COSTS, PAYMENTS AND CHARGES Charges. You shall pay our charges as agreed with you from time to time, any fees or other charges imposed by a clearing organisation and interest on any amount due to us at the rates then charged by us (and which are available on request). A copy of our current charges is published on our website. Any alteration to charges will be notified to you before the time of the change. Additional costs You should be aware of the possibility that other taxes or costs may exist that are not paid through or imposed by us. Payments All payments to us under this Agreement shall be made in such currency as we may from time to time specify to the bank account designated by us for such purposes. All such payments shall be made by you without any deduction or withholding. Remuneration and sharing of charges We may share charges with partners, affiliates, business introducers and agents in connection with Transactions carried out on your behalf. Details of such remuneration or sharing arrangements are available to you upon request. If you require more information on the fees and commissions that we pay to business introducers and other affiliates, let us know and we will provide you with further information. Rollovers, Interest A daily financing charge may apply to each open transaction at the closing of the Company’s trading day as regard to that DC. If such financing charge is applicable, it will either be requested to be paid by Client directly to the Company or it will be paid by the Company to Client, depending on the type of DC and the nature of the position Client holds. The method of calculation of the financing charge varies according to the type of DC to which it applies. Moreover, the amount of the financing charge will vary as it is linked to current interest rates (such as LIBOR). The financing charge will be credited or debited (as appropriate) to Client’s account on the next day following the day to which it relates. The Company reserves the right to change the method of calculating the financing charge, the financing rates and/or the types of DCs to which the financing charge applies. For certain types of DCs, a commission is payable by Client to open and close DC positions. Such commission payable will be debited from Client’s account at the same time as the Company opens or closes the relevant DC. Changes in our swap interest rates and calculations shall be at our own discretion and without notice. Clients need to always check our website for the then current rates charged. Rates may change quickly due to market conditions (changes in interest rates, volatility, liquidity etc.) and due to various risk related matters that are at the firm's sole discretion. A fix commission applies for the products quoted with a variable spread, according with the Specifications table. This commission is fixed per contract, per leg (one way). The company reserves the right to modify the commission and is not liable for any losses incurred by Clients when the commission changes. When products with variable spreads and commission please carefully periodically check the Specifications table. The Company is not to be kept liable for any change of the variable spread or of the commission.
Appears in 5 contracts
Samples: Services Agreement, Services Agreement, Services Agreement
COSTS, PAYMENTS AND CHARGES Charges. You shall pay our charges as agreed with you from time to time, any fees or other charges imposed by a clearing organisation organization and interest on any amount due to us at the rates then charged by us (and which are available on request). A copy of our current charges is published on our website. Any alteration to charges will be notified to you before the time of the change. Additional costs You should be aware of the possibility that other taxes or costs may exist that are not paid through or imposed by us. Payments All payments to us under this Agreement shall be made in such currency as we may from time to time specify to the bank account designated by us for such purposes. All such payments shall be made by you without any deduction or withholding. Remuneration and sharing of charges We may share charges with partners, affiliates, business introducers and agents in connection with Transactions carried out on your behalf. Business introducers and agents are paid on the basis of the percentage of spread. Partners and affiliates get fixed fees. Details of such remuneration or sharing arrangements are available to you upon request. If you require more information on the fees and commissions that we pay to business introducers and other affiliates, let us know and we will provide you with further information. Rollovers, Interest A daily financing charge may apply to each FX/CFD open transaction position at the closing of the Company’s trading day as regard to that DCFX/CFD. If such financing charge is applicable, it will either be requested to be paid by Client directly to the Company or it will be paid by the Company to Client, depending on the type of DC FX/CFD and the nature of the position Client holds. The method of calculation of the financing charge varies according to the type of DC FX/CFD to which it applies. Moreover, the amount of the financing charge will vary as it is linked to current interest rates (such as LIBOR). The financing charge will be credited or debited (as appropriate) to Client’s account on the next trading day following the day to which it relates. The Company reserves the right to change the method of calculating the financing charge, the financing rates and/or the types of DCs FX/CFDs to which the financing charge applies. For certain types of DCsFX/CFDs, a commission is payable by Client to open and close DC FX/CFD positions. Such commission payable will be debited from Client’s account at the same time as the Company opens or closes the relevant DCFX/CFD. Changes in our swap interest rates and calculations shall be at our own discretion and without notice. Clients need to always check our website for the then current rates charged. Rates may change quickly due to market conditions (changes in interest rates, volatility, liquidity etc.) and due to various risk related matters that are at the firm's sole discretion. A fix commission applies for the products quoted with a variable spread, according with the Specifications table. This commission is fixed per contract, per leg (one way). The company reserves the right to modify the commission and is not liable for any losses incurred by Clients when the commission changes. When products with variable spreads and commission please carefully periodically check the Specifications table. The Company is not to be kept liable for any change of the variable spread or of the commission.
Appears in 1 contract
Samples: Client Agreement