TRADE CONFIRMATIONS. Trades executed online will be confirmed online at the time of the trade and trades entered into by telephone will be confirmed verbally and online by 17:30 ET on the day of execution. Reports of the confirmation of orders and statements of Accounts for Customer shall be deemed correct and shall be conclusive and binding upon Customer the sooner of: (i) two (2) Business Days after transmittal to Customer by posted mail; or (ii) immediately with respect to Orders confirmed via the XXXXX.xxx Canada Online Trading System. Customer may object to confirmations and statements by telephone within the time frames identified above, but any such objection must be confirmed by e-mail to xxxxxx@xxxxx.xxx or in writing within two (2) Business Days thereafter to XXXXX.xxx Canada (which confirmation shall be deemed received only if actually delivered or mailed by registered mail, return receipt requested to XXXXX.xxx Canada at such address). Failure to object shall be deemed ratification by Customer of all actions taken by XXXXX.xxx Canada or XXXXX.xxx Canada’s agents prior to Customer’s receipt of such reports. Customer’s failure to receive a trade confirmation shall not relieve Customer of the obligation to object as set out herein. Customer agrees to immediately call to XXXXX.xxx Canada’s attention any oral information that Customer has reason to believe is inconsistent with Customer’s own information. Customer understands, acknowledges and agrees that errors, whether resulting in a profit or loss to Customer, shall be corrected, and Customer’s Account will be credited or debited in such manner and extent as to place Customer’s Account in the same position in which it would have been had the error not occurred.
Appears in 4 contracts
Samples: Customer Agreement, Customer Agreement, Customer Agreement
