Common use of Accounts Carried as Clearing Broker Clause in Contracts

Accounts Carried as Clearing Broker. The undersigned understands that Apex is carrying the accounts of the undersigned as clearing broker by arrangement with the undersigned’s introducing broker through whose courtesy the account of the undersigned has been introduced to Apex Until receipt from the undersigned of written notice to the contrary, Apex mayaccept and rely upon the introducing broker for (a) orders for the purchase or sale in said account of securities andother property, and (b) any other instructions concerning the undersigned’s accounts. The undersigned represents that the undersigned understands that Apex acts only to clear trades introduced by the undersigned’s introducing broker and to effect other backoffice functions for the undersigned’s introducing broker. The undersigned confirms to Apex that the undersigned is relying for any advice concerning the undersigned’s accounts solely on the undersigned’s introducing broker. The undersigned understands that all representatives, employees and other agents with whom the undersigned communicates concerning the undersigned’s account are agents of the introducing broker, and not Apex’s representatives, employees or other agents. The undersigned understands that Apex will not review the undersigned’s accounts and will have no responsibility for trades made in the undersigned’s accounts, including but not limited to for appropriateness or suitability Apex shall not be responsible or liable for any acts or omissions of the introducing broker or its representatives, employees or other agents. The execution of any such trades shall not be deemed to be an approval of such trades. 9. AREBITATIONAGREEMENT. THISAGREEMENT CONTAINSA PREDISPUTE ARBITRATIONCLAUSE. BY SIGNINGAN ARBITRATIONAGREEMENTTHE PARTIES AGREE AS FOLLOWS:

Accounts Carried as Clearing Broker. The undersigned understands that Apex is carrying the accounts of the undersigned as clearing broker by arrangement with the undersigned’s introducing broker through whose courtesy the account of the undersigned has been introduced to Apex Apex. Until receipt from the undersigned of written notice to the contrary, Apex mayaccept may accept and rely upon the introducing broker for (a) orders for the purchase or sale in said account of securities andother and other property, and (b) any other instructions concerning the undersigned’s accounts. The undersigned represents that the undersigned understands that Apex acts only to clear trades introduced by the undersigned’s introducing broker and to effect other backoffice back office functions for the undersigned’s introducing broker. The undersigned confirms to Apex that the undersigned is relying for any advice concerning the undersigned’s accounts solely on the undersigned’s introducing broker. The undersigned understands that all representatives, employees and other agents with whom the undersigned communicates concerning the undersigned’s account are agents of the introducing broker, and not Apex’s representatives, employees or other agents. The undersigned understands that Apex will not review the undersigned’s accounts and will have no responsibility for trades made in the undersigned’s accounts, including but not limited to for appropriateness or suitability suitability. Apex shall not be responsible or liable for any acts or omissions of the introducing broker or its representatives, employees or other agents. The execution of any such trades shall not be deemed to be an approval of such trades. 9. AREBITATIONAGREEMENT. THISAGREEMENT CONTAINSA PREDISPUTE ARBITRATIONCLAUSE. BY SIGNINGAN ARBITRATIONAGREEMENTTHE PARTIES AGREE AS FOLLOWS:.

Accounts Carried as Clearing Broker. The undersigned understands that Apex is carrying the accounts of the undersigned as clearing broker by arrangement with the undersigned’s introducing broker through whose courtesy the account of the undersigned has been introduced to Apex Until receipt from the undersigned of written notice to the contrary, Apex mayaccept may accept and rely upon the introducing broker for (a) orders for the purchase or sale in said account of securities andother and other property, and (b) any other instructions concerning the undersigned’s accounts. The undersigned represents that the undersigned understands that Apex acts only to clear trades introduced by the undersigned’s introducing broker and to effect other backoffice back office functions for the undersigned’s introducing broker. The undersigned confirms to Apex that the undersigned is relying for any advice concerning the undersigned’s accounts solely on the undersigned’s introducing broker. The undersigned understands that all representatives, employees and other agents with whom the undersigned communicates concerning the undersigned’s account are agents of the introducing broker, and not Apex’s representatives, employees or other agents. The undersigned understands that Apex will not review the undersigned’s accounts and will have no responsibility for trades made in the undersigned’s accounts, including but not limited to for appropriateness or suitability Apex shall not be responsible or liable for any acts or omissions of the introducing broker or its representatives, employees or other agents. The execution of any such trades shall not be deemed to be an approval of such trades. 9. AREBITATIONAGREEMENT. THISAGREEMENT CONTAINSA PREDISPUTE ARBITRATIONCLAUSE. BY SIGNINGAN ARBITRATIONAGREEMENTTHE PARTIES AGREE AS FOLLOWS:.

Accounts Carried as Clearing Broker. The undersigned understands that Apex Clearing Corp. is carrying the accounts of the undersigned as clearing broker by arrangement with the undersigned’s introducing broker through whose courtesy the account of the undersigned has been introduced to Apex Clearing Corp.. Until receipt from the undersigned of written notice to the contrary, Apex mayaccept Clearing Corp. may accept and rely upon the introducing broker for (a) orders for the purchase or sale in said account of securities andother and other property, and (b) any other instructions concerning the undersigned’s accounts. The undersigned represents that the undersigned understands that Apex Clearing Corp. acts only to clear trades introduced by the undersigned’s introducing broker and to effect other backoffice back office functions for the undersigned’s introducing broker. The undersigned confirms to Apex Clearing Corp. that the undersigned is relying for any advice concerning the undersigned’s accounts solely on the undersigned’s introducing broker. The undersigned understands that all representatives, employees and other agents with whom the undersigned communicates concerning the undersigned’s account are agents of the introducing broker, and not ApexApex Clearing Corp.’s representatives, employees or other agents. The undersigned understands that Apex Clearing Corp. will not review the undersigned’s accounts and will have no responsibility for trades made in the undersigned’s accounts, including but not limited to for appropriateness or suitability suitability. Apex Clearing Corp. shall not be responsible or liable for any acts or omissions of the introducing broker or its representatives, employees or other agents. The execution of any such trades shall not be deemed to be an approval of such trades. 9. AREBITATIONAGREEMENT. THISAGREEMENT CONTAINSA PREDISPUTE ARBITRATIONCLAUSE. BY SIGNINGAN ARBITRATIONAGREEMENTTHE PARTIES AGREE AS FOLLOWSTHE FOLLOWING ARBITRATION AGREEMENT SHOULD BE READ IN CONJUNCTION WITH THESE DISCLOSURES: