Common use of Responsibility for submitting Orders to the Client Clause in Contracts

Responsibility for submitting Orders to the Client. (i) determines the time at which Orders are submitted through the DMA Service; (ii) is responsible for all Orders submitted through the DMA Service using the Security Information, regardless of who enters such Orders and regardless of whether or not there is an error in the Order entry; (iii) is bound by any agreement entered into on its behalf in reliance on such Orders; (iv) is liable for any reasonable expense incurred by Openmarkets in reliance on such Orders; and (v) accepts the sole risk and responsibility for Orders submitted by it through the DMA Service, including any Order submitted in error.