Common use of Transmission of Orders Clause in Contracts

Transmission of Orders. All orders shall be transmitted to Clearing Agent by Introducing Firm in accordance with procedures as Clearing Agent may implement for that purpose. Introducing Firm shall have sole and exclusive responsibility for reasonably ensuring that orders are properly, timely and accurately transmitted to Clearing Agent.

Appears in 2 contracts

Sources: Fully Disclosed Clearing Agreement (Cowen Group, Inc.), Fully Disclosed Clearing Agreement (Cowen Group, Inc.)