Portfolio Management Service Sample Clauses
Portfolio Management Service. 32.1. If the Client wishes so and subject to the Client’s obligations being fulfilled and all internal Company tests (i.e. suitability test) being duly satisfied, the Company will offer to the Client access to use the Social Trading features of the Platform (as described in Appendix 2 hereunder), which involve the provision of the Service of Portfolio Management.
32.2. For the purposes of the provision of the Portfolio Management Service only, the Client hereby appoints the Company as a manager of his Portfolio (“Portfolio” - shall mean the portfolio of cash and Financial Instruments in the Client Account), which provides the Company’s authority to automatically conclude any Transactions or Orders and perform operations with the Client’s Portfolio on a discretionary basis without preliminary consultations or approvals each time with the Client.
32.3. In providing the Portfolio Management Service to the Client, the Company shall have the right (and without prior reference to the Client):
a) purchase (or otherwise acquire), sell (or otherwise dispose of), maintain, exchange or trade in Financial Instruments;
b) execute Orders with the Company’s execution venues, including Orders outside regulated markets and multilateral trading facility as defined in the Law, for example enter into over the counter transactions (“OTC”);
c) debit or credit the Client Account.
32.4. For the avoidance of any doubt, in offering the Service of Portfolio Management, Orders will be executed according to “Summary Best Interest and Order Execution Policy”, which is available on the Company’s Website and the Agreement, hence any reference to placement or execution of Orders in the Agreement (unless specifically differentiated or the meaning commands otherwise) shall also cover Orders placed or executed under the Service of Portfolio Management.
32.5. According to Applicable Regulations, the Company’s periodic reporting to Clients for the provision of the Portfolio Management Service, shall contain a fair and balanced review of the activities undertaken and of the performance of the portfolio during the relevant period as well as the following information, as applicable:
a) the time period for which the information contained in the report relates to;
b) the name of the Company;
c) the full name, in case of a physical person or the trade name in case of a legal person or other designation of the Client Account;
d) a statement of the contents and the valuation of the Portfolio, includin...
Portfolio Management Service. 46.1. If the Client wishes so, the Company will offer to the Client access to use the Social Trading features of the Platform, which involve the provision of the Service of Portfolio Management.
46.2. For the purposes of the provision of the Portfolio Management Service only, the Client hereby appoints the Company as a manager of his Portfolio (“Portfolio” - shall mean the portfolio of cash and Financial Instruments in the Client Account), which provides the Company’s authority to automatically conclude any Transactions or Orders and perform operations with the Client’s Portfolio on a discretionary basis without preliminary consultations or approvals each time with the Client.
46.3. In providing the Portfolio Management Service to the Client, the Company shall have the right (and without prior reference to the Client): ▪ purchase (or otherwise acquire), sell (or otherwise dispose of), maintain, exchange or trade in Financial Instruments; ▪ execute Orders with the Company’s execution venues, including Orders outside regulated markets and multilateral trading facility as defined in the Law, for example enter into over the counter transactions (“OTC”); ▪ debit or credit the Client Account.
46.4. For the avoidance of any doubt, in offering the Service of Portfolio Management, Orders will be executed according to “The Order Execution Policy”, which is available on the Company’s Website and the Agreement, hence any reference to placement or execution of Orders in the Agreement (unless specifically differentiated or the meaning commands otherwise) shall also cover Orders placed or executed under the Service of Portfolio Management.
46.5. The value of the Portfolio will be the Balance in the relevant Client Account. The initial value of the Client’s Portfolio will be the one at the date the Company provides access to the Social Trading features. In the event of termination of the Agreement, the final value of the Portfolio will be the value of the portfolio on the date of termination.
46.6. The value of the Client’s Portfolio may be calculated at the end of each Business Day and may be observed on the Platform at the end of the Business Day.
46.7. The Company will provide the Client with an online access to the Platform(s) used by the Client. Where the Company deems that the information that will be provided by the Platform is inadequate and does not meet the requirements of Applicable Regulations.
46.8. The Client undertakes to and is obliged to assess the perfor...
Portfolio Management Service. 45.1. If the Client wishes so, the Company will offer to the Client access to use the Social Trading features of the Platform, which involve the provision of the Service of Portfolio Management.
45.2. For the purposes of the provision of the Portfolio Management Service only, the Client hereby appoints the Company as a manager of his Portfolio (“Portfolio” - shall mean the portfolio of cash and Financial Instruments in the Client Account), which provides the Company’s authority to automatically conclude any Transactions or Orders and perform operations with the Client’s Portfolio on a discretionary basis without preliminary consultations or approvals each time with the Client.
45.3. In providing the Portfolio Management Service to the Client, the Company shall have the right (and without prior reference to the Client): purchase (or otherwise acquire), sell (or otherwise dispose of), maintain, exchange or trade in Financial Instruments; execute Orders with the Company’s execution venues, including Orders outside regulated markets and multilateral trading facility as defined in the Law, for example enter into over the counter transactions (“OTC”); debit or credit the Client Account.
45.4. For the avoidance of any doubt, in offering the Service of Portfolio Management, Orders will be executed according to “The Order Execution Policy”, which is available on the Company’s Website and the Agreement, hence any reference to placement or execution of Orders in the Agreement (unless specifically differentiated or the meaning commands otherwise) shall also cover Orders placed or executed under the Service of Portfolio Management. Trading features. In the event of termination of the Agreement, the final value of the Portfolio will be the value of the portfolio on the date of termination.
Portfolio Management Service. In providing the selected portfolio management service we will be relying on the information given by you in this document together with any supplementary information which includes, for the avoidance of any doubt and without limitation, information from you detailing your investment objectives, circumstances and requirements (financial and / or otherwise) and any additional information you disclose to us in writing from time to time. Where you have not divulged information to us relating to your investment objectives, circumstances and requirements, we will assume that you have sufficient assets and / or liquid savings to afford the placement of funds for investment for a minimum 3-5 year period and that your liabilities are not material enough to have a bearing on your decision to invest these funds. Furthermore, we will assume that your income will be sufficient to maintain your required lifestyle and that your present / future income levels have been taken into consideration when placing these funds. If this is not correct, you should inform us immediately as the lack of such information may adversely affect the portfolio management service, any advice provided and the suitability of your portfolio for you. I/We the undersigned, wish to open an account under the terms included within the attached Terms of Business and for the service indicated above. I/We also agree and authorise you to make any enquiries you deem necessary in order to verify any information provided by me/us. The information provided accurately reflects my/our circumstances and requirements, financial and/or otherwise, and my/our investment objectives. I/We understand that if I/we decline to provide adequate or accurate information regarding my/our circumstances, requirements and investment objectives, the lack of such information may adversely affect the service provided by Standard Bank Jersey Limited and in that event, Standard Bank Jersey Limited will not be liable to me/us if any of the investments in respect of which Standard Bank Jersey Limited exercises its discretion or makes recommendations, prove unsuitable. I/We recognize my/our responsibility to inform Standard Bank Jersey Limited should there be any change in my/our circumstances, requirements and investment objectives. Name Position Signature Date DD-MM-YYYY Name Position Signature Date DD-MM-YYYY Name Position Signature Date DD-MM-YYYY Name Position Signature Date DD-MM-YYYY Personal - Please provide the signatures of ...