Common use of Clearance of Trades Clause in Contracts

Clearance of Trades. The Customer understands that the Broker has entered into a clearing agreement with Apex whereby the Broker will introduce the Customer Account to the Clearing Broker, and the Clearing Broker will clear all transactions, on a fully-disclosed basis. The Customer understands that the Clearing Broker carries the Customer Account(s) and is responsible for the carrying, clearing, custody and bookkeeping of transactions, but is not otherwise responsible for the conduct of the Broker. Until receipt from the Customer of written notice to the contrary, the Clearing Broker may accept from the Broker, without inquiry or investigation, (i) orders for the purchase or sale of securities and other property on margin, if the Customer has elected to have a margin account, or otherwise, and

Clearance of Trades. The Customer understands that the Broker has entered into a clearing agreement with Apex DriveWealth whereby the Broker will introduce the Customer Account to the Clearing Broker, and the Clearing Broker will clear all transactions, on a fully-disclosed basis. The Customer understands that the Clearing Broker carries the Customer Account(s) and is responsible for the carrying, clearing, custody and bookkeeping of transactions, but is not otherwise responsible for the conduct of the Broker. Until receipt from the Customer of written notice to the contrary, the Clearing Broker may accept from the Broker, without inquiry or investigation, (i) orders for the purchase or sale of securities and other property on margin, if the Customer has elected to have a margin account, or otherwise, and

Clearance of Trades. The Customer understands that the Broker has entered into a clearing agreement with Apex Clearing Corporation (“Clearing Broker”) whereby the Broker will introduce the Customer Account to the Clearing Broker, and the Clearing Broker will clear all certain transactions, on a fully-disclosed basis. The Customer understands understand that the Clearing Broker carries the Customer Account(s) and is responsible for the carrying, clearing, custody clearing and bookkeeping of transactions, but is not otherwise responsible for the conduct of the Broker. Until receipt from the Customer of written notice to the contrary, the Clearing Broker may accept from the Broker, without inquiry or investigation, (i) orders for the purchase or sale of securities and other property on margin, if the Customer has elected to have a margin accountAccount, or otherwise, and