Common use of REPORTING TO YOU Clause in Contracts

REPORTING TO YOU. (a) Confirmations: In respect of each Contract entered by us with you, a Confirmation will appear in the Trading Platform. If the Confirmation does not appear you must contact us immediately and if you do not do so the details, or lack thereof, that we have recorded in relation to the Contract will be deemed to have been accepted by you. The prices quoted on Confirmations sent to the Client will be net of any charges, which may not be separately identified. The Client agrees to receive Confirmations in this form. (b) Monthly statement: A monthly statement in respect of each Account, including any positions which you may have, will be sent by us to you within 14 days of the end of each calendar month. For the purposes of such monthly statement, we will report all currency balances on the Account in the relevant currency and in the Base Currency, based upon the month-end Ingot Brokers (Australia) Pty Ltd, (Ingot Brokers) Exchange Rate.

Appears in 2 contracts

Sources: Client Agreement, Client Agreement