Common use of Individual management of the client’s portfolio Clause in Contracts

Individual management of the client’s portfolio. The possible situations of the conflict of interest may arise: ▪ between the client of the Company and the Company/person related to the Company, when the Company takes the decision to conclude the deals in the name of the client and for each such deal it retains from the Client the commission for the fulfilment of the order, and the person related to the Company pursues the interest to increase commission income received in such way, and the Company is interested to increase the variable part of the remuneration, that is dependent on the given commission income.

Appears in 2 contracts

Samples: Client’s Financial Instruments Portfolio Individual Management Agreement, Client’s Financial Instruments Portfolio Individual Management Agreement

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Individual management of the client’s portfolio. The possible situations of the conflict of interest may arise: between the client of the Company and the Company/person related to the Company, when the Company takes the decision to conclude the deals in the name of the client and for each such deal it retains from the Client the commission for the fulfilment of the order, and the person related to the Company pursues the interest to increase commission income received in such way, and the Company is interested to increase the variable part of the remuneration, that is dependent on the given commission income.

Appears in 2 contracts

Samples: Client’s Financial Instruments Portfolio Individual Management Agreement, Client’s Financial Instruments Portfolio Individual Management Agreement

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