Common use of FOREIGN ACCOUNTS Clause in Contracts

FOREIGN ACCOUNTS. Customers not residing in the United States ("Foreign Accounts") may be asked to comply with requests for special information by Direct Trading Technologies Ltd as required by any governmental unit or regulatory agency. This includes, but is not limited to, special calls for information. In the event of a special call for information, Direct Trading Technologies Ltd or its agent shall be required to obtain the information set forth by any governmental unit or regulatory agency requesting information. In addition, failure to respond to a special call may cause transactions to be prohibited (other than offsetting trades) for Customer. Foreign Accounts are required to provide a copy of a valid government issued photo ID. The ID must include: 1.) Name; 2.) ID number; 3.) Date of birth; and 4.) address. This will be accepted as a single form of identification for account opening purposes. If the government issued photo ID does not contain an address or other required criteria, separate documents will be required. Please notice that no withdrawals of Customer's funds will be processed unless identity verification documents have been properly received and approved by Direct Trading Technologies Ltd Trades executed online will be confirmed online at the time of the trade and trades entered into by telephone 'when available' will be confirmed verbally and online by 17:00 CET on the day of execution. Reports of the confirmation of orders and statements of Accounts for Customer shall be deemed correct and shall be conclusive and binding upon Customer the sooner of: (x) two (2) Business Days after transmittal to Customer by posted mail; or (y) immediately with respect to Orders confirmed via the Direct Trading Technologies Ltd Online Trading System or MetaTrader Online Trading System. Customer may object to confirmations and statements by telephone 'when available' within the time frames identified above, but any such objection must be confirmed by e-mail to xxxx@xxxxxxxxx.xxx or in writing within three (3) Business Days thereafter to Direct Trading Technologies Ltd Operations Group at Govant Building, BP 1276, Port Villa, Vanuatu (which confirmation shall be deemed received only if actually delivered or mailed by registered mail, return receipt requested to Direct Trading Technologies Ltd at such address). Failure to object shall be deemed ratification by Customer of all actions taken by Direct Trading Technologies Ltd or Direct Trading Technologies Ltd's agents prior to Customer's receipt of such reports. Customer's failure to receive a trade confirmation shall not relieve Customer of the obligation to object as set out herein. Customer agrees to immediately call to Direct Trading Technologies Ltd's attention any oral information within 24 hours that Customer has reason to believe is inconsistent with Customer's own information. Customer understands, acknowledges and agrees that errors, whether resulting in a profit or loss to Customer, shall be corrected, and Customer's Account will be credited or debited in such manner and extent as to place Customer's Account in the same position in which it would have been had the error not occurred.

FOREIGN ACCOUNTS. Customers not residing in the United States ("Foreign Accounts") may be asked to comply with requests for special information by Direct Trading Technologies UK Ltd as required by any governmental unit or regulatory agency. This includes, but is not limited to, special calls for information. In the event of a special call for information, Direct Trading Technologies UK Ltd or its agent shall be required to obtain the information set forth by any governmental unit or regulatory agency requesting information. In addition, failure to respond to a special call may cause transactions to be prohibited (other than offsetting trades) for Customer. Foreign Accounts are required to provide a copy of a valid government issued photo ID. The ID must include: 1.) Name; 2.) ID number; 3.) Date of birth; and 4.) address. This will be accepted as a single form of identification for account opening purposes. If the government issued photo ID does not contain an address or other required criteria, separate documents will be required. Please notice that no withdrawals of Customer's funds will be processed unless identity verification documents have been properly received and approved by Direct Trading Technologies UK Ltd Trades executed online will be confirmed online at the time of the trade and trades entered into by telephone 'when available' will be confirmed verbally and online by 17:00 CET on the day of execution. Reports of the confirmation of orders and statements of Accounts for Customer shall be deemed correct and shall be conclusive and binding upon Customer the sooner of: (x) two (2) Business Days after transmittal to Customer by posted mail; or (y) immediately with respect to Orders confirmed via the Direct Trading Technologies UK Ltd Online Trading System or MetaTrader DTT SHARES Online Trading System. Customer may object to confirmations and statements by telephone 'when available' within the time frames identified above, but any such objection must be confirmed by e-mail to xxxx@xxxxxxxxx.xxx or in writing within three (3) Business Days thereafter to Direct Trading Technologies UK Ltd Operations Group at Govant Building00 Xxxxxx Xxxxxx, BP 1276City of London EC4N 6AE, Port Villa, Vanuatu United Kingdom. (which confirmation shall be deemed received only if actually delivered or mailed by registered mail, return receipt requested to Direct Trading Technologies UK Ltd at such address). Failure to object shall be deemed ratification by Customer of all actions taken by Direct Trading Technologies UK Ltd or Direct Trading Technologies UK Ltd's agents prior to Customer's receipt of such reports. Customer's failure to receive a trade confirmation shall not relieve Customer of the obligation to object as set out herein. Customer agrees to immediately call to Direct Trading Technologies UK Ltd's attention any oral information within 24 hours that Customer has reason to believe is inconsistent with Customer's own information. Customer understands, acknowledges and agrees that errors, whether resulting in a profit or loss to Customer, shall be corrected, and Customer's Account will be credited or debited in such manner and extent as to place Customer's Account in the same position in which it would have been had the error not occurred.