Common use of Corrected and Late Trade Reports Clause in Contracts

Corrected and Late Trade Reports. I understand that from time to time Clearing Firm may receive late and/or erroneous trade reports from exchanges or market makers. I understand and agree that the status of orders which are not reported to me

Corrected and Late Trade Reports. I understand that from time to time Clearing Firm may receive late and/or erroneous trade reports from exchanges or market makers. I understand and agree that the status of orders which are not reported to meme or which are reported as having expired, been cancelled or been executed, may be changed in response to such late and/or erroneous reports in order to reflect what actually occurred in the marketplace with respect to such order.

Corrected and Late Trade Reports. I understand that from time to time Clearing Firm you may receive late and/or erroneous trade reports from exchanges or market makers. I understand and agree that the status of orders which are not reported to meme or which are