MULTIPLE TRADING ACCOUNTS Sample Clauses

The "Multiple Trading Accounts" clause defines the rules and conditions under which a party may open and operate more than one trading account with a broker or financial institution. Typically, this clause outlines whether separate accounts can be maintained for different strategies, asset classes, or clients, and may specify requirements for account management, reporting, and compliance. By establishing clear guidelines for the use of multiple accounts, the clause helps prevent confusion, ensures proper oversight, and mitigates risks associated with account misuse or regulatory breaches.
MULTIPLE TRADING ACCOUNTS. 57.1 In the event that you have more than one Account with us, we reserve the right to treat all such Accounts as if they were under one Account and to limit the number of Accounts maintained by a single household, at our sole discretion. 57.2 In the event that you operate several Accounts and opposite positions are opened on different Accounts, we shall not close out such positions. You are specifically made aware, however, that, unless closed manually, all such positions may be rolled over on a continuous basis and thereby consequently all Accounts may incur a cost for such roll-over.
MULTIPLE TRADING ACCOUNTS. 34.1. You are only entitled to create one (1) Client Account per natural or legal person. 34.2. Trading under more than one (1) Client Account that has been created under multiple email addresses by the same Client is not permissible by us. You are allowed to open multiple Trading Accounts under your Client Account. We reserve the right to treat them as one Trading Account. In the event you opened two or more Client Accounts under multiple email addresses, you must choose one main Account into which your funds and trading activities will be merged without interfering and within the scope of our Best Execution Policy and our Business Terms and Conditions. Similarly, we may limit the number of Accounts maintained by any person or within a single household, at our sole discretion. 34.3. You acknowledge that you shall not be entitled to participate in more than one trading benefit or incentive at the same time, unless otherwise explicitly provided in our Business Terms and Conditions.
MULTIPLE TRADING ACCOUNTS. 33.1. You are only entitled to create one Client Account per natural or legal person. Trading under more than one Client Account that has been created under multiple email addresses by the same Client is not permissible by us. In the event that you open two or more Client Accounts under different email addresses, we reserve the right to merge all funds and activity into one Client Account and close the others. 33.2. As a Client of Skilling you are allowed to open multiple Trading Accounts under your Client Account either under the same trading platform or under different trading platforms. In the event that you opened two or more Trading Accounts, we reserve the right to treat your trading activity as if they were performed under one Trading Account within the scope of our Best Execution Policy and our Business Terms and Conditions. For avoidance of doubt, any benefit under our Negative Balance Protection will be applied on Client Account level and not for each separate Trading Account. 33.3. You acknowledge that you shall not be entitled to participate in more than one trading benefit or incentive at the same time, unless otherwise explicitly provided in our Business Terms and Conditions.
MULTIPLE TRADING ACCOUNTS. 33.1. You are only entitled to create one Client Account per natural or legal person. Trading under more than one Client Account that has been created under multiple email addresses by the same Client is not permissible by us. In the event that you open two or more Client Accounts under different email addresses, we reserve the right to merge all funds and activity into one Client Account and close the others. 33.2. As a Client of Skilling you are allowed to open multiple Trading Accounts under your Client Account either under the same trading platform or under different trading platforms. In the event that you opened two or more Trading Accounts, we reserve the right to treat your trading activity as if they were performed under one Trading Account within the scope of our Best Execution Policy and our Business Terms and Conditions. For avoidance of doubt, any benefit under our Negative Balance Protection will be applied on Client Account level and not for each separate Trading Account. 33.3. The Company is allowed to transfer funds from one Trading Account to another Trading Account under the same Client in order to cover the Negative Balance on Client Account level. 33.4. You acknowledge that you shall not be entitled to participate in more than one trading benefit or incentive at the same time, unless otherwise explicitly provided in our Business Terms and Conditions.

Related to MULTIPLE TRADING ACCOUNTS

  • Multiple Accounts If Client opens more than one Account with this same Agreement using more than one New Account Form (electronically or otherwise), Client agrees that this Agreement applies to each individual Account. This is also true as to any additional Accounts opened in the future with additional New Account Forms. Client recognizes that each Account is independently managed and may not open at the same time. If Client terminates one or more Accounts, this Agreement stays in full force and effect as to all other Accounts still being managed. As to the closed accounts the sections listed in section 15 shall survive as provided above. In the case when assets within an Account will be liquidated in order to fund another Account, Management may liquidate these assets prior to the Account opening on Management’s reporting and portfolio management system. Thus, all reporting to Client from Management will not include these liquidating transactions. If Client is updating the equity strategy for a pre-existing account, please note that there may be a period of time in which the account cannot be traded, leaving the account temporarily exposed to market risk. If this is a new account that is being funded from existing ▇▇▇▇▇▇▇▇▇ managed account(s) under this same agreement, please note that for the funding account(s) there may be a period of time during which the account(s) cannot be traded, leaving the account(s) temporarily exposed to market risk. Management will use its sole discretion as to the timing of converting a pre-existing account into another equity strategy. Management may choose to delay the sale of certain investments due to tax or investment reasons while the remaining portion of the account is converted well in advance.

  • Multiple Account Holders 37.1. Where the Client comprises two or more persons, the liabilities and obligations under the Agreement shall be joint and several. Any warning or other notice given to one of the persons which form the Client shall be deemed to have been given to all the persons who form the Client. Any Order given by one of the persons who form the Client shall be deemed to have been given by all the persons who form the Client. 37.2. In the event of the death or mental incapacity of one of the persons who form the Client, all funds held by the Company or its Nominee, will be for the benefit and at the order of the survivor(s) and all obligations and liabilities owed to the Company will be owed by such survivor(s).

  • The Investment Account; Eligible Investments (a) Not later than the Withdrawal Date, the Master Servicer shall withdraw or direct the withdrawal of funds in the Custodial Accounts for P&I, for deposit in the Investment Account, in an amount representing: (i) Scheduled installments of principal and interest on the Mortgage Loans received or advanced by the applicable Servicers which were due on the related Due Date, net of the Servicing Fees due the applicable Servicers and less any amounts to be withdrawn later by the applicable Servicers from the applicable Buydown Fund Accounts; (ii) Payoffs and the proceeds of other types of liquidations of the Mortgage Loans received by the applicable Servicer for such Mortgage Loans during the applicable Payoff Period, with interest to the date of Payoff or liquidation less any amounts to be withdrawn later by the applicable Servicers from the applicable Buydown Fund Accounts; and (iii) Curtailments received by the applicable Servicers in the Prior Period. At its option, the Master Servicer may invest funds withdrawn from the Custodial Accounts for P&I, as well as any Buydown Funds, Insurance Proceeds and Liquidation Proceeds previously received by the Master Servicer (including amounts paid by the Company in respect of any Purchase Obligation or its substitution obligations set forth in Section 2.07 or Section 2.08 or in connection with the exercise of the option to terminate this Agreement pursuant to Section 9.01) for its own account and at its own risk, during any period prior to their deposit in the Certificate Account. Such funds, as well as any funds which were withdrawn from the Custodial Accounts for P&I on or before the Withdrawal Date, but not yet deposited into the Certificate Account, shall immediately be deposited by the Master Servicer with the Investment Depository in an Investment Account in the name of the Master Servicer and the Trust for investment only as set forth in this Section 3.03. The Master Servicer shall bear any and all losses incurred on any investments made with such funds and shall be entitled to retain all gains realized on such investments as additional servicing compensation. Not later than the Business Day prior to the Distribution Date, the Master Servicer shall deposit such funds, net of any gains (except Payoff Earnings) earned thereon, in the Certificate Account. (b) Funds held in the Investment Account shall be invested in (i) one or more Eligible Investments which shall in no event mature later than the Business Day prior to the related Distribution Date (except if such Eligible Investments are obligations of the Trustee, such Eligible Investments may mature on the Distribution Date), or (ii) such other instruments as shall be required to maintain the Ratings.

  • Investment Funds Unregistered general or limited partnerships or pooled investment vehicles and/or registered investment companies in which the Company (directly, or indirectly through the Master Fund) invests its assets that are advised by an Investment Manager.

  • Set Up Accounts (a) Bank shall establish and maintain the following accounts ("Accounts"): (i) a Securities Account in the name of Customer on behalf of each Fund for Financial Assets, which may be received by Bank or its Subcustodian for the account of Customer, including as an Entitlement Holder; and (ii) an account in the name of Customer ("Cash Account") for any and all cash in any currency received by Bank or its Subcustodian for the account of Customer. Notwithstanding paragraph (ii), cash held in respect of those markets where Customer is required to have a cash account in its own name held directly with the relevant Subcustodian shall be held in that manner and shall not be part of the Cash Account. Bank shall notify Customer prior to the establishment of such an account. (b) At the request of Customer, additional Accounts may be opened in the future, which shall be subject to the terms of this Agreement. (c) Except as precluded by Section 8-501(d) of the Uniform Commercial Code ("UCC"), Bank shall hold all Securities and other Financial Assets, other than cash, of a Fund that are delivered to it in a "securities account" with Bank for and in the name of such Fund and shall treat all such assets other than cash as "financial assets" as those terms are used in the UCC.