Common use of Operation of the Account Clause in Contracts

Operation of the Account. All transactions executed on my/our instructions on the floor of the Exchanges and/or over-the-counter shall be subject to a transaction levy, if applicable, and any other levies that Exchanges from time to time may impose. You are authorized to collect any such levies in accordance with the Rules prescribed by the Exchanges from time to time.

Appears in 4 contracts

Sources: Cash Client's Agreement, Cash Securities Account Agreement, Cash Securities Account Agreement