Transactions and Settlements. All customer orders for the purchase or sale of securities and other property will be executed with the understanding that an actual purchase or sale is intended and that it is the Customer’s intention and obligation to deliver securities or the necessary funds by settlement date.
Transactions and Settlements. 4.1 All orders for purchase, sale or other dealings in securities and other instructions routed through the Trading Member’s ITORS System via the Client’s Username shall be deemed to have been given by the Client.
4.2 The orders and instructions and all contracts and transactions entered into pursuant thereto and the settlement thereof will be in accordance with the Exchange Provisions.
4.3 The Trading Member may from time to time impose and vary limits on the orders which the Client can place through the Trading Member’s ITORS System (including exposure limits, turnover limits, limits as to the number, value and/or kind of securities in respect of which orders can be placed, the companies in respect of whose securities orders can be placed, etc.). The Client is aware and agrees that the Trading Member may need to vary or reduce the limits or impose new limits urgently on the basis of the Trading Member’s risk perception and other factors considered relevant by the Trading Member, and the Trading Member may be unable to inform the Client of such variation, reduction or imposition in advance. The Client agrees that the Trading Member shall not be responsible for such variation, reduction or imposition or the Client’s inability to route any order through the Trading Member’s ITORS System on account of any such variation, reduction or imposition of limits. The Client understands and agrees that the Trading Member may at any time, at its sole discretion and without prior notice, prohibit or restrict the Client’s ability to place orders or trade in securities through the Trading Member.
4.4 Though orders will generally be routed to the Exchange’s computer systems within a few seconds from the time the order is placed by the Client on the Trading Member’s ITORS System, the Trading Member shall not be liable for any delay in the execution of any order or for any resultant loss on account of the delay.
4.5 The Client agrees that the Trading Member may, at its sole discretion, subject any order placed by a Client to manual review and entry, which may cause delays in the processing of the Client’s order or may result in rejection of such order.
4.6 In case of a market order, the Client agrees that he will receive the price at which his order is executed by the exchange’s computer system; and such price may be different from the price at which the security is trading when his order is entered into the Trading Member’s ITORS System.
Transactions and Settlements. All transactions through BB&T Securities will be done only on Your order, or the order of Your authorized agent, except as otherwise described in this Account Agreement. You authorize BB&T Securities, in its sole discretion, to accept orders from Your spouse as your authorized agent for Your individual account, unless, in writing, You direct BB&T Securities not to do so. BB&T Securities may, in its sole discretion, also reject any order from Your spouse for Your individual account. In addition, You may give one or more agents trading authorization by submitting a written designation in a form acceptable to BB&T Securities. Your agent agrees to comply with all the terms and conditions of this Account Agreement. In the event BB&T Securities receives conflicting instructions from You and Your agent, BB&T Securities may proceed pursuant to the section entitled “Conflicting Instructions” under “Joint Accounts.” You and Your Agent agree to indemnify and hold harmless BB&T Securities from any damage or cost BB&T Securities incurs as a result of following the instruction of You or Your agent. In the event that indemnification is insufficient, You and Your agent hereby give BB&T Securities a right of contribution from You and Your agent. BB&T Securities may, in its sole discretion, refuse any order for any reason. Your only remedy in such event is to close or transfer Your account. You understand that You are responsible for transmission of instructions to BB&T Securities and that You bear the risk of loss arising from the method of transmission that You use in the event of transmission errors, misunderstandings, impersonations, transmission by unauthorized persons, or forgery. You agree to release and indemnify BB&T Securities, its affiliates, employees, and directors from any and all liability arising from the execution of transactions based on such instructions except if the gross negligence of BB&T Securities caused the transmission error.
Transactions and Settlements. All orders for the purchase and sale of any property will be given by me and executed with the distinct understanding that an actual purchase or sale is intended and that it is my intention and obligation in every case to deliver property to cover any and all sales and in the case of purchases to receive and pay for property that I will do so upon your demand. In case you make a short sale of any property at my direction or in case I fail to deliver to you any property which you have sold at my direction, you are authorized to borrow the property necessary to enable you to make delivery to the purchaser and I agree to be responsible for the cost or loss you may incur, or the cost of obtaining the property if you are unable to borrow it. No settlement of my account(s) may occur without your first receiving all property for which the account is short and all property in which the account(s) are long being paid for in full and the property then delivered. You and your correspondents are my constituted agents to complete all such transactions and are authorized to make advances and expend monies as are required.
Transactions and Settlements. All orders for the purchase or sale of securities and other property will be authorized by the Customer and executed with the understanding that an actual purchase or sale is intended and that it is the Customer’s intention and obligation in every case to deliver certificates or commodities to cover any and all sales or to pay for any purchase upon the Broker’s demand. If the Broker makes a short sale of any securities and other property at the Customer’s direction or if the Customer fails to deliver to the Broker any securities and other property that the Broker has sold at the Customer’s direction, the Broker is authorized to borrow the securities and other property necessary to enable the Broker to make delivery and the Customer agrees to be responsible for any cost or loss the Broker may incur, or the cost of obtaining the securities and other property if the Broker is unable to borrow it. The Broker is the Customer’s agent to complete all such transactions and is authorized to make advances and expend monies as are required.
Transactions and Settlements. All Client orders for the purchase or sale of securities and other property will be executed with the understanding that an actual purchaseor sale is intended and that it is the Client’s intention and obligation to deliver securities or the necessary funds by settlement date. If the Client fails to deliver to the financial advisor any securities and other property sold at the Client’s direction, the Financial Advisor is authorized to borrow the securities and other property necessary to enable the Financial Advisor to make delivery. The Client agrees to be responsible for any cost or loss the Financial Advisor may incur, or the cost of obtaining the securities and other property which the Financial Advisor is unable to borrow. The Financial Advisor is the Client’s agent to complete all such transactions and is authorized to make advances and expend monies as required. Please be advised that certain orders, at Xxxxxxx or your Financial Advisor’s discretion, may be subject to manual review and entry, which may cause delays in the processing of your orders. You should be aware that with respect to any order, you would receive the price at which your order was executed in the marketplace, which may be different from the price at which the security or option is trading when your order is entered. You understand that Xxxxxxx may not be held liable for acting upon false oral instructions or forged documents.
Transactions and Settlements. All orders for the purchase and/or sale of securities and/or other property will be authorized by you and executed with the understanding that an actual purchase or sale is intended and that it is your intention and obligation, in every case, to deliver certificates to cover any and all sales or to pay for transactions upon CFS' demand. If CFS makes a sale of any securities and/or other property at your direction or if you fail to deliver to CFS any securities and/or other property that CFS has sold at your direction, CFS is authorized to borrow or otherwise obtain the securities and/or other property necessary to enable CFS to make delivery, and you agree to be responsible for any cost or loss CFS may incur, including the cost of borrowing and/or obtaining the securities and/or other property. You agree that CFS is your agent to complete all such transactions and is authorized to make advances and expend monies as required. Though orders are usually routed to the marketplace within seconds, certain orders, at CFS' sole discretion, may be subject to manual review and entry, which may cause delays in the processing of your orders. You also understand that you will receive the price at which your order executes in the marketplace, which may be different from the price at which the security or option is trading when your order is entered into our system. 9.
Transactions and Settlements. All orders for the purchase or sale of securities and other property will be authorized by the Customer and executed with the understanding that an actual purchase or sale is intended and that it is the Customer's intention and obligation in every case to deliver certificates to cover any and all sales to receive any pay for certificates on or before the settlement date. GlobaLink Securities and/or Wedbush Xxxxxx are the Customer's agent to complete all such transactions and are authorized to make advances and expend monies as are required.
Transactions and Settlements. All orders for the purchase or sale of securities and other property will be authorized by the Customer and executed with the understanding that an actual purchase or sale is intended and that it is the Customer's intention and obligation in every case to deliver certificates to cover any and all sales or to receive and pay for certificates upon the GlobaLink Securities' and/or Wedbush Xxxxxx'x demand. If GlobaLink Securities' and/or Wedbush Xxxxxx make a short sale of any securities and other property at the Customer's direction or if the Customer fails to deliver to GlobaLink Securities' and/or Wedbush Xxxxxx any securities and other property that GlobaLink Securities' and/or Wedbush Xxxxxx have sold at the Customer's direction, GlobaLink Securities' and/or Wedbush Xxxxxx are authorized to borrow the securities and other property necessary to enable GlobaLink Securities' and/or Wedbush Xxxxxx to make delivery and the Customer agrees to be responsible for any cost or loss GlobaLink Securities' and/or Wedbush Xxxxxx may incur, or the cost of obtaining the securities and other property if GlobaLink Securities' and/ or Wedbush Xxxxxx are unable to borrow it. GlobaLink Securities' and/or Wedbush Xxxxxx are the Customer's agent to complete all such transactions and are authorized to make advances and expend monies as are required.
Transactions and Settlements. 4.1. All transactions entered into by you pursuant to this Agreement shall be as agent for me and you are hereby appointed my agent to complete all transactions and are expressly authorized to expend monies, make advances and do all things which are required to effect such transactions and I agree to be bound by such actions.
4.2. All orders for the sale or transfer of any of my Property will be and are deemed to be given by me with the distinct understanding, representation and warranty that an actual sale is intended.
4.3. All orders for the purchase of Property will be and are deemed to be given by me with the distinct understanding, representation and warranty that an actual purchase is intended and I will in every case receive and pay for the Property upon your demand.
4.4. I agree to promptly notify you in writing of any item I believe to be an error or omission in any confirmation.
