CLIENTS FUNDS. 12.1. The Company will promptly place any Client money it receives into one or more segregated account(s) with reliable financial institutions (i.e. an intermediate broker, a bank, a market, a settlement agent, a clearing house or OTC counterparty) and the Client funds will be segregated from the Company’s own money and cannot be used in the course of its business.
Appears in 3 contracts
Samples: Client Agreement, Client Agreement, Client Agreement
CLIENTS FUNDS. 12.116.1. The Company will promptly place any Client money it receives into one or more segregated account(s) with reliable financial institutions (i.e. an intermediate broker, a bank, a market, a settlement agent, a clearing house or OTC counterparty) and the Client funds will be segregated from the Company’s own money and cannot be used in the course of its business.
Appears in 3 contracts
Samples: BDS Markets, BDS Markets, Client Agreement
CLIENTS FUNDS. 12.115.1. The Company will promptly place any Client money it receives into one or more segregated account(s) with reliable financial institutions (i.e. an intermediate broker, a bank, a market, a settlement agent, a clearing house or OTC counterparty) and the Client funds will be segregated from the Company’s own money and cannot be used in the course of its business.
Appears in 2 contracts
Samples: BDS Markets, Client Agreement
CLIENTS FUNDS. 12.116.1. The Company will promptly place any Client money it receives into one or more segregated account(s) with reliable financial institutions (i.e. an intermediate broker, a bank, a market, a settlement agent, a clearing house or OTC counterparty) and the Client funds will be segregated from the Company’s 's own money and cannot be used in the course of its business.
Appears in 1 contract
Samples: Client Agreement
