IB account definition

IB account means the special account opened for the sole purpose of crediting the IB’s compensation.
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IB account means the total number of clients’ live trading accounts directly under an IB.
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IB account. The Introducing Broker (IB) profile and campaign through which you direct clients to our platform. Introducer Program: Refers to the program provided by Midori FX to specific individuals or entities, as outlined in this Agreement's terms and conditions, accessible through Midori FX's website. The program aims to enlist the Introducer as an intermediary between Midori FX and potential clients, facilitating the execution of Client Agreements with Midori FX. Intellectual Property Rights: Denotes patents, rights on inventions, copyrights, trademarks, trade names, domain names, website content, rights in design, and computer software, among other equivalent rights, whether registered or not. Loss or Claim: Concerning any individual, it encompasses harm, loss, cost, expense, or liability incurred by that person, or any legal action, proceeding, or demand made against them. This includes events arising in any manner, whether present or future, fixed or unascertained, actual or contingent. Products: Include all trading financial instruments offered by the Company, as available on the Company’s Website and subject to amendments. Promotional Material: Encompasses promotional, advertising, communication, and educational materials related to the Company, its products and services, or the introduction of a Prospective Client, provided to a Partner for the purpose of this Agreement.
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Examples of IB account in a sentence

  • The Company has a right to deactivate an IB account in case an Introducing Broker does not use it for more than one (1) calendar year (including but not limited to any login operations, changes of settings, withdrawal of commission).

  • In case of Introducing Broker’s violation of any Agreement provisions, the Company reserves the right to terminate this Agreement between the Parties, to block their IB account, to detach all the clients from the Introducing Broker, and cancel all the bonuses and the entire Introducing Broker’s commission associated with their clients without prior notice.

  • In case of Introducing ▇▇▇▇▇▇’s violation of any Agreement provisions, the Company reserves the right to terminate this Agreement between the Parties, to block their IB account, to detach all the clients from the Introducing Broker, and cancel all the bonuses and the entire Introducing ▇▇▇▇▇▇’s commission associated with their clients without prior notice.

  • Customer unconditionally agrees that, upon a Default, IB may terminate any or all IB's obligations to Customer and IB shall have the right in its discretion, but not the obligation, without prior notice, to liquidate all or any part of Customer's positions in any IB account, individual or joint, at any time and any manner and through any market or dealer.

  • If Customer: (a) incurs a margin deficit in any IB account, (b) defaults on any obligation to IB, (c) becomes subject to bankruptcy, insolvency or other similar proceedings, or (d) fails to pay debts when due, IB has the right but not the obligation to close-out Customer's Forex transactions, liquidate all or some of Customer's collateral and apply the proceeds to any debt to IB.

  • Corporate Actions For all voluntary corporate action elections, Managers are required to make election in their IB account 3 days prior to the corporate action deadline, then notify Interactive Advisors immediately after making the election.

  • IB may, without notice, pledge, re-pledge, hypothecate or re-hypothecate Customer's securities and assets, separately or together with those of other customers, for any amount due in any IB account in which Customer has an interest, without retaining in IB's possession or control a like amount of assets.

  • IB may, without notice, pledge, re-pledge, hypothecate or re-hypothecate Customer securities and assets, separately or together with those of other customers, for any amount due in any IB account in which Customer has an interest, without retaining in IB's possession or control a like amount of assets.

  • In order to facilitate the account opening process, Advisor may provide certain required information regarding Advisor's clients and Advisor may forward to IB account opening documents completed by Advisor's clients.

  • This Agreement shall come into effect from the date of the approval and establishment of the aforesaid IB account.