Custody of Securities. crypto assets 4.1. The securities acquired by the Customer by partial executions shall be booked into the Customer's custody account maintained with Trade Republic. Crypto assets are held in custody with the respective crypto custodian. 4.2. Distributions as well as dividends shall be credited pro rata for fractions. 4.3. The Customer may sell the financial instruments acquired through the Savings Plan via the Application at any time, but no earlier than on the next trading day following the execution. In the case of fractions, this may take until the second trading day. 4.4. Fractions of registered shares held under the savings plan cannot be registered in the share register. By acquiring further fractions, the Customer may obtain additional whole shares, so that subsequent entry in the share register may be made at the Customer's request. The subsequent registration of whole shares arising from fractions will be carried out on two cut-off dates, two days after the execution date at the beginning and in the middle of the month. 4.5. Trade Republic enables the Customer to participate in corporate actions for fractional securities to the extent feasible. Cash dividends, for example, are paid to the Customer in the ratio of the fraction booked to a share. However, fractions do not participate in certain other corporate actions. The design of corporate actions is the responsibility of the respective issuer. Trade Republic has no influence on this.
Appears in 4 contracts
Samples: Customer Agreement, Online Brokerage Framework Agreement, Customer Agreement
Custody of Securities. crypto assets
4.1. The securities acquired by the Customer by partial executions shall be booked into the Customer's custody account Custody Account maintained with Trade Republic. Crypto assets are held in custody with the respective crypto custodian.
4.2. Distributions as well as dividends shall be credited pro rata for fractions.
4.3. The Customer may sell the financial instruments acquired through the Savings Plan via the Application at any time, but no earlier than on the next trading day following the execution. In the case of fractions, this may take until the second trading day.
4.4. Fractions of registered shares held under the savings plan cannot be registered in the share register. By acquiring further fractions, the Customer may obtain additional whole shares, so that subsequent entry in the share register may be made at the Customer's request. The subsequent registration of whole shares arising from fractions will be carried out on two cut-off dates, two days after the execution date at the beginning and in the middle of the month.
4.5. Trade Republic enables the Customer to participate in corporate actions for fractional securities to the extent feasible. Cash dividends, for example, are paid to the Customer in the ratio of the fraction booked to a share. However, fractions do not participate in certain other corporate actions. The design of corporate actions is the responsibility of the respective issuer. Trade Republic has no influence on this.
Appears in 1 contract
Samples: Customer Agreement