Trader selection policy Sample Clauses

Trader selection policy. Since 1 November 2007, in application of the EU Directive on Markets in Financial Instruments (MiFID), the provision of investment services has been governed by new legal and regulatory provisions. Within the context of its order reception-transmission service provided for its customers, Société Générale is bound by an "obligation of due care" as to the ‘best selection’ of traders to whom it sends customers' orders for execution. The purpose of this obligation is to provide customers with the best possibility result when their orders are executed by the traders. For this purpose, Société Générale has drawn up this trader selection policy. Société Générale acts with all the necessary competence, care and diligence for the selection and appointment of traders. In particular, it takes into account the expertise and reputation of the trader in question on the market, as well as all legal, statutory and practical requirements on the market. Société Générale only selects traders who undertake to take all reasonable measures to obtain, in most cases and on the basis of the criteria defined below, the best possible result for the processing and execution of its customers' orders: Securities listed for trading on the Euronext Paris, Amsterdam and Brussels markets: Upon receipt of an order from a Customer concerning a Security listed for trading in euros on the Euronext Paris, Amsterdam and Brussels markets, the order is immediately recorded by Société Générale and sent as soon as possible to one of the following traders: - Société Générale Securities Paris, - Xxxxxxx Xxxxxx, - Xxxx, Société Générale has selected these traders as they take all reasonable measures to obtain the best possible result, taking into account the following criteria: - primarily, the total cost, - secondarily, the speed and probability of execution of the order. The total cost means the price of the financial instrument, plus the various costs relating to execution of the order, including commission, costs applicable at the place of execution, clearing and settlement expenses and all other costs which may be paid to third parties involved in the execution of the order. The main markets on which these traders operate are: - the Euronext Paris markets: regulated market, Alternext, non-regulated market, - the Euronext Brussels markets, - the Euronext Amsterdam markets, Securities listed for trading on other markets or quoted in a foreign currency: Upon receipt of an order from a Customer concer...
Sample 1
AutoNDA by SimpleDocs

Related to Trader selection policy

  • Distribution Policy Notwithstanding any other provision of this Agreement, distributions will be made only to Member(s) with positive Adjusted Capital Account Balances (calculated following all allocations for the period ending immediately prior to the distribution) and then to each such Member only to the extent of such Member’s positive Adjusted Capital Account Balance.

  • Vacation Policy The Executive shall be entitled to a paid vacation of four weeks during each year of the Term.

  • NO LEMON POLICY This Agreement provides that following the expiration of the term of the Covered Product’s manufacturer’s warranty, and subject to Our Limit of Liability, after three (3) service repairs have been completed for the Covered Product for the same problem, as determined in Our sole discretion, in lieu of performing a fourth (4th) repair on the Covered Product, We may replace it with a product of like kind or similar features, or issue a check to You in an amount not to exceed the remaining limit of liability as determined in accordance with the section titled “LIMIT OF LIABILITY.” If We replace the Covered Product, all Our obligations for the Covered Product under this Agreement terminate.

  • Cancellation Policy In the event that you must cancel your reservation, please be aware that cancellations must occur at least 30 days prior to the arrival date. If cancellation occurs 30 days or more prior to arrival date all monies will be refunded with the exception of a $100.00 administrative fee.

  • Credit and Collection Policy The Servicer has complied in all material respects with the Credit and Collection Policy with regard to each Pool Receivable and the related Contracts.

  • Competition Policy 1. The Parties recognize the importance of cooperation and technical assistance between their national competition authorities, including inter alia, the exchange of information and experiences, and the improvement of technical capacities in order to reinforce their competition policies. 2. In this sense, cooperation shall be conducted in accordance with their respective domestic laws and through their national competition authorities, who may sign a cooperation agreement.

  • Credit and Collection Policies Comply in all material respects with its Credit and Collection Policy in connection with the Receivables that it generates and all Contracts and other agreements related thereto.

  • Union Policy Grievance The Union may institute a grievance consisting of an allegation of a general misinterpretation or a violation by the Employer of this Agreement in writing at Step Number 2 of the grievance procedure, providing that it is presented within ten (10) working days after the circumstances giving rise to the grievance have originated or occurred. However, it is expressly understood that the provisions of this clause may not be used to institute a grievance directly affecting an employee or employees which such employee or employees could themselves initiate as an individual or group grievance and the regular grievance procedure shall not be thereby bypassed.

  • Return Policy Subject to the requirements of this Agreement, Customer may return standard Hardware and Software within thirty (30) days of the invoice date. NI reserves the right to charge Customer a fifteen percent (15%) restocking fee for any Products returned to NI. No returns will be accepted after the thirty (30) day period has expired. A Return Material Authorization (RMA) number is required for Customer to return any Products. Acceptance of returns of customized Products and Non-NI Branded Products is in the sole discretion of NI.

  • Change in Credit and Collection Policy At least thirty (30) days prior to the effectiveness of any material change in or material amendment to the Credit and Collection Policy, a copy of the Credit and Collection Policy then in effect and a notice (A) indicating such change or amendment, and (B) if such proposed change or amendment would be reasonably likely to adversely affect the collectibility of the Receivables or decrease the credit quality of any newly created Receivables, requesting the Agent's consent thereto.

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