Common use of Introducers Clause in Contracts

Introducers. The Client, introduced to the Company through introducers, acknowledges and confirms that the Company is not responsible for the conduct and/or representations of the introducers or its associated persons while representing the Client to the Company. The Client agrees to waive any claims the Client may have against the Company, and to indemnify and hold the Company harmless for any acts or omissions of the introducer or its associated persons. The Client acknowledges and confirms that the Company does not bear responsibility for whatever agreements may be reached between the Client and the Client’s introducer. The Client furthermore confirms and acknowledges that an introducer may act only independently or as an Agent of the Client and that the introducer is not authorised to make representations concerning the Company or its services nor is authorised to act on behalf of the Company as an agent or otherwise. The Client acknowledges and confirms that the Company has the right to provide the Client’s introducer and its associated persons with the information related to the transactions of the Client’s accounts. The Client acknowledges, agrees and confirms that additional costs, including but not limited to increased spread, commission, fees etc, and may be applicable in cases where the Client is introduced to the Company through introducer, since the Company may be required to pay commissions, fees or other related costs to the introducer and associated persons. Costs related to transactions are provided to clients prior to commencement of business relationship or during the business relationship in cases of changes.