PAMM Accounts Sample Clauses

PAMM Accounts. 2.1 PAMM Accounts are created to allow the Investors the application of strategies as set by the PAMM Managers, operating their own trading capital in the Forex and Financial markets, in relation to the Investors' capital (or part of their capital). The PAMM Managers execute trades on PAMM Accounts which are composed of that PAMM Managers' funds and the Investors’ funds. 2.2 The PAMM Manager has the capability to: (a) Perform trading transactions on the instruments offered by the Company only on the master trading account; the profit/loss resulting from such trading activity is distributed on the Investor PAMM Accounts proportionally to the amount of their invested funds; (b) Perform non-trading transactions in the Company Client Area (within the 'PAMM Management’ section) such as confirming the deposit and withdrawal requests; (c) Establish the PAMM Offer and amount of Fees (subject to the Company’s approval); (d) Set the Withdrawal Fee – this is the fee charged for Investor(s) withdrawing before the Trading Interval is over; (e) Determine the PAMM master trading account type; (f) Acquire information about Investors balances; (g) Withdraw funds/fees from his/her Owner Account (the account where the Fees are collected). 2.3 The PAMM Manager has no right or possibility to deposit or withdraw the funds to/from other Investors’ Accounts. 2.4 All PAMM Account calculations, deposit and withdrawal of funds, crediting and debiting of Fees and balance adjustments are executed by the PAMM software operated by the Company.
Sample 1Sample 2See All (8)
AutoNDA by SimpleDocs
PAMM Accounts. 2.1. PAMM accounts are designed to allow the application of strategies as set by the Manager, who manages his/her own capital in trading in the Forex and Financial markets, in relation to the Investor's capital (or part of the capital). The manager performs trades on PAMM accounts, which consist of that Manager's funds and the Investor's capital. 2.2. The manager has the ability to: a. Carry out trading transactions on PAMM accounts on the instruments offered by the Company. b. Establish the Manager Strategy Offer. c. Determine the Penalty Fee – this is the fee charged for Investor(s) withdrawing before the Trading Period is over. d. Determine the Manager Account Type. e. Obtain information about Investors Balances.
Sample 1Sample 2Sample 3
PAMM Accounts. 2.1. PAMM accounts are designed to allow the application of strategies as set by the Manager, who manages his/her own capital in trading in the Forex and Financial markets, in relation to the Investor's capital (or part of the capital). The manager performs trades on PAMM accounts, which consist of that Manager's funds and the Investor's capital. 2.2. The manager has the ability to: a. Carry out trading transactions on PAMM accounts on the instruments offered by the Company. b. Perform non-trading transactions in the myHotForex Client Area -> PAMM Accounts section, within the 'My PAMM Accounts’ section. c. Establish the Manager Offer. d. Determine the Penalty Fee – this is the fee charged for Investor(s) withdrawing before the Trading Period is over. e. Determine the Manager Account Type. f. Obtain information about Investors Balances. g. Withdraw funds from his/her Manager Capital Account (when applicable). 2.3. The Manager has no right or possibility to request the deposit or withdrawal of funds to or from the Investor Accounts. 2.4. All PAMM account calculations, deposit and withdrawal of funds, crediting and debiting of success fees and penalties are performed by the Company.
Sample 1
PAMM Accounts. 11.1 PAMM accounts are not entitled to swap waiver that we offer some of our customers. We reserve the right, at our sole discretionary, to apply and deduct swaps from the PAMM accounts at any time without prior notice. This includes previously closed positions. All consequences, including squared off positions due to such action taken by us, will be sole responsibility of the account holder(s). 11.2 An IB shall not open a master XXXX account, and his/her own introduced clients as follower account on his/her PAMM account shall this we discover, the broker at its own discretion, will reverse/remove rebates turned by the IB. DO NOT ACCEPT UNTIL YOU HAVE CAREFULLY READ ALL OF THE FOREGOING COMPLETELY AND COMPLETED THE TRADING PLATFORM APPLICATION. I/ We understand the nature and risks of Margin Trading via spot forex, metals, commodities, and/or CFDs. I/We confirm that I/we have read, understood and agree, by ticking in the tick box below, to be bound by this Agreement, the Complex Products General Risk Disclosure Notice, Contracts for Differences – Commodities and Other Reference Assets Supplement. Finally, I confirm that I am aged 18 years or over and that the information provided by me in this application is accurate and correct.
Sample 1
PAMM Accounts. 2.1. PAMM Accounts are created to allow the Investors the application of strategies as set by the PAMM Managers, operating their own trading capital in the Forex and Financial markets, in relation to the Investors' capital (or part of their capital). The PAMM Managers execute trades on PAMM Accounts which are composed of that PAMM Managers' funds and the Investors’ funds. 2.2. The PAMM Manager has the capability to: (a) Perform trading transactions on the instruments offered by the Company only on the master trading account; the profit/loss resulting from such trading activity is distributed on the Investor PAMM Accounts proportionally to the amount of their invested funds; (b) Perform non-trading transactions in the Company Client Area (within the 'PAMM Management’ section); (c) Establish the PAMM Offer and amount of Fees (subject to the Company’s approval); (d) Set the various Offer Fees (e) Determine the PAMM master trading account type; (f) Acquire information about Investors balances; (g) Withdraw funds/fees from his Owner Account (the account where the Fees are collected). 2.3. The PAMM Manager has no right or possibility to deposit or withdraw the funds to/from other Investors’ Accounts. 2.4. All PAMM Account calculations, deposit, and withdrawal of funds, crediting and debiting of fees and balance adjustments are executed by the PAMM software operated by the Company.
Sample 1
PAMM Accounts. 2.1 PAMM Accounts are created to allow the application of strategies as set by the Master, operating his own trading capital in the Forex and Financial markets, in relation to the Investor's capital (or part of this capital). The Master executes trades on PAMM Accounts which are composed of that Master's funds and the Investor's capital. 2.2 The Master has the capability to : (a) Perform trading transactions on PAMM Accounts on the instruments offered by the Company. (b) Perform non-trading transactions in the Company Client Area →My Manager Accounts section, within the 'PAMM Management’ section. (c) Establish the Master Offer. (d) Set the Penalty Fee – this is the fee charged for Investor(s) withdrawing before the Trading Period is over. (e) Determine the Master Account Type. (f) Acquire information about Investors Balances. (g) Withdraw funds from his Master Capital Account (when applicable). 2.3 The Master has no right or possibility to deposit or withdraw the funds to or from the Investor Accounts. 2.4 All PAMM account calculations, deposit and withdrawal of funds, crediting and debiting of success fees and penalties are executed by the Company.
Sample 1
PAMM Accounts. 2.1 PAMM Accounts are created to allow the application of strategies as set by the Manager, operating the Investor’s capital in the Forex and Financial markets. The Manager executes trades on PAMM Accounts which are composed of the Investor's capital. 2.2 When the Manager creates PAMM Account, the Manager must determine whether their account will be public or private: 2.2.1 Public PAMM Accounts appear in the full list of accounts on the Company Website, and monitoring of them is visible to all, plus a dedicated thread in the forum is created for this type of PAMM Account. The creation of a Public PAMM requires the Manager to specify PAMM Account Name on the Company’s forum. 2.2.2 Private PAMM Accounts can be converted into public ones when all positions are closed 2.3 The Manager has the capability to: 2.3.1 Perform trading transactions on PAMM Accounts on the instruments offered by AdenaSoft. 2.3.2 Establish the PAMM Offer to the Investor(s). 2.3.3 Set the Management Fee – this is the fee charged for Investor(s) withdrawing before the Trading Period is over. 2.3.4 Determine the Manager Account Type. 2.3.5 Acquire information about Investors Balances. 2.4 The Manager has no right or possibility to deposit or withdraw the funds to or from the Investor Accounts and PAMM Account. 2.5 All PAMM account calculations, deposit and withdrawal of funds, crediting and debiting of success fees and penalties are executed by AdenaSoft.
Sample 1
AutoNDA by SimpleDocs
PAMM Accounts 
Sample 1

Related to PAMM Accounts

  • Set Up Accounts (a) Bank shall establish and maintain the following accounts ("Accounts"): (i) a Securities Account in the name of Customer on behalf of each Fund for Financial Assets, which may be received by Bank or its Subcustodian for the account of Customer, including as an Entitlement Holder; and (ii) an account in the name of Customer ("Cash Account") for any and all cash in any currency received by Bank or its Subcustodian for the account of Customer. Notwithstanding paragraph (ii), cash held in respect of those markets where Customer is required to have a cash account in its own name held directly with the relevant Subcustodian shall be held in that manner and shall not be part of the Cash Account. Bank shall notify Customer prior to the establishment of such an account. (b) At the request of Customer, additional Accounts may be opened in the future, which shall be subject to the terms of this Agreement. (c) Except as precluded by Section 8-501(d) of the Uniform Commercial Code ("UCC"), Bank shall hold all Securities and other Financial Assets, other than cash, of a Fund that are delivered to it in a "securities account" with Bank for and in the name of such Fund and shall treat all such assets other than cash as "financial assets" as those terms are used in the UCC.

  • Separate Accounts If the Fund has more than one series or portfolio, the Bank will segregate the assets of each series or portfolio to which this Agreement relates into a separate account for each such series or portfolio containing the assets of such series or portfolio (and all investment earnings thereon). Unless the context otherwise requires, any reference in this Agreement to any actions to be taken by the Fund shall be deemed to refer to the Fund acting on behalf of one or more of its series, any reference in this Agreement to any assets of the Fund, including, without limitation, any portfolio securities and cash and earnings thereon, shall be deemed to refer only to assets of the applicable series, any duty or obligation of the Bank hereunder to the Fund shall be deemed to refer to duties and obligations with respect to such individual series and any obligation or liability of the Fund hereunder shall be binding only with respect to such individual series, and shall be discharged only out of the assets of such series.

  • Cash Accounts The Custodian will open and maintain in the name of the Client one or more cash deposit accounts (each a “Cash Account”) in such currencies as may be required in connection with the investment activity of the Client.

  • Project Accounts The Grantee agrees to establish and maintain for the Project either a separate set of accounts or accounts within the framework of an established accounting system, in a manner consistent with 49 C.F.R. § 18.20, or 49 C.F.R. § 19.21, as amended, whichever is applicable.

  • Management Accounts The Management Accounts have been prepared in accordance with the same accounting principles and practices adopted for the Accounts and show a fair view of the assets and liabilities of the Company as the Management Accounts Date.

  • User Accounts End User shall ensure that only Authorized Users can access the Services. User accounts may not be shared among individuals or used to provide access to the Services to individuals who are not the individual associated with the corresponding user account.

  • Business Accounts If you are a business, any authorized user of your business is authorized on such terms, conditions, and agreements as we may require to: • enter into this Agreement, as amended from time to time; • access each account of yours in any manner and for any purpose available through the Service, whether now available or available at some time in the future; and • use any Online banking service in any manner and for any purpose available through the Service, whether now available or available at some time in the future.

  • Investment Accounts Schedule 2 sets forth under the headings “Securities Accounts” and “Commodity Accounts”, respectively, all of the Securities Accounts and Commodity Accounts in which such Grantor has an interest. Except as disclosed to the Administrative Agent, such Grantor is the sole entitlement holder of each such Securities Account and Commodity Account, and such Grantor has not consented to, and is not otherwise aware of, any Person (other than the Administrative Agent) having “control” (within the meanings of Sections 8-106 and 9-106 of the UCC) over, or any other interest in, any such Securities Account or Commodity Account or any securities or other property credited thereto; (a) Schedule 2 sets forth under the heading “Deposit Accounts” all of the Deposit Accounts in which such Grantor has an interest and, except as otherwise disclosed to the Administrative Agent, such Grantor is the sole account holder of each such Deposit Account and such Grantor has not consented to, and is not otherwise aware of, any Person (other than the Administrative Agent) having either sole dominion and control (within the meaning of common law) or “control” (within the meaning of Section 9-104 of the UCC) over, or any other interest in, any such Deposit Account or any money or other property deposited therein; and (b) In each case to the extent requested by the Administrative Agent, such Grantor has taken all actions necessary or desirable to: (i) establish the Administrative Agent’s “control” (within the meanings of Sections 8-106 and 9-106 of the UCC) over any Certificated Securities (as defined in Section 9-102 of the UCC); (ii) establish the Administrative Agent’s “control” (within the meanings of Sections 8-106 and 9-106 of the UCC) over any portion of the Investment Accounts constituting Securities Accounts, Commodity Accounts, Securities Entitlements or Uncertificated Securities (each as defined in Section 9-102 of the UCC); (iii) establish the Administrative Agent’s “control” (within the meaning of Section 9-104 of the UCC) over all Deposit Accounts; and (iv) deliver all Instruments (as defined in Section 9-102 of the UCC) to the Administrative Agent to the extent required hereunder.

  • Retirement Accounts With respect to certain retirement plans or accounts (such as individual retirement accounts (“IRAs”), SIMPLE IRAs, SEP IRAs, Xxxx IRAs, Education IRAs, and 403(b) Plans (such accounts, “Retirement Accounts”), the Transfer Agent, at the request and expense of the Fund, provide or arrange for the provision of various services to such plans and/or accounts, which services may include custodial agent services such as account set-up maintenance, and disbursements as well as such other services as the parties hereto shall mutually agree upon.

  • Joint Accounts If any of your accounts accessed under this Agreement are joint accounts, all joint owners, including any authorized users, shall be bound by this Agreement and, alone and together, shall be responsible for all EFT transactions to or from any share and share draft or loan accounts as provided in this Agreement. Each joint account owner, without the consent of any other account owner, may, and is hereby authorized by every other joint account owner, make any transaction permitted under this Agreement. Each joint account owner is authorized to act for the other account owners, and the Credit Union may accept orders and instructions regarding any EFT transaction on any account from any joint account owner.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!