CLIENT FUNDS AND ASSETS. 61.1 All assets (including, without limitation, cash, or only in those instances where we may agree otherwise, other assets, such as collateral (by which we mean investments, securities, bonds, or any other financial instrument, property, or asset acceptable to us in lieu of cash) handed over to us, or which we hold on your behalf for the provision of our Services ("Client Funds"), will be held in an account with a custodian, credit institution, or bank within t In a general omnibus account, your client funds may be combined with the funds of other clients. There is a risk that the Client Funds will be withdrawn or used to meet obligations of other Clients, or that the balance of assets held by the third party will not reconcile with the quantity that the third party is required to hold, and that the Client will not receive its full entitlement of Client Funds in such circumstances. In some jurisdictions, it may not be possible to distinguish between Client Funds held for Clients and those held for the third party or for the Company, and there is a risk that the Client Funds will be withdrawn, used to meet the third party's obligations, or lost entirely if the third party becomes insolvent.
CLIENT FUNDS AND ASSETS. 63.1 All Assets (including, without limitation, cash, or only in those instances in which we may agree otherwise, other assets, such as collateral (by which we mean investments, securities, bonds or any other financial instrument, property or asset acceptable to us in lieu of cash) handed over by you to us, or which we hold on your behalf for the provision of our Services (“Client Funds”), will be held in an account with a custodian, credit institution or bank within the European Economic Area (“EEA”), or with a bank authorized in a third country or any electronic payment providers/processors approved by us, and will be segregated from our own funds in accordance with the applicable FSA Rules. Your Client Funds may be pooled with the funds of other clients in a general omnibus account. In such case, there is a risk that the Client Funds could be withdrawn or used to meet obligations of other Clients, or that the balance of assets held by the third party does not reconcile with the quantity which the third party is required to hold, and the Client may not in such circumstances receive its full entitlement of Client Funds. In some jurisdictions, it may not be possible to identify separately the Client Funds which a third party holds for Clients from those which it holds for itself of for the Company, and there is a risk that the Client Funds could be withdrawn or used to meet the obligations of the third party, or lost altogether if the third party becomes insolvent.
CLIENT FUNDS AND ASSETS. 59.1. All Assets (including, without limitation, cash, or only in those instances in which we may agree otherwise, other assets, such as collateral (by which we mean investments, securities, bonds or any other financial instrument, property or asset acceptable to us in lieu of cash) handed over by you to us, or which we hold on your behalf for the provision of our Services (“Client Funds”), will be held in one or more accounts opened with a central bank or credit institution or bank within the European Economic Area (“EEA”), or with a bank authorized in a third country or a qualifying money market fund or any electronic payment providers/processors approved by us, and will be segregated and held separately from the Company’s own funds in accordance with the applicable CySEC Rules. In the event of our insolvency, Client Funds will be excluded from the assets available to our creditors. The Company reserves its right not to comply with the latter where it is able to demonstrate that, in view of the nature, scale and complexity of its business, and also the safety offered by the third parties referred to herein, and including in any case the small balance of Client Funds that the Company holds, this requirement is not proportionate.
CLIENT FUNDS AND ASSETS. 64.1 Without prejudice to the provisions of the immediately preceding Section of this Agreement, all Assets (including, without limitation, cash, or only in those instances in which we may agree otherwise, other assets, such as collateral (by which we mean investments, securities, bonds or any other financial instrument, property or asset acceptable to us in lieu of cash) handed over by you to us, or which we hold on your behalf for the provision of our Services (“Client Funds”), will be held in an account with a custodian, credit institution or bank within the European Economic Area (“EEA”), or with a bank authorized in a third country or any electronic payment providers/processors approved by us, and will be segregated from our own funds in accordance with the applicable CySEC Rules. Your Client Funds may be pooled with the funds of other clients in a general omnibus account.
