Our Discretions. 2.10.1 Various clauses of this Client Agreement confer discretions on us to act in circumstances that are set out in the relevant provision. We have discretions under this Client Agreement which can affect your Contracts. You do not have anypower or right to direct how we exercise those discretions.
2.10.2 In exercising such discretions, we will act in accordance with the following:
(a) We will have due regard to our commercial objectives, which include: maintaining our reputation as a product issuer; responding to market forces; managing all forms of risks, including, but not limited to operational risk and market risk; and complying with our legal obligations as a holder of an AFSL;
(b) we will act when necessary to protect our Position in relation to the trade or event; and
(c) we will take into account the circumstances existing at the time and required by the relevant provision.
2.10.3 We will try to act reasonably in exercising our discretion, but we are not obliged to act in your best interests or to avoid or minimise a loss in your Account.
Our Discretions. Various clauses of this Agreement confer discretions on us to act in circumstances that are set out in the relevant provision. In exercising such discretions, we will act in accordance with the following:
a. We will have due regard to our commercial objectives, which include:
i. Maintaining our reputation as a product issuer;
ii. Responding to market forces;
iii. Managing all forms of risks, including, but not limited to operational risk and market risk; and
iv. Complying with our legal obligations as a holder of an AFSL;
b. We will act when necessary to protect our position in relation to the trade or event;
c. We will take into account the circumstances existing at the time and required by the relevant provision, and not take into account irrelevant or extraneous considerations or circumstances;
d. We may take into account your trading or investment experience; and
e. At all times, we will act reasonably, commercially and bona fide, and where required or appropriate provide you with prior notice before exercising that discretion.
Our Discretions. Various clauses of this Client Agreement confer discretions on us to act in circumstances that are set out in the relevant provision. In exercising such discretions, we will act in accordance with the following:
a. We will have due regard to our commercial objectives, which include:
i. Maintaining our reputation as a product issuer;
ii. Responding to market forces;
iii. Managing all forms of risks, including, but not limited to operational risk and market risk; and
iv. Complying with our legal obligations as a holder of an AFSL;
b. We will act when necessary to protect our position in relation to the trade or event;
c. We will take into account the circumstances existing at the time and required by the relevant provision.
Our Discretions. 2.8.1 Various clauses of this Client Agreement confer discretions on us to act in circumstances that are set out in the relevant provision. We have discretionsunder this Client Agreement which can affect your Contracts. You do not have any power or right to direct how we exercise those discretions.
2.8.2 In exercising such discretions, we will act in accordance with the following:
2.8.3 We will have due regard to our commercial objectives, which include: • maintaining our reputation as a product issuer; • responding to market forces; • managing all forms of risks, including, but not limited tooperational risk and market risk; and • complying with our legal obligations as a holder of an AFSL;
Our Discretions. 2.9.1 Various clauses of this Client Agreement confer discretions on us to act in circumstances that are set out in the relevant provision. We have discretions under this Client Agreement which can affect your Contracts. You do not have any power or right to direct how we exercise those discretions.
Our Discretions. Various clauses of this Agreement confer discretions on us to act in circumstances that are set out in the relevant provision.
