Operation of Your Account. The Firm has the right to determine at its discretion whether or not to accept and execute any order or instruction for your Account. The Firm will credit to your Account any interest, dividends or other monies received in respect of securities held in your Account and any monies (net of all charges) received as proceeds from transactions for your Account, and will debit from your Account any amounts owing, including interest, by you to the Firm pursuant to this Agreement. The Firm will maintain a record of receipts and deliveries of securities and your resulting positions in your Account. Your Account may be subject to limits on the amounts that you may trade within a certain time period, as determined by the Firm. Such limits may vary depending on whatever factors that we determine are relevant. The Firm reserves the right to change any limits on your Account in its sole discretion. Transactions may be executed as pooled trades. You acknowledge and understand that, in certain cases, your order to purchase securities may be placed in dollar amounts and not in a specific number of shares. You further agree that such dollar amounts will be converted into share amounts then rounded based on the weighted average price per share paid.
Operation of Your Account. DEPOSIT OF FUNDS
Operation of Your Account. This Article I contains terms that apply to the operation of your Account. You and DCBank agree that the operation of each Account which you now, or in the future, may have with us, regardless of the product offering or the carrying on of other banking business by you with us, will be subject to the following terms:
Operation of Your Account. The Firm has the right to determine at its discretion whether or not to accept and execute any order or instruction for your Account. The Firm will credit to your Account any interest, dividends or other monies received in respect of securities held in your Account and any monies (net of all charges) received as proceeds from transactions for your Account, and will debit from your Account any amounts owing, including interest, by you to the Firm pursuant to this Agreement. The Firm will maintain a record of receipts and deliveries of securities and your resulting positions in your Account. Your Account may be subject to limits on the amounts that you may trade within a certain time period, as determined by the Firm. Such limits may vary depending on whatever factors that we determine are relevant. The Firm reserves the right to change any limits on your Account in its sole discretion. Transactions may be executed as pooled trades. You acknowledge and understand that, in certain cases, your order to purchase securities may be placed in dollar amounts and not in a specific number of shares. You further agree that such dollar amounts will be converted into share amounts then rounded based on the weighted average price per share paid. We may also put a hold on your Account to verify new or updated personal information regarding your Account, and we may maintain the hold until we confirm this information (which confirmation may require supporting documentation from you). When we receive new or updated personal information concerning your Account, we may put a hold on your Account in order to verify this information. We may also request supporting documentation so that we can confirm updated or new information. We may maintain the hold on your Account until your updated or new personal information can be confirmed. We may extend the maximum hold period if we have reasonable grounds to believe there may be illegal or fraudulent activity in relation to an Account.
