OPT-UP FROM A RETAIL CLIENT. 28.8. A Retail Client has the right to request to be reclassified as a Professional Client and, in which case, he/she will be afforded a lower level of protection. The Company is not obliged to deal with him/her under a different categorization. The re-categorization may be requested in respect of all its business with us or on a “product category basis”, provided, however, that we are not obliged to accept such a categorization.
OPT-UP FROM A RETAIL CLIENT. 29.6 A Retail Client has the right to request a lower level of protection as a Professional Client in respect of all its business with us or on a “product category basis”, provided, however, that we are not obliged to accept such a categorisation; In the specific case of a request for a change from Retail to Professional Client, such a request specifically implies the express renunciation of the right to be treated as a Retail Client and of rights to the associated level of protection; in this case at least two of the three following conditions must be marked as fulfilled on the form referred to, as required by MiFID: (a) to have carried out a significant volume of operations on securities markets in the last four quarters with an average frequency of more than ten
OPT-UP FROM A RETAIL CLIENT. 29.6 A Retail Client has the right to request a lower level of protection as a Professional Client in respect of all its business with us or on a “product category basis”, provided, however, that we are not obliged to accept such a categorisation; In the specific case of a request for a change from Retail to Professional Client, such a request specifically implies the express renunciation of the right to be treated as a Retail Client and of rights to the associated level of protection; in this case at least two of the three following conditions must be marked as fulfilled on the form referred to, as required by FSA: (a) to have carried out a significant volume of operations on securities markets in the last four quarters with an average frequency of more than ten (10) operations per quarter;
