NBIN definition
Examples of NBIN in a sentence
Each of the Clients acting alone shall be authorized and empowered to deal in general with NBIN, with the same authority as if he were the sole party with interests in the Account, without NBIN having to notify the other Client.
Any Instruction to trade an Option may be refused by NBIN at its entire discretion.
NBIN shall not assume any liability for the Portfolio Manager’s investment decisions or Instruction placed with NBIN.
NBIN employees’ personal investments are subject to NBIN Personal Trading Policy and are supervised as per regulatory requirements to ensure compliance with Conflict of Interest policies.
The Client further undertakes to inform NBIN of any changes affecting his financial condition and investor profile, including, without limiting the scope thereof, any Options trading restriction to which he may be subject.
The amount specified on any request for payment bears interest and shall be computed daily and compounded monthly at the interest rate designated from time to time by NBIN.
Should NBIN deem it necessary or desirable, particularly in the case of insolvency, death, bankruptcy, or any other event that could change the Client’s financial condition, NBIN may, without having to first notify the Client, take all the measures required to protect its interests against any losses.
NBIN may execute Transactions acting as principal on the other side of a transaction or as part of larger transactions for the Client and others.
NBIN does not have to notify the Client about such developments, unless required by law.
If the Client owes more than the value of the financial assets in the Account, the Client is still responsible for paying the full amount owed to NBIN.