New Zealand Gazette – 1990 – No. 170

Page 3671

✨ Client Acknowledgement Forms



28 SEPTEMBER NEW ZEALAND GAZETTE

3671

  1. The Client is aware that:-

    (a) you *do/do not trade for yourself as a principal on your own account;

    (b) your directors, partners or employees *do/do not trade on their own account.

  2. The following persons are authorised to instruct you on account of the Client until this authority is altered or revoked in writing by the Client:

DATED this _ day of __ 19_ .

(Signature)

Note to Broker: A copy of the Statement of Risk (Form 5) must be attached to this form of acknowledgement before signing.

CLIENT ACKNOWLEDGEMENT

FORM 4 – For use by Introducing Broker Member with Non-Clearing Member Client

TO:

(Introducing Broker Member)

I

(Client)

of

hereby acknowledge that:

  1. I have given consideration to my objectives and my financial situation and needs and I have formed the opinion that it would be desirable or appropriate for me to trade in futures contracts and/or option contracts. I acknowledge that trading in futures and/or option contracts incurs the risk of loss as well as the prospect of profit and that I have read and understand the Statement of Risk attached hereto. I am also aware that upon entering into certain classes of futures or option contract there is created an obligation or contingent obligation upon me to give or take delivery or to comply with any cash settlement requirement pursuant thereto, as the case may be.

  2. You will be instructing such other broker as you may from time to time appoint (hereinafter called "the Principal Broker") to make offers or bids on my behalf on futures or option exchanges, and the Principal Broker will be making such bids or offers as principal notwithstanding that in certain trading the Principal Broker will be implementing instructions given to you by me as your principal. I am aware that in the same trading you or the Principal Broker may either on your own account or on behalf of other clients be taking the opposite position to me in a futures or option contract, and I acknowledge your right and the right of the Principal Broker to do so, provided the trading occurs in accordance with the business rules of the relevant exchange.

  3. I will be entering into a client agreement with, or giving a client acknowledgement to, the Principal Broker, who will hold all moneys received from me or on my account and I will be under separate obligations as a



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✨ LLM interpretation of page content

🏭 Client Acknowledgement Form for Trading Member or Affiliate Member with Clearing Member Client (continued from previous page)

🏭 Trade, Customs & Industry
Client Acknowledgement, Trading Member, Affiliate Member, Clearing Member, Client, Futures Contracts, Option Contracts

🏭 Client Acknowledgement Form for Introducing Broker Member with Non-Clearing Member Client

🏭 Trade, Customs & Industry
Client Acknowledgement, Introducing Broker Member, Non-Clearing Member, Client, Futures Contracts, Option Contracts