Common use of Trading Facilities Clause in Contracts

Trading Facilities. Most of the electronic transaction facilities are through computer and network-based systems for the transmission, execution, matching, registration, and transaction clearing of transaction instructions. Like all facilities and systems, they are susceptible to temporary failures. The customer's ability to recover certain losses may be limited by: limited liability or exemption clauses set by the system provider, market, clearing house, and/or member company. These limited liability and exemption clauses may vary.

Appears in 2 contracts

Sources: Customer Agreement, Customer Agreement

Trading Facilities. Most of the electronic transaction trading facilities are operate through computer and network-based systems for the transmission, execution, matching, registrationrecording, and transaction clearing of transaction trading instructions. Like all facilities and systems, they are susceptible to temporary failuresmalfunctions. The customer's ability of customers to recover certain losses may be limited by: limited by liability or exemption disclaimer clauses set by the system providerproviders, marketmarkets, clearing houseclearinghouses, and/or member companyfirms. These limited liability and exemption disclaimer clauses may vary.

Appears in 1 contract

Sources: Client Agreement