ACCOUNT TYPES. You understand that you are responsible for selecting the Account type (e.g., Individual, Joint, Corporate) that is appropriate for your investment criteria.
ACCOUNT STATUS. Capital Focus Limited agrees to accept and maintain for the undersigned Account Holder(s) one or more accounts and to act as broker dealer for Account Holder(s) in the execution and clearance of orders for transactions involving the purchase and sale of financial securities. The Account Holder(s) hereby confirms that all responses made in connection with the Account Agreement are complete and correct, and that Capital Focus Limited will be informed of any material change in such data, including financial information. Account Holder(s) warrants Capital Focus Limited that if Account Holder is an individual or if this is a Joint account, Account Holder is of legal age and of sound mind. Unless otherwise indicated in the Account Holder’s Application no one except the Account Holder(s) identified in the Account Application has an interest in the account(s). Account Holder(s) agrees to permit verification of relevant information by Capital Focus Limited through third parties (including credit reporting entities). In any event, this Account Holder’s Agreement and the account(s) permitted hereunder become effective only upon acceptance by an authorized representative of Capital Focus Limited at its principal office.
ACCURACY OF NEW ACCOUNT APPLICATION AND CREDIT INFORMATION. The information that you have provided Capital Focus Limited current, accurate, truthful, and complete. No one except the person(s) listed on the Account Application (Form) has any interest in the Account being applied for.
IDENTITY VERIFICATION FOR ANTI-MONEY LAUNDERING PURPOSES. We are required by law to verify the identity of each account owner. Capital Focus Limited requires you to provide one Form of government issued identification upon submission of your Account Application form.
APPROVAL OF TRANSACTIONS. All transactions as agreed to with your account representative are deemed to be final. All transactions receive the approval of the compliance officer and consent of the Account Holder prior to being processed.
RISKS. You are aware that all investments involve risk. In particular, investments in speculative securities and initial public offerings may entail an increased risk of loss and may not be suitable for all investors. Investments can result in the loss of all capital invested. Additionally, the past performance of a security does not guarantee future results or returns. You understand that all orders entered by you are based upon your investment decisions and are your sole responsibility, and you will not hold nor seek to hold any of our officers, directors, employees, agents, subsidiaries, or affiliates, liable for any trading losses or other losses incurred by you.
COMMISSIONS, FEES & OTHER COSTS. Account Holder(s) agrees to pay all commissions, fees and other costs changed by Capital Focus Limited Furthermore, Capital Focus Limited is authorized to convert funds in Account Holder’s Account(s) into and from the relevant foreign currency at the rate of exchange plus appropriate fees, obtained from Capital Focus Limited.
TAPE RECORDING. You are hereby authorized Capital Focus Limited d to record telephone conversations between Account Holder(s) and Capital Focus Limited regardless of whether a periodic tone signal is used. You consent to the use of such tape recording in any forum in connection with resolving disputes.
EXCHANGE RULES. All transactions handled by Capital Focus Limited d on the Account Holder’s behalf shall be subject to the constitution regulations, customs and interpretations of each exchange or market (and its clearing house if any), on which the trades are executed and to all applicable international governmental regulations. Capital Focus Limited shall not be liable to the Account Holder(s) as a result of any action taken by Capital Focus Limited to comply with such rules.
PROCEEDS OF TRANSACTIONS. No Proceeds from the sale of any shares through any Transaction will be remitted to the Account Holder(s) if there is any outstanding debit Balance within the account. Any shares liquidated or sold resulting in proceeds from the said sale of shares will be utilized to reduce or eliminate any outstanding margin balances a client’s account may have.
CONSENT TO JURISDICTION. Accounts Holder(s) agree that all disputes claim, actions or proceedings arising directly, indirectly or otherwise in connection with out of related to, or from this Agreement shall be arbitrated only in an arbitration forum agreed with the ICFTC Account Holder(s) consents and submits to the jurisdiction of any international court.
MARGIN. The Account Holder(s) acknowledges that he/she is borrowing money from the value of the securities that are held within his/her account and that Account Holder(s) understands the requirements and risks associated with margin.