Common use of Responsibility for Errors in Execution Clause in Contracts

Responsibility for Errors in Execution. As between Broker and GAIN, GAIN shall be responsible for all Customer orders and deals and for any errors in the recording, transmission, processing, execution, clearing, settlement or reporting of such orders or deals. Broker shall be responsible to transmit to GAIN Orally-transmitted Trade orders it receives from Customers.

Appears in 2 contracts

Sources: Forex Introducing Broker Agreement (GAIN Capital Holdings, Inc.), Forex Introducing Broker Agreement (GAIN Capital Holdings, Inc.)