Common use of YOUR AUTHORISED PERSONS Clause in Contracts

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 priorprior 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 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.