Professional Clients definition

Professional Clients shall have the meaning ascribed to it in the Applicable Laws and Regulations;

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Professional Clients shall have the meaning described in the Client Categorisation Policy established pursuant to the Applicable Laws and Regulations.

Professional Clients means clients who are classified as professional clients under the FCA Rules;

Examples of Professional Clients in a sentence

• In the case of Professional Clients and Eligible Counterparties, the Company may agree to provide more limited information as provided by Applicable Regulations.

• In practice, the Company shall communicate in the same clear manner with both retail and Professional Clients.

• In particular, Retail Clients are provided with the highest level of regulatory protection; Professional Clients and Eligible Counterparties are considered to be more experienced and able to assess the risk level of trading and are thus provided with a lower level of regulatory protection.

• Professional Clients and Eligible Counterparties are eligible for higher leverage upon their request.

• In particular, Retail Clients are afforded the most regulatory protection; Professional Clients and ECPs are considered to be more experienced, knowledgeable and sophisticated and able to assess their own risk and are thus afforded fewer regulatory protections.

More Definitions of Professional Clients

Professional Clients means Clients catego- rised as professional clients pursuant to MiFID II and the Investor Protection Order;

Professional Clients means the professional clients as referred to in section I of Annex II of MiFID II.

Professional Clients means clients who should have the necessary expertise to make investment decisions, evaluate the risks they take and be able to bear the risk of any loss resulting from investment. ProRealTime’s obligations to provide information to them are lesser than those for non-professionals.

Professional Clients means Clients categorised as professional clients pursuant to the Dutch Financial Act;

Professional Clients. : means any person belonging to one of the following categories:

Professional Clients means a client who possesses the experience, knowledge and expertise to make his/her own investment decisions and properly assess the risks that he/she incurs. There are two categories of professional Clients: legal entities by reason of nature and/or size and elective professional clients who may be treated as professional on request. a. Entities which are required to be authorized or regulated to operate in the financial markets such as: ▪ Credit Institutions; ▪ Investment firms; ▪ Other Authorised or regulated financial institutions; ▪ Insurance Companies; ▪ Collective Investment Schemes and management companies of such schemes; ▪ Pension funds and management companies of such funds; ▪ Commodities and commodity derivatives dealers; ▪ Locals; and ▪ Other institutional investors (e.g. Portfolio Investment Companies). b. Large undertakings meeting two of the following size requirements on a company basis: ▪ Balance sheet total at least: EUR 20,000,000; ▪ Net turnover at least: EUR 40,000,000; ▪ Own funds at least: EUR 2,000,000. c. National and regional governments, including a public body that manage public debt, a central bank, international and supranational institution such as the World Bank, the International Monetary Fund, the European Central Bank, the European Investment Bank and other similar international organizations. d. Other institutional investors whose main activity is to invest in financial instruments, including entities dedicated to the securitization of assets or other financing transactions. A retail client that wishes to be recategorized as a professional client should meet at least two of the following criteria: ▪ The client has carried out transactions, in significant size on the relevant market at an average frequency of ten (10) per quarter over the previous four (4) quarters; ▪ The size of the client’s financial instrument portfolio, defined as including cash deposits and financial instruments exceeds EUR 500,000; and The client works or has worked in the financial sector for at least one year in a professional position, which requires knowledge of the transactions or services envisaged.

Professional Clients means Clients categorised as professional clients pursuant to MiFID II;