Common use of Client Categorisation Clause in Contracts

Client Categorisation. As per the provisions of XxXXX XX, the Company will deal with the Client according to the type of categorisation of the Client as a Retail Client, Professional Client or Eligible Counterparty, in accordance with the information provided to the Company during the account opening procedure. The three categories attempt to reflect both the clients’ level of knowledge and experience in the financial markets as well as their ability to understand and tolerate the risks emerging from their investment decisions so as to adopt appropriate measures suiting the characteristics of each category of clients. MiFID II establishes certain criteria, which the Company shall follow when categorising the clients and communicates the outcome to them by email. These criteria have been incorporated into the Client Categorization Policy of the Company. Following the provisions of XxXXX XX, the Company acknowledges that the level of regulatory protection varies according to each category of clients. More specifically, Retail Clients are to afford the most regulatory protection. Professional Clients and Eligible Counterparties are deemed to be more experienced, knowledgeable and sophisticated and able to assess the risks involved. As a result, they are to be afforded fewer regulatory protections. The Client shall inform the Company immediately in case the Client’s personal information changes. In the event that the Client wishes to be recategorized, he must inform the Company in writing, clearly stating such a wish, as per the provisions of the Client Categorisation Policy, uploaded on the website. The final decision for the change in the Client’s categorization, however, is in the absolute discretion of the Company. The Client is bound by the method and process of categorization as this is defined and thoroughly explained in the “Client Categorisation Policy” which can be found on the Company’s website. Therefore, by accepting these terms and conditions, the client accepts the application of the categorization method. The client acknowledges and accepts that he has read and accepted the “Client Categorization Policy” document, provided during the registration process and which is uploaded on the Company’s official website. The Company reserves its right to revoke or change its Client Categorization Policy at any time as this will be announced on the Company’s website.

Client Categorisation. As per the provisions of XxXXX XX, the Company will deal with the Client according to the type of categorisation of the Client as a Retail Client, Professional Client or Eligible Counterparty, in accordance with the information provided to the Company during the account opening procedure. The three categories attempt to reflect both the clients’ level of knowledge and experience in the financial markets as well as their ability to understand and tolerate the risks emerging from their investment decisions so as to adopt appropriate measures suiting the characteristics of each category of clients. MiFID II establishes certain criteria, which the Company shall follow when categorising the clients and communicates the outcome to them by email. These criteria have been incorporated into the Client Categorization Policy of the Company. Following the provisions of XxXXX XX, the Company acknowledges that the level of regulatory protection varies according to each category of clients. More specifically, Retail Clients are to afford the most regulatory protection. Professional Clients and Eligible Counterparties are deemed to be more experienced, knowledgeable and sophisticated and able to assess the risks involved. As a result, they are to be afforded fewer regulatory protections. The Client shall inform the Company immediately in case the Client’s personal information changes. In the event that the Client wishes to be recategorized, he must inform the Company in writing, clearly stating such a wish, as per the provisions of the Client Categorisation Policy, uploaded on the website. The final decision for the change in the Client’s categorizationcategorisation, however, is in the absolute discretion of the Company. The Client is bound by the method and process of categorization as this is defined and thoroughly explained in the “Client Categorisation Policy” which can be found on the Company’s website. Therefore, by accepting these terms and conditions, the client accepts the application of the categorization methodmethod as this is defined in the “Client Categorisation Policy”. The client acknowledges and accepts that he has read and accepted the “Client Categorization Policy” document, provided during the registration process and which is uploaded on the Company’s official website. The Company reserves its right to revoke or change its Client Categorization Policy at any time as this will be announced on the Company’s website.

Client Categorisation. As per the provisions of XxXXX XX, the Company will deal with the Client according to the type of categorisation of the Client as a Retail Client, Professional Client or Eligible Counterparty, in accordance with the information provided to the Company during the account opening procedure. The three categories attempt to reflect both the clients’ level of knowledge and experience in the financial markets as well as their ability to understand and tolerate the risks emerging from their investment decisions so as to adopt appropriate measures suiting the characteristics of each category of clients. MiFID II establishes certain criteria, which the Company shall follow when categorising the clients and communicates the outcome to them by email. These criteria have been incorporated into the Client Categorization Policy of the Company. Following the provisions of XxXXX XX, the Company acknowledges that the level of regulatory protection varies according to each category of clients. More specifically, Retail Clients are to afford the most regulatory protection. Professional Clients and Eligible Counterparties are deemed to be more experienced, knowledgeable and sophisticated and able to assess the risks involved. As a result, they are to be afforded fewer regulatory protections. The Client shall inform the Company immediately in case the Client’s personal information changes. In the event that the Client wishes to be recategorized, he must inform the Company in writing, clearly stating such a wish, as per the provisions of the Client Categorisation Policy, uploaded on the website. The final decision for the change in the Client’s categorization, categorization however, is in the absolute discretion of the Company. The Client is bound by the method and process of categorization as this is defined and thoroughly explained in the “Client Categorisation Policy” which can be found on the Company’s website. Therefore, by accepting these terms and conditions, the client accepts the application of the categorization methodmethod as this is defined in the “Client Categorisation Policy”. The client acknowledges and accepts that he has read and accepted the “Client Categorization Policy” document, provided during the registration process and which is uploaded on the Company’s official website. The Company reserves its right to revoke or change its Client Categorization Policy at any time as this will be announced on the Company’s website.

Client Categorisation. As per 3.1 In accordance with the provisions of XxXXX XXLaw and the Commission Delegated Regulation, based on the Company will deal information provided by the Client, Argus shall categorise the Client in Section E, Appendix 1 as “Retail” or “Professional” under the Law, and shall conduct business with the Client according on this basis. Each category offers a different degree of protection in accordance with the Law and the conduct of business rules of the IFs; and the different degrees of protection afforded by the different client categories and the limitations to the type of level protection that a different categorisation of would entail are set out in the MIFID II Information Document which has been provided to the Client as a and which the Client hereby acknowledges that he has received. 3.2 A “Retail Client” is a client that is neither a professional client nor an eligible counter party. The categorization as “Retail” client, Professional Client or Eligible Counterpartyoffers the highest level of protection to the Client, in accordance with the information provided Law and the conduct of business rules of the IFs. The “Retail Client” may be allowed to waive some of the protections afforded by the conduct of business rules of IFs and Argus shall therefore be allowed to treat any of those clients as professionals, subject to the Company during fulfillment of relevant criteria and procedure, in accordance with the account opening procedureLaw (‘Elective Professional Client’). Such re-categorisation shall not take effect automatically but it shall be treated by Argus in accordance with the relevant provisions laid down in the Second Appendix of the Law. The three categories attempt conditions of such re-categorisation may be provided by Argus to reflect both the clients’ level of Client as a separate document, at any time the Client so requests. 3.3 A “Professional Client” is a client that possesses the experience, knowledge and experience in the financial markets as well as their ability expertise to understand and tolerate the risks emerging from their make his own investment decisions so as to adopt appropriate measures suiting the characteristics of each category of clients. MiFID II establishes certain criteria, which the Company shall follow when categorising the clients and communicates the outcome to them by email. These criteria have been incorporated into the Client Categorization Policy of the Company. Following the provisions of XxXXX XX, the Company acknowledges that the level of regulatory protection varies according to each category of clients. More specifically, Retail Clients are to afford the most regulatory protection. Professional Clients and Eligible Counterparties are deemed to be more experienced, knowledgeable and sophisticated and able to properly assess the risks involvedthat it incurs. As a result, they Clients who are considered to be afforded fewer regulatory protectionsProfessionals in accordance with Part I of the Second Appendix of the Law (‘Professional Client Per Se’) have the right to request not to be treated as professionals and ask, at their own responsibility, for a higher level of protection; and Argus may agree to provide them a higher level of protection upon relevant written agreement. The Client However, Xxxxx shall inform the Company immediately in case the Client’s personal information changes. In the event that not be obliged to deal with the Client wishes to be recategorized, he must inform the Company in writing, clearly stating such a wish, as per the provisions of the Client Categorisation Policy, uploaded on the website. The final decision for the change in the Client’s categorization, however, is in the absolute discretion of the Company. The Client is bound by the method and process of categorization as this is defined and thoroughly explained in the “Client Categorisation Policy” which can be found on the Company’s website. Therefore, by accepting these terms and conditions, the client accepts the application of the categorization method. The client acknowledges and accepts that he has read and accepted the “Client Categorization Policy” document, provided during the registration process and which is uploaded on the Company’s official website. The Company reserves its right to revoke or change its Client Categorization Policy at any time as this will be announced on the Company’s websitebasis.