Common use of Pooled Trades Clause in Contracts

Pooled Trades. You acknowledge and understand that trades 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.

Appears in 7 contracts

Samples: Client Account Agreement, Client Account Agreement, Client Account Agreement

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