Apex definition
Examples of Apex in a sentence
If the undersigned does not instruct the introducing broker to exercise the valuable option by the time stated above, and Apex for whatever reason, does not exercise such option on the undersigned’s behalf, the undersigned hereby waives anyand all claims for damage or loss which the undersigned might at the time or any time thereafter have against Apex arising out of the fact that the option was not exercised.
The undersigned represents that the undersigned understands that Apex acts only to clear trades introduced by the undersigned’s introducing broker and to effect other backoffice functions for the undersigned’s introducing broker.
The undersigned confirms to Apex that the undersigned is relying for any advice concerning the undersigned’s accounts solely on the undersigned’s introducing broker.
The undersigned has reviewed the contents of the options account form and represents that theyare accurate Although certain types of transactions are indicated as anticipated, Apex and the introducing broker may execute any other types of transactions for the undersigned’s account upon the undersigned’s instructions.
Inthe event that the commissions to be charged for such an expiration transaction exceeds the proceeds to be realized, the undersigned agrees and hereby relinquishes the undersigned’s ownership in said option to Apex, and Apex mayexercise such option for its own account.