Trade Execution Services Sample Clauses

The Trade Execution Services clause defines the responsibilities and procedures for carrying out the buying and selling of financial instruments on behalf of a client. It typically outlines how orders are placed, the standards for best execution, and any limitations or conditions under which trades will be executed. For example, it may specify the types of markets or platforms used, or the timing and method of order confirmation. The core function of this clause is to ensure transparency and efficiency in the execution of trades, while clarifying the obligations of the service provider and protecting the interests of the client.
POPULAR SAMPLE Copied 1 times
Trade Execution Services. The Client will be responsible for opening an account with SIA’s chosen qualified custodian, Interactive Brokers (the "Custodian"), to have custody of, and to handle the purchase and/or sale transactions of the securities or other investments in the Client Account upon online execution by SIA. The Client hereby authorizes SIA to receive duplicates of the Custodian’s regular statements. SIA shall not receive any commission or compensation from any broker/dealer or Custodian for transactions in the Client Account. SIA will not be responsible for, nor liable to the Client, for any loss or liability incurred by the Client by reason of any action, omission, or inaction on the part of the Custodian. The Client is solely responsible for determining if, and to what extent, the Custodian insures the Client Account. By the execution of this Agreement, the Client specifically authorizes Custodian Interactive Brokers, having custody of the Client Account, to receive trading instructions from SIA on behalf of the Client, and said Custodian may rely on this Agreement as such authorization. The Client agrees to sign such third party trading authorizations as may be required for this purpose by the Custodian. The Client hereby designates Interactive Brokers as Custodian. (Initials ).
View Source
Trade Execution Services. The Client will be responsible for selecting the Broker/Dealer having custody of (the "Client Broker"), and to handle the purchase and/or sale transactions of the securities or other investments in the Client Account upon instructions from New West. The Client hereby authorizes New West to receive duplicates of the Client Broker's regular statements. While New West may from time to time recommend broker/dealers to the Client with which New West may have a special trading relationship, such recommendation will be made to minimize commission or other transaction costs to the Client or to assure quality brokerage service to the Client and New West. New West shall not receive any commission or compensation from any broker/dealer for transactions in the Client Account without the written consent of the Client. New West will not be responsible for, nor liable to the Client, for any loss or liability incurred by the Client by reason of any action, omission, or inaction on the part of the Client Broker, whether or not said Client Broker, was recommended by New West. The Client is solely responsible for determining if, and to what extent, the Client Broker insures the Client Account. By the execution of this Agreement, the Client specifically authorizes any broker/dealer selected by the Client, having custody of the Client Account to receive trading instructions from New West on behalf of the Client, and said broker/dealer may rely on this Agreement as such authorization. Client agrees to sign such third party trading authorizations as may be required for this purpose by the Client Broker. Client designates
View Source
Trade Execution Services 
View SourceView Similar (2)

Related to Trade Execution Services

  • Acquisition Services (i) Serve as the Company’s investment and financial advisor and provide relevant market research and economic and statistical data in connection with the Company’s assets and investment objectives and policies; (ii) Subject to Section 4 hereof and the investment objectives and policies of the Company: (a) locate, analyze and select potential investments; (b) structure and negotiate the terms and conditions of transactions pursuant to which investments in Properties, Loans and other Permitted Investments will be made; (c) acquire, originate and dispose of Properties, Loans and other Permitted Investments on behalf of the Company; (d) arrange for financing and refinancing and make other changes in the asset or capital structure of investments in Properties, Loans and other Permitted Investments; and (e) enter into leases, service contracts and other agreements for Properties, Loans and other Permitted Investments; (iii) Perform due diligence on prospective investments and create due diligence reports summarizing the results of such work; (iv) Prepare reports regarding prospective investments that include recommendations and supporting documentation necessary for the Directors to evaluate the proposed investments; (v) Obtain reports (which may be prepared by the Advisor or its Affiliates), where appropriate, concerning the value of contemplated investments of the Company; (vi) Deliver to or maintain on behalf of the Company copies of all appraisals obtained in connection with the Company’s investments; and (vii) Negotiate and execute approved investments and other transactions, including prepayments, maturities, workouts and other settlements of Loans and other Permitted Investments.

  • Transition Services The Purchasers will provide to the Sellers termination assistance as reasonably requested in order to provide an orderly transition following the termination of the Agreement (or any portion thereof), and the Sellers will provide to the Purchasers reasonable cooperation and assistance in connection therewith. In connection with this transition assistance, the Purchasers and Sellers will reasonably cooperate in the transition of the Services from the Purchasers to any Replacement Provider. With respect to the Serviced Appointments subject to termination, the Sellers shall provide the Purchasers with notice of the effective date (each, a “Transition Effective Date”) of the transition of the Services to a Replacement Provider. Notwithstanding any termination of the Agreement (or any portion thereof) in accordance with this Article II, with respect to the Serviced Appointments subject to termination, the rights and obligations of the parties under the Servicing Agreement shall remain in effect until the applicable Transition Effective Date.

  • Information Services The Custodian may rely upon information received from issuers of Securities or agents of such issuers, information received from Subcustodians or depositories, information from data reporting services that provide detail on corporate actions and other securities information, and other commercially reasonable industry sources; and, provided the Custodian has acted in accordance with the standard of care set forth in Section 6 (a), the Custodian shall have no liability as a result of relying upon such information sources, including but not limited to errors in any such information.

  • Transactional Services The Service Provider shall communicate to its Customers, as to shares of the Fund, purchase, redemption and exchange orders reflecting the orders it receives from its Customers or from any brokers and banks for their Customers. The Service Provider shall also communicate to beneficial owners holding through it, and to any brokers or banks for beneficial owners holding through them, as to shares of the Fund, mergers, splits and other reorganization activities, and require any broker or bank to communicate such information to its Customers.

  • Construction Services 3.1.1 Basic Construction Services. 3.1.2 Meetings and Schedule Updates.