Common use of Trade Confirmations and Reporting Clause in Contracts

Trade Confirmations and Reporting. 13.1. The Company shall provide the Client with adequate reporting in respect of the Client’s transactions as provided by Applicable Regulations. 13.2. The Company will, depending on the Transaction and on whether it should be reported under Applicable Regulations, reports the Transactions to the competent authority as provided by Applicable 13.3. The Company will publish annually the information required in regard to Execution Venues as required by Applicable Regulations in a machine-readable electronic format, available for downloading by the Client. 13.4. Under CySEC Rules, the Company shall have to provide the Client with periodic reports and reporting as agreed with the Client and in compliance with Applicable Regulations. Written periodic statements (the “Reports”) for each Transaction executed during the reporting period shall be sent to the Client in a Durable Medium within ten (10) Business Days following the quarter termination date or from the date of receipt by the Company of the Client’s written notice with a request of submission of the Report. The Client is entitled to make reasonable written objections to a Report within five (5) Business Days from the date when the Report is received by the Client. If the Client expresses no objections during this period, the Report is considered as approved by the Client and deemed to be conclusive and binding on 13.5. The Client is obliged to provide the Company with the correct postal and e-mail address for the purposes of clause 14.1. It is the Client’s responsibility to inform the Company of any change to his postal address or email address (or any other relevant personal information). Reports and trade confirmations sent by post, electronically transmitted or otherwise sent to the Client, will be deemed to have been received by the Client when sent to the relevant address. 13.6. The reporting of the Company shall contain a fair and balanced review of the activities undertaken and of the performance of the Portfolio during the relevant period as well as include the following Information: 1. The time period to which the information contained in the Report relates. 2. The Company’s name. 3. The full name, in case of a physical person or the trade name in case of a legal person or other designation of the Client Account. 4. A statement of the contents and the valuation of the Portfolio, including details of each Financial Instrument held its market value, or fair value if market value is unavailable and the cash balance at the beginning and at the end of the reporting period, and the performance of the Portfolio during the reporting period. 5. The total amount of fees and charges incurred during the reporting period, itemizing at least total management fees and total costs associated with execution, and including, where relevant, a statement that a more detailed breakdown will be provided on request. 6. A comparison of performance during the period covered by the statement with the investment performance benchmark (if any) if so agreed between the Company and the Client. 7. The total amount of dividends, interest and other payments received during the reporting period in relation to the Client's Portfolio. 8. Information about other Corporate Actions giving rights in relation to Financial Instruments held in the Portfolio. 13.7. Unless the Client elects to receive information about executed transactions on a transaction by transaction basis immediately after each executed Transaction in a Durable Medium, the following information for each Transaction executed during the period where relevant: 1. the trading day; 2. the trading time; 3. the type of the transaction; 4. the venue identification; 5. the instrument identification; 6. the buy/sell indicator; 7. the nature of the transaction if other than buy/sell; 8. the quantity; 9. the unit price; 10. the total consideration; 11. The total commissions and expenses. 12. Other information in accordance to Applicable Regulations. 13.8. Unless where the Company will be providing to the Client access to an Online System where up to date valuations of the Client’s portfolio may be accessed by the Client as provided by Applicable Regulations, the frequency of the Reports will be every three months or where the Client so requests it every three months, unless provided otherwise by Applicable Regulations.

Trade Confirmations and Reporting. 13.1. The Company shall provide the Client with adequate reporting in respect of the Client’s transactions as provided by Applicable Regulations. 13.2. The Company will, depending on the Transaction and on whether it should be reported under Applicable Regulations, reports report the Transactions to the competent authority as provided by Applicable 13.3. The Company will publish annually the information required in regard to Execution Venues as required by Applicable Regulations in a machine-readable electronic format, available for downloading by the Client. 13.4. Under CySEC Rules, the Company shall have to provide the Client with periodic reports and reporting as agreed with the Client and in compliance with Applicable Regulations. Written periodic statements (the “Reports”) for each Transaction executed during the reporting period shall be sent to the Client in a Durable Medium within ten (10) Business Days following the quarter termination date or from the date of receipt by the Company of the Client’s written notice with a request of submission of the Report. The Client is entitled to make reasonable written objections to a Report within five (5) Business Days from the date when the Report is received by the Client. If the Client expresses no objections during this period, the Report is considered as approved by the Client and deemed to be conclusive and binding on 13.5. The Client is obliged to provide the Company with the correct postal and e-mail address for the purposes of clause 14.1. It is the Client’s responsibility to inform the Company of any change to his postal address or email address (or any other relevant personal information). Reports and trade confirmations sent by post, electronically transmitted or otherwise sent to the Client, will be deemed to have been received by the Client when sent to the relevant address. 13.6. The reporting of the Company shall contain a fair and balanced review of the activities undertaken and of the performance of the Portfolio during the relevant period as well as include the following Informationinformation: 1. The time period to which the information contained in the Report relates. 2. The Company’s name. 3. The full name, in case of a physical person or the trade name in case of a legal person or other designation of the Client Account. 4. A statement of the contents and the valuation of the Portfolio, including details of each Financial Instrument held held, its market value, or fair value if market value is unavailable and the cash balance at the beginning and at the end of the reporting period, and the performance of the Portfolio during the reporting period. 5. The total amount of fees and charges incurred during the reporting period, itemizing at least total management fees and total costs associated with execution, and including, where relevant, a statement that a more detailed breakdown will be provided on request. 6. A comparison of performance during the period covered by the statement with the investment performance benchmark (if any) if so agreed between the Company and the Client. 7. The total amount of dividends, interest and other payments received during the reporting period in relation to the Client's Portfolio. 8. Information about other Corporate Actions giving rights in relation to Financial Instruments held in the Portfolio. 13.7. Unless the Client elects to receive information about executed transactions on a transaction by transaction transactionbytransaction basis immediately after each executed Transaction in a Durable Medium, the following information for each Transaction executed during the period where relevant: 1. the trading day; 2. the trading time; 3. the type of the transaction; 4. the venue identification; 5. the instrument identification; 6. the buy/sell indicator; 7. the nature of the transaction if other than buy/sell; 8. the quantity; 9. the unit price; 10. the total consideration; 11. The the total commissions and expenses. 12. Other information in accordance to Applicable Regulations. 13.8. Unless where the Company will be providing to the Client access to an Online System where up to date valuations of the Client’s portfolio may be accessed by the Client as provided by Applicable Regulations, the frequency of the Reports will be every three months or where the Client so requests it every three months, unless provided otherwise by Applicable Regulations.