YOUR AUTHORISED PERSONS Sample Clauses
The 'Your Authorised Persons' clause defines which individuals or representatives are permitted to act on behalf of a party under the agreement. It typically specifies the process for designating authorised persons, such as providing written notice or maintaining an updated list, and may outline the scope of their authority, for example, to give instructions, approve actions, or receive communications. This clause ensures that both parties have clarity and certainty about who is empowered to make binding decisions, thereby reducing the risk of disputes or unauthorized actions.
YOUR AUTHORISED PERSONS. The Client may allow First Degree Relatives to trade on his/her behalf through his/her Account (hereafter the “Authorised Person”) provided that the Company has given its prior written consent to this and has received all the required information and documentation including without limitation, all customer identification and KYC documentation, proof of relationship and any documentation in relation to such Authorized Person’s knowledge and experience allowing the Company to determine whether trading in the financial instruments are appropriate to them. The Authorized Person of the Client cannot act as an Authorized Person of any other Client. The Company’s customer identification procedures and any procedures in relation to the assessment of knowledge and experience, will be applied to any proposed Authorized Person, in the same way in which they apply to any prospective new Client. The Company reserves the right to reject the appointment of any proposed Authorised Person to act on behalf of the Client and to suspend or terminate its consent to the appointment of such Authorised Person. Any orders placed or trades carried out through the Client’s Trading Account by the Authorised Person are binding on the Client as if they were given by the Client. It is solely the Client’s responsibility to monitor the activities of any Authorised Person allowed to trade through his/her Account and to ensure that is acting in accordance with the Client’s authorisation. In case the Client has authorised any person, as mentioned above, it is noted that in the event the Client wishes to terminate the authorisation, it is the Client’s responsibility to notify the Company, in writing, of such a wish. In addition, the Client will be solely responsible for any losses suffered as a result of the trading activity of the Authorised Person even in cases where such person has exceeded the Client’s authority or have acted without his/her permission or have otherwise acted fraudulently.
YOUR AUTHORISED PERSONS. 9.1. You may allow First Degree Relatives to trade with us through your Account (“Authorised Persons”) provided that we have given our prior
9.2. No Authorized Person of a Customer can act as an Authorized Person of any other Customer.
9.3. Our customer identification procedures and any procedures in relation to our assessment of knowledge and experience and whether CFDs are appropriate to any customer, will be applied by us in respect of any proposed Authorized Person, in the same way in which they apply to any prospective new customer of ours.
9.4. We reserve the right to refuse to approve any proposed Authorised Person and to suspend or terminate our consent to such Authorised Person trading through your Account.
9.5. Any orders placed or trades carried out through your Account by your Authorised Persons are binding on you as if they were given by you. It is solely your responsibility to monitor the activities of any Authorised Person whom you allow to trade through your Account with us and to ensure that they are acting in accordance with your authorisation.
9.6. Until such time as you notify us in accordance with the provisions of Clause 8 (“Unauthorised Use”) of the termination of the authorisation of any of your Authorised Persons, you shall be solely responsible for any losses suffered by you as a result of the trading activity of such persons even in cases where such persons have exceeded your authority or have acted without your permission or have otherwise acted fraudulently.
YOUR AUTHORISED PERSONS. 9.1. You may allow First Degree Relatives to trade with us through your Account (“Authorised Persons”) provided that we have given our prior written consent to this and we have received period. Where during the 14 (fourteen) days (or in such shorter time period we may set at our sole discretion) since the date of remittance of the Initial Funds and before the KYC process is completed, you remit to us amounts exceeding in total (including the Initial Funds) the De Minimis KYC Limit, such funds will be immediately returned to you, to the account from which they were remitted. In the event of closure of the Account, the Company shall debit the account for all payment charges. The processing of the remittance of your funds will take place within 1 (one) Business Day from the date of occurrence of the relevant event triggering such a remittance in accordance with this Clause 7. all the documentation required by us for this purpose, including without limitation, all customer identification and KYC documentation, proof of relationship and any documentation in relation to such Authorized Persons’ knowledge and experience allowing us to determine whether CFDs trading is appropriate to them, in accordance with the terms of this Agreement which we require in respect of such Authorised Persons.
9.2. No Authorized Person of a Customer can act as an Authorized Person of any other Customer.
9.3. Our customer identification procedures and any procedures in relation to our assessment of knowledge and experience and whether CFDs are appropriate to any customer, will be applied by us
YOUR AUTHORISED PERSONS. 9.1. You may allow First Degree Relatives to trade with us through your Account (“Authorised Persons”) provided that we have given our prior
YOUR AUTHORISED PERSONS. 9.1. You may allow First Degree Relatives to trade with us through your Account (“Authorised Persons”) provided that we have given our prior written consent to this and we have received all the documentation required by us for this purpose, including without limitation, all customer identification and KYC documentation, proof of relationship and any documentation in relation to such Authorized Persons’ knowledge and experience allowing us to determine whether CFDs trading is appropriate to them, in accordance with the terms of this Agreement which we require in respect of such Authorised Persons.
9.2. No Authorized Person of a Customer can act as an Authorized Person of any other Customer.
9.3. Our customer identification procedures and any procedures in relation to our assessment of knowledge and experience and whether CFDs are exposure under an existing position or whether you are opening a new position or closing an existing position. Where we have accepted an Order which you have placed, we will do so on a “first in first out” basis depending on the sequence in which orders are placed by you and accepted by us.
10.5. You may only open a position during the trading hours of the market of the underlying Financial Instrument of the CFDs and subject to the relevant Market being made available by us for trading and any trading limits and any minimum/maximum trade sizes which we may impose in accordance with the provisions of this Agreement and our Order Execution Policy. You will not be able to place orders outside of the hours in which the relevant market is open for trading, unless we advise you accordingly and based on the terms and conditions we may set in such cases.
10.6. In order to place any Order, you will be required to enter such security information as we may require for this purpose.
10.7. We may restrict or suspend or cancel your ability to trade with us for the purposes of preventing a breach of the Applicable Laws and Regulations, where you do not have sufficient funds or Margin for effecting the relevant Transaction or where to allow you to proceed with a relevant trade would result in a breach of any trading limits which we may have imposed pursuant to the provisions of this Agreement.
10.8. We are not under any obligation to and shall not check whether any assumptions made by you in making a trade are correct as at the time at which the trade is made.
10.9. Where you place orders in CFDs in relation to underlying Financial Instruments, yo...