Principal or Agent. D.6.1. In accepting any order or executing Transactions (including programme trades), Xxxxxx Xxxxxxx may act as agent, or principal, or a combination of both agent and principal unless it is unambiguously clear from the terms of the order (and Xxxxxx Xxxxxxx accepts those terms) or the rules of an Exchange that Xxxxxx Xxxxxxx will act in a specific capacity. If the rules of an Exchange require Xxxxxx Xxxxxxx to act as agent on an Exchange where Xxxxxx Xxxxxxx cannot deal as principal then, for that transaction the Client undertakes to sign and deliver to Xxxxxx Xxxxxxx any further documents as Xxxxxx Xxxxxxx may require. D.6.2. In respect of programme trades, Xxxxxx Xxxxxxx and/or an Associated Firm may execute an own account transaction in any Investment included in a programme trade.
Appears in 4 contracts
Samples: International Prime Brokerage Agreement, International Prime Brokerage Agreement, International Prime Brokerage Agreement
