Common use of Classification of Trade Clause in Contracts

Classification of Trade. 2.9.1 The copy trading service may result in trades in a number of financial instruments. Each trade opened on your behalf as part of the copy trading functionalities will Usually, be classified under the same asset class as classified in the copied account. 2.9.2 If you are restricted from trading a certain asset class or specific product due to Applicable Law or other regulatory requirements, then we will take reasonable steps, where permitted by applicable Law and where our service enables this, to ensure that an equivalent or similar Trade is opened in your account to replace the restricted trade (for example, replacing a CFD Trade with a trade in the underlying product). If the trade is replaced for you, we cannot guarantee that the risk rating and economic performance of the replacement trade will match that of the restricted trade. Where in our sole discretion, we do not replace trade with an equivalent or similar trade for any reason (for example, as a result of a restriction due to Applicable Law or where no suitable replacement exists), your economic performance, risk rating, and other factors may deviate from that of the Accuindex Copy trader.

Appears in 5 contracts

Samples: Client Agreement, Client Agreement, Client Agreement

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Classification of Trade. 2.9.1 3.1 The copy trading service may result in trades in a number of financial instruments. Each trade opened on your behalf as part of as the copy trading functionalities will Usually, usually be classified under the same asset class as classified in the copied account. 2.9.2 3.2 If you are restricted from trading a certain asset class or specific product due to Applicable Law or other regulatory requirements, then we will take reasonable steps, where permitted by applicable Applicable Law and where our service enables this, to ensure that an equivalent or similar Trade trade is opened in your account to replace the restricted trade (for example, replacing a CFD Trade trade with a trade in the underlying product). If the we replace a trade is replaced for you, we cannot guarantee that the risk rating and economic performance of the replacement trade will match that of the restricted trade. Where in our sole discretion, discretion we do not replace a trade with an equivalent or similar trade for any reason (for example, as a result of a restriction due to Applicable Law or where no suitable replacement exists), your economic performance, risk rating, rating and other factors may deviate from that of the Accuindex BKFX Copy trader 3.3 You should read the General Terms and Conditions which apply to the underlying instrument for more information.

Appears in 1 contract

Samples: Copy Trading Terms

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Classification of Trade. 2.9.1 The copy trading service may result in trades in a number of financial instruments. Each trade opened on your behalf as part of the copy trading functionalities will Usually, be classified under the same asset class as classified in the copied account. 2.9.2 If you are restricted from trading a certain asset class or specific product due to Applicable Law or other regulatory requirements, then we will take reasonable steps, where permitted by applicable Law and where our service enables this, to ensure that an equivalent or similar Trade is opened in your account to replace the restricted trade (for example, replacing a CFD Trade with a trade in the underlying product). If the trade is replaced for you, we cannot guarantee that the risk rating and economic performance of the replacement trade will match that of the restricted trade. Where in our sole discretion, we do not replace trade with an equivalent or similar trade for any reason (for example, as a result of a restriction due to Applicable Law or where no suitable replacement exists), your economic performance, risk rating, and other factors may deviate from that of the Accuindex NXG Markets Copy trader.

Appears in 1 contract

Samples: Client Agreement

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