Money Market Fund. Subject to what option is available to Client (as visible on the WebTrader), when Client chooses the use of Money Market Fund via the WebTrader, Client gives DEGIRO a standing Order to invest all money, which is transferred by Client to the Central Account or that is received for example due to a sales transaction, directly for the account and risk of Client in a Money Market Fund. Further information regarding this way of holding liquidity is provided in the document Investment Services in the Investment Services Information. Further information regarding the several Money Market Funds that clients of DEGIRO can invest in with the standing Order, is provided in the document Investment Funds in the Investment Services Information. Similarly, Client hereby gives a standing Order to DEGIRO to sell as many units of the Money Market Fund in the applicable currency as is necessary to fulfil the payment obligations of Client to DEGIRO or SPV or to perform the transfer of money as instructed by Client.
Appears in 8 contracts
Samples: Client Agreement, Client Agreement, Client Agreement
