Common use of INACTIVE & DORMANT ACCOUNTS Clause in Contracts

INACTIVE & DORMANT ACCOUNTS. 22.1. Eurotrade SA has established, implemented and maintains an Inactive and Dormant Account Policy that is as follows: When a client with any trading account(s) held with Eurotrade SA under any of its brands has not: a. Placed a trade; b. Opened or closed positions; and/or c. Made a deposit into the client's trading account, for a period of at least 90 (ninety) consecutive days, his account shall be classified by Eurotrade SA as an Inactive Account.

Appears in 2 contracts

Sources: Account Opening Agreement, Account Opening Agreement