Common use of Multiple Account Operation Clause in Contracts

Multiple Account Operation. Clients may not trade using the accounts of others or allow others to trade using their account. Evidence of this activity includes: • accounts operating from the same location • using/indicating the same IP address • multiple accounts displaying the same deposit and withdrawal patterns • accounts showing similar or identical trading patterns Where this activity is discovered, the Company reserves the right to close the affected accounts and all related open trading positions.

Appears in 2 contracts

Samples: Client Agreement, Client Agreement

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Multiple Account Operation. Clients may not trade using the accounts of others or allow others to trade using their account. 3 Evidence of this activity includes: • includes (i) accounts operating from the same location • location, (ii) using/indicating the same IP address • multiple accounts displaying address, 3 A client may allow another person to trade using their account where the same deposit company gives express permission and withdrawal patterns • accounts showing similar or identical trading patterns Where this activity is discovered, the Company reserves client provides express written permission to do so in the right form of signing a Power of Attorney document to close that effect. The additional trader must be named in the affected accounts document and all related open trading positionsmust provide ‘Know Your Customer’ documentation.

Appears in 2 contracts

Samples: Client Agreement, Client Agreement

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