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 treat you as a Retail Client, unless we have informed you otherwise in writing. 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 or Eligible Counterparty). 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”), in certain circumstances may be required to be classified as Professional Clients, subject to meeting certain criteria in accordance with Applicable Regulations. We will contact you to explain the process and any additional requirements applicable to your client classification as a professional client.