Common use of SCOPE OF THESE TERMS AND CONDITIONS Clause in Contracts

SCOPE OF THESE TERMS AND CONDITIONS. All Transactions and all Contracts entered into between FXDD and the Customer, shall be governed by these Terms and Conditions which include the Schedules and the Risk Disclosures (“General Terms and Conditions”) of FXDD. Additionally, all transactions under these Terms and Conditions shall be subject to the constitution, by‐laws, rules, regulations, customs, usage, rulings and interpretations of the counterparty institution or other Interbank Market (and its clearing organization, if any) where such transactions are executed and to all applicable laws and regulations. If any law shall hereafter be enacted or a rule or regulation shall hereafter be adopted which shall be binding and mandatory upon FXDD and shall affect it in any manner or be inconsistent with any of the provisions hereof, the affected provision of these Terms and Conditions shall be deemed modified or superseded, as the case may be by the applicable provisions of such statute, rule or regulation, and all other provisions of these Terms and Conditions and provisions so modified shall in all respects continue in full force and effect. Customer acknowledges that all transactions under these Terms and Conditions are subject to the aforementioned requirements and Customer shall not thereby be given any independent legal or contractual rights with respect to such requirements. Any proposals for, additions to, or modifications of these Terms and Conditions, absent written agreement by an authorised person employed by FXDD expressly accepting such proposals, additions or modifications, are void and shall have no effect. These Terms and Conditions refer and extend to a potential relationship between the Customer and FXDD in Products offered on the FXDD Platform/s as is commonly dealt in the international Interbank Market, and all other provisions of this Agreement notwithstanding, the Customer agrees, understands and warrants that the dealing relationship between the Customer and FXDD hereunder shall be limited to the services and instruments covered by the Licence. Customer accepts and agrees that ▇▇▇▇▇▇▇▇’s Orders are to be executed outside an exchange, regulated market or multilateral trading facility (MTF). Subject to the terms and conditions of these Terms and Conditions, the full completion of the Application and acceptance of Customer’s Application to open an Account with FXDD, FXDD will open and maintain account(s) in Customer’s name for the purpose of engaging in cash settled transactions with and for Customer for the Products.

Appears in 1 contract

Sources: Customer Agreement

SCOPE OF THESE TERMS AND CONDITIONS. All Transactions and all Contracts entered into between FXDD and the Customer, shall be governed by these Terms and Conditions which include the Schedules and the Risk Disclosures (“General Terms and Conditions”) of FXDD. Additionally, all transactions under these Terms and Conditions shall be subject to the constitution, by‐lawsby-laws, rules, regulations, customs, usage, rulings and interpretations of the counterparty institution or other Interbank Market (and its clearing organization, if any) where such transactions are executed and to all applicable laws and regulations. If any law shall hereafter be enacted or a rule or regulation shall hereafter be adopted which shall be binding and mandatory upon FXDD and shall affect it in any manner or be inconsistent with any of the provisions hereof, the affected provision of these Terms and Conditions shall be deemed modified or superseded, as the case may be by the applicable provisions of such statute, rule or regulation, and all other provisions of these Terms and Conditions and provisions so modified shall in all respects continue in full force and effect. Customer acknowledges that all transactions under these Terms and Conditions are subject to the aforementioned requirements and Customer shall not thereby be given any independent legal or contractual rights with respect to such requirements. Any proposals for, additions to, or modifications of these Terms and Conditions, absent written agreement by an authorised person employed by FXDD expressly accepting such proposals, additions or modifications, are void and shall have no effect. These Terms and Conditions refer and extend to a potential relationship between the Customer and FXDD in Products offered on the FXDD Platform/s as is commonly dealt in the international Interbank Market, and all other provisions of this Agreement notwithstanding, the Customer agrees, understands and warrants that the dealing relationship between the Customer and FXDD hereunder shall be limited to the services and instruments covered by the Licence. Customer accepts and agrees that ▇▇▇▇▇▇▇▇’s Orders are to be executed outside an exchange, regulated market or multilateral trading facility (MTF). Subject to the terms and conditions of these Terms and Conditions, the full completion of the Application and acceptance of Customer’s Application to open an Account with FXDD, FXDD will open and maintain account(s) in Customer’s name for the purpose of engaging in cash settled transactions with and for Customer for the Products.

Appears in 1 contract

Sources: Customer Agreement

SCOPE OF THESE TERMS AND CONDITIONS. ‌‌ 4.1. All Transactions and all Contracts entered into between FXDD and the Customer, shall be governed by these Terms and Conditions which include the Schedules and the Risk Disclosures (“General Terms and Conditions”) of FXDD. Additionally, all transactions under these Terms and Conditions shall be subject to the constitution, by‐lawsby-laws, rules, regulations, customs, usage, rulings and interpretations of the counterparty institution or other Interbank Market (and its clearing organization, if any) where such transactions are executed and to all applicable laws and regulations. If any law shall hereafter be enacted or a rule or regulation shall hereafter be adopted which shall be binding and mandatory upon FXDD and shall affect it in any manner or be inconsistent with any of the provisions hereof, the affected provision of these Terms and Conditions shall be deemed modified or superseded, as the case may be by the applicable provisions of such statute, rule or regulation, and all other provisions of these Terms and Conditions and provisions so modified shall in all respects continue in full force and effect. Customer acknowledges that all transactions under these Terms and Conditions are subject to the aforementioned requirements and Customer shall not thereby be given any independent legal or contractual rights with respect to such requirements. 4.2. Any proposals for, additions to, or modifications of these Terms and Conditions, absent written agreement by an authorised authorized person employed by FXDD expressly accepting such proposals, additions or modifications, are void and shall have no effectnoeffect. 4.3. These Terms and Conditions refer and extend to a potential relationship between the Customer and FXDD in Products offered on the FXDD Platform/s as is commonly dealt in the international Interbank Market, and all other provisions of this Agreement notwithstanding, the Customer agrees, understands and warrants that the dealing relationship between the Customer and FXDD hereunder shall be limited to the services and instruments covered by the LicenceLicense. 4.4. Customer accepts and agrees that ▇▇▇▇▇▇▇▇’s Orders are to be executed outside an exchange, regulated market or multilateral trading facility (MTF). 4.5. Subject to the terms and conditions of these Terms and Conditions, the full completion of the Application and acceptance of Customer’s Application to open an Account with FXDD, FXDD will open and maintain account(s) in Customer’s name for the purpose of engaging in cash settled transactions with and for Customer for the Products. 5. RISK ACKNOWLEDGEMENTS‌ 5.1. CUSTOMER ACKNOWLEDGES AND UNDERSTANDS THAT TRADING AND INVESTMENT IN THE PRODUCTS IS HIGHLY SPECULATIVE, INVOLVES AN EXTREME DEGREE OF RISK, AND IS GENERALLY APPROPRIATE ONLY FOR PERSONS WHO CAN ASSUME RISK OF LOSS IN EXCESS OF THEIR MARGIN DEPOSIT. Customer understands that price changes in may result in significant losses. Such losses may substantially exceed Customer’s investment and margin deposit. By Customer directing FXDD to enter into any contract for any of the Products, any profit or loss arising as a result of a fluctuation in the exchange rate affecting such Currency will be entirely for the Customer’s account and risk, all initial and subsequent deposits for margin purposes shall be made in such amounts as FXDD may in its sole discretion require; and FXDD is authorized to convert funds in Customer’s account for margin into and from such foreign currency at a rate of exchange determined by FXDD in its sole discretion on the basis of the then prevailing money market rates. FXDD will send a notice to the Customer via e-mail confirming execution of the order as soon as possible and no later than the first business day following execution or, where the confirmation is received by the FXDD from a third party, no later than the first business day following receipt of the confirmation from the third party.

Appears in 1 contract

Sources: Customer Agreement