Common use of Trading Account Closure Procedures Clause in Contracts

Trading Account Closure Procedures. i. A customer trading account can be closed either by the Company or upon the customer’s request. ii. In the case of voluntary closure of accounts, the customer should submit a written application to CSR. iii. The Company may close the customer account, in the event that: a. Customer has a recurring history of defaults; or b. Customer is blacklisted under Anti- Money Laundering Act and Regulations. iv. CSR should ascertain and document in the internally prepared “Trading Account Closing Form” the reasons for closing the account. v. Based on CSR’s assessment, if there is an opportunity to save the account from being closed, retention efforts should be documented in the “Trading Account Closing Form”.

Trading Account Closure Procedures. i. A customer trading account Client Account can be closed either by the Company or upon the customerClient’s request. ii. In the case of voluntary closure of accounts, the customer Client should submit a written application to CSR. iii. The Company may close the customer Client account, in the event that: : a. Customer Client has a recurring history of defaults; or or b. Customer Client is blacklisted under Anti- relevant Anti-Money Laundering Act and Laws/ Regulations. iv. CSR should ascertain and document in the internally prepared “Trading Account Closing Form” the reasons for closing the account. v. Based on CSR’s assessment, if there is an opportunity to save the account from being closed, retention efforts should be documented in the “Trading Account Closing Form”.

Trading Account Closure Procedures. i. A customer trading account can be closed either by the Company or upon the customer’s request. ii. In the case of voluntary closure of accounts, the customer should submit a written application to CSR. iii. The Company may close the customer account, in the event that: a. Customer has a recurring history of defaults; or b. Customer is blacklisted under Anti- Money Laundering Act and Regulations. iv. CSR should ascertain and document in the internally prepared ““ Trading Account Closing Form” the reasons for closing the account. v. Based on CSR’s assessment, if there is an opportunity to save the account from being closed, retention efforts should be documented in the ““ Trading Account Closing Form”” .