Third Party Authorisation. 21.1. You may choose to authorise and nominate a third person to place instructions and/or Orders for you or on your behalf or to handle any other matters related to the Client Trading Account, provided that you notify the Company in writing of this and your authorised nominee is approved by the Company and satisfies all of the Company requirements. It is your sole responsibility to monitor the activities of any nominee you authorise and you remain legally responsible for any actions they take for you or on your behalf. The Company is not liable for any loss or damage caused by any instructions given or Orders placed by your authorised nominee. 21.2. Unless the Company receives a written notification from you advising of the termination and/or revocation of the authorization of the person as described above, you agree the Company may continue accepting instructions and/or Orders for your Client Trading Account given by this person such instructions and/or Orders as valid. 21.3. The Company may (but is not obliged to) refuse to accept Orders and/or other instructions relating to the Client Trading Account from the third party: (a) if the Company reasonably suspects that the third person is not legally allowed or properly authorised to act for you or on your behalf; (b) a default occurs; (c) to comply with relevant market rules and or practices and Applicable Laws; (d) to protect your interest(s) (in the reasonable view of the Company).
Appears in 2 contracts
Sources: Client Agreement, Client Agreement