Common use of TRADING AGENTS Clause in Contracts

TRADING AGENTS. 29.1 Customer understands that should Customer grant trading control or authority over Customer’s account to a third party ("Trading Agent"), whether at a discretionary level or non-discretionary level, Customer does so at its own risk, 29.2 Customer understands that VirtuFinance its agents, subsidiaries or affiliates shall, by no means be held accountable for evaluating Customer’s selection of such Trading Agent, or the decisions made by it, nor give any advice with respect thereto. 29.3 Customer understands and acknowledges: (i) That VirtuFinance makes no representations or warranties regarding any TradingAgent, (ii) That VirtuFinance its agents, subsidiaries or affiliates shall not be held accountablefor any loss to Customer caused by the decisions of the Trading Agent; and(iii) That VirtuFinance, by implication or otherwise, makes no endorsement or approvalof the Trading Agent’s methods of operation. 29.4 If a Customer decides to grant trading control or authority over Xxxxxxxx’s account to a Trading Agent, Customer consents to entering into a power of attorney agreement (‘POA’) with the Trading Agent to allow same, and to appoint the POA to VirtuFinance. 29.5 Customer understands that upon receiving the POA, VirtuFinance is authorized to carry out the Trading Agent’s instructions in every regard until VirtuFinance is informed by the Customer in writing that the POA has expired or has been revoked. Authorization is given by Customer to VirtuFinance to debit Customer’s account in compliance with the terms agreed upon by Customer with the Trading Agent and which are outlined in the POA. 29.6 Customer understands that the Trading Agent and many third party vendors of programs, courses, trading systems, research or recommendations may not be under regulation by a government agency. The Customer is responsible for conducting required due diligence on the Trading Agent before the use of any of their services and to be satisfied with its capabilities and/or appropriateness for the Customer. 29.7 Customer understands that it or the Trading Agent may decide on using an automated trading system. Customer understands that VirtuFinance is not held accountable for any such system. The customer is informed of the trading volume and consequential commissions that such systems may produce and the effect that this may have on Customer’s account performance. Customer acknowledges the risks involved in using data feed systems and computers, including, but without limitation, malfunctioning of software, hardware, systems or communication lines and/or unreliable external data feeds supplied by third-party vendorsand the Customer additionally consents to hold VirtuFinance safe from any account losses resulting from these risks. Customer understands that neither VirtuFinance nor any of its agents, vendors, officers, directors, associated persons, employees or VirtuFinance personnel will be held responsible for any such malfunction or fault. 29.8 Customer acknowledges that the use of a Trading Agent may incur a markup, greater than the regular spread typically provided by VirtuFinance Specifics of any such markup willbe accessible in the terms agreed upon by the Trading Agent with Customer. 29.9 Customer understands that any action taken or decision made by the Trading Agent on behalf of Customer shall be considered as being that of the Customer and any gains or losses produced by the Trading Agent’s action shall affect the Customer’s account respectively. 29.10 Customer consents to indemnify and to hold VirtuFinance Group, safe from all damages, losses, liabilities, costs and expenses, which includes attorney's fees that are directly or indirectly incurred by the Trading Agent's managing of the account, which comprises of, but not limited to, all omissions, actions or instructions by the Trading Agent. 29.11 The Customer understands that there is a very high risk factor involved in the trading of commodities, foreign exchange, futures, CFDs, Forex and therefore, the Customer also understands that he/she should be considerate and cautious before trading through VirtuFinance, whether through the use of a Trading Agent orotherwise, in case he/she lacks the spare capital that he/she can afford to lose.

TRADING AGENTS. 29.1 Customer understands that should Customer grant trading control or authority over Customer’s account to a third party ("Trading Agent"), whether at a discretionary level or non-non- discretionary level, Customer does so at its own risk, 29.2 Customer understands that VirtuFinance Nab Europe its agents, subsidiaries or affiliates shall, by no means be held accountable for evaluating Customer’s selection of such Trading Agent, or the decisions made by it, nor give any advice with respect thereto. 29.3 Customer understands and acknowledges: (i) That VirtuFinance Nab Europe makes no representations or warranties regarding any TradingAgentTrading Agent, (ii) That VirtuFinance Nab Europe its agents, subsidiaries or affiliates shall not be held accountablefor accountable for any loss to Customer caused by the decisions of the Trading Agent; and(iiiand (iii) That VirtuFinanceNab Europe, by implication or otherwise, makes no endorsement or approvalof approval of the Trading Agent’s methods of operation. 29.4 If a Customer decides to grant trading control or authority over XxxxxxxxCustomer’s account to a Trading Agent, Customer consents to entering into a power of attorney agreement (‘POA’) with the Trading Agent to allow same, and to appoint the POA to VirtuFinanceNab Europe. 29.5 Customer understands that upon receiving the POA, VirtuFinance Nab Europe is authorized to carry out the Trading Agent’s instructions in every regard until VirtuFinance Nab Europe is informed by the Customer in writing that the POA has expired or has been revoked. Authorization is given by Customer to VirtuFinance Nab Europe to debit Customer’s account in compliance with the terms agreed upon by Customer with the Trading Agent and which are outlined in the POA. 29.6 Customer understands that the Trading Agent and many third party vendors of programs, courses, trading systems, research or recommendations may not be under regulation by a government agency. The Customer is responsible for conducting required due diligence on the Trading Agent before the use of any of their services and to be satisfied with its capabilities and/or appropriateness for the Customer. 29.7 Customer understands that it or the Trading Agent may decide on using an automated trading system. Customer understands that VirtuFinance Nab Europe is not held accountable for any such system. The customer is informed of the trading volume and consequential commissions that such systems may produce and the effect that this may have on Customer’s account performance. Customer acknowledges the risks involved in using data feed systems and computers, including, but without limitation, malfunctioning of software, hardware, systems or communication lines and/or unreliable external data feeds supplied by third-party vendorsand vendors and the Customer additionally consents to hold VirtuFinance Nab Europe safe from any account losses resulting from these risks. Customer understands that neither VirtuFinance Nab Europe nor any of its agents, vendors, officers, directors, associated persons, employees or VirtuFinance Nab Europe personnel will be held responsible for any such malfunction or fault. 29.8 Customer acknowledges that the use of a Trading Agent may incur a markup, greater than the regular spread typically provided by VirtuFinance Nab Europe Specifics of any such markup willbe will be accessible in the terms agreed upon by the Trading Agent with Customer. 29.9 Customer understands that any action taken or decision made by the Trading Agent on behalf of Customer shall be considered as being that of the Customer and any gains or losses produced by the Trading Agent’s action shall affect the Customer’s account respectively. 29.10 Customer consents to indemnify and to hold VirtuFinance Nab Europe Group, safe from all damages, losses, liabilities, costs and expenses, which includes attorney's fees that are directly or indirectly incurred by the Trading Agent's managing of the account, which comprises of, but not limited to, all omissions, actions or instructions by the Trading Agent. 29.11 The Customer understands that there is a very high risk factor involved in the trading of commodities, foreign exchange, futures, CFDs, Forex and therefore, the Customer also understands that he/she should be considerate and cautious before trading through VirtuFinanceNab Europe, whether through the use of a Trading Agent orotherwise, in case he/she lacks the spare capital that he/she can afford to lose.

TRADING AGENTS. 29.1 Customer understands that should Customer grant trading control or authority over Customer’s account to a third party ("Trading Agent"), whether at a discretionary level or non-non- discretionary level, Customer does so at its own risk, 29.2 Customer understands that VirtuFinance its agents, subsidiaries or affiliates shall, by no means be held accountable for evaluating Customer’s selection of such Trading Agent, or the decisions made by it, nor give any advice with respect thereto. 29.3 Customer understands and acknowledges: (i) That VirtuFinance makes no representations or warranties regarding any TradingAgent, (ii) That VirtuFinance its agents, subsidiaries or affiliates shall not be held accountablefor any loss to Customer caused by the decisions of the Trading Agent; and(iii) That VirtuFinance, by implication or otherwise, makes no endorsement or approvalof the Trading Agent’s methods of operation. 29.4 If a Customer decides to grant trading control or authority over XxxxxxxxCustomer’s account to a Trading Agent, Customer consents to entering into a power of attorney agreement (‘POA’) with the Trading Agent to allow same, and to appoint the POA to VirtuFinance. 29.5 Customer understands that upon receiving the POA, VirtuFinance is authorized to carry out the Trading Agent’s instructions in every regard until VirtuFinance is informed by the Customer in writing that the POA has expired or has been revoked. Authorization is given by Customer to VirtuFinance to debit Customer’s account in compliance with the terms agreed upon by Customer with the Trading Agent and which are outlined in the POA. 29.6 Customer understands that the Trading Agent and many third party vendors of programs, courses, trading systems, research or recommendations may not be under regulation by a government agency. The Customer is responsible for conducting required due diligence on the Trading Agent before the use of any of their services and to be satisfied with its capabilities and/or appropriateness for the Customer. 29.7 Customer understands that it or the Trading Agent may decide on using an automated trading system. Customer understands that VirtuFinance is not held accountable for any such system. The customer is informed of the trading volume and consequential commissions that such systems may produce and the effect that this may have on Customer’s account performance. Customer acknowledges the risks involved in using data feed systems and computers, including, but without limitation, malfunctioning of software, hardware, systems or communication lines and/or unreliable external data feeds supplied by third-party vendorsand the Customer additionally consents to hold VirtuFinance safe from any account losses resulting from these risks. Customer understands that neither VirtuFinance nor any of its agents, vendors, officers, directors, associated persons, employees or VirtuFinance personnel will be held responsible for any such malfunction or fault. 29.8 Customer acknowledges that the use of a Trading Agent may incur a markup, greater than the regular spread typically provided by VirtuFinance Specifics of any such markup willbe accessible in the terms agreed upon by the Trading Agent with Customer. 29.9 Customer understands that any action taken or decision made by the Trading Agent on behalf of Customer shall be considered as being that of the Customer and any gains or losses produced by the Trading Agent’s action shall affect the Customer’s account respectively. 29.10 Customer consents to indemnify and to hold VirtuFinance Group, safe from all damages, losses, liabilities, costs and expenses, which includes attorney's fees that are directly or indirectly incurred by the Trading Agent's managing of the account, which comprises of, but not limited to, all omissions, actions or instructions by the Trading Agent. 29.11 The Customer understands that there is a very high risk factor involved in the trading of commodities, foreign exchange, futures, CFDs, Forex and therefore, the Customer also understands that he/she should be considerate and cautious before trading through VirtuFinance, whether through the use of a Trading Agent orotherwise, in case he/she lacks the spare capital that he/she can afford to lose.

TRADING AGENTS. 29.1 Customer understands that should Customer grant trading control or authority over Customer’s account to a third party ("Trading Agent"), whether at a discretionary level or non-non- discretionary level, Customer does so at its own risk, 29.2 Customer understands that VirtuFinance its agents, subsidiaries or affiliates shall, by no means be held accountable for evaluating Customer’s selection of such Trading Agent, or the decisions made by it, nor give any advice with respect thereto. 29.3 Customer understands and acknowledges: (i) That VirtuFinance makes no representations or warranties regarding any TradingAgent, (ii) That VirtuFinance its agents, subsidiaries or affiliates shall not be held accountablefor any loss to Customer caused by the decisions of the Trading Agent; and(iii) That VirtuFinance, by implication or otherwise, makes no endorsement or approvalof the Trading Agent’s methods of operation. 29.4 If a Customer decides to grant trading control or authority over Xxxxxxxx’s account to a Trading Agent, Customer consents to entering into a power of attorney agreement (‘POA’) with the Trading Agent to allow same, and to appoint the POA to VirtuFinance. 29.5 Customer understands that upon receiving the POA, VirtuFinance is authorized to carry out the Trading Agent’s instructions in every regard until VirtuFinance is informed by the Customer in writing that the POA has expired or has been revoked. Authorization is given by Customer to VirtuFinance to debit Customer’s account in compliance with the terms agreed upon by Customer with the Trading Agent and which are outlined in the POA. 29.6 Customer understands that the Trading Agent and many third party vendors of programs, courses, trading systems, research or recommendations may not be under regulation by a government agency. The Customer is responsible for conducting required due diligence on the Trading Agent before the use of any of their services and to be satisfied with its capabilities and/or appropriateness for the Customer. 29.7 Customer understands that it or the Trading Agent may decide on using an automated trading system. Customer understands that VirtuFinance is not held accountable for any such system. The customer is informed of the trading volume and consequential commissions that such systems may produce and the effect that this may have on Customer’s account performance. Customer acknowledges the risks involved in using data feed systems and computers, including, but without limitation, malfunctioning of software, hardware, systems or communication lines and/or unreliable external data feeds supplied by third-party vendorsand the Customer additionally consents to hold VirtuFinance safe from any account losses resulting from these risks. Customer understands that neither VirtuFinance nor any of its agents, vendors, officers, directors, associated persons, employees or VirtuFinance personnel will be held responsible for any such malfunction or fault. 29.8 Customer acknowledges that the use of a Trading Agent may incur a markup, greater than the regular spread typically provided by VirtuFinance Specifics of any such markup willbe accessible in the terms agreed upon by the Trading Agent with Customer. 29.9 Customer understands that any action taken or decision made by the Trading Agent on behalf of Customer shall be considered as being that of the Customer and any gains or losses produced by the Trading Agent’s action shall affect the Customer’s account respectively. 29.10 Customer consents to indemnify and to hold VirtuFinance Group, safe from all damages, losses, liabilities, costs and expenses, which includes attorney's fees that are directly or indirectly incurred by the Trading Agent's managing of the account, which comprises of, but not limited to, all omissions, actions or instructions by the Trading Agent. 29.11 The Customer understands that there is a very high risk factor involved in the trading of commodities, foreign exchange, futures, CFDs, Forex and therefore, the Customer also understands that he/she should be considerate and cautious before trading through VirtuFinance, whether through the use of a Trading Agent orotherwise, in case he/she lacks the spare capital that he/she can afford to lose.