Common use of Commissions and Fees, Interest Charges, Funds Clause in Contracts

Commissions and Fees, Interest Charges, Funds. Commissions and fees are as specified on the IB UK website unless otherwise agreed in writing by an officer of IB UK. Customer acknowledges that IB UK deducts commissions/fees from Customer accounts, which will reduce account equity. Positions will be liquidated if commissions or other charges cause a margin deficiency. Changes to commissions/fees are effective immediately upon either of: posting on the IB UK website or email or other written notice to Customer. IB UK shall pay credit interest to and charge debit interest from Customer at interest rates and terms on the IB UK website. Customer funds will not be disbursed until after transactions are settled. Terms and conditions for deposit and withdrawal of funds (including holding periods) are as specified on the IB UK website.

Appears in 3 contracts

Samples: Customer Agreement, Customer Agreement, Customer Agreement

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Commissions and Fees, Interest Charges, Funds. Commissions and fees are as specified on the IB UK website unless otherwise agreed in writing by an officer of IB UK. Customer acknowledges that IB UK deducts commissions/fees from Customer accounts, which will reduce account equity. Positions will be liquidated if commissions or other charges cause a margin deficiency. Changes to commissions/fees are effective immediately upon either of: posting on the IB UK website or email or other written notice to Customer. IB UK shall pay credit interest to and charge debit interest from Customer at interest rates and terms on the IB UK website. Customer funds will not be disbursed until after transactions are settled. Terms and conditions for deposit and withdrawal of funds (including holding periods) are as specified on the IB UK website. Your IBroker's commissions and fees are governed by the agreement with your IBroker.

Appears in 2 contracts

Samples: Customer Agreement, Customer Agreement

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