Potential conflict of interests. Subject to applicable laws, rules and regulations, GTJAS shall be entitled to:- (a) act in any capacity for any other person or buy, sell, hold or deal in any Securities for GTJAS’s own Account even if similar Securities may be in the Client’s Account or covered by the Instruction in respect of the Client’s Account; (b) purchase for the Client’s Securities, fully or partially, held by GTJAS from GTJAS’s own Account; (c) purchase for GTJAS’s own Account Securities, fully or partially, from the Client’s Account; (d) match the Client’s order with that of GTJAS’s client(s) by acting on his or their behalf as well as on the Client’s behalf; (e) take the opposite position to the Client’s order whether it is on GTJAS’s own Account or is on behalf of other clients of GTJAS; and (f) deal in Securities where GTJAS is involved in a new issue, rights issue, takeover or similar Transaction concerning such Securities, provided that in cases under (b), (c), and (d) above, the terms of any Transaction in which the Client is involved are not less favorable to the Client than they would have been, had the Transaction been entered into at arm’s length on the day in question. To the extent permissible under applicable laws, regulations and rules, GTJAS shall not be liable to the Client for or obligated to disclose to the Client, any commission, profits or other benefits whatsoever resulting from GTJAS’s carrying out any of the above actions or entering into any of the above Transactions.
Appears in 2 contracts
Sources: Client Agreement for Securities Trading, Client Agreement for Securities Trading
Potential conflict of interests. Subject to applicable laws, rules and regulations, GTJAS shall be entitled to:-
(a) act in any capacity for any other person or buy, sell, hold or deal in any Securities for GTJAS’s own Account even if similar Securities may be in the Client’s Account or covered by the Instruction in respect of the Client’s Account;
(b) purchase for the Client’s Securities, fully or partially, held by GTJAS from GTJAS’s own Account;
(c) purchase for GTJAS’s own Account Securities, fully or partially, from the Client’s Account;
(d) match the Client’s order with that of GTJAS’s client(s) by acting on his its or their behalf as well as on the Client’s behalf;
(e) take the opposite position to the Client’s order whether it is on GTJAS’s own Account or is on behalf of other clients of GTJAS; and
(f) deal in Securities where GTJAS is involved in a new issue, rights issue, takeover or similar Transaction concerning such Securities, provided that in cases under (b), (c), and (d) above, the terms of any Transaction in which the Client is involved are not less favorable to the Client than they would have been, had the Transaction been entered into at arm’s length on the day in question. To the extent permissible under applicable laws, regulations and rules, GTJAS shall not be liable to the Client for or obligated to disclose to the Client, any commission, profits or other benefits whatsoever resulting from GTJAS’s carrying out any of the above actions or entering into any of the above Transactions.
Appears in 2 contracts
Sources: Client Agreement for Securities Trading, Client Agreement for Securities Trading