Common use of Customer Trades Clause in Contracts

Customer Trades. You hereby authorize the Executing Broker to inform your Prime Broker on the OMGEO/DTC ID System, or any successor system, of all the details of each Prime Brokerage Transaction you instruct to be cleared by Pershing for your account, including, but not limited to, the contract amount, the security involved, the number of shares or number of units, and whether the transaction was a long, short or short exempt or a purchase (collectively, the “Trade Data”), and you hereby agree to inform your Prime Broker of the Trade Data on trade date by the time designated to you by your Prime Broker. In the event of any discrepancy in the Trade Data reported to your Prime Broker by you and the Trade Data reported to your Prime Broker by the Executing Broker, you shall be responsible for resolving such discrepancy promptly, and you shall be liable to the Executing Broker for any loss, cost or expense sustained by the Executing Broker or Pershing arising out of such Prime Brokerage Transaction.

Customer Trades. You hereby authorize the Executing Broker Axos Clearing to inform your Prime Broker on the OMGEO/DTC ID System, or any successor system, of all the details of each Prime Brokerage Transaction you instruct to be cleared by Pershing Axos Clearing for your account, including, but not limited to, the contract amount, the security involved, the number of shares or number of units, and whether the transaction was a longlong short, short or short exempt sale or a purchase (collectively, the “"Trade Data”"), and you hereby agree to inform your Prime Broker of the Trade Data on trade date by the time designated to you by your Prime Broker. In the event of any discrepancy in the Trade Data reported to your Prime Broker by you and the Trade Data reported to your Prime Broker by the Executing BrokerAxos Clearing, you shall be responsible for resolving such discrepancy promptly, and you shall be liable to the Executing Broker Axos Clearing for any loss, cost or expense sustained by the Executing Broker or Pershing Axos Clearing arising out of such Prime Brokerage Transaction.

Customer Trades. You hereby authorize the Executing Broker to inform your Prime Broker on the OMGEO/DTC ID System, or any successor system, of all the details of each Prime Brokerage Transaction you instruct to be cleared by Pershing for your account, including, but not limited to, the contract amount, the security involved, the number of shares or number of units, and whether the transaction was a long, short or short exempt or a purchase (collectively, the “"Trade Data”"), and you hereby agree to inform your Prime Broker of the Trade Data on trade date by the time designated to you by your Prime Broker. In the event of any discrepancy in the Trade Data reported to your Prime Broker by you and the Trade Data reported to your Prime Broker by the Executing Broker, you shall be responsible for resolving such discrepancy promptly, and you shall be liable to the Executing Broker for any loss, cost or expense sustained by the Executing Broker or Pershing arising out of such Prime Brokerage Transaction.

Customer Trades. You hereby authorize the Executing Broker to inform your Prime Broker on the OMGEO/DTC ID System, or any successor system, of all the details of each Prime Brokerage Transaction you instruct to be cleared by Pershing for your account, including, but not limited to, the contract amount, the security involved, the number of shares or number of units, and whether the transaction was a long, short long or short exempt sale or a purchase (collectively, the “Trade Data”), and you hereby agree to inform your Prime Broker of the Trade Data on trade date by the time designated to you by your Prime Broker. In the event of any discrepancy in the Trade Data reported to your Prime Broker by you and the Trade Data reported to your Prime Broker by the Executing Broker, you shall be responsible for resolving such discrepancy promptly, and you shall be liable to the Executing Broker for any loss, cost cost, or expense sustained by the Executing Broker or Pershing arising out of such Prime Brokerage Transaction.