Client Categorization. 1. The Company is required under MiFID II to categorize any Client as eligible Counterparty, Professional Client or Retail Client so that when carrying out business with a Client, the Company can provide the level of information, services and protection that is appropriate to and consistent with a Client categorization.
Client Categorization. 4.2.1 For the purposes of the services provided by INFINOX under this Client Agreement, subject to clauses 4.2.2 & 4.2.3, for the purposes of Applicable Regulations, we will classify you as either a Retail Client or a Professional Client.
Client Categorization. 5.1. According to Applicable Regulations, the Company has to categorize its Clients in one of the following categories: Retail Client and Professional Client. If a Client has been categorized as Professional Client, the Company then reserves the right to further categorize the Client as an Eligible Counterparty. The Client will be categorized and treated as a Retail Client in accordance with applicable law, unless the Client has informed the Company otherwise.
Client Categorization. 4.1. According to Applicable Regulations, the Company has to categorize its Clients in one of the following categories: Retail Client, Professional Client or Eligible Counterparty. The categorization shall depend on the information provided by the Client in his Account Opening Application Form and according to the method of categorization as this method is explained under the document titled “Client Categorization Policy”. By accepting this Agreement, the Client accepts the application of such method of categorization. The Company will inform the Client of his categorization according to Applicable Regulations. The Client has the right to request a different categorization as per the provisions of the document titled “Client Categorization Policy”. Categorization as a retail client offers greater protection. Retail clients are entitled to more detailed information under Applicable Regulations. Specific information for the protections of Retail clients can be found in the document titled “Client Categorization Policy”. The Company cannot enter into title transfer financial collateral arrangements with retail clients. Renumeration practices which could provide an incentive to the Company’s staff to recommend a particular financial instrument to a retail client when the Company could offer a different financial instrument which would better meet that client’s needs are also prohibited. In the case of professional clients and eligible counterparties, the Company may agree to provide more limited information as provided by Applicable Regulations.
Client Categorization. The company will categorize clients as ‘retail’ by default unless the client chooses to change his categorization to professional or Eligible Counterparty.
Client Categorization. 4.1. According to Applicable Regulations, the Company has to categorize its Clients in one of the following categories: Retail Client, Professional Client or Eligible Counterparty. The categorization shall depend on the information provided by the Client in his Account Opening Application Form and according to the method of categorization as this method is explained under the document titled “Client Categorization Policy”. By accepting this Agreement, the Client accepts the application of such method of categorization. The Company will inform the Client of his categorization according to Applicable Regulations. The Client has the right to request a different categorization as per the provisions of the document titled “Client Categorization Policy”.
Client Categorization. 14.1 Following the implementation of the Markets in Financial Instruments Directive (MiFID) in the European Union revised and implemented on the 3rd January 2018 as MIFID II and in accordance with the Investment Activities, the Operation of Regulated Markets and Other Related Matters Law of 2017, Law 87(I)/2017, as subsequently amended or replaced from time to time, the Company is required to categorize its Clients into one of the following three categories: Retail, Professional or Eligible Counterparty.
Client Categorization. The company will categorize clients as ‘retail’ by default unless the client chooses to change his categorization to professional or ECP.
Client Categorization a. On the basis of information available to the Sub-Adviser, the Sub-Adviser has categorized the Trust as a Professional Client (as such term is defined in the FCA Handbook with reference to the FCA rules) and the Trust will benefit from those regulatory protections afforded to that category in the FCA Rules.
Client Categorization. 6.1 The Company attaches different levels of regulatory protection to each category and clients within each category. In particular, Retail Clients are afforded the most regulatory protection; Professional Clients and ECPs are considered to be more experienced, knowledgeable and sophisticated and able to assess their own risk and are thus afforded fewer regulatory protections.
