Common use of OPT-DOWN FROM AN ELIGIBLE COUNTERPARTY Clause in Contracts

OPT-DOWN FROM AN ELIGIBLE COUNTERPARTY. 28.6. A client who is considered an Eligible Counterparty has the right to opt-down; this means that the client can request a higher level of protection, namely protection that is offered to a Professional client or Retail client; unless an Eligible Counterparty expressly and specifically requests treatment as a Retail client, the client’s request will be considered as a request to be treated as a Professional Client; an Eligible Counterparty has the right to a general opt-down, covering all business conducted with us or on a “product category basis”, provided, however, that we are not obliged to accept such a categorization.

Appears in 6 contracts

Samples: Client Agreement, Client Agreement, www.oexn.com

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OPT-DOWN FROM AN ELIGIBLE COUNTERPARTY. 28.6. 29.4 A client who is considered an Eligible Counterparty has the right to opt-down; this means that the client can request a higher level of protection, namely protection that is offered to a Professional client or Retail client; unless an Eligible Counterparty expressly and specifically requests treatment as a Retail client, the client’s request will be considered as a request to be treated as a Professional Client; an Eligible Counterparty has the right to a general opt-down, covering all business conducted with us or on a “product category basis”, provided, however, that we are not obliged to accept such a categorizationcategorisation.

Appears in 4 contracts

Samples: murrenfx.com, Client Agreement, tradecmx.com

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OPT-DOWN FROM AN ELIGIBLE COUNTERPARTY. 28.6. A client who is considered an Eligible Counterparty has the right to opt-down; this means that the client can request a higher level of protection, namely protection that is offered to a Professional client or Retail client; unless an Eligible Counterparty expressly and specifically requests specificallyrequests treatment as a Retail client, the client’s request will be considered as a request to be treated as a Professional Client; an Eligible Counterparty has the right to a general opt-down, covering all business conducted with us or on a “product category basis”, provided, however, that we are not obliged to accept such a categorization.

Appears in 1 contract

Samples: Client Agreement

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