Common use of Trading Facilities Clause in Contracts

Trading Facilities. Electronic trading facilities are supported by computer-based component systems for the order-routing, execution, matching, registration or clearing of trades. As with all facilities and systems, they are vulnerable to temporary disruption or failure. Your ability to recover certain losses may be subject to limits on liability imposed by the system provider, the market, the clearing house and/or participant firms. Such limits may vary: you should ask us for details in this respect. You have the option to opt out from “trade execution” notifications. By opting out, there are risks, including the lack of notification of whether trades have been successfully executed or if there are unusual trades or mistakes, there may be a delay in your discovery of such issues if such notifications are not sent through.

Appears in 4 contracts

Sources: Securities Account Agreement, Securities Account Agreement, Securities Account Agreement