Transaction given up to us for clearing. Subject to the Rules of any relevant Market, this clause applies where there is a give-up agreement between you, us and a third party executing broker, and the reference number or mnemonic applicable to you is quoted by such executing broker when a Transaction is submitted to us for clearing. In acting as your clearing broker we shall accept a Transaction given up to us for clearing only if we have agreed with you to clear Transactions of such a description and the acceptance thereof would not breach any position or other limits applicable to your account with us. Notwithstanding any provision contained in the relevant give-up agreement, if we accept such Transaction for clearing, such Transaction shall be binding and conclusive on you immediately on its acceptance for clearing by us whether or not the details of such Transaction have previously been confirmed to us by you. We shall not be liable to you for any losses, costs, expenses or damages arising from any discrepancy between details in your instructions to such executing broker and details of Transactions submitted to us for clearing. Any dispute relating to a Transaction given up or attempted to be given up to us for clearing shall be determined under applicable arbitration rules of the relevant Market.
Appears in 12 contracts
Samples: Professional Client Agreement, Eligible Counterparty Agreement, Professional Client Agreement
Transaction given up to us for clearing. Subject to the Rules of any relevant Market, this clause Clause 6.3.1 applies where there is a give-up agreement between you, us and a third party executing broker, and the reference number or mnemonic applicable to you is quoted by such executing broker when a Transaction is submitted to us for clearing. In acting as your clearing broker we shall accept a Transaction given up to us for clearing only if we have agreed with you to clear Transactions of such a description and the acceptance thereof would not breach any position or other limits applicable to your account with us. Notwithstanding any provision contained in the relevant give-up agreement, if we accept such Transaction for clearing, such Transaction shall be binding and conclusive on you immediately on its acceptance for clearing by us whether or not the details of such Transaction have previously been confirmed to us by you. We shall not be liable to you for any losses, costs, expenses or damages arising from any discrepancy between details in your instructions to such executing broker and details of Transactions submitted to us for clearing. Any dispute relating to a Transaction given up or attempted to be given up to us for clearing shall be determined under applicable arbitration rules of the relevant Market.
Appears in 3 contracts
Samples: www.triland.com, www.triland.com, www.triland.com
Transaction given up to us for clearing. Subject to the Rules of any relevant Market, this clause applies where there is a give-up giveup agreement between you, us and a third party thirdparty executing broker, and the reference number or mnemonic applicable to you is quoted by such executing broker when a Transaction is submitted to us for clearing. In acting as your clearing broker we shall accept a Transaction given up to us for clearing only if we have agreed with you to clear Transactions of such a description and the acceptance thereof would not breach any position or other limits applicable appli cable to your account with us. Notwithstanding any provision contained in the relevant give-up giveup agreement, if we accept such Transaction for clearing, such Transaction shall be binding and conclusive on you immediately on its acceptance for clearing by us whether or not the details of such Transaction have previously been confirmed to us by you. We shall not be liable to you for any losses, costs, expenses or damages arising from any discrepancy discrep ancy between details in your instructions to such executing broker and details of Transactions submitted to us for clearingclear ing. Any dispute relating to a Transaction given up or attempted to be given up to us for clearing shall be determined deter mined under applicable arbitration rules of the relevant Market.
Appears in 3 contracts
Samples: www.commerzbank.co.uk, www.commerzbank.co.uk, www.commerzbank.nl
Transaction given up to us for clearing. Subject to the Rules of any relevant Market, this clause applies where there is a give-up giveup agreement between you, us and a third party thirdparty executing broker, and the reference number num ber or mnemonic applicable to you is quoted by such executing execut ing broker when a Transaction is submitted to us for clearing. In acting as your clearing broker we shall accept a Transaction Transac tion given up to us for clearing only if we have agreed with you to clear Transactions of such a description and the acceptance thereof would not breach any position or other limits applicable to your account with us. Notwithstanding any provision contained in the relevant give-up giveup agreement, if we accept such Transaction for clearing, such Transaction shall be binding and conclusive on you immediately on its acceptance for clearing by us whether or not the details of such Transaction have previously been confirmed to us by you. We shall not be liable to you for any losses, costs, expenses or damages arising from any discrepancy between details in your instructions to such executing broker and details of Transactions submitted to us for clearing. Any dispute relating to a Transaction given up or attempted to be given up to us for clearing shall be determined under applicable arbitration rules of the relevant Market.
Appears in 3 contracts
Samples: www.commerzbank.co.uk, www.commerzbank.co.uk, www.commerzbank.at