Executing Broker Clause Samples

The Executing Broker clause defines the party responsible for carrying out trades or transactions on behalf of a client or another financial institution. Typically, this clause specifies the broker's duties, such as executing orders, confirming trades, and ensuring compliance with relevant regulations. For example, in a derivatives agreement, the executing broker may be tasked with processing trades initiated by an investment manager. The core function of this clause is to clearly identify the entity accountable for trade execution, thereby reducing confusion and ensuring that all parties understand who is responsible for fulfilling transaction instructions.
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Executing Broker. Execution Venue Fee Financial Instrument Fractional Shares Insolvency Event a) if a resolution is passed for Your winding up, dissolution or
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Executing Broker. Execution Venue Fee Financial Instrument Fractional Shares An Executing Broker as mentioned in the BUX Order Execution Policy. An Execution Venue in the meaning of ▇▇▇▇▇ ▇▇. The fees as published on the Website. A financial instrument within the meaning of ▇▇▇▇▇ ▇▇, such as [shares], exchange traded funds (ETFs) or exchange traded commodities (ETCs ), offered through any BUX mobile application. Fractional shares are pieces, or fractions, of whole shares of a company or ETF as further specified in the Product Information Sheets. Insolvency Event a) if a resolution is passed for Your winding up, dissolution or administration or an order is made against You, the appointment of a receiver, administrator, manager, administrative receiver or similar officer over, or if any encumbrancer takes possession of or sells, all or any part of Your business or assets, the making of an arrangement or composition with Your creditors generally or the making of an application to court for protection of Your creditors generally. If You are part of a partnership, the occurrence of any of the foregoing events in relation to any partner in that partnership shall be deemed an Insolvency Event” in relation to You; or b) if You become insolvent or are otherwise unable to pay Your debts as they fall due, or any act of insolvency or analogous event (to those set out in paragraph (a) above) occurs in respect of You.
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Executing Broker. For Documentation Clearing Broker For Documentation For Documentation For Documentation For Documentation For Documentation
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Executing Broker. Execution Venue Fee Financial Instrument A financial instrument within the meaning of MiFID II offered through Insolvency Event a) if a resolution is passed for Your winding up, dissolution or
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Executing Broker. We believe that it is in the best interests of our customers for us to transmit customer orders to an appropriately regulated broker-dealer with access to various U.S. based execution venues, including market makers. As of the date of this Policy, we have appointed a single provider, RHS, to provide this service. RHS is a broker-dealer registered with the SEC and is a member of the U.S. Financial Industry Regulatory Authority. RHS is not authorised or regulated by the FCA. A fractional order is a term used to describe an order for the purchase or sale of a portion of a share. You may accrue multiple fractions to own more than one share in aggregate. To enable fractional share trading for our customers, RHS may act in a principal, riskless principal, or agency capacity. Please visit our Help Centre to learn more about fractional shares or see the Customer Agreement for a further explanation of conditions, restrictions, and limitations associated with fractional shares. For orders in ‘whole shares’ (non-fractional shares), RHS will act in an agency capacity. The SEC adopted Rule 606 to standardise and improve public disclosure of order routing practices. RHS Rule 606 reports are accessible via the UK Disclosure Library. Please note, any references to payments received from third-party market centres do not apply to UK customer trades. Robinhood UK has established and implemented policies and procedures, including this Policy, which are collectively designed to be sufficient to obtain the best possible results when transmitting customer orders, subject to taking into account any specific instructions, the nature of the orders, and the nature of the markets and the products concerned. When you place orders with us, you consent to your orders being transmitted for execution as described in this Policy. Please refer to our Help Centre for the available order types. When placing an order, we will provide you with the latest prices of the relevant security available to us, which are provided by a third party. At the time of execution this price may have changed. After placing an order, you might have the option to cancel it before it’s executed within our platform. You can only cancel pending orders. You can’t reverse an order that’s been executed in the market. Even if you try to cancel a regular-hours order (good-til-cancelled or good-for-day) for a NASDAQ-listed stock between 9:25 AM ET and 9:30 AM ET, we’ll keep the order open in the pending state until the op...
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Executing Broker. Execution Venue Fee An Executing Broker as mentioned in the BUX Order Execution Policy. An Execution Venue in the meaning of MiFID II. The fees as published on the Website. Financial Instrument A financial instrument within the meaning of MiFID II offered through any BUX mobile application. Insolvency Event a) if a resolution is passed for Your winding up, dissolution or administration or an order is made against You, the appointment of a receiver, administrator, manager, administrative receiver or similar officer over, or if any encumbrancer takes possession of or sells, all or any part of Your business or assets, the making of an arrangement or composition with Your creditors generally or the making of an application to court for protection of Your creditors generally. If You are part of a partnership, the occurrence of any of the foregoing events in relation to any partner in that partnership shall be deemed an Insolvency Event” in relation to You; or b) if You become insolvent or are otherwise unable to pay Your debts as they fall due, or any act of insolvency or analogous event (to those set out in paragraph (a) above) occurs in respect of You. Laws and Regulations Any applicable Dutch and/or European laws and regulations (including but not limited to the Act on Financial Supervision).
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Executing Broker. Contact Person:....................
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Executing Broker. Execution Venue Fee Financial Instrument Fractional Shares Insolvency Event
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Executing Broker. For Trading For Trading Name: Name: Name of Person: Name of Person: Address: Address: Telephone No.: Telephone No.: Fax No.: Fax No.: E-mail:Email E-mailEmail: berFor B : ctName of Person: ess: Name of Person: Address: hone No.: No.: Telephone No.: Fax No.:
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Related to Executing Broker

  • No Broker Neither Seller nor any Affiliate of Seller has dealt with any broker, investment banker, agent or other Person, except for Buyer or an Affiliate of Buyer, who may be entitled to any commission or compensation in connection with any Transaction.

  • INTRODUCING BROKERS 18.1 The Client may have been referred to Tickmill Ltd by an Introducing Broker. If so, Tickmill Ltd shall not be responsible for any agreement made between the Client and the Client's Introducing Broker. The Client acknowledges that any such Introducing Broker will either be acting as an independent intermediary or an Agent for the Client and that no such Introducing Broker shall be authorised to make any representations concerning Tickmill Ltd or Tickmill Ltd’s Services. 18.2 The Client is specifically made aware that the Client's agreement with its Introducing Broker may result in additional costs as Tickmill Ltd may pay fees or commission to such person. 18.3 The Client is also specifically made aware that the Client's agreement with its Introducing Broker may result in additional costs for the client because the Introducing Broker can deduct commissions and fees as well as price or interest/financing rate adjustments for any trade conducted on or allocated to the Clients account either by the Introducing Broker or the Client. 18.4 If the Introducing Broker undertakes any deductions from the Client's Trading Account according to any agreement between the Client and the Introducing Broker, Tickmill Ltd has no responsibility as to the existence or validity of such an agreement. 18.5 Tickmill Ltd shall have no responsibility or liability to the Client in following the instructions given by the Introducing Broker. Tickmill Ltd is under no obligation to supervise or otherwise know or review the payment instructions or any other acts, including but not limited to the trading, of the Introducing Broker. 18.6 The client acknowledges and accepts that frequent transactions may result in a sum total of commissions, fees, price or interest/financing rate adjustments for trades conducted that may be substantial and not necessarily be offset by the net profits, if any, achieved from the relevant trades. The responsibility for correctly assessing whether the size of the total commissions, fees, price or interest/financing rate adjustments for trades conducted paid from the Client's account makes trading commercially viable, is the combined responsibility of the Client and the Introducing Broker. Tickmill Ltd only acts as the custodian and principal broker, and therefore is not responsible for the size of the commissions and fees as well as price or interest rate paid by the Client. 18.7 Any commissions, fees, price or interest/financing rate adjustments for trades conducted may be shared between the Introducing Broker, Tickmill Ltd and third parties according to the Introducing Broker's written instructions and/or at Tickmill Ltd’s discretion.