Counterparty and correspondent broker risks Sample Clauses

Counterparty and correspondent broker risks. (a) Transactions on overseas exchanges or overseas markets are generally effected by your Singapore broker through the use of foreign brokers who have trading and/or clearing rights on those exchanges. All transactions that are executed upon your instructions with such counterparties and correspondent brokers are dependent on their respective due performance of their obligations. The insolvency or default of such counterparties and correspondent brokers may lead to positions being liquidated or closed out without your consent and/or may result in difficulties in recovering your monies and assets held overseas.
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Counterparty and correspondent broker risks. Transactions on overseas exchanges or overseas markets are generally affected by the Customer’s local broker through the use of foreign brokers who have trading and/or clearing rights on those exchanges. All transactions that are executed upon the Customer’s instructions with such counterparties and correspondent brokers are dependent on their respective due performance of their obligations. The insolvency or default of such counterparties and correspondent brokers may lead to positions being liquidated or closed out without the Customer’s consent and/or may result in difficulties in recovering your monies and assets held overseas. POLITICAL, SOCIAL AND ECONOMIC DEVELOPMENTS Global markets are influenced by the political, economic and social developments in the foreign jurisdiction, which may be uncertain and may increase the risk of investing in global investment products. EXECUTED for and on behalf of the Parties INITIALLED/ ACCEPTED by INVESTOR ) SCHEDULE 6 ACCREDITED INVESTOR OPT-IN STATEMENT As an Accredited Investor, you have the option to opt to not be treated as such, but if you opt not to be treated as an Accredited Investor, we will not be able to provide to you the offerings available only to Accredited Investors who have consented to be treated as such. Based on your declarations, and information provided to us, and our own “Customer Knowledge and Assessment” checks, we have assessed you to be an Accredited Investor. You may consent to being treated by as an Accredited Investor for the purposes for all of the consent provisions as defined below. Even if you consent to be treated as an Accredited Investor, you may at any time withdraw your consent by sending an email to us at the email address specified in Clause 20 of the Agreement or any other email address that we may specify on the Platform, and we will cease to treat you as an Accredited Investor after 30 business days, or such later time as is necessary to adjust your Portfolio to suit your amended status (but in any case not longer than 3 months).
Counterparty and correspondent broker risks. Transactions on overseas exchanges or overseas markets are generally affected by the Customer’s local broker through the use of foreign brokers who have trading and/or clearing rights on those exchanges. All transactions that are executed upon the Customer’s instructions with such counterparties and correspondent brokers are dependent on their respective due performance of their obligations. The insolvency or default of such counterparties and correspondent brokers may lead to positions being liquidated or closed out without the Customer’s consent and/or may result in difficulties in recovering your monies and assets held overseas. POLITICAL, SOCIAL AND ECONOMIC DEVELOPMENTS Global markets are influenced by the political, economic and social developments in the foreign jurisdiction, which may be uncertain and may increase the risk of investing in global investment products. CYBERSECURITY RISK
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