Transmission of stock exchange orders. The Client shall transmit stock exchange orders to the Bank in writing, stating whether the order is for a purchase or a sale, the number and value of the security concerned and any other information necessary for the order to be transmitted to the market. However at the Client’s prior request and following agreement by the Bank, he/she may transmit orders by telephone, fax, electronic messaging or any other means of telecommunication with which the Bank is equipped. The Client shall then sign an execution request letter for orders transmitted by one of the aforementioned methods. The Bank may require an order to be transmitted in writing at any time. The Client’s requests in relation to transmission by telephone, fax, electronic messaging or any other means of telecommunication with which the Bank is equipped remain valid for as long as they have not been cancelled by recorded delivery letter with proof of receipt by the Client or the Bank. In the event of an order transmitted by one of these means (fax, telephone, email, etc.), the Client releases the Bank from all liability for any consequences arising from the use of these communication methods, including those resulting from technical failure, error, insufficient or incorrect instructions and any improper or fraudulent use. 6.4.3
