Common use of Opposite Positions Clause in Contracts

Opposite Positions. MTC currently follows a Direct Market Access (DMA) and/or ECN agency model protocol, which is also imposed on them by their Prime Brokerage. All trades are routed directly through to the interbank marketplace via a bridge and price aggregation engine to manifold liquidity providers via contractual agreement lodged with MTC’s Prime Brokerage. Please note that while this is currently the case, MTC may provide b-book services, run risk, and hedge client positions in the future if desired and this may change at some point in the future at MTC’s sole discretion should MTC wish to cater to a wider retail client base, and should they be within their legal boundaries to do so.

Appears in 2 contracts

Sources: General Terms and Conditions, General Terms and Conditions

Opposite Positions. MTC currently follows a Direct Market Access (DMA) and/or ECN agency model protocol, which is also imposed on them by their Prime Brokerage. All trades are routed directly through to the interbank marketplace via a bridge and price aggregation engine to manifold liquidity providers via contractual agreement lodged with MTC’s Prime Brokerage. Please note that while this is currently the case, MTC may provide b-book services, run risk, and hedge client positions in the future if desired and this may change at some point in the future at MTC’s sole discretion should MTC wish to cater to a wider retail client base, and should they be within their legal boundaries to do so.. Mt.Cook Financial

Appears in 1 contract

Sources: General Terms and Conditions