Clearance Accounts. If any of your account(s) is carried by any Bear Xxxxxxx entity as clearing agent for your broker, unless such Bear Xxxxxxx entity receives from you prior written notice to the contrary, it may accept from such other broker, without any inquiry or investigation: (a) orders for the purchase or sale of securities and other property in your account(s) on margin or otherwise and (b) any other instructions concerning your account(s) or the property therein. You understand and agree that Bear Xxxxxxx shall have no responsibility or liability to you for any acts or omissions of such broker, its officers, employees or agents. You agree that your broker and its employees are third-party beneficiaries of this Agreement and that the terms and conditions hereof, including the arbitration provision, shall be applicable to all matters between or among any of you, your broker and its employees and Bear Xxxxxxx and its employees.
Clearance Accounts. You agree that Pershing and its employees are third party beneficiaries of this Agreement, and that the terms and conditions hereof, including, but not limited to, the Arbitration and Telephone Conversations provisions, shall be applicable to all matters between or among any of you, Pershing and its employees, and the Executing Broker and its employees.
Clearance Accounts. Bear, Xxxxxxx Securities Corp. carries your account(s) as clearing agent for your broker. Unless Bear, Xxxxxxx Securities Corp. receives from you prior written notice to the contrary, Bear Xxxxxxx Securities Corp. may accept from such other broker, without any inquiry or investigation: (a) orders for the purchase or sale of securities and other property in your account(s) on margin or otherwise and (b) any other instructions concerning your account(s) or the property therein. You understand and agree that Bear Xxxxxxx shall have no responsibility or liability to you for any acts or omissions of such broker, its officers, employees or agents. You agree that your broker and its employees are third-party beneficiaries of this Agreement, and that the terms and conditions hereof, including the arbitration provision, shall be applicable to all matters between or among any of you, your broker and its employees, and Bear Xxxxxxx and its employees.
Clearance Accounts. In the event Customer’s Prime Brokerage Transactions are executed by Customer’s broker, who has introduced Customer’s account to the Clearing Broker for clearance services only, Customer agrees that Customer’s broker and its employees are third part beneficiaries of this Agreement, and that the terms and conditions hereof, including but not limited to, the Arbitration and Telephone Conversation provisions, shall be applicable to all matters between or among any of Customer, Customer’s broker and its employees, and the Clearing Broker and its employees.
Clearance Accounts. If Xxxxxxxxxx Securities carries your account as clearing broker by arrangement with another broker through whose courtesy your account has been introduced, then unless Xxxxxxxxxx Securities receives from you a written notice to the contrary, Xxxxxxxxxx Securities shall accept from such other broker, without any inquiry or investigation by us, (i) orders for the purchase and sale of securities and other property on margin or otherwise, and (ii) any other instructions concerning said account. You understand Xxxxxxxxxx Securities shall have no responsibility or liability to you for any acts or omissions of such other broker, its officers, employees or agents.
Clearance Accounts. If your account has been introduced to us by another broker, that broker is acting as your agent and your broker in this relationship is not an agent of or affiliated with us. You agree that your broker and its employees are third-party beneficiaries of this Agreement. Unless we receive from you prior written notice to the contrary, we may accept from such other broker, without any inquiry or investigation: (a) orders for the purchase or sale of securities and other property in your account on margin or otherwise; and (b) any other instructions concerning your account or the property therein. You understand and agree that our role is limited to execution, clearing and bookkeeping for transactions made pursuant to instructions from you or your broker, and we generally will not inquire into the circumstances surrounding any transaction for your account. We are not responsible for any acts or omissions of your broker, including, but not limited to, sales practices, trading practices or recommendations. You agree to look solely to your broker for redress of any loss or damage arising out of circumstances other than our own gross negligence or willful misconduct in the execution, clearance or bookkeeping of transactions for your account. You understand and agree that we will pay a substantial portion of the brokerage commissions charged to your account in consideration of introducing and servicing your account.
Clearance Accounts. If your account has been introduced to us by another broke r, that broker is acting as your agent and your broker in this relationship is not an agent of or affiliated with us. You agree that your broker and its employees are third-party beneficiaries of this Agreement. Unless we receive from you prior written notice to the contrary, we may accept from such other broke r, without any inquiry or investigation: (a) orders for the purchase or sale of securities and other property in your account on margin or otherwise; and (b) any other instructions concerning your account or the property therein. YOU UNDERSTAND AND AGREE THAT OUR ROLE IS LIMITED TO EXECUTION, CLEARING AND BOOKKEEPING FOR TRANSACTIONS MADE PURSUANT TO INSTRUCTIONS FROM YOU OR YOUR BROKER, AND WE GENERALLY WILL NOT INQUIRE INTO THE CIRCUMSTANCES SURROUNDING ANY TRANSACTION FOR YOUR ACCOUNT. WE ARE NOT RESPONSIBLE FOR ANY ACTS OR OMISSIONS OF YOUR BROKE R, INCLUDING, BUT NOT LIMITED TO, SALES PRACTICES, TRADING PRACTICES OR RECOMMENDATIONS. YOU AGREE TO LOOK SOLELY TO YOUR BROKER FOR REDRESS OF ANY LOSS OR DAMAGE ARISING OUT OF CIRCUMSTANCES OTHER THAN OUR OWN GROSS NEGLIGENCE OR WILLFUL MISCONDUCT IN THE EXECUTION, CLEARANCE OR BOOKKEEPING OF TRANSACTIONS FOR YOUR ACCOUNT. YOU UNDERSTAND AND AGREE THAT WE WILL PAY A SUBSTANTIAL PORTION OF THE BROKERAGE COMMISSIONS CHARGED TO YOUR ACCOUNT IN CONSIDERATION OF INTRODUCING AND SERVICING YOUR ACCOUNT.
Clearance Accounts. In the event your Prime Brokerage Transactions are executed by your broker, who has introduced your account to Axos Clearing for clearance services only, you agree that your broker and its employees are third party beneficiaries of this Agreement, and that the terms and conditions hereof, including, but not limited to, the Arbitration and Telephone Conversations provisions, shall be applicable to all matters between or among any of you, your broker and its employees, and Axos Clearing and its employees.
Clearance Accounts. If Jefferies carries your account as clearing broker by arrangement with another broker through whose courtesy your account has been introduced, then unless Jefferies receives from you a written notice to the contrary, Jefferies shall accept from such other broker, without any inquiry or investigation by it (i) orders for the purchase or sale in your account of securities and other property on margin or otherwise, and (ii) any other instructions concerning said account. You understand and agree that Jefferies shall have no responsibility or liability to you for any acts or omissions of such other broker, its officers, employees or agents, and that Jefferies' sole responsibilities to you relate to the execution, clearing and bookkeeping of transactions in your account(s).
Clearance Accounts. You hereby agree that because your Prime Brokerage Transactions are executed by Fxxxxx Xxxx, who has introduced your account to Clearing Agent for clearance services only, you agree that Fxxxxx Xxxx and its employees are third party beneficiaries of this Agreement, and that the terms and conditions hereof, including, but not limited to, the Arbitration and Telephone Conversations provisions, shall be applicable to all matters between or among any of you, Fxxxxx Xxxx and its employees, and Clearing Agent and its employees.
