Scope of Addendum. Renaissance agrees to provide the Customer, in accordance with this Addendum and the Agreement, with access to such Order Routing Services (the “Order Routing Service”) and Order Execution Services (the “Order Execution Service”) as it may make available to the Customer, routed either directly or through a Third Party Service Provider. The Order Routing Service includes the electronic routing of both trading and non-trading orders (such as cash transfer requests, securities transfer requests, and administrative requests related to the Customer’s account). The Order Execution Service includes the automatic electronic execution of orders placed by the Customer. Electronic Trading Services may be provided with respect to transactions (each an “Electronic Transaction”) in any Security or Instrument which will be routed through Renaissance and executed by Renaissance or one of our affiliates. The provisions of the Agreement will apply, to the extent relevant and insofar as not specifically addressed in this Addendum, to the provision of the Electronic Trading Services. Additional terms relating to an Electronic Trading Service for a particular market or exchange may be set forth in a supplement to this Addendum. In the event of a direct conflict between any such supplement and the main body of this Addendum, the supplement shall take precedence. If there is any conflict between the terms of this Addendum and the Agreement, the terms of this Addendum shall prevail (but only to the extent that it relates to an Electronic Transaction), otherwise the terms of the Agreement shall prevail.
Appears in 1 contract
Sources: Electronic Trading Addendum
Scope of Addendum. Renaissance agrees to provide the Customer, in accordance with this Addendum and the Agreement, with access to such Order Routing Services order routing services (the “Order Routing Service”) and Order Execution Services order execution services (the “Order Execution Service”) as it may make available to the Customer, routed either directly or through a Third Party Service Provider. The Order Routing Service includes the electronic routing of both trading and non-trading orders (such as cash transfer requests, securities transfer requests, and administrative requests related to the Customer’s account). The Order Execution Service includes the automatic electronic execution of orders placed by the Customer. Electronic Trading Services may be provided with respect to transactions (each an “Electronic Transaction”) in any Security or Instrument which will be routed through Renaissance and executed by Renaissance or one of our affiliatesits Affiliates. The provisions of the Agreement will apply, to the extent relevant and insofar as not specifically addressed in this Addendum, to the provision of the Electronic Trading Services. Additional terms relating to an Electronic Trading Service Services for a particular market or exchange Exchange may be set forth in a supplement to this Addendum. In the event of a direct conflict between any such supplement and the main body of this Addendum, the supplement shall take precedence. If there is any conflict between the terms of this Addendum and the Agreement, the terms of this Addendum shall prevail (but only to the extent that it relates to an Electronic Transaction), otherwise the terms of the Agreement shall prevail.
Appears in 1 contract
Sources: Electronic Trading Addendum