Third Party Broker definition

Third Party Broker means a mutually-agreed-upon independent investment banking firm, broker, expert advisor or other firm generally recognized in the shipping industry as qualified to perform the tasks for which such firm has been engaged.

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Third Party Broker means DriveWealth LLC, company registered in the state of New Jersey, US, which may provide execution, clearing and brokerage related services;

Third Party Broker means DriveWealth LLC, which may provide execution, clearing and brokerage related services;

Examples of Third Party Broker in a sentence

• If you close your trading account, all Positions in Instruments will need to be sold via the Revolut App to or through the Third Party Broker, potentially resulting in commission charges (depending on the type of Account you have, as set out in our Terms of Business).

• The Third Party Broker will notify Revolut of any material changes to their best execution policy.

• Revolut provides clients with the ability to buy and sell various Instruments on a non-advised (i.e. execution only) basis, and transmits those orders to a Third Party Broker via the Revolut Trading App ("Revolut App").

• Such a review will include reviewing the performance of the Third Party Broker to confirm that they continue to provide execution services that deliver the best possible outcome for our clients on a consistent basis.

• In the event of an insolvency of the Third Party Broker or any other brokers involved in executing your Orders, this may result in your Positions being liquidated without your consent or transferred to another broker.

• In such instances, we rely on the Third Party Broker to provide us with the relevant information to send to you.

• In order to satisfy our own obligations in relation to the Orders you may submit and the Positions you may maintain with the Third Party Broker, you agree to provide us with all such information as we may reasonably request.

• You can trade as often as you like subject to certain restrictions imposed by the Third Party Broker around day trading - these restrictions are known as Pattern Day Trader rules.

• You also acknowledge that the Third Party Broker may also request additional information of you for the purposes of conducting its own identity and verification checks in accordance with applicable law.

• If you engage in Pattern Day Trading your account with the Third Party Broker will be suspended and may be closed.

More Definitions of Third Party Broker

Third Party Broker. This is DriveWealth LLC. • Trade: A completed buy or sell Order which has been filled. Revolut cannot guarantee that your stop order or limit order will be executed, even if the share or fractional share price reaches the limit price or stop price you have set. This agreement contains important information that you need to read carefully. This agreement also includes our Risk Warning Notice and Order Handling and Best Interests Policy, which you should read carefully before you open your Account and submit any Orders. If you have any questions or doubts about any of the content of this agreement, you should seek independent professional advice. Order transmission services in Investments are provided by Revolut Trading Ltd (FRN. 832790). Revolut is an appointed representative of Resolution Compliance Ltd which is authorised and regulated by the Financial Conduct Authority ("FCA") (reference no. 574048). Revolut Trading Ltd is a wholly owned subsidiary of Revolut Ltd.

Third Party Broker means any entity appointed by Argonaut to execute transactions in financial products.

Third Party Broker shall have the meaning set forth in Section 4.8(e).

Third Party Broker means any third-party broker-dealer appointed by us from time to time. When we use the term “including” or where we give examples, that does not mean that the specific items we mention are an exhaustive list or that we only mean those specific items.

Third Party Broker means Apex Clearing Corporation (“Apex”). Apex is a registered broker dealer registered with the Securities and Exchange Commission (SEC) and is a member of the Financial Industry Regulatory Authority (FINRA).