Common use of Rights and responsibilities of the Company Clause in Contracts

Rights and responsibilities of the Company. The present Agreement shall establish rights and responsibilities of the Company in addition to rights and responsibilities established by the Public Offer Agreement accepted at registration of a customer's trading account. Provided that Company's servers function properly, the Company shall meet all responsibilities established herein. 1. Copy trades The Company shall record a Xxxxxxxx's request to copy trades from the Trader's account and start copying trades from the Trader's account to the Follower's account within 30 minutes after the request has been accepted by the Trader. The Company shall copy trades from the Trader's account to the Follower's account in real time with the maximum admissible delay of 2 minutes. Orders that remain open less than two minutes may fail to be copied from the Trader's account to the Follower's account. 2. Record profits and losses After the Trader has accepted a request to copy his trades and started trading, the Company shall periodically record profits and losses from trades opened by the Trader and trades copied to the Follower's account. The record shall be provided once an hour and its results shall be available in Follower Cabinet and Trader Cabinet. 3. Cancel the subscription to copy trades In case the Follower or the Trader has requested to unsubscribe from copying trades, the Company shall process the request within 30 minutes. The profits to be paid to the Follower may differ from the profits displayed in Follower Cabinet at the cancellation request, including cases when the Trader has suffered losses and his trades have been closed at stop-out at the moment of an information update. 4. Protect Follower's funds from Trader's withdrawals The Company shall guarantee that the Trader is unable to withdraw any funds from the Follower's account during the subscription period. Furthermore, the Trader shall not be able to withdraw any part of his funds required to margin open trades. 5. Provide contact information The Company shall ensure that Trader's contact information (email and phone number) is available in public access on the monitoring page of his account. Information provided may be used to contact the Trader. The Company shall ensure that Xxxxxxxx's contact information (email and phone number) is available to the Trader whose trades are being copied. Information shall become available to the Trader after a Follower's request to copy trades has been accepted by the Trader. 6. The Trader recognizes the Company's right to cancel, in part or in a whole, any profits obtained by the Trader in the ForexCopy system if the Company discovers that the Trader has made defamation of Company's character by any means of communication, including without limitations emails, internal messages to Followers, description of a ForexCopy project on the monitoring page and social networks, etc. 7. The Company shall be entitled to change by an ex parte decision any information about the Trader if the Company discovers that the Trader has deliberately provided information that is fully or partially identical or consonant to information provided by other Traders and may deceive Followers. In some cases activities of the Trader in the ForexCopy system may be terminated. 8. Ensure crediting a commission to the Trader for re-copying his trades. If the Trader2 copies the deals of the Trader1 and sells them to the Follower3, the Trader1 is paid by the Trader2 10% of the commission paid by the Follower3 to the Trader2. The commission is credited in accordance with the Paragraph 7.9 hereof. 9. Ensure subscribing on the terms selected by the Follower Trades are copied from the Trader’s account to the Follower’s account on the terms determined by the Trader in the set selected by the Follower. The copying terms are saved for a certain subscription when the Follower subscribes to the Trader. If the Trader changes the copying terms, the new conditions are applied only to the new subscriptions.

Appears in 10 contracts

Samples: Forexcopy System Use Agreement, Forexcopy System Use Agreement, Forexcopy System Use Agreement

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Rights and responsibilities of the Company. The present Agreement shall establish rights and responsibilities of the Company in addition to rights and responsibilities established by the Public Offer Agreement accepted at registration of a customer's trading account. Provided that Company's servers function properly, the Company shall meet all responsibilities established herein. 1. Copy trades The Company shall record a XxxxxxxxFollower's request to copy trades from the Trader's account and start copying trades from the Trader's account to the Follower's account within 30 minutes after the request has been accepted by the Trader. The Company shall copy trades from the Trader's account to the Follower's account in real time with the maximum admissible delay of 2 minutes. Orders that remain open less than two minutes may fail to be copied from the Trader's account to the Follower's account. Copying of options purchased less than 2 minutes before their activation from the Trader’s account to the Follower’s account may fail. 2. Record profits and losses After the Trader has accepted a request to copy his trades and started trading, the Company shall periodically record profits and losses from trades opened by the Trader and trades copied to the Follower's account. The record shall be provided once an hour and its results shall be available in Follower Cabinet and Trader Cabinet. 3. Cancel the subscription to copy trades In case the Follower or the Trader has requested to unsubscribe from copying trades, the Company shall process the request within 30 minutes. The profits to be paid to the Follower may differ from the profits displayed in Follower Cabinet at the cancellation request, including cases when the Trader has suffered losses and his trades have been closed at stop-out at the moment of an information update. 4. Protect Follower's funds from Trader's withdrawals The Company shall guarantee that the Trader is unable to withdraw any funds from the Follower's account during the subscription period. Furthermore, the Trader shall not be able to withdraw any part of his funds required to margin open trades. 5. Provide contact information The Company shall ensure that Trader's contact information (email and phone number) is available in public access on the monitoring page of his account. Information provided may be used to contact the Trader. The Company shall ensure that XxxxxxxxFollower's contact information (email and phone number) is available to the Trader whose trades are being copied. Information shall become available to the Trader after a Follower's request to copy trades has been accepted by the Trader. 6. The Trader recognizes the Company's right to cancel, in part or in a whole, any profits obtained by the Trader in the ForexCopy system if the Company discovers that the Trader has made defamation of Company's character by any means of communication, including without limitations emails, internal messages to Followers, description of a ForexCopy project on the monitoring page and social networks, etc. 7. The Company shall be entitled to change by an ex parte decision any information about the Trader if the Company discovers that the Trader has deliberately provided information that is fully or partially identical or consonant to information provided by other Traders and may deceive Followers. In some cases activities of the Trader in the ForexCopy system may be terminated. 8. Ensure crediting a commission to the Trader for re-copying his trades. If the Trader2 copies the deals of the Trader1 and sells them to the Follower3, the Trader1 is paid by the Trader2 10% of the commission paid by the Follower3 to the Trader2. The commission is credited in accordance with the Paragraph 7.9 hereof. 9. Ensure subscribing on the terms selected by the Follower Trades are copied from the Trader’s account to the Follower’s account on the terms determined by the Trader in the set selected by the Follower. The copying terms are saved for a certain subscription when the Follower subscribes to the Trader. If the Trader changes the copying terms, the new conditions are applied only to the new subscriptions.

Appears in 5 contracts

Samples: Forexcopy System Use Agreement, Forexcopy System Use Agreement, Forexcopy System Use Agreement

Rights and responsibilities of the Company. The present Agreement shall establish rights and responsibilities of the Company in addition to rights and responsibilities established by the Public Offer Agreement accepted at registration of a customer's trading account. Provided that Company's servers function properly, the Company shall meet all responsibilities established herein. 1. Copy trades The Company shall record a Xxxxxxxx's request to copy trades from the Trader's account and start copying trades from the Trader's account to the Follower's account within 30 minutes after the request has been accepted by the Trader. The Company shall copy trades from the Trader's account to the Follower's account in real time with the maximum admissible delay of 2 minutes. Orders that remain open less than two minutes may fail to be copied from the Trader's account to the Follower's account. Copying of options purchased less than 2 minutes before their activation from the Trader’s account to the Follower’s account may fail. 2. Record profits and losses After the Trader has accepted a request to copy his trades and started trading, the Company shall periodically record profits and losses from trades opened by the Trader and trades copied to the Follower's account. The record shall be provided once an hour and its results shall be available in Follower Cabinet and Trader Cabinet. 3. Cancel the subscription to copy trades In case the Follower or the Trader has requested to unsubscribe from copying trades, the Company shall process the request within 30 minutes. The profits to be paid to the Follower may differ from the profits displayed in Follower Cabinet at the cancellation request, including cases when the Trader has suffered losses and his trades have been closed at stop-out at the moment of an information update. 4. Protect Follower's funds from Trader's withdrawals The Company shall guarantee that the Trader is unable to withdraw any funds from the Follower's account during the subscription period. Furthermore, the Trader shall not be able to withdraw any part of his funds required to margin open trades. 5. Provide contact information The Company shall ensure that Trader's contact information (email and phone number) is available in public access on the monitoring page of his account. Information provided may be used to contact the Trader. The Company shall ensure that Xxxxxxxx's contact information (email and phone number) is available to the Trader whose trades are being copied. Information shall become available to the Trader after a Follower's request to copy trades has been accepted by the Trader. 6. The Trader recognizes the Company's right to cancel, in part or in a whole, any profits obtained by the Trader in the ForexCopy system if the Company discovers that the Trader has made defamation of Company's character by any means of communication, including without limitations emails, internal messages to Followers, description of a ForexCopy project on the monitoring page and social networks, etc. 7. The Company shall be entitled to change by an ex parte decision any information about the Trader if the Company discovers that the Trader has deliberately provided information that is fully or partially identical or consonant to information provided by other Traders and may deceive Followers. In some cases activities of the Trader in the ForexCopy system may be terminated. 8. Ensure crediting a commission to the Trader for re-copying his trades. If the Trader2 copies the deals of the Trader1 and sells them to the Follower3, the Trader1 is paid by the Trader2 10% of the commission paid by the Follower3 to the Trader2. The commission is credited in accordance with the Paragraph 7.9 hereof. 9. Ensure subscribing on the terms selected by the Follower Trades are copied from the Trader’s account to the Follower’s account on the terms determined by the Trader in the set selected by the Follower. The copying terms are saved for a certain subscription when the Follower subscribes to the Trader. If the Trader changes the copying terms, the new conditions are applied only to the new subscriptions.

Appears in 2 contracts

Samples: Forexcopy System Use Agreement, Forexcopy System Use Agreement

Rights and responsibilities of the Company. The present Agreement shall establish rights and responsibilities of the Company in addition to rights and responsibilities established by the Public Offer Agreement accepted at registration of a customer's trading account. Provided that Company's servers function properly, the Company shall meet all responsibilities established herein. 1. Copy trades The Company shall record a XxxxxxxxFollower's request to copy trades from the Trader's account and start copying trades from the Trader's account to the Follower's account within 30 minutes after the request has been accepted by the Trader. The Company shall copy trades from the Trader's account to the Follower's account in real time with the maximum admissible delay of 2 minutes. Orders that remain open less than two minutes may fail to be copied from the Trader's account to the Follower's account. Copying of options purchased less than 2 minutes before their activation from the Trader’s account to the Follower’s account may fail. 2. Record profits and losses After the Trader has accepted a request to copy his trades and started trading, the Company shall periodically record profits and losses from trades opened by the Trader and trades copied to the Follower's account. The record shall be provided once an hour and its results shall be available in Follower Cabinet and Trader Cabinet. 3. Cancel the subscription to copy trades In case the Follower or the Trader has requested to unsubscribe from copying trades, the Company shall process the request within 30 minutes. The profits to be paid to the Follower may differ from the profits displayed in Follower Cabinet at the cancellation request, including cases when the Trader has suffered losses and his trades have been closed at stop-out at the moment of an information update. 4. Protect Follower's funds from Trader's withdrawals The Company shall guarantee that the Trader is unable to withdraw any funds from the Follower's account during the subscription period. Furthermore, the Trader shall not be able to withdraw any part of his funds required to margin open trades. 5. Provide contact information The Company shall ensure that Trader's contact information (email and phone number) is available in public access on the monitoring page of his account. Information provided may be used to contact the Trader. The Company shall ensure that XxxxxxxxFollower's contact information (email and phone number) is available to the Trader whose trades are being copied. Information shall become available to the Trader after a Follower's request to copy trades has been accepted by the Trader. 6. The Trader recognizes the Company's right to cancel, in part or in a whole, any profits obtained by the Trader in the ForexCopy system if the Company discovers that the Trader has made defamation of Company's character by any means of communication, including without limitations emails, internal messages to Followers, description of a ForexCopy project on the monitoring page and social networks, etc. 7. The Company shall be entitled to change by an ex parte decision any information about the Trader if the Company discovers that the Trader has deliberately provided information that is fully or partially identical or consonant to information provided by other Traders and may deceive Followers. In some cases activities of the Trader in the ForexCopy system may be terminated. 8. Ensure crediting a commission to the Trader for re-copying his trades. If the Trader2 copies the deals of the Trader1 and sells them to the Follower3, the Trader1 is paid by the Trader2 10% of the commission paid by the Follower3 to the Trader2. The commission is credited in accordance with the Paragraph 7.9 6.9 hereof. 9. Ensure subscribing on the terms selected by the Follower Trades are copied from the Trader’s account to the Follower’s account on the terms determined by the Trader in the set selected by the Follower. The copying terms are saved for a certain subscription when the Follower subscribes to the Trader. If the Trader changes the copying terms, the new conditions are applied only to the new subscriptions.

Appears in 1 contract

Samples: Forexcopy System Use Agreement

Rights and responsibilities of the Company. The present Agreement shall establish rights and responsibilities of the Company in addition to rights and responsibilities established by the Public Offer Agreement accepted at registration of a customer's trading account. Provided that Company's servers function properly, the Company shall meet all responsibilities established herein. 1. Copy trades The Company shall record a XxxxxxxxFollower's request to copy trades from the Trader's account and start copying trades from the Trader's account to the Follower's account within 30 minutes after the request has been accepted by the Trader. The Company shall copy trades from the Trader's account to the Follower's account in real time with the maximum admissible delay of 2 minutes. Orders that remain open less than two minutes may fail to be copied from the Trader's account to the Follower's account. If a Copytrading Trader changes the Stop Loss or Take Profit settings of the open trade, the aforementioned alterations can be adjusted to the copied by a Copytrading Follower trades with an appropriate lagging, that on average is up to 1-2 minutes. The Client irrevocably agrees with the possible consequences of this allowable deviation. Copying of options purchased less than 2 minutes before their activation from the Trader’s account to the Follower’s account may fail. 2. Record profits and losses After the Trader has accepted a request to copy his trades and started trading, the Company shall periodically record profits and losses from trades opened by the Trader and trades copied to the Follower's account. The record shall be provided once an hour and its results shall be available in Follower Cabinet and Trader Cabinet. 3. Cancel the subscription to copy trades In case the Follower or the Trader has requested to unsubscribe from copying trades, the Company shall process the request within 30 minutes. The profits to be paid to the Follower may differ from the profits displayed in Follower Cabinet at the cancellation request, including cases when the Trader has suffered losses and his trades have been closed at stop-out at the moment of an information update. 4. Protect Follower's funds from Trader's withdrawals The Company shall guarantee that the Trader is unable to withdraw any funds from the Follower's account during the subscription period. Furthermore, the Trader shall not be able to withdraw any part of his funds required to margin open trades. 5. Provide contact information The Company shall ensure that Trader's contact information (email and phone number) is available in public access on the monitoring page of his account. Information provided may be used to contact the Trader. The Company shall ensure that XxxxxxxxFollower's contact information (email and phone number) is available to the Trader whose trades are being copied. Information shall become available to the Trader after a Follower's request to copy trades has been accepted by the Trader. 6. The Trader recognizes the Company's right to cancel, in part or in a whole, any profits obtained by the Trader in the ForexCopy Copytrading system if the Company discovers that the Trader has made defamation of Company's character by any means of communication, including without limitations emails, internal messages to Followers, description of a ForexCopy Copytrading project on the monitoring page and social networks, etc. 7. The Company shall be entitled to change by an ex parte decision any information about the Trader if the Company discovers that the Trader has deliberately provided information that is fully or partially identical or consonant to information provided by other Traders and may deceive Followers. In some cases activities of the Trader in the ForexCopy Copytrading system may be terminated. 8. Ensure crediting a commission to the Trader for re-copying his trades. If the Trader2 copies the deals of the Trader1 and sells them to the Follower3, the Trader1 is paid by the Trader2 10% of the commission paid by the Follower3 to the Trader2. The commission is credited in accordance with the Paragraph 7.9 6.9 hereof. 9. Ensure subscribing on the terms selected by the Follower Trades are copied from the Trader’s account to the Follower’s account on the terms determined by the Trader in the set selected by the Follower. The copying terms are saved for a certain subscription when the Follower subscribes to the Trader. If the Trader changes the copying terms, the new conditions are applied only to the new subscriptions.

Appears in 1 contract

Samples: Copytrading System Use Agreement

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Rights and responsibilities of the Company. The present Agreement shall establish rights and responsibilities of the Company in addition to rights and responsibilities established by the Public Offer Agreement accepted at registration of a customer's trading account. Provided that Company's servers function properly, the Company shall meet all responsibilities established herein. 13.1. Copy trades The Company shall record a XxxxxxxxFollower's request to copy trades from the Trader's account and start copying trades from the Trader's account to the Follower's account within 30 minutes after the request has been accepted by the Trader. The Company shall copy trades from the Trader's account to the Follower's account in real time with the maximum admissible delay of 2 minutes. Orders that remain open less than two minutes may fail to be copied from the Trader's account to the Follower's account. If the ForexCopy Trader changes the Stop Loss or Take Profit settings of the open trade, the aforementioned alterations can be adjusted to the copied by a ForexCopy Follower trades with an appropriate lagging, that on average is up to 1-2 minutes. The Client irrevocably agrees with the possible consequences of this allowable deviation. Copying of options purchased less than 2 minutes before their activation from the Trader’s account to the Follower’s account may fail. 23.2. Record profits and losses After the Trader has accepted a request to copy his trades and started trading, the Company shall periodically record profits and losses from trades opened by the Trader and trades copied to the Follower's account. The record shall be provided once an hour and its results shall be available in Follower Cabinet and Trader Cabinet. 33.3. Cancel the subscription to copy trades In case the Follower or the Trader has requested to unsubscribe from copying trades, the Company shall process the request within 30 minutes. The profits to be paid to the Follower may differ from the profits displayed in Follower Cabinet at the cancellation request, including cases when the Trader has suffered losses and his trades have been closed at stop-out at the moment of an information update. 43.4. Protect Follower's funds from Trader's withdrawals The Company shall guarantee that the Trader is unable to withdraw any funds from the Follower's account during the subscription period. Furthermore, the Trader shall not be able to withdraw any part of his funds required to margin open trades. 5. Provide contact information The Company shall ensure that Trader's contact information (email and phone number) is available in public access on the monitoring page of his account. Information provided may be used to contact the Trader. The Company shall ensure that Xxxxxxxx's contact information (email and phone number) is available to the Trader whose trades are being copied. Information shall become available to the Trader after a Follower's request to copy trades has been accepted by the Trader. 6. The Trader recognizes the Company's right to cancel, in part or in a whole, any profits obtained by the Trader in the ForexCopy system if the Company discovers that the Trader has made defamation of Company's character by any means of communication, including without limitations emails, internal messages to Followers, description of a ForexCopy project on the monitoring page and social networks, etc. 7. The Company shall be entitled to change by an ex parte decision any information about the Trader if the Company discovers that the Trader has deliberately provided information that is fully or partially identical or consonant to information provided by other Traders and may deceive Followers. In some cases activities of the Trader in the ForexCopy system may be terminated. 8. Ensure crediting a commission to the Trader for re-copying his trades. If the Trader2 copies the deals of the Trader1 and sells them to the Follower3, the Trader1 is paid by the Trader2 10% of the commission paid by the Follower3 to the Trader2. The commission is credited in accordance with the Paragraph 7.9 hereof. 9. Ensure subscribing on the terms selected by the Follower Trades are copied from the Trader’s account to the Follower’s account on the terms determined by the Trader in the set selected by the Follower. The copying terms are saved for a certain subscription when the Follower subscribes to the Trader. If the Trader changes the copying terms, the new conditions are applied only to the new subscriptions.

Appears in 1 contract

Samples: Forexcopy Agreement

Rights and responsibilities of the Company. The present Agreement shall establish rights and responsibilities of the Company in addition to rights and responsibilities established by the Public Offer Agreement accepted at registration of a customer's trading account. Provided that Company's servers function properly, the Company shall meet all responsibilities established herein. 1. Copy trades The Company shall record a Xxxxxxxx's request to copy trades from the Trader's account and start copying trades from the Trader's account to the Follower's account within 30 minutes after the request has been accepted by the Trader. The Company shall copy trades from the Trader's account to the Follower's account in real time with the maximum admissible delay of 2 minutes. Orders that remain open less than two minutes may fail to be copied from the Trader's account to the Follower's account. If a Copytrading Trader changes the Stop Loss or Take Profit settings of the open trade, the aforementioned alterations can be adjusted to the copied by a Copytrading Follower trades with an appropriate lagging, that on average is up to 1-2 minutes. The Client irrevocably agrees with the possible consequences of this allowable deviation. Copying of options purchased less than 2 minutes before their activation from the Trader’s account to the Follower’s account may fail. 2. Record profits and losses After the Trader has accepted a request to copy his trades and started trading, the Company shall periodically record profits and losses from trades opened by the Trader and trades copied to the Follower's account. The record shall be provided once an hour and its results shall be available in Follower Cabinet and Trader Cabinet. 3. Cancel the subscription to copy trades In case the Follower or the Trader has requested to unsubscribe from copying trades, the Company shall process the request within 30 minutes. The profits to be paid to the Follower may differ from the profits displayed in Follower Cabinet at the cancellation request, including cases when the Trader has suffered losses and his trades have been closed at stop-out at the moment of an information update. 4. Protect Follower's funds from Trader's withdrawals The Company shall guarantee that the Trader is unable to withdraw any funds from the Follower's account during the subscription period. Furthermore, the Trader shall not be able to withdraw any part of his funds required to margin open trades. 5. Provide contact information The Company shall ensure that Trader's contact information (email and phone number) is available in public access on the monitoring page of his account. Information provided may be used to contact the Trader. The Company shall ensure that Xxxxxxxx's contact information (email and phone number) is available to the Trader whose trades are being copied. Information shall become available to the Trader after a Follower's request to copy trades has been accepted by the Trader. 6. The Trader recognizes the Company's right to cancel, in part or in a whole, any profits obtained by the Trader in the ForexCopy Copytrading system if the Company discovers that the Trader has made defamation of Company's character by any means of communication, including without limitations emails, internal messages to Followers, description of a ForexCopy Copytrading project on the monitoring page and social networks, etc. 7. The Company shall be entitled to change by an ex parte decision any information about the Trader if the Company discovers that the Trader has deliberately provided information that is fully or partially identical or consonant to information provided by other Traders and may deceive Followers. In some cases activities of the Trader in the ForexCopy Copytrading system may be terminated. 8. Ensure crediting a commission to the Trader for re-copying his trades. If the Trader2 copies the deals of the Trader1 and sells them to the Follower3, the Trader1 is paid by the Trader2 10% of the commission paid by the Follower3 to the Trader2. The commission is credited in accordance with the Paragraph 7.9 6.9 hereof. 9. Ensure subscribing on the terms selected by the Follower Trades are copied from the Trader’s account to the Follower’s account on the terms determined by the Trader in the set selected by the Follower. The copying terms are saved for a certain subscription when the Follower subscribes to the Trader. If the Trader changes the copying terms, the new conditions are applied only to the new subscriptions.

Appears in 1 contract

Samples: Copytrading System Use Agreement

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