Common use of Trading Clause in Contracts

Trading. Customer authorizes ▇▇▇▇▇.▇▇▇ to purchase and sell physically settled and cash settled Foreign Exchange Contracts and Cross Currency Contracts and Metal Contracts on a spot basis for Customer’s Account in accordance with Customer’s instructions received through the ▇▇▇▇▇.▇▇▇ Online Trading System, MetaTrader® Online Trading System or via telephone to the ▇▇▇▇▇.▇▇▇ Trading Desk, subject to the terms of this Agreement, including the Annexes hereto and the Customer Account Application, including any applicable addenda thereto. Customer agrees to be conclusively responsible for any instruction received electronically that is identified with Customer’s password and Account number and for any electronic, oral and written instruction (including, but not limited to, any Order) to ▇▇▇▇▇.▇▇▇ from persons ▇▇▇▇▇.▇▇▇, in its sole judgment, believes are apparently authorized by Customer. If Customer’s Account is titled as a joint account, ▇▇▇▇▇.▇▇▇ is authorized to act on the instructions of any one owner, without further inquiry, with regard to trading in the Account and the disposition of any and all assets in the Account. ▇▇▇▇▇.▇▇▇ shall have no responsibility for further inquiry into such apparent authority and no liability for the consequences of any actions taken or failed to be taken by ▇▇▇▇▇.▇▇▇ in reliance on any such instructions or on the apparent authority of any such persons.

Trading. Customer authorizes ▇▇▇▇▇.▇▇▇ to purchase and sell physically settled and cash settled Foreign Exchange Contracts and Cross Currency Contracts and Metal Contracts on a spot basis for Customer’s Account in accordance with Customer’s instructions received through the ▇▇▇▇▇.▇▇▇ Online Trading System, MetaTrader® Online Trading System or via telephone to the ▇▇▇▇▇.▇▇▇ Trading Desk, subject to the terms of this Agreement, including the Annexes hereto and the Customer Account Application, including any applicable addenda thereto. Customer agrees to be conclusively responsible for any instruction received electronically that is identified with Customer’s password and Account number and for any electronic, oral and written instruction (including, but not limited to, any Order) to ▇▇▇▇▇.▇▇▇ from persons ▇▇▇▇▇.▇▇▇, in its sole judgment, believes are apparently authorized by Customer. If Customer’s Account is titled as a joint account, ▇▇▇▇▇.▇▇▇ is authorized to act on the instructions of any one owner, without further inquiry, with regard to trading in the Account and the disposition of any and all assets in the Account. ▇▇▇▇▇.▇▇▇ shall have no responsibility for further inquiry into such apparent authority and no liability for the consequences of any actions taken or failed to be taken by ▇▇▇▇▇.▇▇▇ in reliance on any such instructions or on the apparent authority of any such personssuchpersons.

Trading. Customer authorizes ▇▇▇▇▇.▇▇▇ to purchase and sell physically settled and cash settled Foreign Exchange Contracts and Cross Currency Contracts and Metal Contracts on a spot basis for Customer’s Account in accordance with Customer’s instructions received through the ▇▇▇▇▇.▇▇▇ Online Trading System, MetaTrader® Online Trading System or via telephone to the ▇▇▇▇▇.▇▇▇ Trading Desk, subject to the terms of this Agreement, including the Annexes hereto and the Customer Account Application, including any applicable addenda thereto. Customer agrees to be conclusively responsible for any instruction received electronically that is identified with Customer’s password and Account number and for any electronic, oral and written instruction (including, but not limited to, any Order) to ▇▇▇▇▇.▇▇▇ from persons ▇▇▇▇▇.▇▇▇, in its sole judgment, believes are apparently authorized by Customer. If Customer’s Account is titled as a joint account, ▇▇▇▇▇.▇▇▇ is authorized to act on the instructions of any one owner, without further inquiry, with regard to trading in the Account and the disposition of any and all assets in the Account. ▇▇▇▇▇.▇▇▇ shall have no responsibility for further inquiry into such apparent authority and no liability for the consequences of any actions taken or failed to be taken by ▇▇▇▇▇.▇▇▇ in reliance on any such instructions or on the apparent authority of any such persons.

Trading. Customer authorizes ▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ to purchase and sell physically settled and cash settled Foreign Exchange Contracts and Cross Currency Contracts and Metal Contracts on a spot basis for Customer’s Account in accordance with Customer’s instructions received through the ▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ Online Trading System, MetaTrader® Online Trading System or via telephone to the ▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ Trading Desk, subject to the terms of this Agreement, including the Annexes hereto and the Customer Account Application, including any applicable addenda thereto. Customer agrees to be conclusively responsible for any instruction received electronically that is identified identified with Customer’s password and Account number and for any electronic, oral and written instruction (including, but not limited to, any Order) to ▇▇▇▇▇.▇▇▇ from persons ▇▇▇▇▇.▇▇ from persons at ▇▇▇▇▇▇▇▇▇▇▇.▇▇, in its sole judgment, believes are apparently authorized by Customer. If Customer’s Account is titled as a joint account, ▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ is authorized to act on the instructions of any one owner, without further inquiry, with regard to trading in the Account and the disposition of any and all assets in the Account. ▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ shall have no responsibility for further inquiry into such apparent authority and no liability for the consequences of any actions taken or failed to be taken by ▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ in reliance on any such instructions or on the apparent authority of any such persons.

Trading. Customer authorizes ▇▇▇▇▇.▇▇▇ to purchase and sell physically settled and cash settled Foreign Exchange Contracts and Cross Currency Contracts and Metal Contracts Contract on a spot basis for Customer’s Account in accordance with Customer’s instructions received through the ▇▇▇▇▇.▇▇▇ Online Trading System, MetaTrader® Online Trading System System, or via telephone to the ▇▇▇▇▇.▇▇▇ Trading Desk, subject to the terms of this Agreement, including the Annexes hereto and the Customer Account Application, including any applicable addenda thereto. Customer agrees to be conclusively responsible for any instruction received electronically that is identified with Customer’s password and Account number and for any electronic, oral and written instruction (including, but not limited to, any Order) to ▇▇▇▇▇.▇▇▇ from persons ▇▇▇▇▇.▇▇▇, in its sole judgment, believes are apparently authorized by Customer. If Customer’s Account is titled as a joint account, ▇▇▇▇▇.▇▇▇ is authorized to act on the instructions of any one owner, without further inquiry, with regard to trading in the Account and the disposition of any and all assets in the Account. ▇▇▇▇▇.▇▇▇ shall have no responsibility for further inquiry into such apparent authority and no liability for the consequences of any actions taken or failed to be taken by ▇▇▇▇▇.▇▇▇ in reliance on any such instructions or on the apparent authority of any such persons.

Trading. Customer authorizes ▇▇▇▇▇.▇▇▇ to purchase and sell physically settled and cash settled Foreign Exchange Contracts and Cross Currency Contracts and Metal Contracts on a spot basis for Customer’s Account in accordance with Customer’s instructions received through the ▇▇▇▇▇.▇▇▇ Online Trading System, MetaTrader® Online Trading System or via telephone to the ▇▇▇▇▇.▇▇▇ Trading Desk, subject to the terms of this Agreement, including the Annexes hereto and the Customer Account Application, including any applicable addenda thereto. Customer agrees to be conclusively responsible for any instruction received electronically that is identified with Customer’s password and Account number and for any electronic, oral and written instruction (including, but not limited to, any Order) to ▇▇▇▇▇.▇▇▇ from persons ▇▇▇▇▇.▇▇▇, in its sole judgment, believes are apparently authorized by Customer. If Customer’s Account is titled as a joint account, ▇▇▇▇▇.▇▇▇ is authorized to act on the instructions of any one owner, without further inquiry, with regard to trading in the Account and the disposition of any and all assets in the Account. ▇▇▇▇▇.▇▇▇ shall have no responsibility for further inquiry into such apparent authority and no liability for the consequences of any actions taken or failed to be taken by ▇▇▇▇▇.▇▇▇ in reliance on any such instructions or on the apparent authority of any such anysuch persons.