Common use of General Information on the Framework Agreement Clause in Contracts

General Information on the Framework Agreement. 2.1. Legal obligation to conclude a Framework Agreement; essential features of the financial service offered Trade Republic is required by law to conclude a written Framework Agreement with the Customer, which contains at least the essential rights and obligations of Trade Republic and the private Customer with regard to the Securities transactions (hereinafter “Securities Transactions”) offered. The Framework Agreement serves to document these rights and obligations. The essential features of the financial services offered by Trade Republic under the Framework Agreement are the trading of financial instruments (purchase and sale of shares, Crypto Assets, mutual funds and derivatives) by Trade Republic by way of financial commission business and proprietary trading, as well as the ancillary service of safekeeping the Customer's Securities in the Custody Account set up by Trade Republic for the Customer. The Crypto Assets traded through Trade Republic may be held separately with a crypto custodian, i.e., not in the Customer's Custody Account with Trade Republic, but under a direct contractual relationship between the Crypto Custodian and the Customer.

Appears in 11 contracts

Samples: Customer Agreement, Customer Agreement, Customer Agreement

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General Information on the Framework Agreement. 2.1. Legal obligation to conclude a Framework Agreement; essential features of the financial service offered offered; Customer Classification Trade Republic is required by law to conclude a written Framework Agreement with the Customer, which contains at least the essential rights and obligations of Trade Republic and the private Customer with regard to the Securities transactions (hereinafter “Securities Transactions”) offered. The Framework Agreement serves to document these rights and obligations. The essential features of the financial services offered by Trade Republic under the Framework Agreement are the trading of financial instruments (purchase and sale of shares, Crypto Assets, mutual funds and derivatives) by Trade Republic by way of financial commission business and proprietary trading, as well as the ancillary service of safekeeping the Customer's Securities in the Custody Account set up by Trade Republic for the Customer. The Crypto Assets traded through Trade Republic may be held separately with a crypto custodian, i.e., not in the Customer's Custody Account with Trade Republic, but under a direct contractual relationship between the Crypto Custodian and the Customer. Trade Republic classifies Customers as retail clients for the purposes of the provision of investment services and ancillary investment services. Retail clients are given the highest level of protection under applicable law.

Appears in 4 contracts

Samples: Customer Agreement, Customer Agreement, Customer Agreement

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General Information on the Framework Agreement. 2.1. Legal obligation to conclude a Framework Agreement; essential features of the financial service offered Trade Republic is required by law to conclude a written Framework Agreement with the Customer, which contains at least the essential rights and obligations of Trade Republic and the private Customer with regard to the Securities transactions (hereinafter “Securities Transactions”) offered. The Framework Agreement serves to document these rights and obligations. The essential features of the financial services offered by Trade Republic under the Framework Agreement are the trading of financial instruments (purchase and sale of shares, Crypto Assets, mutual funds and derivatives) by Trade Republic by way of financial commission business and proprietary trading, as well as the ancillary service of safekeeping the Customer's Securities in the Custody Account set up by Trade Republic for the Customer. The Crypto Assets traded through Trade Republic may be held separately with a crypto custodian, i.e., i.e. not in the Customer's Custody Account with Trade Republic, but under a direct contractual relationship between the Crypto Custodian and the Customer.

Appears in 2 contracts

Samples: Customer Agreement, Customer Agreement

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