Examples of Commodity Interests in a sentence
Customer understands that Straits, its affiliates or representatives, and/or the IB may have a position in and may intend to buy or sell Commodity Interests which are the subject of market recommendations furnished to Customer, and that the market position of Straits or any such affiliate or representative and/or the IB may or may not be consistent with the recommendations furnished to Customer by Straits and/or the IB.
Customer authorizes Straits to purchase and sell Commodity Interests for Customer’s account in accordance with Customer’s oral, written or electronic instructions as given to Straits by Customer’s Introducing Broker (“IB”) or Associated Person (“AP”) or Floor Broker.
Despite such risks, Customer is willing and able to assume the financial risks and other hazards of Commodity Interests trading and agrees that Customer will in no manner hold Straits responsible for losses incurred by following IB’s or Straits’ trading recommendations or suggestions and expressly hereby waives any claims therefore.
Customer acknowledges that Commodity Interests trading is a highly speculative activity involving highly leveraged and rapidly fluctuating markets.
Customer shall remain liable for any deficiency, it being understood that a prior tender, demand or call of any kind from Ironbeam, or prior notice from Ironbeam, of the time or place of such sale or purchase shall not be considered a waiver of Ironbeam’s rights to sell or buy any Commodity Interests or other property held by Ironbeam or owned by Customer, at any time as hereinbefore provided or to be deemed to require any such tender, demand, call or notice on any subsequent transaction.