Confirmations and Periodic Statements Sample Clauses

Confirmations and Periodic Statements. IBIE will promptly provide Clients with essential information concerning the execution of an order no later than the first business day following execution of the order by IBIE or on the first business day following the confirmation of execution/cancellation by one of the affiliates of the Interactive Brokers Group or another third party, confirmations of order executions or cancellations. The Client also has the right to request: (i) information about the status of an order; (ii) periodic statements, at least monthly; (iii) information as to where financial instruments or funds or Client may be held; (iv) a summary statement of costs and charges, at least annually; and (v) an illustration of the cumulative effect of costs on returns, at least annually. Any confirmation, statement or illustration to be provided by IBIE will be displayed on the Client’s Account Management section of the IBIE website. A Transaction shall be deemed executed when your order is confirmed as executed by ▇▇▇▇. The Client agrees to monitor each order until IBIE confirms execution or cancellation. The Client acknowledges that confirmations of executions or cancellations may be delayed or may be erroneous (e.g., due to computer system issues) or may be cancelled/adjusted under appropriate circumstances. The Client is bound by the actual order execution, if consistent with the Client's order. In the event that a Transaction is confirmed by IBIE as executed, and it is later cancelled by an exchange, trading network or regulatory authority, the confirmed Transaction will also be deemed cancelled and the Client will be informed accordingly. The Client agrees to notify IBIE immediately by telephone or electronically through the IBIE website if: (i) the Client fails to receive an accurate confirmation of an execution or cancellation; (ii) the Client receives a confirmation that is different than the Client's order; (iii) the Client receives a confirmation for an order that the Client did not place; (iv) the Client receives an account statement, confirmation, or other information reflecting inaccurate orders, trades, balances, positions, margin status, or transaction history; or (v) the Client wishes to request information about the status of an order. The Client acknowledges that IBIE may adjust the Client's account to correct any error, including by removing from your account funds and/or assets erroneously transferred to your account. The Client agrees to promptly return to IBIE any ass...