Common use of Margin Agreements Clause in Contracts

Margin Agreements. At the time of opening of each margin account, Correspondent will furnish Pens▇▇ ▇▇▇h a Pens▇▇ Customer Margin and Short Account Agreement, executed by the Customer, on the form furnished to Correspondent by Pens▇▇. Correspondent may use a substitute form upon written approval by Pens▇▇.

Appears in 2 contracts

Sources: Fully Disclosed Clearing Agreement (Penson Worldwide Inc), Fully Disclosed Clearing Agreement (Penson Worldwide Inc)