Common use of Discretionary Authority Clause in Contracts

Discretionary Authority. 5.1 The Introducer represents and warrants that the provision of Discretionary Services by the Introducer to its customers will not violate any law, regulation, ordinance, charter, by-law or rule applicable to the Introducer or to the jurisdiction in which the Introducer or its customer is resident, and shall be provided at the absolute discretion of Pure Market. 5.2 If permitted by applicable law, the Introducer represents and warrants that it will not provide any Discretionary Services, nor will the Introducer permit any of the Introducer’s employees or consultants to exercise any Discretionary Services over the customers’ accounts, without first obtaining a signed power of attorney or trading authorisation from the customer and approval from the Company and or Companies (whichever is applicable). 5.3 Without limiting the Introducer’s compliance with clause 5.1, before performing any Discretionary Services for a Prospective Customer or an Existing Customer, the Introducer shall disclose to the customer in writing that: 5.3.1 the Discretionary Services are provided by the Introducer, not by the Company; 5.3.3 Pure Market bears no responsibility for the profitability of, and shall not be liable for any losses, costs, expenses or damages suffered by the customer arising from, Discretionary Services, advice, information or recommendations provided by the Introducer to the customer; 5.3.4 Margin Trading carries a high degree of risk to the customer’s capital and it is possible to lose more than the customer’s initial investment; 5.3.5 the customer should not engage in Margin Trading and enter into Discretionary Services agreement with the Introducer unless the customer understands all the risk and other significant aspects involved in dealing in such products and the true extent of the customer’s exposure to the risk of loss; 5.3.6 Margin Trading may not be suitable for all investors, therefore if the customer does not fully understand the risks involved, the customer should seek independent advice; 5.3.7 past performance does not guarantee future results; and 5.3.8 Pure Market reserves the right, in its sole discretion and whenever it deems so necessary or appropriate and for any cause whatsoever, to terminate the relationship and agreement with immediate effect and/or to refuse any Discretionary Services.

Appears in 3 contracts

Samples: Introducing Broker Agreement, Introducing Broker Agreement, Introducing Broker Agreement

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Discretionary Authority. 5.1 3.1 The Introducer IB represents and warrants that the provision of Discretionary Services by the Introducer IB to its customers will not violate any law, regulation, ordinance, charter, by-law or rule applicable to the Introducer IB or to the jurisdiction in which the Introducer IB or its customer is resident, and shall be provided at the absolute discretion of Pure Market. 5.2 If permitted by applicable law, the Introducer 3.2 The IB represents and warrants that it will not provide any Discretionary Services, nor will the Introducer IB permit any of the IntroducerIB’s employees or consultants to exercise any Discretionary Services over the customers’ accounts, without first obtaining a signed power of attorney or trading authorisation authorization (LPOA) from the customer customer. Furthermore, the IB agrees that, in the absence of a valid power of attorney or acceptable trading authorization, every action taken on behalf of customers’ accounts will be expressly authorized by the customers and approval from the Company and that authorizations to place/modify/delete Orders or Companies (whichever is applicable)open/close positions will be electronically recorded prior to transmission to ZAINFXFINCROP LTD. 5.3 3.3 Without limiting the IntroducerIB’s compliance with clause 5.13.1, before performing any Discretionary Services for a Prospective Customer or an Existing Customer, the Introducer IB shall disclose to the customer in writing that: 5.3.1 3.3.1 the IB is not an Affiliate of ZAINFXFINCROP LTD; 3.3.2 the Discretionary Services are provided by the IntroducerIB, not by the CompanyZAINFXFINCROP LTD; 5.3.3 Pure Market bears no responsibility 3.3.3 ZAINFXFINCROP LTD shall not be responsible for the profitability of, and shall not be liable for any losses, costs, expenses or damages suffered by the customer arising from, Discretionary Services, advice, information or recommendations provided by the Introducer IB to the customer; 5.3.4 3.3.4 Margin Trading carries a high degree of risk to the customer’s capital and it is possible to lose more than the customer’s initial investment;. 5.3.5 3.3.5 the customer should not engage in Margin Trading and enter into Discretionary Services agreement with the Introducer IB unless the customer understands all the risk and other significant aspects involved in dealing in such products and the true extent of the customer’s exposure to the risk of loss; 5.3.6 3.3.6 Margin Trading may not be suitable for all investors, therefore if the customer does not fully understand the risks involved, the customer should seek independent advice; 5.3.7 past 3.3.7 Past performance does not guarantee future results; and 5.3.8 Pure Market reserves the right, in its sole discretion and whenever it deems so necessary or appropriate and for any cause whatsoever, to terminate the relationship and agreement with immediate effect and/or to refuse any Discretionary Services.

Appears in 1 contract

Samples: Introducing Broker Agreement

Discretionary Authority. 5.1 The Introducer represents and warrants that the provision of Discretionary Services by the Introducer to its customers will not violate any law, regulation, ordinance, charter, by-law or rule applicable to the Introducer or to the jurisdiction in which the Introducer or its customer is resident, and shall be provided at the absolute discretion of Pure MarketAvantgarde FX . 5.2 If permitted by applicable law, the Introducer represents and warrants that it will not provide any Discretionary Services, nor will the Introducer permit any of the Introducer’s employees or consultants to exercise any Discretionary Services over the customers’ accounts, without first obtaining a signed power of attorney or trading authorisation from the customer and approval from the Company and or Companies (whichever is applicable). 5.3 Without limiting the Introducer’s compliance with clause 5.1, before performing any Discretionary Services for a Prospective Customer or an Existing Customer, the Introducer shall disclose to the customer in writing that: 5.3.1 the Discretionary Services are provided by the Introducer, not by the Company; 5.3.3 Pure Market Avantgarde FX bears no responsibility for the profitability of, and shall not be liable for any losses, costs, expenses or damages suffered by the customer arising from, Discretionary Services, advice, information or recommendations provided by the Introducer to the customer; 5.3.4 Margin Trading carries a high degree of risk to the customer’s capital and it is possible to lose more than the customer’s initial investment; 5.3.5 the customer should not engage in Margin Trading and enter into Discretionary Services agreement with the Introducer unless the customer understands all the risk and other significant aspects involved in dealing in such products and the true extent of the customer’s exposure to the risk of loss; 5.3.6 Margin Trading may not be suitable for all investors, therefore if the customer does not fully understand the risks involved, the customer should seek independent advice; 5.3.7 past performance does not guarantee future results; and 5.3.8 Pure Market Avantgarde FX reserves the right, in its sole discretion and whenever it deems so necessary or appropriate and for any cause whatsoever, to terminate the relationship and agreement with immediate effect and/or to refuse any Discretionary Services.with

Appears in 1 contract

Samples: Introducing Broker Agreement

Discretionary Authority. 5.1 The Introducer represents and warrants that the provision of Discretionary Services by the Introducer to its customers will not violate any law, regulation, ordinance, charter, by-law or rule applicable to the Introducer or to the jurisdiction in which the Introducer or its customer is resident, and shall be provided at the absolute discretion of Pure Future Market. 5.2 If permitted by applicable law, the Introducer represents and warrants that it will not provide any Discretionary Services, nor will the Introducer permit any of the Introducer’s employees or consultants to exercise any Discretionary Services over the customers’ accounts, without first obtaining a signed power of attorney or trading authorisation from the customer and approval from the Company and or Companies (whichever is applicable). 5.3 Without limiting the Introducer’s compliance with clause 5.1, before performing any Discretionary Services for a Prospective Customer or an Existing Customer, the Introducer shall disclose to the customer in writing that: 5.3.1 the Discretionary Services are provided by the Introducer, not by the Company; 5.3.3 Pure Future Market bears no responsibility for the profitability of, and shall not be liable for any losses, costs, expenses or damages suffered by the customer arising from, Discretionary Services, advice, information or recommendations provided by the Introducer to the customer; 5.3.4 Margin Trading carries a high degree of risk to the customer’s capital and it is possible to lose more than the customer’s initial investment; 5.3.5 the customer should not engage in Margin Trading and enter into Discretionary Services agreement with the Introducer unless the customer understands all the risk and other significant aspects involved in dealing in such products and the true extent of the customer’s exposure to the risk of loss; 5.3.6 Margin Trading may not be suitable for all investors, therefore if the customer does not fully understand the risks involved, the customer should seek independent advice; 5.3.7 past performance does not guarantee future results; and 5.3.8 Pure Future Market reserves the right, in its sole discretion and whenever it deems so necessary or appropriate and for any cause whatsoever, to terminate the relationship and agreement with immediate effect and/or to refuse any Discretionary Services.with

Appears in 1 contract

Samples: Introducing Broker Agreement

Discretionary Authority. 5.1 3.1 The Introducer IB represents and warrants that the provision of Discretionary Services by the Introducer IB to its customers will not violate any law, regulation, ordinance, charter, by-law or rule applicable to the Introducer IB or to the jurisdiction in which the Introducer IB or its customer is resident, and shall be provided at the absolute discretion of Pure Market. 5.2 If permitted by applicable law, the Introducer 3.2 The IB represents and warrants that it will not provide any Discretionary Services, nor will the Introducer IB permit any of the IntroducerIB’s employees or consultants to exercise any Discretionary Services over the customers’ accounts, without first obtaining a signed power of attorney or trading authorisation authorization (LPOA) from the customer customer. Furthermore, the IB agrees that, in the absence of a valid power of attorney or acceptable trading authorization, every action taken on behalf of customers’ accounts will be expressly authorized by the customers and approval from the Company and that authorizations to place/modify/delete Orders or Companies (whichever is applicable)open/close positions will be electronically recorded prior to transmission to THE WALL STREETS. 5.3 3.3 Without limiting the IntroducerIB’s compliance with clause 5.13.1, before performing any Discretionary Services for a Prospective Customer or an Existing Customer, the Introducer IB shall disclose to the customer in writing that: 5.3.1 3.3.1 the IB is not an Affiliate of THE WALL STREETS; 3.3.2 the Discretionary Services are provided by the IntroducerIB, not by the CompanyTHE WALL STREETS; 5.3.3 Pure Market bears no responsibility 3.3.3 THE WALL STREETS shall not be responsible for the profitability of, and shall not be liable for any losses, costs, expenses or damages suffered by the customer arising from, Discretionary Services, advice, information or recommendations provided by the Introducer IB to the customer; 5.3.4 3.3.4 Margin Trading carries a high degree of risk to the customer’s capital and it is possible to lose more than the customer’s initial investment;. 5.3.5 3.3.5 the customer should not engage in Margin Trading and enter into Discretionary Services agreement with the Introducer IB unless the customer understands all the risk and other significant aspects involved in dealing in such products and the true extent of the customer’s exposure to the risk of loss; 5.3.6 3.3.6 Margin Trading may not be suitable for all investors, therefore if the customer does not fully understand the risks involved, the customer should seek independent advice; 5.3.7 past 3.3.7 Past performance does not guarantee future results; and 5.3.8 Pure Market reserves the right, in its sole discretion and whenever it deems so necessary or appropriate and for any cause whatsoever, to terminate the relationship and agreement with immediate effect and/or to refuse any Discretionary Services.

Appears in 1 contract

Samples: Introducing Broker Agreement

Discretionary Authority. 5.1 The Introducer represents and warrants that the provision of Discretionary Services by the Introducer to its customers will not violate any law, regulation, ordinance, charter, by-law or rule applicable to the Introducer or to the jurisdiction in which the Introducer or its customer is resident, and shall be provided at the absolute discretion of Pure Real Market. 5.2 If permitted by applicable law, the Introducer represents and warrants that it will not provide any Discretionary Services, nor will the Introducer permit any of the Introducer’s employees or consultants to exercise any Discretionary Services over the customers’ accounts, without first obtaining a signed power of attorney or trading authorisation from the customer and approval from the Company and or Companies (whichever is applicable). 5.3 Without limiting the Introducer’s compliance with clause 5.1, before performing any Discretionary Services for a Prospective Customer or an Existing Customer, the Introducer shall disclose to the customer in writing that: 5.3.1 the Discretionary Services are provided by the Introducer, not by the Company; 5.3.3 Pure Real Market bears no responsibility for the profitability of, and shall not be liable for any losses, costs, expenses or damages suffered by the customer arising from, Discretionary Services, advice, information or recommendations provided by the Introducer to the customer; 5.3.4 Margin Trading carries a high degree of risk to the customer’s capital and it is possible to lose more than the customer’s initial investment; 5.3.5 the customer should not engage in Margin Trading and enter into Discretionary Services agreement with the Introducer unless the customer understands all the risk and other significant aspects involved in dealing in such products and the true extent of the customer’s exposure to the risk of loss; 5.3.6 Margin Trading may not be suitable for all investors, therefore if the customer does not fully understand the risks involved, the customer should seek independent advice; 5.3.7 past performance does not guarantee future results; and 5.3.8 Pure Real Market reserves the right, in its sole discretion and whenever it deems so necessary or appropriate and for any cause whatsoever, to terminate the relationship and agreement with immediate effect and/or to refuse any Discretionary Services.

Appears in 1 contract

Samples: Introducing Broker Agreement

Discretionary Authority. 5.1 The Introducer represents and warrants that the provision of Discretionary Services by the Introducer to its customers will not violate any law, regulation, ordinance, charter, by-law or rule applicable to the Introducer or to the jurisdiction in which the Introducer or its customer is resident, and shall be provided at the absolute discretion of Pure MarketPro Trade Brokers. 5.2 If permitted by applicable law, the Introducer represents and warrants that it will not provide any Discretionary Services, nor will the Introducer permit any of the Introducer’s employees or consultants to exercise any Discretionary Services over the customers’ accounts, without first obtaining a signed power of attorney or trading authorisation from the customer and approval from the Company and or Companies (whichever is applicable). 5.3 Without limiting the Introducer’s compliance with clause 5.1, before performing any Discretionary Services for a Prospective Customer or an Existing Customer, the Introducer shall disclose to the customer in writing that: 5.3.1 the Discretionary Services are provided by the Introducer, not by the Company; 5.3.3 Pure Market Pro Trade Brokers bears no responsibility for the profitability of, and shall not be liable for any losses, costs, expenses or damages suffered by the customer arising from, Discretionary Services, advice, information or recommendations provided by the Introducer to the customer; 5.3.4 Margin Trading carries a high degree of risk to the customer’s capital and it is possible to lose more than the customer’s initial investment; 5.3.5 the customer should not engage in Margin Trading and enter into Discretionary Services agreement with the Introducer unless the customer understands all the risk and other significant aspects involved in dealing in such products and the true extent of the customer’s exposure to the risk of loss; 5.3.6 Margin Trading may not be suitable for all investors, therefore if the customer does not fully understand the risks involved, the customer should seek independent advice; 5.3.7 past performance does not guarantee future results; and 5.3.8 Pure Market Pro Trade Brokers reserves the right, in its sole discretion and whenever it deems so necessary or appropriate and for any cause whatsoever, to terminate the relationship and agreement with immediate effect and/or to refuse any Discretionary Services.

Appears in 1 contract

Samples: Introducing Broker Agreement

Discretionary Authority. 5.1 The Introducer represents and warrants that the provision of Discretionary Services by the Introducer to its customers will not violate any law, regulation, ordinance, charter, by-law or rule applicable to the Introducer or to the jurisdiction in which the Introducer or its customer is resident, and shall be provided at the absolute discretion of Pure Real Market. 5.2 If permitted by applicable law, the Introducer represents and warrants that it will not provide any Discretionary Services, nor will the Introducer permit any of the Introducer’s employees or consultants to exercise any Discretionary Services over the customers’ accounts, without first obtaining a signed power of attorney or trading authorisation from the customer and approval from the Company and or Companies (whichever is applicable). 5.3 Without limiting the Introducer’s compliance with clause 5.1, before performing any Discretionary Services for a Prospective Customer or an Existing Customer, the Introducer shall disclose to the customer in writing that: 5.3.1 the Discretionary Services are provided by the Introducer, not by the Company; 5.3.3 Pure Real Market bears no responsibility for the profitability of, and shall not be liable for any losses, costs, expenses or damages suffered by the customer arising from, Discretionary Services, advice, information or recommendations provided by the Introducer to the customer; 5.3.4 Margin Trading carries a high degree of risk to the customer’s capital and it is possible to lose more than the customer’s initial investment; 5.3.5 the customer should not engage in Margin Trading and enter into Discretionary Services agreement with the Introducer unless the customer understands all the risk and other significant aspects involved in dealing in such products and the true extent of the customer’s exposure to the risk of loss; 5.3.6 Margin Trading may not be suitable for all investors, therefore if the customer does not fully understand the risks involved, the customer should seek independent advice; 5.3.7 past performance does not guarantee future results; and 5.3.8 Pure Real Market reserves the right, in its sole discretion and whenever it deems so necessary or appropriate and for any cause whatsoever, to terminate the relationship and agreement with immediate effect and/or to refuse any Discretionary Services.with

Appears in 1 contract

Samples: Introducing Broker Agreement

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Discretionary Authority. 5.1 3.1 The Introducer IB represents and warrants that the provision of Discretionary Services by the Introducer IB to its customers will not violate any law, regulation, ordinance, charter, by-law or rule applicable to the Introducer IB or to the jurisdiction in which the Introducer IB or its customer is resident, and shall be provided at the absolute discretion of Pure Market. 5.2 If permitted by applicable law, the Introducer 3.2 The IB represents and warrants that it will not provide any Discretionary Services, nor will the Introducer IB permit any of the IntroducerIB’s employees or consultants to exercise any Discretionary Services over the customers’ accounts, without first obtaining a signed power of attorney or trading authorisation authorization (LPOA) from the customer customer. Furthermore, the IB agrees that, in the absence of a valid power of attorney or acceptable trading authorization, every action taken on behalf of customers’ accounts will be expressly authorized by the customers and approval from the Company and that authorizations to place/modify/delete Orders or Companies (whichever is applicable)open/close positions will be electronically recorded prior to transmission to ZTRADESFX. 5.3 3.3 Without limiting the IntroducerIB’s compliance with clause 5.13.1, before performing any Discretionary Services for a Prospective Customer or an Existing Customer, the Introducer IB shall disclose to the customer in writing that: 5.3.1 3.3.1 the IB is not an Affiliate of ZTRADESFX; 3.3.2 the Discretionary Services are provided by the IntroducerIB, not by the CompanyZTRADESFX; 5.3.3 Pure Market bears no responsibility 3.3.3 ZTRADESFX shall not be responsible for the profitability of, and shall not be liable for any losses, costs, expenses or damages suffered by the customer arising from, Discretionary Services, advice, information or recommendations provided by the Introducer IB to the customer; 5.3.4 3.3.4 Margin Trading carries a high degree of risk to the customer’s capital and it is possible to lose more than the customer’s initial investment;. 5.3.5 3.3.5 the customer should not engage in Margin Trading and enter into Discretionary Services agreement with the Introducer IB unless the customer understands all the risk and other significant aspects involved in dealing in such products and the true extent of the customer’s exposure to the risk of loss; 5.3.6 3.3.6 Margin Trading may not be suitable for all investors, therefore if the customer does not fully understand the risks involved, the customer should seek independent advice; 5.3.7 past 3.3.7 Past performance does not guarantee future results; and 5.3.8 Pure Market reserves the right, in its sole discretion and whenever it deems so necessary or appropriate and for any cause whatsoever, to terminate the relationship and agreement with immediate effect and/or to refuse any Discretionary Services.

Appears in 1 contract

Samples: Introducing Broker Agreement

Discretionary Authority. 5.1 3.1 The Introducer IB represents and warrants that the provision of Discretionary Services by the Introducer IB to its customers will not violate any law, regulation, ordinance, charter, by-law or rule applicable to the Introducer IB or to the jurisdiction in which the Introducer IB or its customer is resident, and shall be provided at the absolute discretion of Pure Market. 5.2 If permitted by applicable law, the Introducer 3.2 The IB represents and warrants that it will not provide any Discretionary Services, nor will the Introducer IB permit any of the IntroducerIB’s employees or consultants to exercise any Discretionary Services over the customers’ accounts, without first obtaining a signed power of attorney or trading authorisation authorization (LPOA) from the customer customer. Furthermore, the IB agrees that, in the absence of a valid power of attorney or acceptable trading authorization, every action taken on behalf of customers’ accounts will be expressly authorized by the customers and approval from the Company and that authorizations to place/modify/delete Orders or Companies (whichever is applicable)open/close positions will be electronically recorded prior to transmission to ZAINFXM. 5.3 3.3 Without limiting the IntroducerIB’s compliance with clause 5.13.1, before performing any Discretionary Services for a Prospective Customer or an Existing Customer, the Introducer IB shall disclose to the customer in writing that: 5.3.1 3.3.1 the IB is not an Affiliate of ZAINFXM; 3.3.2 the Discretionary Services are provided by the IntroducerIB, not by the CompanyZAINFXM; 5.3.3 Pure Market bears no responsibility 3.3.3 ZAINFXM shall not be responsible for the profitability of, and shall not be liable for any losses, costs, expenses or damages suffered by the customer arising from, Discretionary Services, advice, information or recommendations provided by the Introducer IB to the customer; 5.3.4 3.3.4 Margin Trading carries a high degree of risk to the customer’s capital and it is possible to lose more than the customer’s initial investment;. 5.3.5 3.3.5 the customer should not engage in Margin Trading and enter into Discretionary Services agreement with the Introducer IB unless the customer understands all the risk and other significant aspects involved in dealing in such products and the true extent of the customer’s exposure to the risk of loss; 5.3.6 3.3.6 Margin Trading may not be suitable for all investors, therefore if the customer does not fully understand the risks involved, the customer should seek independent advice; 5.3.7 past 3.3.7 Past performance does not guarantee future results; and 5.3.8 Pure Market reserves the right, in its sole discretion and whenever it deems so necessary or appropriate and for any cause whatsoever, to terminate the relationship and agreement with immediate effect and/or to refuse any Discretionary Services.

Appears in 1 contract

Samples: Introducing Broker Agreement

Discretionary Authority. 5.1 The Introducer represents and warrants that the provision of Discretionary Services by the Introducer to its customers will not violate any law, regulation, ordinance, charter, by-law or rule applicable to the Introducer or to the jurisdiction in which the Introducer or its customer is resident, and shall be provided at the absolute discretion of Pure Ascend Market. 5.2 If permitted by applicable law, the Introducer represents and warrants that it will not provide any Discretionary Services, nor will the Introducer permit any of the Introducer’s employees or consultants to exercise any Discretionary Services over the customers’ accounts, without first obtaining a signed power of attorney or trading authorisation from the customer and approval from the Company and or Companies (whichever is applicable). 5.3 Without limiting the Introducer’s compliance with clause 5.1, before performing any Discretionary Services for a Prospective Customer or an Existing Customer, the Introducer shall disclose to the customer in writing that: 5.3.1 the Discretionary Services are provided by the Introducer, not by the Company; 5.3.3 Pure Ascend Market bears no responsibility for the profitability of, and shall not be liable for any losses, costs, expenses or damages suffered by the customer arising from, Discretionary Services, advice, information or recommendations provided by the Introducer to the customer; 5.3.4 Margin Trading carries a high degree of risk to the customer’s capital and it is possible to lose more than the customer’s initial investment; 5.3.5 the customer should not engage in Margin Trading and enter into Discretionary Services agreement with the Introducer unless the customer understands all the risk and other significant aspects involved in dealing in such products and the true extent of the customer’s exposure to the risk of loss; 5.3.6 Margin Trading may not be suitable for all investors, therefore if the customer does not fully understand the risks involved, the customer should seek independent advice; 5.3.7 past performance does not guarantee future results; and 5.3.8 Pure Ascend Market reserves the right, in its sole discretion and whenever it deems so necessary or appropriate and for any cause whatsoever, to terminate the relationship and agreement with immediate effect and/or to refuse any Discretionary Services.

Appears in 1 contract

Samples: Introducer Agreement

Discretionary Authority. 5.1 3.1 The Introducer IB represents and warrants that the provision of Discretionary Services by the Introducer IB to its customers will not violate any law, regulation, ordinance, charter, by-law or rule applicable to the Introducer IB or to the jurisdiction in which the Introducer IB or its customer is resident, and shall be provided at the absolute discretion of Pure Market. 5.2 If permitted by applicable law, the Introducer 3.2 The IB represents and warrants that it will not provide any Discretionary Services, nor will the Introducer IB permit any of the IntroducerIB’s employees or consultants to exercise any Discretionary Services over the customers’ accounts, without first obtaining a signed power of attorney or trading authorisation authorization (LPOA) from the customer customer. Furthermore, the IB agrees that, in the absence of a valid power of attorney or acceptable trading authorization, every action taken on behalf of customers’ accounts will be expressly authorized by the customers and approval from the Company and that authorizations to place/modify/delete Orders or Companies (whichever is applicable)open/close positions will be electronically recorded prior to transmission to ALKIMIYA MARKETS. 5.3 3.3 Without limiting the IntroducerIB’s compliance with clause 5.13.1, before performing any Discretionary Services for a Prospective Customer or an Existing Customer, the Introducer IB shall disclose to the customer in writing that: 5.3.1 3.3.1 the IB is not an Affiliate of ALKIMIYA MARKETS; 3.3.2 the Discretionary Services are provided by the IntroducerIB, not by the CompanyALKIMIYA MARKETS; 5.3.3 Pure Market bears no responsibility 3.3.3 ALKIMIYA MARKETS shall not be responsible for the profitability of, and shall not be liable for any losses, costs, expenses or damages suffered by the customer arising from, Discretionary Services, advice, information or recommendations provided by the Introducer IB to the customer; 5.3.4 3.3.4 Margin Trading carries a high degree of risk to the customer’s capital and it is possible to lose more than the customer’s initial investment;. 5.3.5 3.3.5 the customer should not engage in Margin Trading and enter into Discretionary Services agreement with the Introducer IB unless the customer understands all the risk and other significant aspects involved in dealing in such products and the true extent of the customer’s exposure to the risk of loss; 5.3.6 3.3.6 Margin Trading may not be suitable for all investors, therefore if the customer does not fully understand the risks involved, the customer should seek independent advice; 5.3.7 past 3.3.7 Past performance does not guarantee future results; and 5.3.8 Pure Market reserves the right, in its sole discretion and whenever it deems so necessary or appropriate and for any cause whatsoever, to terminate the relationship and agreement with immediate effect and/or to refuse any Discretionary Services.

Appears in 1 contract

Samples: Introducing Broker Agreement

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