Common use of TRADING AGENTS Clause in Contracts

TRADING AGENTS. 30.1. Customer acknowledges that should Customer choose to grant trading authority or control over Customer’s account to a third party ("Trading Agent"), whether on a discretionary or non- discretionary basis, Customer does so at its own risk. 30.2. Customer acknowledges that Infinex its subsidiaries, affiliates or agents shall in no way be responsible for reviewing Customer’s choice of such Trading Agent, or the actions taken by it, nor making any recommendations with respect thereto. 30.3. Customer acknowledges and understands: (i) That Infinex makes no warranties nor representations concerning any Trading Agent; and (ii) That Infinex its subsidiaries, affiliates or agents shall not be responsible for any loss to Customer occasioned by the actions of the Trading Agent; and (iii) That Infinex does not, by implication or otherwise, endorse or approve of the operating methods of the Trading Agent. 30.4. If a Customer chooses to grant trading authority or control over Customer’s account to a Trading Agent, Customer agrees to enter into a power of attorney agreement (‘POA’) with the Trading Agent to permit same, and to furnish the POA to Infinex. 30.5. Customer acknowledges that upon receipt of the POA, Infinex is authorized to follow the instructions of the Trading Agent in every respect until Infinex is notified in writing by the Customer that the POA is revoked or the POA has expired. The Customer authorizes Infinex to debit Customer’s Account in accordance with the terms agreed between Customer and Trading Agent and which are set out in the POA. 30.6. Customer acknowledges that the Trading Agent and many third-party vendors of trading systems, courses, programs, research or recommendations may not be regulated by a government agency. It is the Customer’s responsibility to perform necessary due diligence on the Trading Agent prior to using any of their services and to satisfy themselves of its competence and/or suitability to the Customer. 30.7. Customer acknowledges that it or the Trading Agent may elect to use an automated trading system. Customer acknowledges that Infinex does not take any responsibility for any such system. The Customer is aware of the volume of trading and resulting commissions that such systems may generate and the impact that this may have on the performance of the Account Customer accepts the risks associated with the use of computers and data feed systems, which may include, but are not limited to, failure of hardware, software or communication lines or systems and/or inaccurate external data feeds provided by third-party vendors and the Customer further agrees to hold Infinex harmless from any losses in the Account associated with these risks. Customer acknowledges that neither Infinex nor any of its officers, directors, vendors, employees, agents, associated persons or Infinex personnel will be liable for any such breakdown or failure. 30.8. Customer understands that by using a Trading Agent, Customer may incur a mark-up, above and beyond the ordinary spread generally provided by Infinex. Details of any such markup will be provided in the agreement between the Trading Agent and Customer. 30.9. Customer acknowledges that any decisions or actions taken by the Trading Agent on Customer’s behalf shall be deemed to have been taken by the Customer and any losses or gains generated by the Trading Agent’s action shall be for the Customer’s account. 30.10. Customer agrees to indemnify and hold Infinex, harmless from and against all liabilities, losses, damages, cost and expenses, including attorney's fees that arise directly or indirectly from the Trading Agent's management of the account, including, without limitation all actions, instructions or omissions by the Trading Agent. 30.11. The Customer acknowledges that the risk factor in trading CFDs is substantially high, and therefore the Customer further acknowledges that she/he should carefully consider trading through Infinex, whether through a Trading Agent or otherwise, if the Trader does not have capital, she/he can afford to lose.

Appears in 1 contract

Samples: Customer Agreement

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TRADING AGENTS. 30.1. 29.1 Customer acknowledges that should Customer choose to grant trading authority or control over Customer’s account to a third party ("Trading Agent"), whether on a discretionary or non- discretionary basis, Customer does so at its own risk. 30.2. 29.2 Customer acknowledges that Infinex CaptainFX its subsidiaries, affiliates or agents shall in no way be responsible for reviewing Customer’s choice of such Trading Agent, or the actions taken by it, nor making any recommendations with respect thereto. 30.3. 29.3 Customer acknowledges and understandsunderstand: (i) That Infinex CaptainFX makes no warranties nor representations concerning any Trading Agent; and, (ii) That Infinex CaptainFX its subsidiaries, affiliates or agents shall not be responsible for any loss to Customer occasioned by the actions of the Trading Agent; , and (iii) That Infinex CaptainFX does not, by implication or otherwise, endorse or approve of the operating methods of the Trading Agent. 30.4. 29.4 If a Customer chooses to grant trading authority or control over Customer’s account to a Trading Agent, Customer agrees to enter into a power of attorney agreement (‘POA’) with the Trading Agent to permit same, and to furnish the POA to InfinexCaptainFX. 30.5. 29.5 Customer acknowledges that upon receipt of the POA, Infinex CaptainFX is authorized authorised to follow the instructions of the Trading Agent in every respect until Infinex CaptainFX is notified in writing by the Customer that the POA is revoked or the POA has POAhas expired. The Customer authorizes Infinex authorises CaptainFX to debit Customer’s Account in accordance with the terms agreed between Customer and Trading Agent and which are set out in the POA. 30.6. 29.6 Customer acknowledges that the Trading Agent and many third-third party vendors of trading systems, courses, programs, research or recommendations may not be regulated by a government agency. It is the Customer’s responsibility to perform necessary due diligence on the Trading Agent prior to using any of their services and to satisfy themselves of its competence and/or suitability to the Customer. 30.7. 29.7 Customer acknowledges that it or the Trading Agent may elect to use an automated trading system. Customer acknowledges that Infinex CaptainFX does not take any responsibility for any such system. The Customer is aware of the volume of trading and resulting commissions that such systems may generate and the impact that this may have on the performance of the Account Customer accepts the risks associated with the use of computers and data feed systems, which may include, but are not limited to, failure of hardware, software or communication lines or systems and/or inaccurate external data feeds provided by third-party vendors and the Customer further agrees to hold Infinex CaptainFX harmless from any losses in the Account associated with these risks. Customer acknowledges that neither Infinex CaptainFX nor any of its officers, directors, vendors, employees, agents, associated persons or Infinex CaptainFX personnel will be liable for any such breakdown or failure. 30.8. 29.8 Customer understands that by using a Trading Agent, Customer may incur a markxxxx-up, above and beyond the ordinary spread generally provided by InfinexCaptainFX. Details of any such markup xxxx up will be provided in the agreement between the Trading Agent and Customer. 30.9. 29.9 Customer acknowledges that any decisions or actions taken by the Trading Agent on Customer’s behalf shall be deemed to have been taken by the Customer and any losses or gains generated by the Trading Agent’s action shall be for the Customer’s account. 30.10. 29.10 Customer agrees to indemnify and hold InfinexCaptainFX, harmless from and against all liabilities, losses, damages, cost and expenses, including attorney's fees that arise directly or indirectly from the Trading Agent's management of the account, including, without limitation all actions, instructions or omissions by the Trading Agent. 30.11. 29.11 The Customer acknowledges that the risk factor in trading foreign exchange, commodities, futures, Forex, CFDs and Spread Betting is substantially high, and therefore the Customer further acknowledges that she/he should carefully consider trading through InfinexCaptainFX, whether through a Trading Agent or otherwise, if the Trader does not have capital, capital she/he can afford to lose.

Appears in 1 contract

Samples: Customer Agreement

TRADING AGENTS. 30.1. 28.1 Customer acknowledges that should Customer choose to grant trading authority or control over Customer’s account to a third party ("Trading Agent"), whether on a discretionary or non- discretionary nondiscretionary basis, Customer does so at its own risk. 30.2. 28.2 Customer acknowledges that Infinex AstraFX its subsidiaries, affiliates or agents shall in no way be responsible for reviewing Customer’s choice of such Trading Agent, or the actions taken by it, nor making any recommendations with respect thereto. 30.3. 28.3 Customer acknowledges and understands: (i) That Infinex AstraFX makes no warranties nor representations concerning any Trading Agent; and, (ii) That Infinex AstraFX its subsidiaries, affiliates or agents shall not be responsible for any loss to Customer occasioned by the actions of the Trading Agent; , and (iii) That Infinex AstraFX does not, by implication or otherwise, endorse or approve of the operating methods of the Trading Agent. 30.4. 28.4 If a Customer chooses to grant trading authority or control over Customer’s account to a Trading Agent, Customer agrees to enter into a power of attorney agreement (‘POA’) with the Trading Agent to permit same, and to furnish the POA to InfinexAstraFX. 30.5. 28.5 Customer acknowledges that upon receipt of the POA, Infinex AstraFX is authorized authorised to follow the instructions of the Trading Agent in every respect until Infinex AstraFX is notified in writing by the Customer that the POA is revoked or the POA has expired. The Customer authorizes Infinex authorises AstraFX to debit Customer’s Account in accordance with the terms agreed between Customer and Trading Agent and which are set out in the POA. 30.6. 28.6 Customer acknowledges that the Trading Agent and many third-third party vendors of trading systems, courses, programs, research or recommendations may not be regulated by a government agency. It is the Customer’s responsibility to perform necessary due diligence on the Trading Agent prior to using any of their services and to satisfy themselves of its competence and/or suitability to the Customer. 30.7. 28.7 Customer acknowledges that it or the Trading Agent may elect to use an automated trading system. Customer acknowledges that Infinex AstraFX does not take any responsibility for any such system. The Customer is aware of the volume of trading and resulting commissions that such systems may generate and the impact that this may have on the performance of the Account Customer accepts the risks associated with the use of computers and data feed systems, which may include, but are not limited to, failure of hardware, software or communication lines or systems and/or inaccurate external data feeds provided by third-party vendors and the Customer further agrees to hold Infinex AstraFX harmless from any losses in the Account associated with these risks. Customer acknowledges that neither Infinex AstraFX nor any of its officers, directors, vendors, employees, agents, associated persons or Infinex AstraFX personnel will be liable for any such breakdown or failure. 30.8. 28.8 Customer understands that by using a Trading Agent, Customer may incur a markxxxx-up, above and beyond the ordinary spread generally provided by InfinexAstraFX. Details of any such markup xxxx up will be provided in the agreement between the Trading Agent and Customer. 30.9. 28.9 Customer acknowledges that any decisions or actions taken by the Trading Agent on Customer’s behalf shall be deemed to have been taken by the Customer and any losses or gains generated by the Trading Agent’s action shall be for the Customer’s account. 30.10. 28.10 Customer agrees to indemnify and hold InfinexAstraFX, harmless from and against all liabilities, losses, damages, cost and expenses, including attorney's fees that arise directly or indirectly from the Trading Agent's management of the account, including, without limitation all actions, instructions or omissions by the Trading Agent. 30.11. 28.11 The Customer acknowledges that the risk factor in trading CFDs foreign exchange, commodities, futures, Forex, CFDs, Options and Spread Betting is substantially high, and therefore the Customer further acknowledges that she/he should carefully consider trading through InfinexAstraFX, whether through a Trading Agent or otherwise, if the Trader does not have capital, capital she/he can afford to lose.

Appears in 1 contract

Samples: Customer Agreement

TRADING AGENTS. 30.1. 29.1 Customer acknowledges that should Customer choose to grant trading authority or control over Customer’s account to a third party ("Trading Agent"), whether on a discretionary or non- discretionary basis, Customer does so at its own risk. 30.2. 29.2 Customer acknowledges that Infinex Tradeska its subsidiaries, affiliates or agents shall in no way be responsible for reviewing Customer’s choice of such Trading Agent, or the actions taken by it, nor making any recommendations with respect thereto. 30.3. 29.3 Customer acknowledges and understandsunderstand: (i) That Infinex Tradeska makes no warranties nor representations concerning any Trading Agent; and, (ii) That Infinex Tradeska its subsidiaries, affiliates or agents shall not be responsible for any loss to Customer occasioned by the actions of the Trading Agent; , and (iii) That Infinex Tradeska does not, by implication or otherwise, endorse or approve of the operating methods of the Trading Agent. 30.4. 29.4 If a Customer chooses to grant trading authority or control over Customer’s account to a Trading Agent, Customer agrees to enter into a power of attorney agreement (‘POA’) with the Trading Agent to permit same, and to furnish the POA to InfinexTradeska. 30.5. 29.5 Customer acknowledges that upon receipt of the POA, Infinex Tradeska is authorized to follow the instructions of the Trading Agent in every respect until Infinex Tradeska is notified in writing by the Customer that the POA is revoked or the POA has expired. The Customer authorizes Infinex authorises Tradeska to debit Customer’s Account in accordance with the terms agreed between Customer and Trading Agent and which are set out in the POA. 30.6. 29.6 Customer acknowledges that the Trading Agent and many third-third party vendors of trading systems, courses, programs, research or recommendations may not be regulated by a government agency. It is the Customer’s responsibility to perform necessary due diligence on the Trading Agent prior to using any of their services and to satisfy themselves of its competence and/or suitability to the Customer. 30.7. 29.7 Customer acknowledges that it or the Trading Agent may elect to use an automated trading system. Customer acknowledges that Infinex Tradeska does not take any responsibility for any such system. The Customer is aware of the volume of trading and resulting commissions that such systems may generate and the impact that this may have on the performance of the Account Customer accepts the risks associated with the use of computers and data feed systems, which may include, but are not limited to, failure of hardware, software or communication lines or systems and/or inaccurate external data feeds provided by third-party vendors and the Customer further agrees to hold Infinex Tradeska harmless from any losses in the Account associated with these risks. Customer acknowledges that neither Infinex Tradeska nor any of its officers, directors, vendors, employees, agents, associated persons or Infinex Tradeska personnel will be liable for any such breakdown or failure. 30.8. 29.8 Customer understands that by using a Trading Agent, Customer may incur a markxxxx-up, above and beyond the ordinary spread generally provided by InfinexTradeska. Details of any such markup xxxx up will be provided in the agreement between the Trading Agent and Customer. 30.9. 29.9 Customer acknowledges that any decisions or actions taken by the Trading Agent on Customer’s behalf shall be deemed to have been taken by the Customer and any losses or gains generated by the Trading Agent’s action shall be for the Customer’s account. 30.10. 29.10 Customer agrees to indemnify and hold InfinexTradeska, harmless from and against all liabilities, losses, damages, cost and expenses, including attorney's fees that arise directly or indirectly from the Trading Agent's management of the account, including, without limitation all actions, instructions or omissions by the Trading Agent. 30.11. 29.11 The Customer acknowledges that the risk factor in trading foreign exchange, commodities, futures, Forex, CFDs and Spread Betting is substantially high, and therefore the Customer further acknowledges that she/he should carefully consider trading through InfinexTradeska, whether through a Trading Agent or otherwise, if the Trader does not have capital, capital she/he can afford to lose.

Appears in 1 contract

Samples: Customer Agreement

TRADING AGENTS. 30.1. 29.1 Customer acknowledges that should Customer choose to grant trading authority or control over Customer’s account to a third party ("Trading Agent"), whether on a discretionary or non- discretionary basis, Customer does so at its own risk. 30.2. 29.2 Customer acknowledges that Infinex FNory its subsidiaries, affiliates or agents shall in no way be responsible for reviewing Customer’s choice of such Trading Agent, or the actions taken by it, nor making any recommendations with respect thereto. 30.3. 29.3 Customer acknowledges and understandsunderstand: (i) That Infinex FNory makes no warranties nor representations concerning any Trading Agent; and, (ii) That Infinex FNory its subsidiaries, affiliates or agents shall not be responsible for any loss to Customer occasioned by the actions of the Trading Agent; , and (iii) That Infinex FNory does not, by implication or otherwise, endorse or approve of the operating methods of the Trading Agent. 30.4. 29.4 If a Customer chooses to grant trading authority or control over Customer’s account to a Trading Agent, Customer Xxxxxxxx agrees to enter into a power of attorney agreement (‘POA’) with the Trading Agent to permit same, and to furnish the POA to InfinexFNory. 30.5. 29.5 Customer acknowledges that upon receipt of the POA, Infinex FNory is authorized authorised to follow the instructions of the Trading Agent in every respect until Infinex FNory is notified in writing by the Customer that the POA is revoked or the POA has expired. The Customer authorizes Infinex authorises FNory to debit Customer’s Account in accordance with the terms agreed between Customer and Trading Agent and which are set out in the POA. 30.6. 29.6 Customer acknowledges that the Trading Agent and many third-third party vendors of trading systems, courses, programs, research or recommendations may not be regulated by a government agency. It is the Customer’s responsibility to perform necessary due diligence on the Trading Agent prior to using any of their services and to satisfy themselves of its competence and/or suitability to the Customer. 30.7. 29.7 Customer acknowledges that it or the Trading Agent may elect to use an automated trading system. Customer acknowledges that Infinex FNory does not take any responsibility for any such system. The Customer is aware of the volume of trading and resulting commissions that such systems may generate and the impact that this may have on the performance of the Account Customer accepts the risks associated with the use of computers and data feed systems, which may include, but are not limited to, failure of hardware, software or communication lines or systems and/or inaccurate external data feeds provided by third-third- party vendors and the Customer further agrees to hold Infinex FNory harmless from any losses in the Account associated with these risks. Customer acknowledges that neither Infinex FNory nor any of its officers, directors, vendors, employees, agents, associated persons or Infinex FNory personnel will be liable for any such breakdown or failure. 30.8. 29.8 Customer understands that by using a Trading Agent, Customer may incur a mark-up, above and beyond the ordinary spread generally provided by InfinexFNory. Details of any such markup mark up will be provided in the agreement between the Trading Agent and Customer. 30.9. 29.9 Customer acknowledges that any decisions or actions taken by the Trading Agent on Customer’s behalf shall be deemed to have been taken by the Customer and any losses or gains generated by the Trading Agent’s action shall be for the Customer’s account. 30.10. 29.10 Customer agrees to indemnify and hold InfinexFNory, harmless from and against all liabilities, losses, damages, cost and expenses, including attorney's fees that arise directly or indirectly from the Trading Agent's management of the account, including, without limitation all actions, instructions or omissions by the Trading Agent. 30.11. 29.11 The Customer acknowledges that the risk factor in trading foreign exchange, commodities, futures, Forex, CFDs and Spread Betting is substantially high, and therefore the Customer further acknowledges that she/he should carefully consider trading through InfinexFNory, whether through a Trading Agent or otherwise, if the Trader does not have capital, capital she/he can afford to lose.

Appears in 1 contract

Samples: Customer Agreement

TRADING AGENTS. 30.1. 29.1 Customer acknowledges that should Customer choose to grant trading authority or control over Customer’s account to a third party ("Trading Agent"), whether on a discretionary or non- discretionary nondiscretionary basis, Customer does so at its own risk. 30.2. 29.2 Customer acknowledges that Infinex Stone Cross its subsidiaries, affiliates or agents shall in no way be responsible for reviewing Customer’s choice of such Trading Agent, or the actions taken by it, nor making any recommendations with respect thereto. 30.3. 29.3 Customer acknowledges and understands: (i) That Infinex Stone Cross makes no warranties nor representations concerning any Trading Agent; and, (ii) That Infinex Stone Cross its subsidiaries, affiliates or agents shall not be responsible for any loss to Customer occasioned by the actions of the Trading Agent; , and (iii) That Infinex Stone Cross does not, by implication or otherwise, endorse or approve of the operating methods of the Trading Agent. 30.4. 29.4 If a Customer chooses to grant trading authority or control over Customer’s account to a Trading Agent, Customer agrees to enter into a power of attorney agreement (‘POA’) with the Trading Agent to permit same, and to furnish the POA to InfinexStone Cross. 30.5. 29.5 Customer acknowledges that upon receipt of the POA, Infinex Stone Cross is authorized authorised to follow the instructions of the Trading Agent in every respect until Infinex Stone Cross is notified in writing by the Customer that the POA is revoked or the POA has expired. The Customer authorizes Infinex authorises Stone Cross to debit Customer’s Account in accordance with the terms agreed between Customer and Trading Agent and which are set out in the POA. 30.6. 29.6 Customer acknowledges that the Trading Agent and many third-third party vendors of trading systems, courses, programs, research or recommendations may not be regulated by a government agency. It is the Customer’s responsibility to perform necessary due diligence on the Trading Agent prior to using any of their services and to satisfy themselves of its competence and/or suitability to the Customer. 30.7. 29.7 Customer acknowledges that it or the Trading Agent may elect to use an automated trading system. Customer acknowledges that Infinex Stone Cross does not take any responsibility for any such system. The Customer is aware of the volume of trading and resulting commissions that such systems may generate and the impact that this may have on the performance of the Account Customer accepts the risks associated with the use of computers and data feed systems, which may include, but are not limited to, failure of hardware, software or communication lines or systems and/or inaccurate external data feeds provided by third-party vendors and the Customer further agrees to hold Infinex Stone Cross harmless from any losses in the Account associated with these risks. Customer acknowledges that neither Infinex Stone Cross nor any of its officers, directors, vendors, employees, agents, associated persons or Infinex Stone Cross personnel will be liable for any such breakdown or failure. 30.8. 29.8 Customer understands that by using a Trading AgentAgent or automated trading system, Customer may incur a mark-up, above and beyond the ordinary spread generally provided by InfinexStone Cross. Details of any such markup mark up will be displayed in the spread on the client trading account using the automated system and/or provided in the agreement between the Trading Agent and Customer. 30.9. 29.9 Customer acknowledges that any decisions or actions taken by the Trading Agent on Customer’s behalf shall be deemed to have been taken by the Customer and any losses or gains generated by the Trading Agent’s action shall be for the Customer’s account. 30.10. 29.10 Customer agrees to indemnify and hold InfinexXxx, harmless from and against all liabilities, losses, damages, cost and expenses, including attorney's fees that arise directly or indirectly from the Trading Agent's management of the account, including, without limitation all actions, instructions or omissions by the Trading Agent. 30.11. 29.11 The Customer acknowledges that the risk factor in trading CFDs foreign exchange, commodities, futures, Forex, CFDs, Options and Spread Betting is substantially high, and therefore the Customer further acknowledges that she/he should carefully consider trading through InfinexStone Cross, whether through a Trading Agent or otherwise, if the Trader does not have capital, capital she/he can afford to lose.

Appears in 1 contract

Samples: Customer Agreement

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TRADING AGENTS. 30.1. 29.1 Customer acknowledges that should Customer choose to grant trading authority or control over Customer’s account to a third party ("Trading Agent"), whether on a discretionary or non- discretionary basis, Customer does so at its own risk. 30.2. 29.2 Customer acknowledges that Infinex FNory its subsidiaries, affiliates or agents shall in no way be responsible for reviewing Customer’s choice of such Trading Agent, or the actions taken by it, nor making any recommendations with respect thereto. 30.3. 29.3 Customer acknowledges and understandsunderstand: (i) That Infinex FNory makes no warranties nor representations concerning any Trading Agent; and, (ii) That Infinex FNory its subsidiaries, affiliates or agents shall not be responsible for any loss to Customer occasioned by the actions of the Trading Agent; , and (iii) That Infinex FNory does not, by implication or otherwise, endorse or approve of the operating methods of the Trading Agent. 30.4. 29.4 If a Customer chooses to grant trading authority or control over Customer’s account to a Trading Agent, Customer agrees to enter into a power of attorney agreement (‘POA’) with the Trading Agent to permit same, and to furnish the POA to InfinexFNory. 30.5. 29.5 Customer acknowledges that upon receipt of the POA, Infinex FNory is authorized authorised to follow the instructions of the Trading Agent in every respect until Infinex FNory is notified in writing by the Customer that the POA is revoked or the POA has expired. The Customer authorizes Infinex authorises FNory to debit Customer’s Account in accordance with the terms agreed between Customer and Trading Agent and which are set out in the POA. 30.6. 29.6 Customer acknowledges that the Trading Agent and many third-third party vendors of trading systems, courses, programs, research or recommendations may not be regulated by a government agency. It is the Customer’s responsibility to perform necessary due diligence on the Trading Agent prior to using any of their services and to satisfy themselves of its competence and/or suitability to the Customer. 30.7. 29.7 Customer acknowledges that it or the Trading Agent may elect to use an automated trading system. Customer acknowledges that Infinex FNory does not take any responsibility for any such system. The Customer is aware of the volume of trading and resulting commissions that such systems may generate and the impact that this may have on the performance of the Account Customer accepts the risks associated with the use of computers and data feed systems, which may include, but are not limited to, failure of hardware, software or communication lines or systems and/or inaccurate external data feeds provided by third-third- party vendors and the Customer further agrees to hold Infinex FNory harmless from any losses in the Account associated with these risks. Customer acknowledges that neither Infinex FNory nor any of its officers, directors, vendors, employees, agents, associated persons or Infinex FNory personnel will be liable for any such breakdown or failure. 30.8. 29.8 Customer understands that by using a Trading Agent, Customer may incur a markxxxx-up, above and beyond the ordinary spread generally provided by InfinexFNory. Details of any such markup xxxx up will be provided in the agreement between the Trading Agent and Customer. 30.9. 29.9 Customer acknowledges that any decisions or actions taken by the Trading Agent on Customer’s behalf shall be deemed to have been taken by the Customer and any losses or gains generated by the Trading Agent’s action shall be for the Customer’s account. 30.10. 29.10 Customer agrees to indemnify and hold InfinexFNory, harmless from and against all liabilities, losses, damages, cost and expenses, including attorney's fees that arise directly or indirectly from the Trading Agent's management of the account, including, without limitation all actions, instructions or omissions by the Trading Agent. 30.11. 29.11 The Customer acknowledges that the risk factor in trading foreign exchange, commodities, futures, Forex, CFDs and Spread Betting is substantially high, and therefore the Customer further acknowledges that she/he should carefully consider trading through InfinexFNory, whether through a Trading Agent or otherwise, if the Trader does not have capital, capital she/he can afford to lose.

Appears in 1 contract

Samples: Customer Agreement

TRADING AGENTS. 30.1. 29.1 Customer acknowledges that should Customer choose to grant trading authority or control over Customer’s account to a third party ("Trading Agent"), whether on a discretionary or non- discretionary nondiscretionary basis, Customer does so at its own risk. 30.2. 29.2 Customer acknowledges that Infinex Euro Next its subsidiaries, affiliates or agents shall in no way be responsible for reviewing Customer’s choice of such Trading Agent, or the actions taken by it, nor making any recommendations with respect thereto. 30.3. 29.3 Customer acknowledges and understands: (i) That Infinex Euro Next makes no warranties nor representations concerning any Trading Agent; and, (ii) That Infinex Euro Next its subsidiaries, affiliates or agents shall not be responsible for any loss to Customer occasioned by the actions of the Trading Agent; , and (iii) That Infinex Euro Next does not, by implication or otherwise, endorse or approve of the operating methods of the Trading Agent. 30.4. 29.4 If a Customer chooses to grant trading authority or control over Customer’s account to a Trading Agent, Customer Xxxxxxxx agrees to enter into a power of attorney agreement (‘POA’) with the Trading Agent to permit same, and to furnish the POA to InfinexEuro Next. 30.5. 29.5 Customer acknowledges that upon receipt of the POA, Infinex Euro Next is authorized authorised to follow the instructions of the Trading Agent in every respect until Infinex Euro Next is notified in writing by the Customer that the POA is revoked or the POA has expired. The Customer authorizes Infinex authorises Euro Next to debit Customer’s Account in accordance with the terms agreed between Customer and Trading Agent and which are set out in the POA. 30.6. 29.6 Customer acknowledges that the Trading Agent and many third-third party vendors of trading systems, courses, programs, research or recommendations may not be regulated by a government agency. It is the Customer’s responsibility to perform necessary due diligence on the Trading Agent prior to using any of their services and to satisfy themselves of its competence and/or suitability to the Customer. 30.7. 29.7 Customer acknowledges that it or the Trading Agent may elect to use an automated trading system. Customer acknowledges that Infinex Euro Next does not take any responsibility for any such system. The Customer is aware of the volume of trading and resulting commissions that such systems may generate and the impact that this may have on the performance of the Account Customer accepts the risks associated with the use of computers and data feed systems, which may include, but are not limited to, failure of hardware, software or communication lines or systems and/or inaccurate external data feeds provided by third-party vendors and the Customer further agrees to hold Infinex Euro Next harmless from any losses in the Account associated with these risks. Customer acknowledges that neither Infinex Euro Next nor any of its officers, directors, vendors, employees, agents, associated persons or Infinex Euro Next personnel will be liable for any such breakdown or failure. 30.8. 29.8 Customer understands that by using a Trading AgentAgent or automated trading system, Customer may incur a mark-up, above and beyond the ordinary spread generally provided by InfinexEuro Next. Details of any such markup mark up will be displayed in the spread on the client trading account using the automated system and/or provided in the agreement between the Trading Agent and Customer. 30.9. 29.9 Customer acknowledges that any decisions or actions taken by the Trading Agent on Customer’s behalf shall be deemed to have been taken by the Customer and any losses or gains generated by the Trading Agent’s action shall be for the Customer’s account. 30.10. 29.10 Customer agrees to indemnify and hold InfinexXxx, harmless from and against all liabilities, losses, damages, cost and expenses, including attorney's fees that arise directly or indirectly from the Trading Agent's management of the account, including, without limitation all actions, instructions or omissions by the Trading Agent. 30.11. 29.11 The Customer acknowledges that the risk factor in trading CFDs foreign exchange, commodities, futures, Forex, CFDs, Options and Spread Betting is substantially high, and therefore the Customer further acknowledges that she/he should carefully consider trading through InfinexEuro Next, whether through a Trading Agent or otherwise, if the Trader does not have capital, capital she/he can afford to lose.

Appears in 1 contract

Samples: Customer Agreement

TRADING AGENTS. 30.1. 29.1 Customer acknowledges that should Customer choose to grant trading authority or control over Customer’s account to a third party ("Trading Agent"), whether on a discretionary or non- discretionary basis, Customer does so at its own risk. 30.2. 29.2 Customer acknowledges that Infinex FNory its subsidiaries, affiliates or agents shall in no way be responsible for reviewing Customer’s choice of such Trading Agent, or the actions taken by it, nor making any recommendations with respect thereto. 30.3. 29.3 Customer acknowledges and understandsunderstand: (i) That Infinex FNory makes no warranties nor representations concerning any Trading Agent; and, (ii) That Infinex FNory its subsidiaries, affiliates or agents shall not be responsible for any loss to Customer occasioned by the actions of the Trading Agent; , and (iii) That Infinex FNory does not, by implication or otherwise, endorse or approve of the operating methods of the Trading Agent. 30.4. 29.4 If a Customer chooses to grant trading authority or control over Customer’s account to a Trading Agent, Customer Xxxxxxxx agrees to enter into a power of attorney agreement (‘POA’) with the Trading Agent to permit same, and to furnish the POA to InfinexFNory. 30.5. 29.5 Customer acknowledges that upon receipt of the POA, Infinex FNory is authorized authorised to follow the instructions of the Trading Agent in every respect until Infinex FNory is notified in writing by the Customer that the POA is revoked or the POA has expired. The Customer authorizes Infinex authorises FNory to debit Customer’s Account in accordance with the terms agreed between Customer and Trading Agent and which are set out in the POA. 30.6. 29.6 Customer acknowledges that the Trading Agent and many third-third party vendors of trading systems, courses, programs, research or recommendations may not be regulated by a government agency. It is the Customer’s responsibility to perform necessary due diligence on the Trading Agent prior to using any of their services and to satisfy themselves of its competence and/or suitability to the Customer. 30.7. 29.7 Customer acknowledges that it or the Trading Agent may elect to use an automated trading system. Customer acknowledges that Infinex FNory does not take any responsibility for any such system. The Customer is aware of the volume of trading and resulting commissions that such systems may generate and the impact that this may have on the performance of the Account Customer accepts the risks associated with the use of computers and data feed systems, which may include, but are not limited to, failure of hardware, software or communication lines or systems and/or inaccurate external data feeds provided by third-third- party vendors and the Customer further agrees to hold Infinex FNory harmless from any losses in the Account associated with these risks. Customer acknowledges that neither Infinex FNory nor any of its officers, directors, vendors, employees, agents, associated persons or Infinex FNory personnel will be liable for any such breakdown or failure. 30.8. Customer understands that by using a 29.8 Customerunderstandsthatbyusinga Trading Agent, Customer may incur a markCustomermayincuramark-up, above and beyond the ordinary spread generally provided by InfinexFNory. Details of any such markup mark up will be provided in the agreement between the Trading Agent and Customer. 30.9. 29.9 Customer acknowledges that any decisions or actions taken by the Trading Agent on Customer’s behalf shall be deemed to have been taken by the Customer and any losses or gains generated by the Trading Agent’s action shall be for the Customer’s account. 30.10. 29.10 Customer agrees to indemnify and hold InfinexFNory, harmless from and against all liabilities, losses, damages, cost and expenses, including attorney's fees that arise directly or indirectly from the Trading Agent's management of the account, including, without limitation all actions, instructions or omissions by the Trading Agent. 30.11. 29.11 The Customer acknowledges that the risk factor in trading foreign exchange, commodities, futures, Forex, CFDs and Spread Betting is substantially high, and therefore the Customer further acknowledges that she/he should carefully consider trading through InfinexFNory, whether through a Trading Agent or otherwise, if the Trader does not have capital, capital she/he can afford to lose.

Appears in 1 contract

Samples: Customer Agreement

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