Common use of Confirmation of Transactions Clause in Contracts

Confirmation of Transactions. a. You shall maintain a ledger of all my/our daily transactions and shall furnish me/us online through the internet Confirmation Receipts and Monthly Account Statements which shall replace the paper confirmation of purchases and sales and account statements as provided in Section 7 (Confirmation, Account Statements and Other Notices) of my/our signed Stock Trading Agreement. b. The Confirmation Receipts and Monthly Account Statements shall be deemed correct and accepted by me/us if not objected to in writing within two (2) business days from date of transaction. c. All my/our transactions for each trading day shall be displayed on the transaction confirmation page of FMSBC’s website. The Confirmation Receipts have to be acknowledged as received through FMSBC’s website before I/we can proceed to enter or transact new orders.

Appears in 4 contracts

Samples: Margin Trading Agreement, Margin Trading Agreement, Margin Trading Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!