Common use of RELATIONSHIP BETWEEN THE COMPANY AND THE CUSTOMER Clause in Contracts

RELATIONSHIP BETWEEN THE COMPANY AND THE CUSTOMER. 15.1 The Company reserves the right to use, employ or appoint third qualified and duly trained persons for the purpose of mediating in the execution of orders and the conclusion of transactions for the Customer. 15.2 The Company declares that it takes all necessary measures, where possible, in order to anticipate or solve any conflicts of interest between, on the one hand itself and its associated persons and customers and on the other hand, its Customers. However, the Company draws the Customer’s attention to the following possibilities of a conflict of interest. i. The Company and/or any associated company and/or any company which is a member of the group of companies to which the Company belongs to, might: (a) Enter itself into an agreement with the Customer in order to execute his Order; (b) Be an issuer of the underlying assets and/or future contract on which the Financial Instruments in which the Customer wishes to conclude a transaction is based; (c) Act on its behalf and/or for another customer as purchase and/or seller and/or may have an interest in the underlying assets and/or future contract on which the Financial Instruments of the issuer in which the Customer wishes to conclude a transaction is based; (d) Act as an agent, and/or have any trading or other relationship with any issuer of the underlying assets and/or future contract on which the Financial Instrument is based; (e) Pay a fee to third persons who either recommended the Customer to the Company or who mediated in any way so that the Customer’s Orders are forwarded to the Company for execution. ii. The Company may execute different orders (even contrary to one another) on behalf of different customers. iii. The Company may mitigate the risk associated with the Customer's transactions with, and obtain coverage for such risk from another Company. 15.3 Customer warrants that he has read and accepts the “Conflicts of Interest Policy” that the Company has adopted. This policy is uploaded and is mentioned in detail in the Company’s main website public and available to all Customers.

Appears in 6 contracts

Samples: Client Agreement, Client Agreement, Client Agreement

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