Common use of General Outline Clause in Contracts

General Outline. At the time of opening an account for trading of Stocks, Options, Futures, Exchange Trades Funds, Warrants, Structured Products, Fixed Income products and Mutual Funds, the Client becomes subject to the Best Execution Policy of the Financial Intermediary, as well as when opening a Thematic Portfolio account. Only in situations in which the customer transmits orders directly to the Company, in order for the Company to perform the service of reception and transmission of orders, the Company is deemed to be acting on behalf of its Clients, which means, the Company receives orders from Clients for transmission to the financial intermediary. Notwithstanding Term 36.1.(2), the Company shall not be considered acting on behalf of its Clients when: the orders are transmitted by the Client through the Trading Platform of the Financial Intermediary; or whenever the Client comes into direct contact with the Financial Intermediary to transmit a certain order.

General Outline. (1) At the time of opening an account for trading of Stocks, Options, Futures, Exchange Trades Funds, Warrants, Structured Products, Fixed Income products and Mutual Funds, the Client becomes subject to the Best Execution Policy of the Financial Intermediary, as well as when opening a Thematic Portfolio account. . (2) Only in situations in which the customer transmits orders directly to the Company, in order for the Company to perform the service of reception and transmission of orders, the Company is deemed to be acting on behalf of its Clients, which means, the Company receives orders from Clients for transmission to the financial intermediary. . (3) Notwithstanding Term 36.1.(2), the Company shall not be considered acting on behalf of its Clients when: : i. the orders are transmitted by the Client through the Trading Platform of the Financial Intermediary; or or ii. whenever the Client comes into direct contact with the Financial Intermediary to transmit a certain order.