Cashiering Functions. Pershing shall perform cashiering functions for accounts introduced by Broker. These functions shall include receipt and delivery of securities; receipt and payment of funds owed by or to customers; and provision of custody for securities and funds. Broker shall provide Pershing with the data and documents that are necessary or appropriate to permit Pershing to perform its obligations under this Paragraph, including but not limited to copies of records documenting receipt of customers’ funds and securities received directly by Broker. Such data and documents must be compatible with the requirements of Pershing’s data processing systems.
Appears in 3 contracts
Samples: www.sec.gov, Disclosed Clearing Agreement (Summit Financial Services Group Inc), Disclosed Clearing Agreement (International Assets Holding Corp)
Cashiering Functions. Pershing shall perform normal and reasonable cashiering functions for customer accounts introduced by Broker. These functions shall include receipt and delivery of securitiessecurities purchased, sold, borrowed, and loaned; receipt and payment of funds owed by or to customers; and provision of custody for securities and funds. Broker shall provide Pershing with the basic data and documents that are necessary or appropriate to permit Pershing to perform its obligations under this Paragraph, including but not limited to copies of records documenting receipt of customers’ ' funds and securities received directly by Broker. Such data and documents must be compatible with the requirements of Pershing’s 's data processing systems.
Appears in 3 contracts
Samples: Clearing Agreement (Echapman Com Inc), Disclosed Clearing Agreement (Chapman Holdings Inc), Pinnacle Global Group Inc
Cashiering Functions. Pershing shall perform cashiering functions for accounts introduced by Broker. These functions shall include receipt and delivery of securities; receipt and payment of funds owed by or to customers; and provision of custody for securities and funds. Broker shall provide Pershing with the data and documents that are necessary or appropriate to permit Pershing to perform its obligations under this Paragraph, including but not limited to copies of records documenting receipt of customers’ ' funds and securities received directly by Broker. Such data and documents must be compatible with the requirements of Pershing’s 's data processing systems.
Appears in 1 contract
Samples: Clearing Agreement (American Portfolios Holdings Inc)
Cashiering Functions. Pershing shall perform cashiering functions for accounts introduced by Broker. These functions shall include xxxxxde receipt and delivery of securities; receipt and payment of funds owed by or to customers; and provision of custody for securities and funds. Broker shall provide Pershing with the data and documents that are necessary or appropriate to permit Pershing to perform its obligations under this Paragraph, including but not limited to copies of records documenting receipt of customers’ ' funds and securities received directly by Broker. Such data and documents must be mxxx xx compatible with the requirements of Pershing’s 's data processing systems.
Appears in 1 contract
Samples: Clearing Agreement (American Portfolios Holdings Inc)
Cashiering Functions. Pershing shall perform cashiering functions for -------------------- accounts introduced by Broker. These functions shall include receipt and delivery of securities; receipt and payment of funds owed by or to customers; and provision of custody for securities and funds. Broker shall provide Pershing with the data and documents that are necessary or appropriate to permit Pershing to perform its obligations under this Paragraph, including but not limited to copies of records documenting receipt of customers’ ' funds and securities received directly by Broker. Such data and documents must be compatible with the requirements of Pershing’s 's data processing systems.
Appears in 1 contract
Samples: Disclosed Clearing Agreement (Ziegler Companies Inc)
Cashiering Functions. Pershing shall perform cashiering functions for accounts introduced by Broker. These functions shall include receipt and delivery of securities; receipt and payment of funds owed by or to customers; and provision of custody for securities and funds. Broker shall provide Pershing with the data and documents that are necessary or appropriate to permit Pershing to perform its obligations under this Paragraph, including but not limited to copies of records documenting receipt of customers’ ' funds and securities received directly by Broker. Such data and documents must be compatible with the requirements of Pershing’s 's data processing systems.. Pg. II
Appears in 1 contract
Samples: Fully Disclosed Clearing Agreement (Southern Trust Securities Holding Corp)
