Clearing Broker Sample Clauses

Clearing Broker. BNYM Clearing, as agent, is responsible solely for the execution, clearing and/or carrying of Contracts in each Account in accordance with the terms of this Agreement. Customer and Customer’s advisor (“Advisor”), if any, are solely responsible for all investment and trading decisions for the Account. All transactions for or on Customer’s behalf in any Account maintained for Customer shall be deemed to be included in a single Account, whether or not such transactions appear on BNYM Clearing’s records in separate Accounts, either severally or jointly with others.

Clearing Broker. Nothing herein shall cause JHCC's customers to be construed or interpreted as customers of PSI for any other purpose, or to negate the intent of any other section of this Agreement, including, but not limited to, the delineation of responsibilities as set forth elsewhere in this Agreement.

Clearing Broker. TradePMR is a securities broker/dealer registered with the U.S. Securities and Exchange Commission (SEC) and a member of the Financial Industry Regulatory Authority, Inc. (FINRA) and the Securities Investment Protection Corporation (SIPC). Advisor has entered into this Agreement with TradePMR, which has entered into an agreement with its clearing firm to execute and clear securities transactions in securities accounts managed by Advisor. Said clearing firm will carry and maintain such securities accounts except as otherwise provided in this Agreement. Trade-PMR, Inc. reserves the right to adjust its pricing without notice in the event of a change in pricing from its clearing firm(s).

Clearing Broker. I acknowledge that I have been informed that you have entered into a clearing agreement with PERSHING, which specifies the functions and responsibilities of you and PERSHING with respect to certain matters affecting my account, and that a description of that agreement is available upon my written request.

Clearing Broker. The party that maintains a futures clearing account for the Customer and to which the positions resulting from orders executed by an Executing Broker pursuant to the Agreement ultimately are given up. The Clearing Broker must be licensed as a futures intermediary in its home jurisdiction, but is not required to be a member of any exchange. Section 3 of the Agreement provides that, in instances where a Clearing Broker is not a member of the exchange on which the trades are executed, it may use the services of a clearing member to clear the positions on the exchange on its behalf. However, these agents are often affiliates of the Clearing Broker in another jurisdiction (see “Use of Agents” below for clarification of when entities should be named parties to a Give-Up Agreement). Nonetheless, the Clearing Broker must remain responsible to the Customer for its obligations under the Agreement. Usually the clearing member, when acting as agent for the Clearing Broker is not a party to the Agreement; however at least one exchange, the London Metal Exchange (“LME”) does require it.

Clearing Broker. My Account is carried by ▇▇▇▇▇▇▇▇, pursuant to a Clearing Agreement between Pershing and Price. This means that ▇▇▇▇▇▇▇▇ holds my money and securities for safekeeping at the direction of Price and in accordance with the terms of the Clearing Agreement. For a description of all of the functions performed by Price and Pershing, which may not all be applicable to my Account, please consult the Disclosure Statement in Section 30 of this Agreement.

Clearing Broker. If Customer's account is carried by CFG only as the clearing broker, Customer acknowledges that CFG is not responsible for the conduct, representations and statements of the introducing broker or its associated persons in the handling of Customer's account. Customer agrees to waive any claims Customer may have against CFG, and to indemnify and hold CFG harmless for any actions or omissions of the introducing broker or its associated persons.