Trading Account and Platform Sample Clauses

Trading Account and Platform. 1.4.1. The Company holds the right to deny and/or cancel transactions with any potential Client who does not have an account with the Company. The Client must be aware of the need to complete the registration form and to submit all the needed documents as soon as possible. 1.4.2. The Company shall provide the Client with a username, password, and account number in order to access his/her account. Any transaction made under the Client’s personal informa- tion will be considered as instruction/s authorized by the Client. In the event that fraudulent actions arise from the Client’s account or unauthorized personnel made dealings without the Client’s knowledge, he/she will be held responsible for the charges. 1.4.3. The provision of unclear and/or incorrect information by the Client will result to rejection of the registration or may delay the opening of the account. The Client must fill out the manda- tory sections of the registration form. 1.4.4. It is the Company’s sole discretion to reject an application and to close or suspend the Client’s Account without the need of an explanation or justification. 1.4.5. The Company is not obliged to open an account for any applicant. 1.4.6. This Agreement is applicable to the Company’s website and to the services provided to the Clients accordingly. However, other areas of the platform may have specific terms of use and/or access. 1.4.7. The Company exercises the right to limit the use and/or access of the Client to the plat- form as may be appropriate to preserve compliance with the Agreement. 1.4.8. The Company’s online trading platform is only available for the age 18 and above or oth- erwise the legal age applicable in the Client’s country. If the Client does not qualify or is unable to form legally binding contracts under the law/s applicable in the Client’s country or he/she is underage, the platform will not be accessible for the prospect Client. 1.4.9. The Client warrants that he/she will not, in any way, enter into an additional or separate agreement with the Company and/or any of the Company’s personnel or agents with regards to his/her trading account. Further to this, The Client acknowledges that any tax liability that may arise in connection to his/her trading account with the Company shall be his/her sole re- sponsibility. 1.4.10. The Client can assign to one of his First-Degree Relatives the right to execute trades using his/her account as long as the Client has given its written consent with regards to ...
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Related to Trading Account and Platform

  • Investment of Account Assets a. All contributions to the custodial account shall be invested in the shares of the Xxxxxxxx Funds or, if available, any other series of Xxxxxxxx Funds or other regulated investment companies for which Xxxxxxxx Xxxxxx Capital Management serves as Investment Advisor or designates as being eligible for investment. Shares of stock of an Investment Company shall be referred to as “Investment Company Shares”. To the extent that two or more funds are available for investment, contributions shall be invested in accordance with the depositor’s investment election. b. Each contribution to the custodial account shall identify the depositor’s account number and be accompanied by a signed statement directing the investment of that contribution. The Custodian may return to the depositor, without liability for interest thereon, any contribution which is not accompanied by adequate account identification or an appropriate signed statement directing investment of that contribution. c. Contributions shall be invested in whole and fractional Investment Company Shares at the price and in the manner such shares are offered to the public. All distributions received on Investment Company Shares held in the custodial account shall be reinvested in like shares. If any distribution of Investment Company Shares may be received in additional like shares or in cash or other property, the Custodian shall elect to receive such distribution in additional like Investment Company Shares. d. All Investment Company Shares acquired by the Custodian shall be registered in the name of the Custodian or its nominee. The depositor shall be the beneficial owner of all Investment Company Shares held in the custodial account. e. The Custodian agrees to forward to the depositor each prospectus, report, notice, proxy and related proxy soliciting materials applicable to Investment Company Shares held in the custodial account received by the Custodian. By establishing or having established the custodial account, the depositor affirmatively directs the Custodian to vote any Investment Company Shares held on the applicable record date that have not been voted by the depositor prior to a shareholder meeting for which prior notice has been given. The Custodian shall vote with the management of the Investment Company on each proposal that the Investment Company’s Board of Directors has approved unanimously. If the Investment Company’s Board of Directors has not approved a proposal unanimously, the Custodian shall vote in proportion to all shares voted by the Investment Company’s shareholders. f. The depositor may, at any time, by written notice to the Custodian, redeem any number of shares held in the custodial account and reinvest the proceeds in the shares of any other Investment Company. Such redemptions and reinvestments shall be done at the price and in the manner such shares are then being redeemed or offered by the respective Investment Companies.

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