Common use of Client Categorization Clause in Contracts

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. 4.2.2 If we have categorized you as a Professional Client (whether or not at your request) you will not be entitled to certain protections afforded to Retail Clients by Applicable Regulations, including certain protections under the SCB’s client money rules. You have the right to request a different client categorization (e.g., as a Retail Client). If you request a different client categorization, you should notify us in writing and we will contact you to explain the process and any additional requirements applicable to the change. 4.2.3 Clients whose accounts are being traded on using a Multi Account Manager (referred to as “MAM”), will only be able to join a MAM depending on their categorization.

Appears in 7 contracts

Samples: Client Agreement, Client Agreement, Client Agreement

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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. 4.2.2 If we have categorized you as a Professional Client (whether or not at your request) you will not be entitled to certain protections afforded to Retail Clients by Applicable Regulations, including certain protections under the SCB’s client money rules. You have the right to request a different client categorization (e.g., e.g. as a Retail Client). If you request a different client categorization, you should notify us in writing and we will contact you to explain the process and any additional requirements applicable to the change. 4.2.3 Clients whose accounts are being traded on using a Multi Account Manager (referred to as “MAM”), will only be able to join a MAM depending on their categorization.

Appears in 2 contracts

Samples: Client Agreement, Client Agreement

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Client Categorization. 4.2.1 For the purposes of the services provided by INFINOX SLICK 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. 4.2.2 If we have categorized you as a Professional Client (whether or not at your request) you will not be entitled to certain protections afforded to Retail Clients by Applicable Regulations, including certain protections under the SCB’s client money rules. You have the right to request a different client categorization (e.g., e.g. as a Retail Client). If you request a different client categorization, you should notify us in writing and we will contact you to explain the process and any additional requirements applicable to the change. 4.2.3 Clients whose accounts are being traded on using a Multi Account Manager (referred to as “MAM”), will only be able to join a MAM depending on their categorization.

Appears in 1 contract

Samples: Client Agreement

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