Common use of CLIENT MONEY Client Money Clause in Contracts

CLIENT MONEY Client Money. Any money received by the Company in respect of a Client’s Account with the Company shall be treaded as ‘’Client Money’’ in accordance with the then applicable Client Money Rules except where the Client (Professional Clients and Eligible Counterparties only) separately agree with us to transfer full ownership of money to the Company for the purpose of securing or otherwise covering present or future, actual or contingent or prospective obligations, such as Margin, in which circumstances such money will not be regarded as Client Money. Title transfer collateral arrangements are not used by the Company with Retail Clients.