Third Party Risks Clausole campione

Third Party Risks. (a) iFOREX Europe may pass money received from the Client to a third party (e.g. a bank) to hold or control in order to effect a Transaction through or with that person or to satisfy the Client’s obligation to provide collateral (e.g. initial margin requirement) in respect of a Transaction. iFOREX Europe has no responsibility for any acts or omissions of any third party to whom it will pass money received from the Client. (b) The third party to whom iFOREX Europe will pass money may hold it in an omnibus account and it may not be possible to separate it from the Client’s money, or the third party’s money. In the event of the insolvency or any other analogous proceedings in relation to that third party, iFOREX Europe may only have an unsecured claim against the third party on behalf of the Client, and the Client will be exposed to the risk that the money received by iFOREX Europe from the third party is insufficient to satisfy the claims of the Client with claims in respect of the relevant account. iFOREX Europe does not accept any liability or responsibility for any resulting losses. (c) Client money might be held outside of the European Economic Area and may be subject to the law of a jurisdiction of that territory, and clients’ rights may differ accordingly. (d) iFOREX Europe may deposit client money with a depository who may have a security interest, lien or right of set- off in relation to that money.