Common Contracts
1 similar Prime Broker Clearing Services Agreement contracts
Agreement for Prime Broker Clearing ServicesPrime Broker Clearing Services Agreement • July 26th, 2010
This Agreement by and between Lek Securities Corporation (“LSC”), on its own behalf or on behalf of its Correspondent firm for which it acts as clearing firm, and or its authorized representative (“Customer”) on the / / , sets forth the terms and conditions under which LSC will act as prime broker for the clearance and settlement of transactions executed for the account of Customer. Customer maintains brokerage accounts with a number of other brokers (“Executing Brokers”) and will, from time to time, place orders to be executed by one or more of these Executing Brokers. Customer hereby appoints LSC to act as prime broker for the Customer, to establish a prime brokerage account and to perform certain services in connection with the settlement and clearance of such transactions in accordance with the terms set forth in this Agreement. It is the intention of the parties that such prime brokerage services will be conducted in accordance with the terms of this Agreement, the Prime Broker Co
