Common use of MULTIPLE TRADING ACCOUNTS Clause in Contracts

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.

Appears in 2 contracts

Sources: Customer Agreement, Customer Agreement

MULTIPLE TRADING ACCOUNTS. 57.1 37.1. 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 Account. We reserve the right to limit the number of Accounts maintained held by a single householdyou, at our sole discretion. 57.2 37.2. In the event that you operate several Accounts and opposite positions Positions are opened on different Accounts, we shall will not close out such positionsPositions. You are specifically made aware, however, that, that unless closed manually, all such positions Positions may be rolled over on a continuous basis and thereby consequently all Accounts may incur a cost for such roll-overa Rollover.

Appears in 1 contract

Sources: Customer Agreement