Securities Orders Clause Samples

Securities Orders. 3.1 The services provided by FitVermogen are fully electronic. As a result of this, you can only place Securities Orders electronically (via the website). When doing so, you make use of the online forms prescribed by FitVer- mogen and must observe the corresponding instructions issued by FitVermogen. 3.2 If the FitVermogen account is held in two names (joint account), then both account holders can each transmit orders separately. 3.3 Immediately after receipt of your Securities Order, FitVermogen will record the date and time of receipt and the content of the Securities Order. This information is available to you online. FitVermogen will record in- structions, submissions and/or notifications on an information carrier and will store the recorded information for a period of seven years after the account has been closed. This information may be retained for longer if it is used as evidence in a possible dispute between you and FitVermogen. 3.4 FitVermogen will continually post the status of the Securities Order on the Website as part of the order pro- cess. The following statuses are then possible: – Registered: FitVermogen has received the Securities Order; – Pending: FitVermogen has determined that all the applicable requirements for the processing of the Securities Order have been fulfilled. FitVermogen will send the Securities Order to the Stock Exchange or – in the case of unlisted Securities – the relevant Issuing Institution at the earliest opportunity. Cancellation is no longer possible; – Executed: the Securities Order has been executed. – Cancelled: You cancelled the order yourself or the order was cancelled because no payment was made. 3.5 You are obliged to check immediately after receipt all confirmations, statements, invoices or other submis- sions issued digitally by FitVermogen which relate to instructions, notifications and/or submissions made by you. If you notice an irregularity or omission, you must report this as soon as possible to FitVermogen. If you have not disputed the content of confirmations, statements, invoices or other submissions issued by FitVer- mogen within two weeks after these are deemed to have reached you, the received documents will apply as having been approved by you. The record in FitVermogen’s administration and on the information carrier will serve as evidence. 3.6 FitVermogen will issue an order confirmation by email immediately after you have placed a Securities Order. FitVermogen will make a (digital) securitie...