Common use of YOUR AUTHORISED PERSONS Clause in Contracts

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.

Appears in 7 contracts

Samples: Client Agreement, Client Agreement, Client Agreement

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YOUR AUTHORISED PERSONS. The Client 9.1. You may allow First Fist Degree Relatives to trade on his/her behalf with us through his/her your Account (hereafter the Authorised PersonAuthorized Persons”) provided that the Company has we have given its our prior written consent to this and has we have received all the documentation required information and documentation 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 Person’s knowledge and experience allowing the Company us to determine whether CFDs trading in the financial instruments are is appropriate to them, in accordance with the terms of this Agreement which we require in respect to such Authorized Persons. 9.2. The Not Authorized Person of the Client cannot a Customer an act as an Authorized Person of any other ClientCustomer. 9.3. The Company’s Our customer identification procedures and any procedures in relation to the our assessment of knowledge and experience, experience and whether CFDs are appropriate to any customer will be applied to by us in respect of any proposed Authorized Person, in the same way in which they apply to any prospective new Clientcustomer of ours. 9.4. The Company reserves We reserve the right to reject the appointment of refuse to approve any proposed Authorised Authorized Person to act on behalf of the Client and to suspend or terminate its our consent to the appointment of such Authorised PersonAuthorized Person trading through your Account. 9.5. Any orders placed or trades carried out through the Client’s Trading your Account by the Authorised Person your Authorized Persons are binding on the Client you as if they were given by the Clientyou. It is solely the Client’s your responsibility to monitor the activities of any Authorised Authorized Person allowed whom you allow to trade through his/her your Account with us and to ensure that is they are acting in accordance with your authorization. 9.6. Until such time as you notify us in accordance with the Client’s authorisation. In case provisions of Clause 8 (Unauthorized Use) of the Client has authorised termination of the authorization of any personof your Authorized Persons, 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 you shall be solely responsible for any losses suffered by you as a result of the trading activity of the Authorised Person such persons even in cases where such person has persons have exceeded the Client’s your authority or have acted without his/her your permission or have otherwise acted fraudulently.

Appears in 6 contracts

Samples: Client Agreement, Client Agreement, Client Agreement

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.

Appears in 3 contracts

Samples: Client Agreement, Client Agreement, Client Agreement

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 Authorised Person’s knowledge and experience allowing the Company to determine whether trading in the financial instruments are appropriate to them. The Authorized Authorised Person of the Client cannot act as an Authorized Authorised 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 Authorised 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 Authorized 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 authorisationauthorization, 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.

Appears in 1 contract

Samples: Client Agreement

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YOUR AUTHORISED PERSONS. The Client 9.1. You may allow First Degree Relatives to trade on his/her behalf with us through his/her your Account (hereafter the Authorised PersonAuthorized Persons”) provided that the Company has we have given its our prior written consent to this and has we have received all the documentation required information and documentation by us for this purpose, including without limitation, all customer Customer identification and KYC documentation, proof of relationship and any documentation in relation to such Authorized Person’s Persons’ knowledge and experience allowing the Company us to determine whether CFDs trading in the financial instruments are is appropriate to them, in accordance with the terms of this Agreement which we require in respect to such Authorized Persons. 9.2. The No Authorized Person of the Client cannot a Customer shall act as an Authorized Person of any other ClientCustomer. 9.3. The Company’s customer Our Customer identification procedures and any procedures in relation to the our assessment of knowledge and experience, experience and whether CFDs are appropriate to any Customer will be applied to by us in respect of any proposed Authorized Person, in the same way in which they apply to any prospective new ClientCustomer of ours. 9.4. The Company reserves We reserve the right to reject the appointment of refuse to approve any proposed Authorised Authorized Person to act on behalf of the Client and to suspend or terminate its our consent to the appointment of such Authorised PersonAuthorized Person trading through your Account. 9.5. Any orders Orders placed or trades carried out through the Client’s Trading your Account by the Authorised Person your Authorized Persons are binding on the Client you as if they were given by the Clientyou. It is solely the Client’s your responsibility to monitor the activities of any Authorised Authorized Person allowed whom you allow to trade through his/her your Account with us and to ensure that is they are acting in accordance with your authorization. 9.6. Until such time as you notify us in accordance with the Client’s authorisation. In case provisions of Clause 8 (Unauthorized Use) of the Client has authorised termination of the authorization of any personof your Authorized Persons, 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 you shall be solely responsible for any losses suffered by you as a result of the trading activity of the Authorised Person such persons even in cases where such person has persons have exceeded the Client’s your authority or have acted without his/her your permission or have otherwise acted fraudulently.

Appears in 1 contract

Samples: Client Agreement

YOUR AUTHORISED PERSONS. The Client ‌ 9.1. You may allow First Degree Relatives to trade on his/her behalf with us through his/her your Account (hereafter the “Authorised PersonPersons”) provided that the Company has we have given its our prior written consent to this and has we have received all the documentation required information and documentation 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 Person’s Persons’ knowledge and experience allowing the Company us to determine whether CFDs trading in the financial instruments are is appropriate to them, in accordance with the terms of this Agreement which we require in respect of such Authorised Persons. 9.2. The No Authorized Person of the Client cannot a Customer can act as an Authorized Person of any other ClientCustomer. 9.3. The Company’s Our customer identification procedures and any procedures in relation to the our assessment of knowledge and experienceexperience and whether CFDs are appropriate to any customer, will be applied to by us in respect of any proposed Authorized Person, in the same way in which they apply to any prospective new Clientcustomer of ours. 9.4. The Company reserves We reserve the right to reject the appointment of refuse to approve any proposed Authorised Person to act on behalf of the Client and to suspend or terminate its our consent to the appointment of such Authorised PersonPerson trading through your Account. 9.5. Any orders placed or trades carried out through the Client’s Trading your Account by the your Authorised Person Persons are binding on the Client you as if they were given by the Clientyou. It is solely the Client’s your responsibility to monitor the activities of any Authorised Person allowed whom you allow to trade through his/her your Account with us and to ensure that is they are acting in accordance with your authorisation. 9.6. Until such time as you notify us in accordance with the Client’s authorisation. In case provisions of Clause 8 (“Unauthorised Use”) of the Client has authorised termination of the authorisation of any personof your Authorised Persons, 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 you shall be solely responsible for any losses suffered by you as a result of the trading activity of the Authorised Person such persons even in cases where such person has persons have exceeded the Client’s your authority or have acted without his/her your permission or have otherwise acted fraudulently.

Appears in 1 contract

Samples: Investment Services Agreement

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