Common use of Firm’s Discretion Clause in Contracts

Firm’s Discretion. The Firm has the full discretion to determine whether or not to accept any order from you for a trade in an Option. The Firm may execute orders for you acting as principal on the other side of a transaction or as part of larger transactions for you and others. The Firm may also act for other clients on the other side of a transaction as we may consider advisable, subject, however, to the rules of the applicable exchange.

Firm’s Discretion. The Firm has the full discretion to determine whether or not to accept any order from you for a trade in an Option. The Firm may execute orders for you acting as principal on the other side of a transaction or as part of larger transactions for you and others. .The Firm may also act for other clients on the other side of a transaction as we may consider advisable, subject, however, to the rules of the applicable exchange.