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 performance of his Portfolio as well as of individual Master Traders which he may be copying from time to time to assess the overall performance of his Portfolio and/or any particular Financial Instrument. The Platform will provide information which will enable the Client to assess whether his Portfolio or particular Financial Instrument has diminished and/or increased in value.
Appears in 4 contracts
Sources: Client Agreement, Client Agreement, Client Agreement
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 performance of his Portfolio as well as of individual Master Traders Signal Providers which he may be copying from time to time to assess the overall performance of his Portfolio and/or any particular Financial Instrument. The Platform will provide information which will enable the Client to assess whether his Portfolio or particular Financial Instrument has diminished and/or increased in value. +▇▇ ▇▇▇ ▇▇▇ ▇▇▇▇ ▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇.▇▇▇
Appears in 1 contract
Sources: Client Agreement