Execution Services. Unless directed by Client in writing, Adviser may establish, maintain, and deal through accounts with one or more securities brokerage firm(s) as the Adviser may select to effect purchases or sales of securities as agent for the Account including those brokerage firms that from time to time may furnish to the Adviser “brokerage and research services” (within the meaning of Section 28(e) of the Securities Exchange Act of 1934, as amended). In selecting broker-dealers, Adviser may consider investment and market information, and other research, such as economic, securities and performance measurement research provided by such broker-dealers and the quality and reliability of brokerage services, including execution capability, performance and financial responsibility, as well as price. Client acknowledges and agrees that under some circumstances the broker-dealer compensation Adviser pays may exceed the compensation that could be obtained from another broker or dealer, particularly if such other broker or dealer does not furnish research or other services to Adviser. Client acknowledges and agrees that Adviser may aggregate orders with other clients consistent with its duties of best execution and understands and agrees that the costs for any individual account, including the Account, may not be reduced because of allocation procedures such as aggregate share pricing. Adviser shall instruct all brokers and dealers executing orders on behalf of the Account to forward to Adviser, custodian, and/or trustee copies of all confirmations promptly after execution of transactions. Adviser shall not be responsible for any loss incurred by reason of any act or omission of any broker or dealer or Account custodian. Adviser will also issue such instructions to the Account custodian or trustee as Adviser may deem appropriate in connection with the settlement of portfolio transactions. Adviser’s instructions shall be made orally and confirmed in writing sent by first-class mail as soon as practicable thereafter. Adviser is not authorized to direct delivery of securities or payment to Adviser or to direct any disposition of securities or cash from the Account except to the Client or brokers and dealers in settlement of security purchases and sales. Client agrees and understands that directing Adviser to place orders with a specific broker-dealer will result in Adviser not exercising discretion in selecting other broker-dealers on a trade-by-trade basis. Thus, Client may not r...
Execution Services. You authorize Sponsor, as introducing broker, to effect purchase and sale transactions in your Account on an agency basis through AEIS. You understand that the negotiated Wrap Fee for each Account covers brokerage commissions on transactions effected on an agency basis by Sponsor through AEIS. You understand and acknowledge that your direction to Sponsor to trade through AEIS may result in less advantageous execution, including greater spreads (the difference between the bid and the offer price) and less favorable net prices, than if an unaffiliated broker-dealer were to execute the transaction.
Execution Services. The Client agrees that the Bank may place orders for the execution of any Transactions with or through such brokers, dealers or other Agents as the Bank may choose, including Crédit Agricole Corporate and Investment Bank or any Affiliate. In the event a Transaction is made with or through an affiliated broker, dealer or other Agent, the Client authorizes the affiliated broker, dealer or other Agent to retain any commission or compensation earned in effecting the Transaction. The fees and commissions charged by certain brokers and dealers selected by the Bank may exceed the fees and commissions charged by other brokers and dealers for the same services. In these instances, the Bank shall determine in good faith that the fees and commissions are nevertheless reasonable in relation to the value of the brokerage and research services (as defined in Section 28(e)(3) of the Securities Exchange Act of 1934) provided by the broker or dealer. The Client also agrees the Bank may establish and trade in accounts in its name with members of national or regional securities exchanges, and the NASD, including “omnibus” accounts established for the purpose of combining orders for more than one client. The Client acknowledges that the bank frequently may be in position of, buying or selling the same securities for other of its clients at roughly the same time. Because of market fluctuations, the prices obtained on such transactions within a single day may vary substantially. The Client agrees that the bank’s sole obligations in such respect shall be to act in good faith to obtain a “best execution” market price on the particular transaction.
Execution Services. You authorize and direct that all transactions in your Account, except as provided below, be executed by or through MLPF&S or its Affiliates, acting as agent or, to the extent permitted by law, as principal. If we cannot execute a transaction on your behalf, you authorize and direct us to execute the transaction through a broker-dealer that is not an Affiliate of Xxxxxxx Xxxxx. That broker-dealer may act either as agent and charge commissions or act as principal and receive compensation that is in addition to the Program Fee. Principal Transactions If permitted by law, and subject to your consent as described in the Brochure, we or our Affiliates may execute transactions for your Account on a principal basis (that is, when we or our Affiliate sell a security to you, or buy a regarding any legal matters (e.g., bankruptcies and class action lawsuits). Unless we agree otherwise, we will send you any documents we receive regarding those matters. Our Fiduciary Responsibilities MLPF&S and MAA have certain fiduciary responsibilities to you under the Investment Advisers Act for the Account subject to this Agreement. MLPF&S and MAA will be a fiduciary under ERISA or the Code with respect to the Services provided to a client that is a Retirement Account. MLPF&S and MAA each will be an investment manager to the extent you have given MLPF&S or MAA discretion to manage, acquire or dispose of securities or other assets of such Retirement Account. security from you, from or for our own account). Principal transactions may give you access to investment opportunities or trade executions that might not otherwise be available to you. Principal transactions generally may not be effected for a Retirement Account. Investment Adviser Cross Transactions From time to time, we or our Affiliate may cause your Account to engage in a transaction for the purchase or sale of a security with another investment advisory client, in accordance with applicable law. Such a transaction would be entered into only when the transaction is determined to be in the best interest of each client, and no compensation would be received in connection with the transaction. Agency Cross Transactions You give us permission to engage in agency cross transactions for your Account, except where prohibited by law. You may revoke your consent at any time by notifying us in writing. An agency cross transaction occurs when we or our Affiliate acts as agent for both buyer and seller in a transaction for yo...
Execution Services. Investment Advisor will use the execution services of such broker-dealers as it may select from time to time, which will be entitled to compensation for their services, to effect transactions for the purchase and/or sale of securities and other investments by the Account. In connection with transactions effected for the Account, Client authorizes Investment Advisor to establish and trade in accounts in its or the name of the Account with members of national or regional securities exchanges and the National Association of Securities Dealers Inc., including "omnibus" accounts established for the purpose of combining orders for more than one client. In selecting brokers through which transactions for client accounts will be executed, Investment Advisor's primary consideration will be the broker's ability to provide best execution of trades. In making a decision about best execution (and subject to section 28(e) of the Securities Exchange Act of 1934, as amended), Investment Advisor may consider a number of factors including, but not limited to, trade price and commission, quality of research and computerized statistical services the broker may provide. The commission rates paid to any broker for execution of transactions will be determined through negotiations with the broker, taking into account industry norms for the size and type of transaction, and the nature of brokerage and research services provided. Such research services may include, but not be limited to, analysis and reports concerning economic factors and trends, industries, specific securities, and portfolio strategies. Research services furnished by brokers will generally be used in connection with all Investment Advisor's advisory accounts, although not all such services may be used with any particular account that paid commissions to the brokers providing such services.
Execution Services. You authorize and direct that all transactions in your Account, except as provided below, be executed by or through MLPF&S or its Affiliates, acting as agent or, to the extent permitted by law, as principal. If we cannot execute a transaction on your behalf, you authorize and direct us to execute the transaction through a broker-dealer that is not an Affiliate of Xxxxxxx Xxxxx. That broker-dealer may act either as agent and charge commissions or act as principal and receive compensation that is in addition to the Program Fee. Principal Transactions If permitted by law, and subject to your consent as described in the Brochure, we or our Affiliates may execute transactions for your Account on a principal basis (that is, when we or our Affiliate sell a security to you, or buy a transaction for your Account. Since these entities generally will receive compensation from each party to an agency cross transaction, there is a conflict between our responsibilities and loyalties to you and to the other party to the transaction. Aggregation of Orders We may, but are not required to, aggregate orders for the sale or purchase of securities for your Account with orders for the same security for our other clients, proprietary accounts, or the accounts of our employees and/or our Affiliates. Each account participating in an aggregated transaction will be charged or credited with the average price and, when applicable, its pro rata share of any fees.
Execution Services. As its agent, Client authorizes Introducing Firm or Introducing Firm's agent to process all transactions for the Account. Introducing Firm will not assess or collect from Client any transaction fee upon the purchase or redemption of any Eligible mutual fund shares, however, mutual funds may directly assess redemption fees as stated in a fund's prospectus.
Execution Services. Listed Equities (NYSE & AMEX) Automated Market Orders < 2099 Shares All Other Market Orders > 2099 Shares Limit Orders Listed Equities (Regional Exchanges): Market Orders < 5099 Shares All Other Orders Pershing Preferred List of Specialist Stocks OTC Equities Options Equity and Index Debt and Currency Listed Corporate Bonds
Execution Services. From and after the ------------------ Closing, and for such time as Buyer elects to use the execution and trading desk services (including listed, agency OTC and NASDAQ transactions, equities and options block trading, and related clerical functions) currently provided by or through JWGFC or Seller for or relating to the Company, JWGFC shall provide directly or otherwise make available the same to Buyer and the Company.
Execution Services. Client authorizes First Clearing to process all purchase, transfer, exchange, and redemption orders for shares of mutual funds for the Account. Except as specifically described in this Agreement, First Clearing will not assess or collect from Introducing Firm any transaction fee upon the purchase or redemption of any CustomChoice Funds' shares; however, mutual funds may directly assess redemption fees as stated in a fund's prospectus.
