Common use of RELATIONSHIP BETWEEN THE COMPANY AND THE CLIENT Clause in Contracts

RELATIONSHIP BETWEEN THE COMPANY AND THE CLIENT. 19.1. The Company reserves the right to use, employ or appoint third qualified and duly trained persons for the purpose of mediating in the execution of Orders and the conclusion of Transactions for the Client. 19.2. The Company declares that it takes all necessary measures, where possible, in order to anticipate or solve any conflicts of interest between, on the one hand itself and its associated persons and clients and on the other hand, its Clients. However, the Company draws the Client’s attention to the following possibilities of a conflict of interest: (a) The Company or any associated company or any company which is a member of the group of companies to which the Company belongs to, might: i. Enter itself into an agreement with the Client in order to execute his Order; ii. Be an issuer of the underlying assets or future contract on which the Financial Instruments in which the Client wishes to conclude a transaction is based; iii. Act on its behalf or for another client as purchaser or seller or may have an interest in the underlying assets or future contract on which the Financial Instruments of the issuer in which the Client wishes to conclude a transaction is based; or future contract on which the Financial Instrument is based; (b) The Company may execute different orders (even contrary to one another) on behalf of different clients. (c) The Company may mitigate the risk associated with the Client's transactions with, and obtain coverage for such risk from, any company which is a member of the group of companies to which the Company belongs.

RELATIONSHIP BETWEEN THE COMPANY AND THE CLIENT. 19.1. The Company reserves the right to use, employ or appoint third qualified and duly trained persons for the purpose of mediating in the execution of Orders and the conclusion of Transactions for the Client. 19.2. The Company declares that it takes all necessary measures, where possible, in order to anticipate or solve any conflicts of interest between, on the one hand itself and its associated persons and clients and on the other hand, its Clients. However, the Company draws the Client’s attention to the following possibilities of a conflict of interest: (a) : The Company or any associated company or any company which is a member of the group of companies to which the Company belongs to, might: i. : Enter itself into an agreement with the Client in order to execute his Order; ii. ; Be an issuer of the underlying assets or future contract on which the Financial Instruments in which the Client wishes to conclude a transaction is based; iii. ; Act on its behalf or for another client as purchaser or seller or may have an interest in the underlying assets or future contract on which the Financial Instruments of the issuer in which the Client wishes to conclude a transaction is based; or Act as an agent, or have any trading or other relationship with any issuer of the underlying assets or future contract on which the Financial Instrument is based; (b) ; The Company may execute different orders (even contrary to one another) on behalf of different clients. (c) . The Company may mitigate the risk associated with the Client's transactions with, and obtain coverage for such risk from, any company which is a member of the group of companies to which the Company belongs.