Common use of INTRODUCING BROKER Clause in Contracts

INTRODUCING BROKER. If the Client is referred to Rakuten Securities Australia by an introducing broker, referring party or third party advisor (each, an “IB”), Rakuten Securities Australia and the Client’s IB are wholly separate and independent from one another and there exists no joint venture or partnership relationship between the parties. Additionally, neither the IB nor any other employee or agent of the IB is an agent or employee of Rakuten Securities Australia.