FORM OF ORDERS AND INSTRUCTIONS. 13.1 The Company shall be entitled to rely on any instructions, directions, notice or other communication which the Company reasonably believes in good faith to be the authorized person appointed under Clause 2 hereto on the Client’s behalf or the Client himself or the Client’s authorized representative(s).
13.2 The Client may give instructions to the Company by telephone or in writing and in giving instructions, the Client must quote the Client’s account number and account name.
13.3 In the event that the Client fails to pay the necessary Margin or any part thereof, the Company reserves its full right to liquidate the position subject to the adverse market condition at the absolute discretion of the Company, and the Client agrees to indemnify the Company and hold the Company harmless from and against losses, costs and expenses (including legal costs) suffered or incurred by the Company in reliance thereon.
