IBUK definition
Examples of IBUK in a sentence
IBUK generally will not issue margin calls and generally will not allow any grace period in the Client's account for the Client to meet intraday or other margin deficiencies.
Contract specifications on the IBUK website shall be binding on the Client and on IBUK unless specifically in conflict with this Agreement or unless specifically agreed otherwise in writing between the Client and IBUK.
Fee rates are determined by IBUK and may be adjusted at any time in IBUK's sole discretion and may vary based on the balance.
In the event of severe market disruption and/or price volatility which may result or may have resulted in the current market value of a Metal moving to an unusual level, IBUK reserves the right to take one or more of the following courses of action (a) to close out any contract where significant loss has occurred or is expected by us; (b) to decline to renew expiring, or enter into new contracts.
In this Agreement a reference to any phrase introduced by the words “orders from the Client” or “the Client’s orders” or “your orders” or “for orders that you send to us” or any similar expression means any order having been given by the Client to IBUK or received and transmitted by Introducing Broker to IBUK on behalf of the Client.
IBUK provides non-advised services and is not required to request information or adhere to the assessment procedures for a Professional Client when assessing the appropriateness of a given service or product as with a Retail Client, and IBUK may not be required to give warnings to the Professional Client if it cannot determine appropriateness with respect to a given service or product.
TO THE EXTENT PERMITTED BY LAW, NOTHING IN THIS AGREEMENT SHALL EXCLUDE OR RESTRICT ANY LIABILITY WHICH IBUK OR ITS AFFILIATES HAS TO YOU UNDER ANY APPLICABLE LAW OR REGULATORY REQUIREMENT AND WHICH CANNOT BE EXCLUDED OR RESTRICTED BY AGREEMENT BY REASON OF ANY APPLICABLE LAW OR REGULATORY REQUIREMENT, AND THE PROVISIONS OF THIS AGREEMENT WHICH PURPORT TO EXCLUDE OR RESTRICT ANY SUCH LIABILITY SHALL NOT APPLY TO THE EXTENT THAT SUCH LIABILITY MAY NOT BE SO RESTRICTED OR EXCLUDED.
IBUK is required to assess appropriateness by reference to your knowledge and experience, IBUK may require further information from you in relation to such assessment.
If the Client fails to notify IBUK immediately, IBUK reserves the right to remove the trade from the Client’s account or require the Client to accept the trade, in IBUK’s sole discretion.
If the Introducing ▇▇▇▇▇▇ sends orders to IBUK on the Client’s behalf, Introducing Broker shall be solely responsible for all aspects of the acceptance and handling of the Client’s orders, and all regulatory responsibilities and obligations related thereto including, but not limited to, the disclosure of the costs and charges described in Section 5 above to the extent permitted by Applicable Law.