Margin Transactions. Margin transactions involve the extension of credit by Baird to Client. Upon Client’s request and subject to the terms and conditions stated herein, Baird may agree to lend funds to Client. The assets held in Client’s Margin Account constitute collateral for the loan to Client. Baird may borrow money to lend Client and pledge securities as collateral for such loans and may receive compensation in connection with such loans. In consideration of the foregoing, Client acknowledges and agrees as follows:
Appears in 5 contracts
Samples: Client Relationship Agreement, Client Margin Agreement Supplement, Client Margin Agreement Supplement
