Common use of Client Money Handling Rules Clause in Contracts

Client Money Handling Rules. 16.1. The Company will promptly place any Client money it receives into one or more segregated account(s) with reliable financial institutions (i.e. an affiliate, a bank, a market, a settlement agent, a clearing house or OTC counterparty) and the Client funds will be segregated from the Company’s own money and cannot be used in the course of its business. The Client money shall be treated, at all times, in accordance with the applicable ‘Client Money’ rules, as amended from time to time.

Appears in 12 contracts

Samples: Terms and Conditions, Terms and Conditions, Terms and Conditions

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Client Money Handling Rules. 16.1. The Company will promptly place any Client money it receives into one or more segregated account(s) (denoted as ‘client’ accounts) with reliable financial institutions (i.e. an affiliate, chosen by the Company such as a central bank, a market, credit institution or a settlement agent, bank authorised in a clearing house third country or OTC counterparty) and a qualifying money market fund. It is understood that the Client funds will be segregated from has the Company’s own right to object to his money and cannot be used in the course of its business. The Client being held with a qualifying money shall be treated, at all times, in accordance with the applicable ‘Client Money’ rules, as amended from time to timemarket fund.

Appears in 9 contracts

Samples: Client Agreement, Client Agreement, Client Agreement

Client Money Handling Rules. 16.1. The Company will promptly place any Client money it receives into one or more segregated account(s) (denoted as ‘client accounts’) with reliable financial institutions (i.e. an affiliate, chosen by the Company such as a central bank, a market, credit institution or a settlement agent, bank authorized in a clearing house third country or OTC counterparty) and the Client funds will be segregated from the Company’s own a qualifying money market fund and cannot be used in the course of its the business. The It is understood that the Client has the right to object to his money shall be treated, at all times, in accordance being held with the applicable ‘Client Money’ rules, as amended from time to timea qualifying money market fund.

Appears in 7 contracts

Samples: Client Agreement, Client Agreement, Client Agreement

Client Money Handling Rules. 16.1. The Company will promptly place any Client money it receives into one or more segregated account(s) with reliable financial institutions (i.e. an affiliate, for example a bank, a market, a settlement agent, a clearing house or OTC counterparty) and the Client funds will be segregated from the Company’s own money and cannot be used in the course of its business. The Client money shall be treated, at all times, in accordance with the applicable ‘Client Money’ rules, as amended from time to time.

Appears in 6 contracts

Samples: Terms and Conditions, Terms and Conditions, Terms and Conditions

Client Money Handling Rules. 16.1. 21.1 The Company will promptly place any Client money it receives into one or more segregated account(s) with reliable financial institutions (i.e. an affiliateintermediate broker, a bank, a market, a settlement agent, a clearing house or OTC counterparty) and the Client funds will be segregated from the Company’s own money and cannot be used in the course of its business. The Client money shall be treated, at all times, in accordance with the applicable ‘Client Money’ rules, as amended from time to time.

Appears in 4 contracts

Samples: Client Agreement, Client Agreement, Client Agreement

Client Money Handling Rules. 16.114.1. The Company will promptly place any Client money it receives into one or more segregated account(s) (denoted as ‘client’ accounts) with reliable financial institutions (i.e. an affiliate, chosen by the Company such as a central bank, a market, credit institution or a settlement agent, bank authorised in a clearing house third country or OTC counterparty) and a qualifying money market fund. It is understood that the Client funds will be segregated from has the Company’s own right to object to his money and cannot be used in the course of its business. The Client being held with a qualifying money shall be treated, at all times, in accordance with the applicable ‘Client Money’ rules, as amended from time to timemarket fund.

Appears in 4 contracts

Samples: Client Agreement, Client Agreement, Client Agreement

Client Money Handling Rules. 16.1. The Company will promptly place any Client money it receives into one or more segregated account(s) with reliable financial credit institutions (i.e. an affiliate, a bank, a market, a settlement agent, a clearing house or OTC counterparty) and the Client funds will be segregated from the Company’s own money and cannot be used in the course of its business. The Client money shall be treated, at all times, in accordance with the applicable ‘Client Money’ rules, as amended from time to time.

Appears in 3 contracts

Samples: Terms and Conditions, Terms and Conditions, Terms and Conditions

Client Money Handling Rules. 16.1. 23.1 The Company will promptly place any Client money it receives into one or more segregated account(s) with reliable financial institutions (i.e. an affiliateintermediate broker, a bank, a market, a settlement agent, a clearing house or OTC counterparty) and the Client funds will be segregated from the Company’s own money and cannot be used in the course of its business. The Client money shall be treated, at all times, in accordance with the applicable ‘Client Money’ rules, as amended from time to time.

Appears in 3 contracts

Samples: Client Agreement, Client Agreement, Client Agreement

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Client Money Handling Rules. 16.1. The Company will promptly place any Client money it receives into one or more segregated account(s) with reliable financial institutions (i.e. an affiliateintermediate broker, a bank, a market, a settlement agent, a clearing house or OTC counterparty) and the Client funds will be segregated from the Company’s own money and cannot be used in the course of its business. The Client money shall be treated, at all times, in accordance with the applicable ‘Client Money’ rules, as amended from time to time.

Appears in 2 contracts

Samples: Client Agreement, Client Agreement

Client Money Handling Rules. 16.1. The 1.The Company will promptly place any Client money it receives into one or more segregated account(s) with reliable financial institutions (i.e. an affiliate, for example a bank, a market, a settlement agent, a clearing house or OTC counterparty) and the Client funds will be segregated from the Company’s own money and cannot be used in the course of its business. The Client money shall be treated, at all times, in accordance with the applicable ‘Client Money’ rules, as amended from time to time.

Appears in 1 contract

Samples: Terms and Conditions

Client Money Handling Rules. 16.1. 16.1 The Company will promptly place any Client money it receives into one or more segregated account(s) with reliable financial institutions (i.e. i.e an affiliate, a bank, a market, a settlement agent, a clearing house or OTC counterparty) and the Client funds will be segregated from the Company’s own money and cannot be used in the course of its business. The Client money shall be treated, at all times, in accordance with the applicable Client Moneyrules, as amended from time to time.

Appears in 1 contract

Samples: everestcm.com

Client Money Handling Rules. 16.1. The Company will promptly place any Client money it receives into one or more segregated account(s) with reliable financial credit institutions (i.e. an affiliate, a bank, a market, a settlement agent, a clearing house or OTC counterpartybanks) and the Client funds will be segregated from the Company’s own money funds and cannot be used in the course of its business. The Client money shall be treated, at all times, in accordance with the applicable ‘Client Money’ rules, as amended from time to time.

Appears in 1 contract

Samples: Client Agreement Terms and Conditions

Client Money Handling Rules. 16.11. The Company will promptly place any Client money it receives into one or more segregated account(s) with reliable financial institutions (i.e. an affiliate, for example a bank, a market, a settlement agent, a clearing house or OTC counterparty) and the Client funds will be segregated from the Company’s own money and cannot be used in the course of its business. The Client money shall be treated, at all times, in accordance with the applicable ‘Client Money’ rules, as amended from time to time.

Appears in 1 contract

Samples: Terms and Conditions

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