Common use of Client Accounts Clause in Contracts

Client Accounts. 5.1. All of your dealings (including Transactions) will be within your Client Profile established with us, which may include several trading accounts within that Client Profile. 5.2. Unless you have specifically requested us to open separate Accounts, you will be taken to have only one Client Profile, with Transactions in respect of each Financial Product or fi- nancial service provided to you being recorded under that Client Profile. 5.3. A Client may be comprised of two or more persons. If the Client is comprised of more than one person then the Account will be deemed to be held by the persons as joint tenants. The joint holding will only be deemed not to be held as joint tenants if there is a court determination that it is not held as joint tenants. 5.4. Each person constituting the Client (as recorded on the Application Form) are jointly and severally liable for the obligations under this Agreement, and we may act on the instruc- tions of any one of those persons. 5.5. The calculations, reporting and administration may be performed by us separately for each Account, so that (without limitation): a) Margin calculations may be managed, and enforcement action may be taken for each Account separately; b) we may at any time aggregate one or more Accounts (for reporting or managing Margins or otherwise for the purposes of this Agreement), even if you cannot im- mediately access reports for aggregated Accounts; c) we may set off any amount owing by you (including any negative balance in one or more Accounts) against any amount we owe you in any other Account, without notice. 5.6. We may choose, in our absolute discretion, which Financial Products, Transactions, cash, or account balance or other property to apply to offset a debt owed by you to us. For the avoidance of doubt, this right of set off (and other rights of set off under this Agreement) apply in respect of rights and obligations across more than one trading Account. You agree that we may apply the set off as among one or more trading Accounts, before an Event of Default on and following an Event of Default. 5.7. We may, with or without prior notice, and in addition to any other rights we have under this Agreement, do any one of or all of the following: a) Close-Out or cancel all or part, as we reasonably consider appropriate, any Trans- action; b) reduce your positions limits; c) refuse your Orders; d) suspend your Account (if we reasonably consider that appropriate); e) terminate this Agreement (if we reasonably consider that appropriate); f) adjust the price, size or value of an Open Position; or g) adjust the Margin Cover requirement.

Appears in 5 contracts

Sources: Client Agreement, Client Agreement, Client Agreement

Client Accounts. 5.1. All of your dealings (including Transactions) will be within your Client Profile established with us, which may include several trading accounts within that Client Profile. 5.2. Unless you have specifically requested us to open separate Accounts, you will be taken to have only one Client Profile, with Transactions in respect of each Financial Product or fi- nancial financial service provided to you being recorded under that Client Profile. 5.3. A Client may be comprised of two or more persons. If the Client is comprised of more than one person then the Account will be deemed to be held by the persons as joint tenants. The joint holding will only be deemed not to be held as joint tenants if there is a court determination that it is not held as joint tenants. 5.4. Each person constituting the Client (as recorded on the Application Form) are jointly and severally liable for the obligations under this Agreement, and we may act on the instruc- tions instructions of any one of those persons. 5.5. The calculations, reporting and administration may be performed by us separately for each Account, so that (without limitation): a) Margin calculations may be managed, and enforcement action may be taken for each Account separately; b) we may at any time aggregate one or more Accounts (for reporting or managing Margins or otherwise for the purposes of this Agreement), even if you cannot im- mediately immediately access reports for aggregated Accounts; c) we may set off any amount owing by you (including any negative balance in one or more Accounts) against any amount we owe you in any other Account, without notice. 5.6. We may choose, in our absolute discretion, which Financial Products, Transactions, cash, or account balance or other property to apply to offset a debt owed by you to us. For the avoidance of doubt, this right of set off (and other rights of set off under this Agreement) apply in respect of rights and obligations across more than one trading Account. You agree that we may apply the set off as among one or more trading Accounts, before an Event of Default on and following an Event of Default. 5.7. We may, with or without prior notice, and in addition to any other rights we have under this Agreement, do any one of or all of the following: a) Close-Out or cancel all or part, as we reasonably consider appropriate, any Trans- actionTransaction; b) reduce your positions limits; c) refuse your Orders; d) suspend your Account (if we reasonably consider that appropriate); e) terminate this Agreement (if we reasonably consider that appropriate); f) adjust the price, size or value of an Open Position; or g) adjust the Margin Cover requirement.

Appears in 1 contract

Sources: Client Agreement

Client Accounts. 5.1. 4.1 All of your dealings (including Transactions) will be within your Client Profile established Account held with us, which may include several trading accounts within that Client ProfileAccount. 5.2. 4.2 Unless you have specifically requested us to open separate Accounts, you will be taken to have only one Client ProfileAccount, with Transactions in respect of each Financial Product or fi- nancial financial service provided to you being recorded under in that Client ProfileAccount. 5.3. 4.3 A Client may be comprised composed of two or more persons. If the Client is comprised composed of more than one person then the Account will be deemed to be held by the persons as joint tenants. The joint holding will only be deemed not to be held as joint tenants if there is a court determination that it is not held as joint tenants. 5.4. 4.4 Each person constituting the Client (as recorded on the Application Form) are jointly and severally liable for the obligations under this Agreement, and we may act on the instruc- tions instructions of any one of those persons. 5.5. 4.5 The calculations, reporting and administration may be performed by us separately for each Account, so that (without limitation): (a) Margin calculations may be managed, and enforcement action may be taken for each Account separately; (b) we may at any time aggregate one or more Accounts (for reporting or managing Margins or otherwise for the purposes of this Agreement), even if you cannot im- mediately immediately access reports for aggregated Accounts; (c) we may set off any amount owing by you (including any negative balance in one or more Accounts) against any amount we owe you in any other Account, without notice. 5.6. 4.6 We may choose, in our absolute discretion, which Financial Products, Transactions, cash, or account balance or other property to apply to offset a debt owed by you to us. For the avoidance of doubt, this right of set off (and other rights of set off under this Agreement) apply in respect of rights and obligations across more than one trading Account. You agree that we may apply the set off as among one or more trading Accounts, before an Event of Default on and following an Event of Default. 5.7. 4.7 We may, with or without prior notice, and in addition to any other rights we have under this Agreement, Agreement do any one of or all of the following: (a) Close-Out or cancel all or part, as we reasonably consider appropriate, any Trans- action; Transaction; (b) reduce your positions limitslimit; (c) refuse your Orders; (d) suspend your Account (if we reasonably consider that appropriate); (e) terminate this Agreement (if we reasonably consider that appropriate); (f) adjust the price, size or value of an Open Position; or (g) adjust the Margin Cover requirement.

Appears in 1 contract

Sources: Client Agreement

Client Accounts. 5.1. All of your dealings (including TransactionsTransac- tions) will be within your Client Profile established with us, which may include several trading accounts within that Client Profile. 5.2. Unless you have specifically requested us to open separate Accounts, you will be taken to have only one Client Profile, with Transactions in respect of each Financial Fi- nancial Product or fi- nancial financial service provided to you being recorded under that Client Profile. 5.3. A Client may be comprised of two or more persons. If the Client is comprised of more than one person then the Account Ac- count will be deemed to be held by the persons as joint tenants. The joint holding hold- ing will only be deemed not to be held as joint tenants if there is a court determination deter- mination that it is not held as joint tenantsten- ants. 5.4. Each person constituting the Client (as recorded on the Application Form) are jointly and severally liable for the obligations obli- gations under this Agreement, and we may act on the instruc- tions instructions of any one of those persons. 5.5. The calculations, reporting and administration admin- istration may be performed by us separately sep- arately for each Account, so that (without with- out limitation): a) Margin calculations may be managed, and enforcement action ac- tion may be taken for each Account Ac- count separately; b) we may at any time aggregate one or more Accounts (for reporting re- porting or managing Margins or otherwise for the purposes of this Agreement), even if you cannot im- mediately immediately access reports for aggregated Accounts; c) we may set off any amount owing ow- ing by you (including any negative nega- tive balance in one or more AccountsAc- counts) against any amount we owe you in any other Account, without notice. 5.6. We may choose, in our absolute discretiondiscre- tion, which Financial Products, TransactionsTransac- tions, cash, or account balance or other property to apply to offset a debt owed by you to us. For the avoidance of doubt, this right of set off (and other rights of set off under this Agreement) apply in respect of rights and obligations obliga- tions across more than one trading AccountAc- count. You agree that we may apply the set off as among one or more trading Accounts, before an Event of Default on and following an Event of Default. 5.7. We may, with or without prior notice, and in addition to any other rights we have under this Agreement, do any one of or all of the following: a) Close-Out or cancel all or part, as we reasonably consider appropriateap- propriate, any Trans- actionTransaction; b) reduce your positions limitslimit; c) refuse your Orders; d) suspend your Account (if we reasonably consider that appropriateappro- priate); e) terminate this Agreement (if we reasonably consider that appropriateappro- priate); f) adjust the price, size or value of an Open Position; or g) adjust the Margin Cover requirementrequire- ment.

Appears in 1 contract

Sources: Client Agreement

Client Accounts. 5.1. All of your dealings (including Transactions) will be within your Client Profile established Account held with us, which may include several trading accounts within that Client Profile. 5.2Account. Unless you have specifically requested us to open separate Accounts, you will be taken to have only one Client ProfileAccount, with Transactions in respect of each Financial Product or fi- nancial financial service provided to you being recorded under in that Client Profile. 5.3Account. A Client may be comprised of two or more persons. If the Client is comprised of included in more than one person person, then the Account will be deemed to be held by the persons as joint tenants. The joint mutual holding will only be deemed considered not to be held as joint tenants if there is a court determination that it is not held stored as joint tenants. 5.4. Each person constituting the Client (as recorded on the Application Form) are is jointly and severally liable for the obligations under this Agreement, and we may act on the instruc- tions instructions of any one of those persons. 5.5. The calculations, reporting reporting, and administration may be performed by us separately for each Account, Account so that (without limitation): a) ):  Margin calculations may be managed, and enforcement action may be taken for each Account separately; b) we .  We may at any time aggregate one or more Accounts (for reporting or managing Margins or otherwise for the purposes of this Agreement), even if you cannot im- mediately immediately access reports for aggregated Accounts; c) we .  We may set set-off any amount owing by you owe (including any negative balance in one or more Accounts) against any amount we owe you in any other Account, Account without notice. 5.6. We may choose, in In our absolute discretion, we may choose which Financial Products, Transactions, cash, or account balance or other property to apply to offset a debt owed by you to owe us. For the avoidance of To avoid doubt, this right of set set-off (and other rights of set set-off under this Agreement) apply in respect of applies regarding rights and obligations across more than one trading Account. You agree that we may apply the set set-off as among one or more trading Accounts, Accounts before an Event of Default on and following an Event of Default. 5.7. We may, with or without prior notice, and in addition to any other rights we have under this Agreement, do any one of or all of the following: a) Close-:  Close Out or cancel all or part, as we reasonably consider appropriate, any Trans- action; b) reduce Transaction;  Reduce your positions limits; c) refuse position limit;  Refuse your Orders; d) suspend ;  Suspend your Account (if we reasonably consider that appropriate); e) terminate ;  Terminate this Agreement (if we reasonably consider that appropriate); f) adjust ;  Adjust the price, size size, or value of an Open Position; or g) adjust or  Adjust the Margin Cover requirement.

Appears in 1 contract

Sources: Terms and Conditions