are reached between the Client and the Business Introducer. (b) his/ His/ her agreement with the Business Introducer may result in additional costs, since the Company may be obliged to pay commission fees or charges to the Business Introducer. (c) the The Business Introducer is authorised to have ''View Only'' access to one or more terminals, including terminal access through the internet browser, to electronically monitor the activities of Clients' Accounts introduced Introduced by the Business Introducer to the Company. 22.1022.12. The Client acknowledges that the Business Introducer is not a representative of the Company nor is he authorised to provide any guarantees or any promises with respect to the Company or its services. 22.1122.13. The Client acknowledges and understands that the Business Introducer is not allowed to allowedto offer the service of Investment Advice.

Appears in 1 contract

Samples: Account Opening Agreement

Business Introducer. 22.119.1. The Client may have been recommended by a Business Introducer. Based on a written agreement with the Company, the Business Introducer will be paid with a fee / commission. 22.219.2. The Business Introducer or other third parties will be paid with a fee/commission based on a written agreement with the Company. This fee/commission is related to the volume of trading transactions performed by and the number of referred Clients to the Company. The Company has the obligation and undertakes to disclose to the Client, upon his request, further details regarding the amount of fees/commissions or any other remuneration paid to the Business Introducer, or other third parties. 22.319.3. The Client acknowledges and understands that in circumstances of a Client being introduced to the Company through an Introducer higher spreads may be applied as mark-up, as indicated in Company’s website. Note that fees/commissions to the Introducers may be paid by the Company even if mark ups are not existent. If the Client does not consent to this, the Company shall not apply the mark-up or mark-down to any of the applicable accounts and the Introducer will be remunerated based on the terms of the standard Introducer’s Agreement offered by the Company. 22.419.4. By accepting this Agreement, the Client confirms that he/ she is also aware that commissions based on the Client’s traded volume may be paid to the Business Introducer. 22.519.5. The Introducer has the option to share a percentage of the remuneration he receives from the Company, based on the Introducer and/or Complementary Agreement he has in place with the Company, with any Client he has referred to the Company, through the Company’s Rebate system. The Introducer has the option to change the percentage of Introducer Rebate he is willing to share with a Client at any given time, without his prior consent. It is understood that the Introducer and the Client do not maintain any form of relationship, when the referred Client has already concluded an agreement with the Company. 22.619.6. Introducer Rebates apply only to Clients of the Company who have been introduced to the Company by Affiliates and can be applied to any trading account that the referred Client has opened with the Company. 22.719.7. Introducer Rebates is the percentage of the Introducer commission which is calculated based on the volume of trading transactions performed by the referred Clients and are applied to the Client’s trading account(s). The Clients can be informed on which of their trading accounts are subject to Introducer Rebates through their myXtreamForex area. 22.819.8. The Introducer has the option to fund the trading account of the referred Client either automatically or manually. The Client’s account can be credited with the Introducer Rebate amount every day at midnight server time, given that the Rebate generated amount. 19.9. If the Client and/or the Introducer wishes to receive a detailed statement of the amount of rebates received upon the closure of a trade, he must send an email to the Company at xxxxxxx@xxxxxxxxxxx.xxx. 19.10. The Client acknowledges that Introducer Rebates are discretionary and the Company reserves the right to terminate this offer at any time. 22.919.11. The Client acknowledges and confirms that: (a) the Company does not bear responsibility for whatever agreements are reached between the Client and the Business Introducer. (b) his/ her agreement with the Business Introducer may result in additional costs, since the Company may be obliged to pay commission fees or charges to the Business Introducer. (c) the Business Introducer is authorised to have ''View Only'' access to one or more terminals, including terminal access through internet browser, to electronically monitor the activities of Clients' Accounts introduced by the Business Introducer to the Company. 22.1019.12. The Client acknowledges that the Business Introducer is not a representative of the Company nor is he authorised to provide any guarantees or any promises with respect to the Company or its services. 22.1119.13. The Client acknowledges and understands that the Business Introducer is not allowed to offer the service of Investment Advice.

Appears in 1 contract

Samples: Client Agreement

Business Introducer. 22.110.1. The Client may have been recommended by a Business Introducer. Based on a written agreement with the Company, the Business Introducer will be paid with a fee / commission. 22.210.2. The Business Introducer or other third parties will be paid with a fee/commission based on a written agreement with the Company. This fee/commission is related to the volume of trading transactions performed by and the number of referred Clients to the Company. The Company has the obligation and undertakes to disclose to the Client, upon his request, further details regarding the amount number of fees/commissions or any other remuneration paid to the Business Introducer, or other third parties. 22.310.3. The Client acknowledges and understands that in circumstances of a Client being introduced to the Company through an Introducer higher spreads may be applied as markxxxx-up, as indicated in Company’s website. Note that fees/commissions to the Introducers may be paid by the Company even if mark ups markups are not existent. If the Client does not consent to this, the Company shall not apply the markxxxx-up or markxxxx-down to any of the applicable accounts and the Introducer will be remunerated based on the terms of the standard Introducer’s Agreement offered by the Company. 22.410.4. By accepting this Agreement, the Client confirms that he/ she is also aware that commissions based on the Client’s traded volume may be paid to the Business Introducer. 22.510.5. The Introducer has the option to share a percentage of the remuneration he receives from the Company, based on the Introducer and/or Complementary Agreement he has in place with the Company, with any Client he has referred to the Company, through the Company’s Rebate system. The Introducer has the option to change the percentage of Introducer Rebate he is willing to share with a Client at any given time, without his prior consent. It is understood that the Introducer and the Client do not maintain any form of relationship, when the referred Client has already concluded an agreement with the Company. 22.610.6. Introducer Rebates apply only to Clients of the Company who have been introduced to the Company by Affiliates and can be applied to any trading account that the referred Client has opened with the Company. 22.710.7. Introducer Rebates is the percentage of the Introducer commission which is calculated based on the volume of trading transactions performed by the referred Clients and are applied to the Client’s trading account(s). The Clients can be informed on which of their trading accounts are subject to Introducer Rebates through my SM. 22.810.8. The Introducer has the option to fund the trading account of the referred Client either automatically or manually. The Client’s account can be credited with the Introducer Rebate amount every day at midnight server time, given that the Rebate generated amount has exceeded 5USD. 10.9. If the Client and/or the Introducer wishes to receive a detailed statement of the number of rebates received upon the closure of a trade, he must send an email to the Company at xxxxx@xxxxxxxxxxxxx.xxx. 10.10. The Client acknowledges that Introducer Rebates are discretionary and the Company reserves the right to terminate this offer at any time. 22.910.11. The Client acknowledges and confirms that: (a) the Company does not bear responsibility for whatever agreements are reached between the Client and the Business Introducer. (b) his/ her agreement with the Business Introducer may result in additional costs, since the Company may be obliged to pay commission fees or charges to the Business Introducer. (c) the Business Introducer is authorised authorized to have ''View Only'' access to one or more terminals, including terminal access through internet browser, to electronically monitor the activities of Clients' Accounts introduced by the Business Introducer to the Company. 22.1010.12. The Client acknowledges that the Business Introducer is not a representative of the Company nor is he authorised authorized to provide any guarantees or any promises with respect to the Company or its services. 22.1110.13. The Client acknowledges and understands that the Business Introducer is not allowed to offer the service of Investment Advice.

Appears in 1 contract

Samples: Account Opening Agreement

Business Introducer. 22.121.1. The Client may have been recommended by a Business Introducer. Based on a written agreement with the Company, the Business Introducer will be paid with a fee / commission. 22.221.2. The Business Introducer or other third parties will be paid with a fee/commission based on a written agreement with the Company. This fee/commission is related to the volume of trading transactions performed by and the number of referred Clients to the Company. The Company has the obligation and undertakes to disclose to the Client, upon his request, further details regarding the amount of fees/commissions or any other remuneration paid to the Business Introducer, or other third parties. 22.321.3. The Client acknowledges and understands that in circumstances of a Client being introduced to the Company through an Introducer higher spreads may be applied as markxxxx-up, as indicated in Company’s websiteCompany¶Vwebsite. Note that fees/commissions to the Introducers may be paid by the Company even if mark xxxx ups are not existent. If the Client does not consent to this, the Company shall not apply the markxxxx-up or mark-xxxx- down to any of the applicable accounts and the Introducer will be remunerated based on the terms of the standard Introducer’s Agreement Introducer¶VAgreement offered by the Company. 22.421.4. By accepting this Agreement, the Client confirms that he/ she is also aware that commissions based on the Client’s traded Client¶tVraded volume may be paid to the Business Introducer. 22.521.5. The Introducer has the option to share a percentage of the remuneration he receives from the Company, based on the Introducer and/or Complementary Agreement he has in place with the Company, with any Client he has referred to the Company, through the Company’s Rebate Company¶VRebate system. The Introducer has the option to change the percentage of Introducer Rebate he is willing to share with a Client at any given time, without his prior consent. It is understood that the Introducer and the Client do not maintain any form of relationship, when the referred Client has already concluded an agreement with the Company. 22.6. Introducer Rebates apply only to Clients of the Company who have been introduced to the Company by Affiliates and can be applied to any trading account that the referred Client has opened with the Company. 22.7. Introducer Rebates is the percentage of the Introducer commission which is calculated based on the volume of trading transactions performed by the referred Clients and are applied to the Client’s trading account(s). 22.8. The Client acknowledges that Introducer Rebates are discretionary and the Company reserves the right to terminate this offer at any time. 22.9. The Client acknowledges and confirms that: (a) the Company does not bear responsibility for whatever agreements are reached between the Client and the Business Introducer. (b) his/ her agreement with the Business Introducer may result in additional costs, since the Company may be obliged to pay commission fees or charges to the Business Introducer. (c) the Business Introducer is authorised to have ''View Only'' access to one or more terminals, including terminal access through internet browser, to electronically monitor the activities of Clients' Accounts introduced by the Business Introducer to the Company. 22.1021.7. The Client acknowledges that the Business Introducer is not a representative of the Company nor is he authorised to provide any guarantees or any promises with respect to the Company or its services. 22.1121.8. The Client acknowledges and understands that the Business Introducer is not allowed to offer the service of Investment Advice.

Appears in 1 contract

Samples: Account Opening Agreement

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Business Introducer. 22.121.1. The Client may have been recommended by a Business Introducer. Based on a written agreement with the Company, the Business Introducer will be paid with a fee / commission. 22.221.2. The Business Introducer or other third parties will be paid with a fee/commission based on a written agreement with the Company. This fee/commission is related to the volume of trading transactions performed by and the number of referred Clients to the Company. The Company has the obligation and undertakes to disclose to the Client, upon his request, further details regarding the amount of fees/commissions or any other remuneration paid to the Business Introducer, or other third parties. 22.321.3. The Client acknowledges and understands that in circumstances of a Client being introduced to the Company through an Introducer higher spreads may be applied as markxxxx-up, as indicated in Company’s website. Note that fees/commissions to the Introducers may be paid by the Company even if mark xxxx ups are not existent. If the Client does not consent to this, the Company shall not apply the markxxxx-up or mark-xxxx- down to any of the applicable accounts and the Introducer will be remunerated based on the terms of the standard Introducer’s Agreement offered by the Company. 22.421.4. By accepting this Agreement, the Client confirms that he/ she is also aware that commissions based on the Client’s traded volume may be paid to the Business Introducer. 22.521.5. The Introducer has the option to share a percentage of the remuneration he receives from the Company, based on the Introducer and/or Complementary Agreement he has in place with the Company, with any Client he has referred to the Company, through the Company’s Rebate system. The Introducer has the option to change the percentage of Introducer Rebate he is willing to share with a Client at any given time, without his prior consent. It is understood that the Introducer and the Client do not maintain any form of relationship, when the referred Client has already concluded an agreement with the Company. 22.6. Introducer Rebates apply only to Clients of the Company who have been introduced to the Company by Affiliates and can be applied to any trading account that the referred Client has opened with the Company. 22.7. Introducer Rebates is the percentage of the Introducer commission which is calculated based on the volume of trading transactions performed by the referred Clients and are applied to the Client’s trading account(s). 22.8. The Client acknowledges that Introducer Rebates are discretionary and the Company reserves the right to terminate this offer at any time. 22.9. The Client acknowledges and confirms that: (a) the Company does not bear responsibility for whatever agreements are reached between the Client and the Business Introducer. (b) his/ her agreement with the Business Introducer may result in additional costs, since the Company may be obliged to pay commission fees or charges to the Business Introducer. (c) the Business Introducer is authorised to have ''View Only'' access to one or more terminals, including terminal access through internet browser, to electronically monitor the activities of Clients' Accounts introduced by the Business Introducer to the Company. 22.1021.7. The Client acknowledges that the Business Introducer is not a representative of the Company nor is he authorised to provide any guarantees or any promises with respect to the Company or its services. 22.1121.8. The Client acknowledges and understands that the Business Introducer is not allowed to offer the service of Investment Advice.

Appears in 1 contract

Samples: Account Opening Agreement

Business Introducer. 22.121.1. The Client may have been recommended by a Business Introducer. Based on a written agreement with the Company, the Business Introducer will be paid with a fee / commission. 22.221.2. The Business Introducer or other third parties will be paid with a fee/commission based on a written agreement with the Company. This fee/commission is related to the volume of trading transactions performed by and the number of referred Clients to the Company. The Company has the obligation and undertakes to disclose to the Client, upon his request, further details regarding the amount of fees/commissions or any other remuneration paid to the Business Introducer, or other third parties. 22.321.3. The Client acknowledges and understands that in circumstances of a Client being introduced to the Company through an Introducer higher spreads may be applied as markxxxx-up, as indicated in Company’s websiteCompany¶Vwebsite. Note that fees/commissions to the Introducers may be paid by the Company even if mark xxxx ups are not existent. If the Client does not consent to this, the Company shall not apply the markxxxx-up or mark-xxxx- down to any of the applicable accounts and the Introducer will be remunerated based on the terms of the standard Introducer’s Agreement Introducer¶VAgreement offered by the Company. 22.421.4. By accepting this Agreement, the Client confirms that he/ she is also aware that commissions based on the Client’s traded Client¶Vtraded volume may be paid to the Business Introducer. 22.521.5. The Introducer has the option to share a percentage of the remuneration he receives from the Company, based on the Introducer and/or Complementary Agreement he has in place with the Company, with any Client he has referred to the Company, through the Company’s Rebate Company¶VRebate system. The Introducer has the option to change the percentage of Introducer Rebate he is willing to share with a Client at any given time, without his prior consent. It is understood that the Introducer and the Client do not maintain any form of relationship, when the referred Client has already concluded an agreement with the Company. 22.6. Introducer Rebates apply only to Clients of the Company who have been introduced to the Company by Affiliates and can be applied to any trading account that the referred Client has opened with the Company. 22.7. Introducer Rebates is the percentage of the Introducer commission which is calculated based on the volume of trading transactions performed by the referred Clients and are applied to the Client’s trading account(s). 22.8. The Client acknowledges that Introducer Rebates are discretionary and the Company reserves the right to terminate this offer at any time. 22.9. The Client acknowledges and confirms that: (a) the Company does not bear responsibility for whatever agreements are reached between the Client and the Business Introducer. (b) his/ her agreement with the Business Introducer may result in additional costs, since the Company may be obliged to pay commission fees or charges to the Business Introducer. (c) the Business Introducer is authorised to have ''View Only'' access to one or more terminals, including terminal access through internet browser, to electronically monitor the activities of Clients' Accounts introduced by the Business Introducer to the Company. 22.10. The Client acknowledges that the Business Introducer is not a representative of the Company nor is he authorised to provide any guarantees or any promises with respect to the Company or its services. 22.11. The Client acknowledges and understands that the Business Introducer is not allowed to offer the service of Investment Advice.

Appears in 1 contract

Samples: Account Opening Agreement

Business Introducer. 22.121.1. The Client may have been recommended by a Business Introducer. Based on a written agreement with the Company, the Business Introducer will be paid with a fee / commission. 22.221.2. The Business Introducer or other third parties will be paid with a fee/commission based on a written agreement with the Company. This fee/commission is related to the volume of trading transactions performed by and the number of referred Clients to the Company. The Company has the obligation and undertakes to disclose to the Client, upon his request, further details regarding the amount of fees/commissions or any other remuneration paid to the Business Introducer, or other third parties. 22.321.3. The Client acknowledges and understands that in circumstances of a Client being introduced to the Company through an Introducer higher spreads may be applied as mark-up, as indicated in Company’s websiteCompany¶Vwebsite. Note that fees/commissions to the Introducers may be paid by the Company even if mark ups are not existent. If the Client does not consent to this, the Company shall not apply the mark-up or mark-mark- down to any of the applicable accounts and the Introducer will be remunerated based on the terms of the standard Introducer’s Agreement Introducer¶VAgreement offered by the Company. 22.421.4. By accepting this Agreement, the Client confirms that he/ she is also aware that commissions based on the Client’s traded Client¶tVraded volume may be paid to the Business Introducer. 22.521.5. The Introducer has the option to share a percentage of the remuneration he receives from the Company, based on the Introducer and/or Complementary Agreement he has in place with the Company, with any Client he has referred to the Company, through the Company’s Rebate Company¶VRebate system. The Introducer has the option to change the percentage of Introducer Rebate he is willing to share with a Client at any given time, without his prior consent. It is understood that the Introducer and the Client do not maintain any form of relationship, when the referred Client has already concluded an agreement with the Company. 22.6. Introducer Rebates apply only to Clients of the Company who have been introduced to the Company by Affiliates and can be applied to any trading account that the referred Client has opened with the Company. 22.7. Introducer Rebates is the percentage of the Introducer commission which is calculated based on the volume of trading transactions performed by the referred Clients and are applied to the Client’s trading account(s). 22.8. The Client acknowledges that Introducer Rebates are discretionary and the Company reserves the right to terminate this offer at any time. 22.9. The Client acknowledges and confirms that: (a) the Company does not bear responsibility for whatever agreements are reached between the Client and the Business Introducer. (b) his/ her agreement with the Business Introducer may result in additional costs, since the Company may be obliged to pay commission fees or charges to the Business Introducer. (c) the Business Introducer is authorised to have ''View Only'' access to one or more terminals, including terminal access through internet browser, to electronically monitor the activities of Clients' Accounts introduced by the Business Introducer to the Company. 22.1021.7. The Client acknowledges that the Business Introducer is not a representative of the Company nor is he authorised to provide any guarantees or any promises with respect to the Company or its services. 22.1121.8. The Client acknowledges and understands that the Business Introducer is not allowed to offer the service of Investment Advice.

Appears in 1 contract

Samples: Account Opening Agreement

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