Common use of Effect of the Agreement Clause in Contracts

Effect of the Agreement. 3.1 This Agreement takes effect when the Client accepts it either by executing a paper version of this Agreement or online on the Website and when the Company confirms to the Client by post or electronic means that the Account has been opened and the Company has accepted the Client.‌ 3.2 Further to paragraph 3.1 should the Client execute a paper version of this Agreement, the Client hereby grants authorization to the Company to complete the online application process on the Client’s behalf. In such cases the online application shall prevail. 3.3 By continuing to place orders with the Company, the Client agrees to continue to be bound by this Agreement, which supersedes all other agreements and terms of business which may previously have been in place between the Parties. 3.4 The Company is not required to (and may be unable to under applicable rules) to accept a prospective client until all documentation required has been received by the Company, properly completed by the Client. 3.5 The Company reserves the right to disable all trading activity on the Account, including the right to automatically close any Open Positions, until all documentation required is properly completed and/or received. 3.6 The Company reserves the right to appoint a Group Company to collect any client documentation it requires to open the Account.

Effect of the Agreement. 3.1 This Agreement takes effect when the Client accepts it either by executing a paper version of this Agreement or online on the Website and when the Company confirms to the Client by post or electronic means that the Account has been opened and the Company has accepted the Client.‌Client. 3.2 Further to paragraph 3.1 should the Client execute a paper version of this Agreement, the Client hereby grants authorization to the Company to complete the online application process on the Client’s behalf. In such cases the online application shall prevail. 3.3 By continuing to place orders with the Company, the Client agrees to continue to be bound by this Agreement, which supersedes all other agreements and terms of business which may previously have been in place between the Parties. 3.4 The Company is not required to (and may be unable to under applicable rules) to accept a prospective client until all documentation required has been received by the Company, properly completed by the Client. 3.5 The Company reserves the right to disable all trading activity on the Account, including the right to automatically close any Open Positions, until all documentation required is properly completed and/or received. 3.6 The Company reserves the right to appoint a Group Company to collect any client documentation it requires to open the Account.