Change languagePolski
Pulpit
Zapisz w PDF Drukuj

Admiral Markets AS Jordan Ltd Terms of Securities Trading

Obowiązują od 26.07.2021


1. Wprowadzenie

1.1. This securities trading agreement (hereinafter the “Agreement”) is concluded between you, the client, and us, Admiral Markets AS Jordan Ltd (Company number 57026). We refer to ourselves as ‘AM JO, ‘we’, ‘our’, ‘us’ and ‘ourselves’ as appropriate, and the client is referred to as ‘you’, ‘your’, ‘yours’, ‘yourself’ and ‘Client’ as appropriate. AM JO may choose to amend this Agreement as per clause 20, in accordance to its sole and absolute discretion. You do not have and shall not have any right whatsoever to amend this Agreement.

1.2. Through the “Invest.MT5” account, we provide services that relate to the placing of orders to purchase and sell securities, which securities include, but are not limited to, ETFs, listed units in limited liability partnerships and depositary receipts for shares of foreign companies. AM JO shall receive and accept orders from the Client for the specified physical securities that may be available from time to time to the type of client account for which the Client has been approved. AM JO is responsible for the receipt of orders by the Client. The Client understands that the Invest.MT5 account allows the purchase and sale of securities only. Once purchased, the securities in the Invest.MT5 account may only be transferred by way of sale. The Invest.MT5 account is a cash account and not a margined account. In the event that short selling becomes permitted, it may, at AM JO’s discretion on notice, become a margined account.

You appoint AM JO as your agent for the purposes of providing the service to you in accordance with this Agreement. You acknowledge and agree that AM JO:

  • a) może działać jako agent w związku z realizacją lub organizacją realizacji zleceń i transakcji w imieniu użytkownika;
  • b) will arrange for the safeguarding of any money you deposit in AM JO, in accordance to clause 8.2 of the Agreement.

1.3. W przypadku działań korporacyjnych lub zdarzeń kapitałowych obejmujących emisję notowanych instrumentów kapitałowych, które:

  • a) nie zostały wymienione w punkcie 1.2; lub
  • b) are issued in jurisdictions not supported by AM JO; or
  • c) are or will be traded in venues which AM JO cannot access; or
  • d) are not available on AM JO’s trading platform for any other reason;

AM JO will not be able to commence regular trading service to Clients with respect to these new issued instruments and will act reasonably in realising these instruments in the open market and settling with Client in cash at AM JO’s sole discretion. Please note that these corporate or capital events may affect your interests; it is your responsibility to understand the implications of these events. AM JO, its affiliated companies (AM JO affiliates, including Admiral Markets AS (“AM AS”) and Admirals AU Pty Ltd (“AM PTY”), collectively referred to as “Affiliates”)), are not liable for any losses or adverse impacts arising from and/or in connection with these corporate or capital events.

1.4. You acknowledge that illiquid securities typically trade in a restricted market and that, therefore, it may be difficult or impossible to deal in such securities and/or to obtain reliable and timely information about them. Such markets may be subject to different trading rules and systems and typically represent off-exchange markets, which are not accessible to AM JO through its automated order transmission links. If any security that was previously available to you ceases trading on the most relevant regulated market/exchange and continues to trade on such off-exchange market, AM JO in its sole discretion may impose a ‘close-only’ trading mode that allows only the reduction of existing positions in such securities or close out any existing position in such security at a prevailing market price without prior notice to you.

1.5. In respect of any obligations you owe in relation to a transaction entered into by AM JO or any third party on your behalf or in your name, you appoint AM JO and each of our representatives, officers and employees as your attorney with full power of substitution in order to execute or procure any document, security holder information or settlement monies and deliver any such documents, security holder information and settlement monies as required to the entity responsible for settlement. AM JO may, in its sole and absolute discretion, delegate certain obligations under this Agreement to our Affiliates and third parties.

1.6. Podejmiemy uzasadnione kroki, aby zapewnić użytkownikowi jasne wyjaśnienie wszystkich opłat i prowizji, które będzie musiał uiścić przed rozpoczęciem przekazywania nam instrukcji dotyczących kupna lub sprzedaży produktów finansowych.

1.7. Nasza usługa handlu papierami wartościowymi może nie być odpowiednia dla każdego. Istnieje potencjalna możliwość poniesienia strat w związku z inwestowaniem w papiery wartościowe. Dane historyczne dotyczące jakichkolwiek papierów wartościowych nie mogą zagwarantować ich przyszłych wyników lub zwrotu. Nie można zagwarantować zysku lub straty, zwłaszcza w okresie dekoniunktury rynkowej. Transakcje papierami wartościowymi na rynku zagranicznym mają charakter spekulacyjny i wiążą się z wysokim ryzykiem. Ponadto istnieje specjalne ryzyko handlowe istniejące poza normalnymi godzinami transakcji, w tym ryzyko niskiego przepływu, ryzyko wysokiej zmienności, ryzyko zmiany ceny, brak połączenia z rynkiem oraz ogłoszenie wiadomości i większy spread, które mają wpływ na cenę. Powinieneś zdobyć pełną wiedzę i zrozumienie odpowiednich ryzyk związanych z transakcjami na papierach wartościowych i mieć zdolność do podejmowania takiego ryzyka. Przed otwarciem rachunku należy dokonać obiektywnej oceny i podjąć uznaniową decyzję w sprawie przedmiotu inwestycji i kwoty inwestycji, która ma być przedmiotem obrotu, z punktu widzenia rozsądnej osoby, w oparciu o swoją siłę ekonomiczną, źródło funduszy i tolerancję ryzyka.

The directors, employees and agents of AM JO and our related parties do not fully ensure the authenticity, sufficiency, timeliness, reliability, completeness and effectiveness of the information relating to securities transactions in any explicit or implied way. All the information, data and materials provided by AM JO are only for reference. You should recognise and accept the fact that the transaction made through AM JO’s platform cannot be free from risks. The risks arising from trading should be borne by you. AM JO will not be held responsible for your investment risk and loss.

1.8. Any rights created for AM JO by this Agreement are not obligations. Any failure and/or delay by AM JO in exercising these rights does not constitute any waiver and/or exclusion of those rights.

1.9. This Agreement is governed by the relevant laws in force in the Hashemite Kingdom of Jordan, and both you and AM JO agree that all disputes relating to or arising from the execution or performance of this Agreement and/or any transaction performed hereunder and/or any of your accounts, shall be irrevocably submitted to the exclusive jurisdiction of the courts of the Kingdom of Jordan (Palace of Justice). The Client waives any objection which it may have, at any time, to the bringing of any proceedings in any such courts and agrees not to claim that such proceedings have been brought in an inconvenient forum or that such court does not have jurisdiction over it. All terms contained within this Agreement are subject to all applicable laws and regulations including, without limitation, the constitutions, articles, by-laws, rules, regulations, policies, procedures and interpretations (collectively, "Rules") of the exchanges, markets and clearing houses to which orders are routed or transactions are executed or cleared; of the Jordan Securities Commission (“JSC"); and any other applicable Rules of a regulatory, self-regulatory or governmental authority ("Applicable Regulations"). AM JO and its Affiliates shall not be liable to you for any action, inaction, decision or ruling of any exchange, market, clearing house or regulatory authority.

2. The Services Provided by Admiral Markets AS Jordan Ltd and Dealing Between You and Us

2.1. Niniejsza Umowa wyjaśnia:

  • a) sposób, w jaki otrzymujemy i obsługujemy zlecenia i instrukcje kupna lub sprzedaży produktów finansowych otrzymane od użytkownika; oraz
  • b) sposób przechowywania pieniędzy i produktów finansowych.

2.2. This Agreement governs each instruction of buying or selling financial products received from you, issued or outstanding, each transaction entered into by AM JO on your behalf on or after this Agreement comes into effect, and all money and financial products held on your behalf on or after this Agreement comes into effect.

2.3. Dealing with you will be carried out by AM JO on a no advice basis and you agree that, unless otherwise stated in this Agreement, we are under no obligation:

  • a) w celu upewnienia się, że wszelkie produkty finansowe lub transakcje są odpowiednie dla użytkownika;
  • b) monitorowanie lub doradzanie użytkownikowi w zakresie statusu produktów finansowych;
  • c) monitorowanie lub doradzanie użytkownikowi w zakresie statusu produktów finansowych posiadanych w jego imieniu; lub
  • d) to cancel any financial products or to deal or sell any financial products you have bought, except where the Applicable Regulations require.

2.4. Representatives of AM JO and Affiliates are not authorised to and will not provide you with any investment, tax, financial, legal, regulatory, trading or any other form of advice. Nothing in the communications and material (including website, emails, price information etc.) provided by AM JO, or by AM JO`s representatives or Affiliates constitutes a recommendation or solicitation to buy or sell securities or other investments. You may wish to seek independent professional advice in relation to any transaction you propose to enter into under this Agreement. You retain sole and full responsibility for making all trading decisions.

2.5. Możemy przekazywać informacje:

  • a) w związku z jakimkolwiek produktem finansowym, zleceniem transakcji lub transakcją, o które użytkownik zapytał, w szczególności w odniesieniu do procedur związanych z tym produktem finansowym, zleceniem transakcji lub transakcją; oraz
  • b) w drodze informacji faktycznych, jednakże nie jesteśmy zobowiązani do ujawniania takich informacji użytkownikowi, a informacje te nie będą stanowić porady inwestycyjnej. Jeśli zatrudniony przez nas przedstawiciel wyda oświadczenie dotyczące opinii na temat jakiegokolwiek produktu finansowego, polecenia zawarcia transakcji lub transakcji, klient zgadza się, że nie jest uzasadnione, ani nie będzie uprawniony do polegania na takim oświadczeniu i że nie będzie ono stanowić porady inwestycyjnej.

3. Otwarcie rachunku

3.1. You authorise AM JO to open and keep one or multiple accounts in respect of the services we provide to you.

3.2. Kwalifikacje klienta:

  • a) Użytkownik powinien być inwestorem kwalifikowanym spełniającym wymogi określone w przepisach ustawowych i wykonawczych dotyczących niniejszej transakcji:
    • i. Osoba fizyczna: Użytkownik ma ukończone 18 lat, posiada pełną zdolność do czynności cywilnoprawnych oraz wystarczającą wiedzę i doświadczenie, aby zrozumieć charakter i ryzyko związane z produktem, który ma być przedmiotem obrotu.
    • ii. Organizacja korporacyjna: Użytkownik posiada pełne kwalifikacje jako odrębna osoba prawna. Gwarantujesz, że osoba otwierająca konto w imieniu firmy jest prawnym przedstawicielem organizacji korporacyjnej lub posiada prawne i skuteczne upoważnienie udzielone przez odpowiedniego przedstawiciela firmy. Osoba, która planuje złożyć zamówienie, posiada prawne i skuteczne upoważnienie udzielone przez osobę prawną oraz posiada wystarczającą wiedzę i doświadczenie, aby zrozumieć charakter i ryzyko związane z produktem, który ma być przedmiotem obrotu.
    • iii. Zaufanie
      • 1. In accordance to the trust documents and Applicable Regulations, the trustee is entitled to enter into this Agreement, to open the type of account applied, to make transactions and issue instructions. The authorisation of trust acquired by the trustee includes but is not limited to buying, selling, (including short selling), trading, conversion, repaying, redeeming and withdrawing assets (including delivery of securities to/from the account).
      • 2. In case of one trustee executing this Agreement, the trustee warrants that they have the right to perform this Agreement without the consent of other trustees or that they are authorised to enter into this Agreement. If several trustees jointly enter into this Agreement, AM JO may decide to require the written consents of any or all the trustees before following the instructions of any trustee at our discretion.
      • 3. The trustee confirms that AM JO may follow any trustee’s instructions to deliver funds, securities or any other assets to any trustee, including delivery of the assets to the trustee itself. The trustee ensures all the transactions made in its account abiding by the trust documents and Applicable Regulations. All trustees jointly undertake that AM JO will be exempted from any claim, loss, expenses or liabilities arising from any transaction made and acts taken by AM JO according to the trustees’ instructions.
  • b) During the periods of registration of opening an account on and use of our service, you should provide your true materials and information and you hereby warrant that all the materials and information you submit during said periods (including but not limited to email address, telephone, address, postal code, ID information and credit information) are true, accurate, complete and up-to-date. Where your abovementioned information is changed, you should timely notify AM JO thereof in writing. You authorise AM JO to carry out any investigation to verify the above-said information.
  • c) If these conditions are not met, you should immediately stop using the services provided by AM JO.

4. Zlecenie i potwierdzenie

4.1. You acknowledge that AM JO has no obligation to verify orders made under your username/password. Unless AM JO is notified and consents in writing, you will not allow anyone to access or place orders on your account. You are responsible for the confidentiality and use of your username/password and you agree to report any theft/loss of such username/password, or any unauthorised access to your account to AM JO’s customer service department at jordan@admiralmarkets.com. You remain responsible for all transactions entered using your username/password. You acknowledge and agree that any communication transmitted by you or on your behalf is made at your risk and you authorise AM JO to rely and act on, and treat as fully authorised and binding on you, any communication that we reasonably believe to have been transmitted by you or on your behalf by any agent who we reasonably believe to have been duly authorised by you.

4.2. An order or instruction of buying or selling financial products must be made by you:

  • a) za pośrednictwem naszej platformy transakcyjnej;
  • b) lub w inny sposób określony przez nas od czasu do czasu; lub
  • c) orally by telephone (to be used in emergency cases only, with no guarantee of availability).

If your usual mode of communicating with us is unavailable for any reason, you should attempt the use of one of the other modes of acceptable communication specified above. AM JO will not accept any written instructions to buy/sell securities via email or through a written instruction, unless this method of submitting trade orders was agreed in advance between the Client and AM JO in response to any special circumstances. This Agreement must be evidenced in writing. AM JO will generally not accept an order or instruction received other than in accordance with clause 4, but if AM JO chooses to do so, we will not be responsible for any loss, damage or cost that you suffer or incur arising out of any error, delay or omission in us acting on such offer, or failing to act upon such offer.

You agree that AM JO may record any communications, electronic, by telephone, in person or otherwise, that AM JO has with you in relation to this Agreement and that any recordings that we keep will be our sole property and you accept that they will constitute evidence of the communications between you and us.

4.3. Client’s order and transmission of order: AM JO has the discretion to select brokers through which to route any Client order. To the extent that AM JO or any of its Affiliates provide execution services for the Client, AM JO is responsible for best execution of orders in accordance with Applicable Regulations. For some sufficiently liquid products traded at multiple markets, AM JO may provide an order-by-order routing whereby the order is passed to a third-party broker that will attempt to seek the best available terms for a Client`s order using a proprietary, computerised routing algorithm (“Smart Routing”). AM JO cannot guarantee execution of every order at the best posted price because of the following reasons (including but not limited to):

  • a) AM JO may not have access to every market/dealer;
  • b) inne zamówienia mogą zostać złożone wcześniej lub mogą być realizowane z wyprzedzeniem;
  • c) centra rynkowe, giełdy, brokerzy zewnętrzni i/lub animatorzy rynku mogą nie honorować opublikowanych cen lub mogą przekierowywać zlecenia do obsługi ręcznej; lub
  • d) Zasady rynkowe, decyzje lub awarie systemu mogą uniemożliwić/opóźnić realizację zleceń Klienta lub spowodować, że zlecenia nie otrzymają najlepszej ceny.

4.4. Cancellation/Modification of order: You acknowledge that it may not be possible to cancel/modify an order and that you are responsible for executions notwithstanding a cancel/modify request. AM JO and its Affiliates shall not be liable to the Client if AM JO or its Affiliates are unable to cancel or modify an order. The Client further acknowledges that attempts to modify or cancel and replace an order can result in an over-execution of the order, or the execution of duplicate orders, and the Client shall be responsible for all such executions.

4.5. Execution of order: If AM JO decides to exercise its discretion to execute your order, AM JO will execute your order as an agent, and may engage the agent of another broker or subsidiary to execute your order instead, in which case the engaged broker or subsidiary enjoys the same rights as AM JO. AM JO may decide to reject any of your order(s) or to terminate your use of AM JO’s service at any time at our discretion, but will endeavour to exercise this discretion reasonably. All the transactions should abide by the rules and policies of the related market or clearing houses and applicable laws and regulations. As per clause 1.9, AM JO IS NOT LIABLE FOR ANY ACTION OR DECISION OF ANY EXCHANGE, MARKET, DEALER, CLEARINGHOUSE OR REGULATOR.

You acknowledge and agree that AM JO may refuse to accept an order and we may place a limit on any order or place any restrictions/conditions on the acceptance of any order in our absolute discretion and without giving any reason or any prior notice. We may at any time use, add and change filters within a trading system which prevent delivery of orders or execution of orders without giving any reason or any prior notice. We will notify you of any refusal or limitation as soon as reasonably practicable, unless we are prevented by law or a direction from a regulatory authority from notifying you or we decide it is in accordance with our compliance policies and procedures not to notify you at that time or at all.

4.6. Confirmation: You acknowledge that confirmations of executions or cancellations may be delayed or may be erroneous (e.g., due to computer system issues) or may be cancelled/adjusted by an exchange. You are bound by the actual order execution, if consistent with your order. If AM JO confirms execution or cancellation in error and you delay reporting such error, AM JO reserves the right to remove the transaction from the account or require you to accept the transaction, in AM JO`s discretion. You agree to notify AM JO immediately by telephone or email if:

  • a) użytkownik nie otrzyma dokładnego potwierdzenia wykonania lub anulowania;
  • b) otrzymasz potwierdzenie, które różni się od Twojego zamówienia;
  • c) you receive a confirmation for an order that you did not place; or
  • d) użytkownik otrzyma wyciąg z konta, potwierdzenie lub inne informacje odzwierciedlające niedokładne zlecenia, transakcje, salda, pozycje, status depozytu zabezpieczającego (jeśli dotyczy) lub historię transakcji.

You acknowledge that AM JO may adjust your account to correct any error. You agree to promptly return to AM JO any assets erroneously distributed to you.

You agree to monitor each open order, and to notify AM JO by telephone at the telephone number(s) specified on AM JO’s website or by e-mail to the AM JO customer service department at jordan@admiralmarkets.com as soon as reasonably possible after you have become aware, or should have become aware, that:

  • (a) Użytkownik nie otrzymał dokładnego potwierdzenia wykonania lub anulowania;
  • (b) Użytkownik otrzymał potwierdzenie niezgodne z zamówieniem;
  • (c) Użytkownik otrzymał potwierdzenie realizacji lub anulowania zamówienia, którego nie złożył; lub
  • (d) You have received a confirmation, account statement, or other information reflecting inaccurate orders, trades, account balances, securities, funds, margin status (if any) or transaction history

AM JO reserves the right to remove any erroneous trade from your account. You understand and agree that AM JO may adjust your account to correct any error. You agree to promptly return to AM JO any assets distributed to you to which you were not entitled. In the event any dispute or discrepancy related to orders and/or order confirmation are brought to AM JO’s attention, AM JO reserves the right to take any action it deems reasonable to close and/or suspend the position(s)/trade(s) that are the subject of the dispute.

4.7. Prohibition on Going Short: You may only sell securities held in your account whether settled or unsettled at the time of sale. If you have entered into an order to sell a security that you do not own at the time of the sale and that is not held in your account whether settled or unsettled at the time of sale, you authorise AM JO to either cancel the order if it has not already been executed, or, if the order has been executed, buy the equivalent security in the equivalent quantity on your behalf at your expense, without notice to you, and you agree that you shall be liable for any associated fines or charges incurred by us or you.

4.8. US Shares: AM JO may, but has no obligation to, ask you to sign the relevant US tax form before we accept an order or instruction from you to buy or sell a financial product in relation to securities listed on the Exchanges in the US. If you have not previously provided us with a valid US tax form and you already hold US shares, we may ask you to complete the relevant US tax form. If you do not return the signed and completed US tax form before the date we specify (usually 30 days), we reserve the right to sell your US shares. You have an ongoing obligation to inform us if your tax status changes.

4.9. Situations not covered by this Agreement: In the event that a situation arises that is not covered under this Agreement, AM JO will resolve the matter on the basis of good faith and fairness and, where appropriate, by taking such action as is consistent with common market practice. AM JO reserves the right to take such actions as necessary.

4.10. Regulatory Reporting: AM JO may be obliged under Applicable Regulations to make public certain information regarding our transactions with you. You acknowledge and agree that we are entitled to disclose such information and that such information held by us shall be our sole and exclusive property. You agree to provide us with all information that we may reasonably request for the purpose of complying with our obligations under Applicable Regulations and that you consent for us to provide to any third party such information about you and your relationship with us pursuant to this Agreement (including but not limited to your transactions, money or assets on your account) as we consider, acting reasonably, appropriate, or as required to comply with any applicable regulation or clause of this Agreement.

5. Znajomość papierów wartościowych, warrantów i opcji, działań korporacyjnych

5.1. AM JO shall not be obliged to, but we may arrange for you to receive the report, accounts and other information issued by a company. We are not obliged to, but we may notify you of or arrange attendance at any annual general meetings or extraordinary general meetings applicable to your financial products.

5.2. You confirm that you are responsible for familiarising yourself with the terms on any securities in your account, including upcoming corporate actions (e.g., tender offers, reorganizations, stock splits, etc.). AM JO has no obligation to notify you of any deadlines, required actions or dates of meetings, nor is AM JO obligated to take any action without specific written instructions sent by you to AM JO’s customer service department at jordan@admiralmarkets.com at least 14 days prior to the announced cut-off time for receipt of instructions. The consequences of the Client`s failure to timely provide such instructions are entirely the Client`s own responsibility and may give AM JO rights to act on behalf of the Client in its sole discretion. The processing of such special instructions may be subject to additional fees that shall be charged separately on the Client’s account prior to processing of instructions.

The Client consents that where proceeds of an announced corporate action cannot be credited to or reflected in the Client’s account, AM JO will make a cash balance adjustment in the Client’s account to replicate the material effect of such corporate action (typical examples include, but are not limited to, scrip dividends in new stocks that are not supported by AM JO’s trading platform, payments in lieu of fractional shares after the stock splits).

6. Rozliczenie

6.1. AM JO is not responsible for any delay in the settlement of a transaction resulting from circumstances beyond our control, or the failure of any other person or party (including you) to perform all necessary steps to enable completion on the settlement date. Our obligation is only to pass on to you, or to credit to your account, such deliverable documents or sale proceeds (as the case may be) as we actually receive. If you are dealing in financial products that are not settled through a central securities depository system, settlement delays are likely to occur.

6.2. AM JO may refuse to allow a withdrawal on any account that you have with us if it would leave insufficient funds in the account to pay for any unsettled transactions. Where you make payment into your account and then make a withdrawal shortly afterwards, we reserve the right to delay settlement for up to ten business days to ensure your payment has cleared.

7. Dokumentacja, raporty i komunikaty

7.1. AM JO keeps records of the financial products purchased by you in a way that enables us to readily identify the financial products which are held by you. The records include information about the transactions in financial products. AM JO will arrange for reasonable verification procedures for the appropriately frequent reconciliation of the financial products held by the custodians. AM JO will make available to you reports on the activity of your account on a daily and monthly basis, detailing information such as ticker name, position size, purchase price, accrued profit and loss for the statement period.

7.2. AM JO may provide such other information as may be reasonably requested by you in relation to any financial products held by a custodian, including to acknowledge the manner in which a custodian holds financial products for you.

7.3. You consent to receive any reports or confirmations that AM JO may make available by electronic means via AM JO’s system or platform and acknowledge that your access to and use of such reports are subject to this Agreement. You agree that any failure on your part to receive and read the notice does not obviate the effect of its subject matter.

7.4. You acknowledge and agree that the reports made available by AM JO may not be sufficient for you to discharge any obligations you have under law, whether statutory or otherwise, and that you should seek independent verification of the sufficiency of the reports for any purpose.

7.5. AM JO provides electronic confirmations, reports, account statements, key investor information documents, trade confirmations and other disclosure documents, relevant policies and agreements, and other Client records and communications (collectively, “Records, Reports and Communications”) in electronic form to the maximum extent permitted by applicable law.

7.6. Electronic Records, Reports and Communications may be sent to your trading platform, to your email address or to your account page.

7.7. By entering into this Agreement, you consent to the receipt of Records, Reports and Communications, including as applicable, where these Records, Reports and Communications are published on AM JO’s website, and acknowledge that this Agreement is proper notification that these Records, Reports and Communications are available in electronic form on AM JO’s website. Such consent will apply on an ongoing basis and for every tax year unless withdrawn by you. You may withdraw such consent at any time by providing electronic written notice to AM JO through AM JO’s website. If you withdraw such consent, AM JO may provide required Records, Reports and Communications in paper upon receiving a request from you. However, AM JO reserves the right to require you to close your account if you withdraw consent to receiving electronic delivery of Records, Reports and Communications.

8. Pieniądze klienta i rachunek

8.1. AM JO requires AM JO’s Clients to credit all funds related to their Invest.MT5 account to a designated financial institution with which AM JO maintains a segregated client account prior to the placement of any purchase order.

8.2. AM JO must deal with any money which you pay or give to us, or which is otherwise received by AM JO in connection with financial services provided by AM JO. You acknowledge that your monies will be deposited by AM JO in a clients segregated account.

8.3. You authorise AM JO to withdraw any or all monies to which you are otherwise entitled in any clients` segregated account or trust account maintained by AM JO to meet any liability, obligation or other loss which you owe to AM JO.

8.4. You hereby grant your express consent and agree that AM JO is entitled to all interest earned on money credited to a Clients` segregated account or trust account unless you and AM JO have otherwise agreed in writing.

8.5. If you instruct AM JO to pay an amount to you, AM JO will pay such amount to which you are entitled under this Agreement directly to you and not to any third party, unless you have otherwise instructed AM JO to do so and AM JO has agreed. You must provide the relevant account details for payment instructions in respect of payments to be made by AM JO to you. Whilst AM JO will take reasonable steps to comply with your payment instructions, AM JO accepts no responsibility for any failure to comply with those instructions and, if such failure occurs, the relevant monies will continue to be held by AM JO in accordance with applicable laws.

8.6. All currency exchange risks regarding any payment instruction will be solely your liability. Any conversion from one currency to another required to be made for performing any payment instruction may be effected by AM JO in the manner and at the time and at the exchange rates that AM JO in its absolute discretion decides.

8.7. You acknowledge that monies paid by you or AM JO to an international financial market participant or other service provider outside the Hashemite Kingdom of Jordan, or received by such a person outside of the Hashemite Kingdom of Jordan in connection with services provided to you by AM JO, will not be subject to the laws of the Hashemite Kingdom of Jordan and rules governing client money, but instead will be subject to the applicable laws of the relevant jurisdiction.

9. Pieniądze klienta i przechowywanie

9.1. Unless short selling is specifically permitted by AM JO, AM JO requires AM JO’s Clients to credit all funds related to their Invest.MT5 account to a designated financial institution with which AM JO maintains a segregated client account prior to the placement of any purchase order.

9.2. Immediately following the acceptance by AM JO of a purchase order by the Client for a security, AM JO shall be liable for the purchase. The amount payable for settlement of the purchase order shall become instantly due and payable by the Client to AM JO and shall thereupon cease to be client money. The Client shall not have the protection of the client money rules promulgated by the JSC in respect of funds required for settlement of a purchase order.

9.3. AM JO intends to deposit an amount equal to the amount due for settlement in a transaction segregated account in the name of AM JO with AM AS or AM PTY (as applicable). AM AS or AM PTY (as applicable) will transfer such amount from the transaction segregated account to a third-party broker who may be located in a jurisdiction outside the Hashemite Kingdom of Jordan, such as the United States of America, for the purpose of clearing, settlement of the transaction and custody of the securities.

9.4. Securities purchased by a Client may be held in an omnibus account /segregated omnibus account (the “Omnibus Account”) with a third-party broker or custodian. In addition, these securities may be registered in the name of the intermediary broker or third-party custodian and held in the possession of such third-parties at an authorized securities depository for the benefit of clients of the third-party broker or custodian. The Omnibus Account may be held in a territory outside the Hashemite Kingdom of Jordan and will not benefit from the protections afforded to clients under the laws of the Hashemite Kingdom of Jordan. The terms of the Omnibus Account allow for the co-mingling of assets and as such, it may not be possible to separate your securities from those of other clients. The Omnibus Account allows for netting and allows the third-party broker and in some cases, relevant exchanges, liens and security interest over assets held in the Omnibus Account. There are additional risks relating to Omnibus Accounts of which the Client needs to be aware of, including the risk of insolvency (only applies in the event where the securities are held in an omnibus account and not a segregated omnibus account) of the third-party broker and/ or custodian as well as the risk that the held securities may be liquidated at prices not favourable to you or that your rights may not be recognised or enforceable under the laws of the relevant jurisdiction(s).

9.5. Należy pamiętać, że Klienci mogą jedynie kupować i sprzedawać papiery wartościowe. Po zakupie papiery wartościowe na koncie Invest.MT5 mogą być przenoszone wyłącznie w drodze sprzedaży.

9.6. JSC Client Money and Custody Rules:

  • i. The third-party broker/ custodian may be located outside the Hashemite Kingdom of Jordan. They may deposit and hold money, securities and other assets (including, but not limited to, collateral and safe custody investments) in accounts that are located outside of the Hashemite Kingdom of Jordan. The legal, regulatory, and settlement regime applicable to other brokers or Affiliates and to the entities in which Clients’ money, securities and other assets will be held may be different from that of the Hashemite Kingdom of Jordan (i.e., any client money and custody Rules promulgated by the JSC will not apply) or the rules within if outside the Hashemite Kingdom of Jordan.
  • Among other things, different practices for the separate identification of clients money, securities, and assets may apply and, in the event of a default of Client’s money, securities and assets may be treated differently from the position that would apply if the money, securities or assets were held in the Hashemite Kingdom of Jordan.

W zakresie, w jakim inny broker lub podmiot stowarzyszony przechowuje pieniądze, papiery wartościowe lub inne aktywa Klienta, broker lub podmiot stowarzyszony będzie przechowywał takie pieniądze, papiery wartościowe i aktywa zgodnie z przepisami obowiązującymi w ich jurysdykcji, a w przypadku, gdy aktywa są przechowywane na rachunku zbiorczym w Stanach Zjednoczonych Ameryki, odpowiednio w Komisji Papierów Wartościowych i Giełd ("SEC") i Amerykańskiej Komisji Handlu Towarowymi Kontraktami Terminowymi ("CFTC").

10. Zabezpieczenie

10.1. AM JO acknowledges that it is prohibited from taking or granting a charge, mortgage, lien or other encumbrance over, or in relation to, the financial products held on your behalf, unless it is for expenses and outlays made in accordance with this Agreement (other than its unpaid fees) or in accordance with your instructions in this Agreement.

10.2. Subject to clause 10.1, you hereby instruct and agree that all assets of any kind held by or on behalf of AM JO for you (including without limitation any financial products held by AM AS or AM PTY (as and if applicable)) are hereby pledged to AM JO and are subject to a perfected first priority lien and security interest in AM JO’s or AM AS’s or AM PTY’s (as applicable) favour to secure performance of obligations and liabilities to AM JO and AM AS or AM PTY (as applicable) arising under this Agreement or any other document. If you fail to fulfil your payment obligations under this Agreement, AM JO or AM AS or AM PTY (as applicable) may combine or consolidate any of your accounts, convert to money, or under AM JO’s or AM AS’s or AM PTY’s (as applicable) control, a requisite portion of your property sufficient to satisfy the outstanding obligations under this Agreement and apply to proceeds or any property over which AM JO or AM AS or AM PTY or an Affiliate (as applicable) holds or controls in or towards payment of your liabilities to AM JO or AM AS or AM PTY (as applicable) arising by virtue of this Agreement. These rights are in addition to any rights AM JO or AM AS or AM PTY (as applicable) may have at law or equity. You acknowledge that this clause 10 may create a security interest in AM JO’s or AM AS’s or AM PTY’s favour.

11. Zdarzenia niewykonania zobowiązania i podejrzane działania

11.1. Zdarzenie "Domyślne" występuje automatycznie, bez powiadomienia, gdy:

  • a) your breach/repudiation of any agreement with AM JO;
  • b) your failure to provide assurance satisfactory to AM JO of performance of an obligation, after request from AM JO in AM JO`s sole discretion;
  • c) zerowy kapitał własny lub deficyt na koncie;
  • d) wykonanie zlecenia, na które użytkownik nie posiadał wystarczających środków;
  • e) postępowania prowadzonego przez Klienta na mocy prawa upadłościowego, niewypłacalnościowego lub podobnego;
  • f) cesja na rzecz wierzycieli;
  • g) wyznaczenie syndyka, powiernika, likwidatora lub podobnego urzędnika dla użytkownika lub jego majątku;
  • h) złożenie przez użytkownika wprowadzających w błąd/wprowadzających w błąd oświadczeń lub oświadczeń, które później staną się wprowadzające w błąd/wprowadzające w błąd;
  • i) niezdolność do czynności prawnych;
  • j) postępowanie mające na celu zawieszenie działalności lub licencji przez dowolny organ regulacyjny lub organizację; lub
  • k) AM JO having reason to believe that any of the foregoing is likely to occur imminently.

11.2. You unconditionally agree that, upon a Default, AM JO may terminate any or all of AM JO`s obligations to you and AM JO shall have the discretion to, without prior notice, liquidate all or any part of your positions in any account at AM JO, individual, joint, company or trust, at any time and any manner and through any market or dealer. You agree to not hold AM JO or AM AS or AM PTY or any Affiliates liable for all actions, omissions, costs, fees (including, but not limited to, attorney`s fees), or liabilities associated with any of your Default or any transaction undertaken by AM JO upon Default.

11.3. If AM JO or AM AS or AM PTY or any Affiliates, in their sole discretion believe that any of your accounts has been involved in any fraud or crime or violation of laws or Applicable Regulations, or has been accessed unlawfully, or is otherwise involved in any suspicious activity (whether victim or perpetrator or otherwise), AM JO may suspend or freeze the account or any privileges of the account, may freeze or liquidate funds or assets, or may utilize any of the remedies in this Agreement for a "Default".

12. Prowizja i opłaty

12.1. When you give AM JO an instruction of buying or selling financial products and a transaction is entered into by AM JO on your behalf regardless of partial or full, you must pay to AM JO:

  • a) commission or brokerage at rates AM JO may notify you from time to time;
  • b) wszelkie opłaty, podatki, opłaty skarbowe lub inne opłaty nakładane od czasu do czasu na lub w związku z transakcjami zawartymi w imieniu użytkownika; oraz
  • c) odsetki lub wszelkie niezapłacone kwoty należne na mocy niniejszej Umowy, naliczone od dnia wymagalności do dnia całkowitej spłaty kwoty(-ów).

12.2. AM JO may charge you for the provision by us to you of market data or any other account feature or such other fees as we reasonably advise you from time to time via email or by posting on AM JO’s website. You authorise AM JO to deduct commission and fees or other amounts (including interest) payable by you directly from your account.

12.3. If you have been referred to AM JO or on behalf of an agent or other third party, that agent or third party may receive benefits in the form of a commission or rebate from AM JO, provided that this is allowed in accordance with Applicable Regulations.

12.4. AM JO reserves the right to, at any time, change or impose fees in connection with the services that we provide to you. AM JO will provide reasonable notice to you of such imposition or change prior to its occurrence.

12.5. O ile nie uzgodniono inaczej, wszystkie kwoty płatne przez użytkownika na podstawie niniejszej Umowy zawierają podatek GST.

12.6. Commissions and fees are as specified on AM JO’s website unless otherwise agreed in writing by AM JO beforehand. You acknowledge that AM JO deducts commissions/fees from your accounts, which will reduce account equity. Positions will be liquidated if commissions or other charges cause an account deficiency. Changes to commissions/fees are effective immediately upon either of:

  • a) posting on AM JO’s website or email; or
  • b) other written notice to you.

Your funds will not be disbursed until after transactions are settled. Terms and conditions for deposit and withdrawal of funds (including holding periods) are as specified on AM JO’s website.

12.7. Ujemne saldo konta: Jeśli na koncie gotówkowym wystąpi deficyt, do czasu spłaty salda naliczane będą odsetki. Użytkownik zgadza się pokryć uzasadnione koszty windykacji niezapłaconego deficytu, w tym opłaty prawników i agentów windykacyjnych.

13. Notowania, informacje rynkowe, badania i linki internetowe

Quotes, news, research and information accessible through AM JO (including through links to outside websites) ("Information") may be prepared by third party providers. The Information is the property of AM JO, the providers or their licensors and is protected by law. You agree not to reproduce, distribute, sell or commercially exploit the Information in any manner without the prior written consent of AM JO and the providers. AM JO reserves the right to terminate access to the Information. None of the Information constitutes an advice, recommendation or a solicitation to buy or sell. Neither AM JO nor the providers guarantee accuracy, timeliness, or completeness of the Information, and you should consult an independent advisor before making investment decisions. RELIANCE ON QUOTES, DATA OR OTHER INFORMATION IS AT YOUR OWN RISK. IN NO EVENT WILL AM JO OR THE PROVIDERS BE LIABLE FOR CONSEQUENTIAL, INCIDENTAL, SPECIAL OR INDIRECT DAMAGES ARISING FROM USE OF THE INFORMATION. THERE IS NO WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, REGARDING THE INFORMATION, INCLUDING WARRANTY OF MERCHANTABILITY, WARRANTY OF FITNESS FOR A PARTICULAR USE, OR WARRANTY OF NON-INFRINGEMENT.

Wyniki aktywów w przeszłości nie gwarantują wyników w przyszłości.

14. License for Using AM JO’s Software

AM JO grants you a non-exclusive, non-transferable license to use AM JO’s software (hereinafter referred to as the “Software”) solely as provided herein. Title to AM JO’s Software and updates shall remain the sole property of AM JO, including all patents, copyrights and trademarks. You shall not sell, exchange, or transfer the AM JO Software to others. You shall not copy, modify, translate, decompile, reverse engineer, disassemble or reduce to a human readable form, or adapt, AM JO’s Software or use it to create a derivative work, unless authorised in writing by AM JO. AM JO is entitled to immediate injunctive relief for threatened breaches of these undertakings. This clause survives the termination of this Agreement.

15. Wyłączenie odpowiedzialności i odszkodowania umowne

15.1. You agree to indemnify and hold AM JO and the Affiliates harmless for all actions, omissions, claims, costs, expenses, fees (including, but not limited to, legal fees), penalties, losses, damages, taxes, imposts, levies and other liabilities which AM JO and/or the Affiliates may incur or be subjected to in connection with:

  • a) jakiegokolwiek rachunku (rachunków) użytkownika lub jakiejkolwiek transakcji lub jakiejkolwiek pasującej transakcji na giełdzie lub rynku, lub z brokerem lub pośrednim brokerem lub agentem;
  • b) wykonanie jakiegokolwiek prawa lub środka prawnego na mocy niniejszej Umowy;
  • c) meeting any obligation of AM JO which AM JO fails to perform by reason of an event of Default;
  • d) failure of commission or commission fault caused by your improper use of AM JO’s platform;
  • e) przerwanie, wstrzymanie, opóźnienie lub błąd danych instrukcji handlowych, które mogą wystąpić z powodu nieprawidłowego działania, zerwania, opóźnienia lub innych czynników internetowej transmisji danych;
  • f) straty wynikające z niewłaściwego ujawnienia konta i hasła użytkownika, jego danych osobowych lub informacji handlowych w wyniku jego własnego postępowania;
  • g) your use of the service provided by AM JO causing loss to you and/or a third party;
  • h) any force majeure event, including declarations of war, acts of terrorism, environmental disasters, unexpected changes in the legal/regulatory sphere etc., outside the control of AM JO;

15.2. Użytkownik zgadza się również i przyjmuje do wiadomości, co następuje:

  • a) Upon registering and opening an account at AM JO, you warrant that you are obeying to the relevant laws and Applicable Regulations and Rules for using AM JO’s platform. You must not misuse AM JO’s trading platform and provided services by distributing illicit or harmful information or engaging in harmful conduct, including but not limited to the dissemination of false advertisements, violent imagery, insulting or slandering comments, violating the privacy of individuals and any other information against the laws and regulations. You must not engage in activities which infringe a third party’s intellectual property right or any other legal rights and interests. AM JO is not liable for any losses or damages arising from such conduct.
  • b) AM JO is not liable for any punitive, indirect, occasional, special or associated loss or damage, including but not limited to indirect personal damage, loss of business profit, interruption in trade, loss of business information or loss of any other reliance interests.
  • c) Since investment in securities or other financial products has risks of loss, AM JO will not be responsible for the profit and loss and risk related to your investment.
  • d) AM JO and our associated companies and Affiliates cannot guarantee the absolute reliability and accuracy of such information they provide as market quotation, diagram and comment, or the loss arising from the inaccuracy or missing of any contents of the market or from your subjective factors.
  • e) The internet contains an inherent level of risk, and in spite of AM JO’s best efforts it is possible that some malicious hack or malfunction of the web server may delay the release of or affect the veracity of market information and other securities-related information.
  • f) Your device setup may be incompatible with AM JO’s online transaction system, causing failure of orders or commission. In this case, you should report this to AM JO immediately and get technical support. AM JO is not liable for this.
  • g) AM JO does not examine or verify the contents provided by our associated companies and our Affiliates and does not guarantee the authenticity thereof, which should be judged by you and for which AM JO or its associated companies or Affiliates are not responsible.

15.3. Odszkodowanie umowne

You confirm that there may be postponement or interruption during your use of AM JO’s system, including those arising from AM JO’s intentional safeguarding of AM JO’s system. Under no circumstance, by taking whatever action and no matter whatever loss suffered by you may AM JO’s obligation exceed the total amount of the maximum monthly commission paid by you to AM JO within six (6) months before the occurrence of any claim.

16. Prywatność i poufność

16.1. You acknowledge that by opening an account with us and providing us with order instructions of buying or selling financial products, you will be providing us with personal information. You consent to us processing all such information for the purposes of performing the Agreement and administering the relationship between you and us. You acknowledge and agree that this may result in your personal information being sent outside the Hashemite Kingdom of Jordan. You consent to our processing and disclosing such information in accordance with this Agreement and our Privacy Policy as published on our website, as may be updated from time to time. In the event that you disclose your Tax Identification Number (“TIN”) to us, we will comply with the Applicable Regulations in the handling, storage and treatment of that TIN.

16.2. Informacje poufne obejmują między innymi informacje dotyczące naszej działalności, w tym wszelkich operacji, procesów, produktów i technologii, spraw, handlu, transakcji, klientów, dostawców (zwane dalej "Informacjami poufnymi"), ale nie obejmują informacji, które:

  • a) is or becomes public knowledge other than as a result of any breach of this Agreement or AM JO’s Privacy Policy;
  • b) jest w zgodnym z prawem posiadaniu użytkownika przed otrzymaniem od nas takich informacji;
  • c) jest otrzymywany przez użytkownika bez obowiązku zachowania poufności.

AM JO and you undertake to not:

  • a) ujawniać jakiejkolwiek osobie jakichkolwiek Informacji Poufnych, z wyjątkiem przypadków dozwolonych niniejszą Umową lub przepisami prawa;
  • b) wykorzystywać Informacji Poufnych w jakimkolwiek celu innym niż wykonywanie praw i obowiązków wynikających z niniejszej Umowy lub z nią związanych.

Niniejsza klauzula i jej działanie pozostają w mocy po rozwiązaniu niniejszej Umowy.

17. Klient musi utrzymywać alternatywne ustalenia handlowe

Computer-based systems such as those used by AM JO are inherently vulnerable to disruption, delay or failure. YOU AGREE TO TAKE REASONABLE STEPS TO MAINTAIN ALTERNATIVE TRADING ARRANGEMENTS IN ADDITION TO YOUR AM JO ACCOUNT FOR EXECUTION OF YOUR ORDERS IN THE EVENT THAT AM JO’S SYSTEM IS UNAVAILABLE.

18. Oświadczenie o ujawnieniu informacji

AM JO hereby makes the following disclosures to you:

18.1. Securities purchased by you will be subject, inter alia, to the conditions and limitations that are indicated in Clause 9.4 of the Agreement.

18.2. You will be the beneficial owner of your funds in your account and shall ensure that the source and use of the funds is legitimate, and that the procedures for the deposit and currency exchange are consistent with the relevant laws and Applicable Regulations of your jurisdiction. Any dispute arising from the ownership and legality of your funds or any associated liability will be solely your responsibility. If any loss is caused to AM JO or AM AS or AM PTY (as applicable) as a result, AM JO and AM AS or AM PTY (as applicable) shall be fully indemnified by you.

19. Limitation of Liability and Indemnity

19.1. Subject to the provisions of the relevant laws that are applicable in Jordan from time to time:

  • a) AM JO and any Affiliates make no warranties either expressly or impliedly as to merchantability, fitness for a particular purpose, or otherwise (including as to accuracy, availability, completeness or quality), with respect to any services offered by virtue of the Agreement, including, without limitation, AM JO’s trading platform;
  • b) AM JO and its Affiliates are excluded from all liability in contract or otherwise relating to or resulting from use of any service to be provided under this Agreement and for any loss incurred by you directly or indirectly without limitation as a result of or arising out of:
    • i. wszelkie niedokładności, błędy, opóźnienia lub pominięcia w jakichkolwiek informacjach dostarczonych użytkownikowi na mocy niniejszej Umowy;
    • ii. wszelkie opóźnienia, awarie lub nieścisłości lub utrata dostępu do świadczenia usług na rzecz użytkownika, w tym, bez ograniczeń, wszelkie opóźnienia, awarie lub nieścisłości lub utrata dostępu do platformy transakcyjnej lub w odniesieniu do przekazywania zleceń, instrukcji lub innych informacji;
    • iii. jakiejkolwiek błędnej interpretacji zamówienia lub instrukcji, które są niejasne, dwuznaczne lub niekonkretne; lub
    • iv. zdarzenie zakłócenia usługi.

19.2. AM JO and its Affiliates are not liable in contract, tort (including negligence) or otherwise for any loss of prospective profits or expenses or special, indirect or consequential damages resulting from the supply of a service and the provision of custodial or depository services (as and if applicable).

19.3. To the fullest extent permitted by law, you release, discharge and indemnify and agree to keep AM JO, its Affiliates and their directors, officers, employees, associates, agents and representatives as well as their affiliates indemnified from and against all claims arising out of:

  • a) jakiegokolwiek uchybienia, wynikającego z działania lub zaniechania użytkownika w ramach niniejszej Umowy lub jakiegokolwiek zamówienia, dyspozycji lub transakcji;
  • b) naruszenia przez użytkownika obowiązujących przepisów prawa;
  • c) jakiekolwiek oświadczenie lub gwarancja złożone lub udzielone przez użytkownika na mocy niniejszej Umowy okażą się nieprawdziwe lub niepoprawne;
  • d) wszelkie błędy, zaniechania, oszustwa, nadużycia, zaniedbania, sprzeniewierzenia lub działania przestępcze lub zaniechania ze strony użytkownika lub któregokolwiek z jego klientów, pracowników, agentów lub upoważnionych osób, konsultantów lub pracowników;
  • e) any failure of any of your computer or electronic systems or networks to perform, be available or successfully transmit data to AM JO, or any error or inadequacy in the data or information input into such systems or networks by you;
  • f) wszelkie opóźnienia w przetwarzaniu jakichkolwiek zleceń lub instrukcji, w tym na przykład w wyniku opóźnień systemowych lub rynkowych, lub z powodu procedur weryfikacji lub nieautoryzowanych procesów, lub z powodu czasu oczekiwania na połączenie lub przestrzegania wewnętrznych zasad i procedur;
  • g) anything lawfully done by AM JO in accordance with, pursuant or incidental to this Agreement;
  • h) wszelkie instrukcje, żądania lub polecenia wydane przez użytkownika;
  • i) by reason of AM JO complying with any direction, request or requirement of applicable law, any financial market, any government body or any regulatory body having jurisdiction over AM JO;
  • j) arising from and in connection with or in any way related to AM JO in good faith accepting and acting on instructions received by facsimile transmission, email or by other means which are signed by or purported to be signed by you or any authorised person;
  • k) arising out of AM JO’s observance of this Agreement; or
  • l) płatne w związku z nabyciem jakiegokolwiek produktu finansowego lub w związku z jakimikolwiek wezwaniami lub żądaniami płatności (w tym niespłaconego kapitału) w odniesieniu do nich.

20. Zmiana i rozwiązanie umowy

20.1. AM JO may amend this Agreement from time to time. Any revised terms of this Agreement shall become effective five (5) business days after the date of any email notification issued to you or the date that it is posted on AM JO’s website (whichever is earlier). Any continued use of the services after the effective date shall constitute acceptance of any revised terms.

Within this period, the Client may send a written notice of objection via e-mail to jordan@admiralmarkets.com. Upon doing so, the Client must promptly cease using the services of AM JO, except as necessary to close all securities trading accounts (or any other accounts where securities are available for trading).

Prior to the use of AM JO’s services, you should carefully read this Agreement as you may become AM JO’s client after observing all the terms hereof. Once you are using the functions of AM JO’s trading platform, you form a relationship with AM JO subject to this Agreement. This Agreement governs all orders and instructions of buying or selling financial products received from you and all transactions entered into by AM JO on your behalf. Any amended agreement will supersede any previous agreement between you and AM JO on the same subject matter. This clause does not serve to exclude the effect of any of AM JO’s other disclosure documents, policies and agreements.

20.2. Without limiting the clause 11 Default event, AM JO may terminate this Agreement at any time by giving you notice. You may terminate this Agreement at any time by giving AM JO 5 business days’ notice. The termination of this Agreement:

  • a) nie ma wpływu na zaległe zobowiązania wynikające z niniejszej Umowy, które pozostają niezrealizowane w momencie rozwiązania Umowy;
  • b) nie wpłynie na żadne zobowiązania, które mogły już zostać zaciągnięte przez którąkolwiek ze stron w odniesieniu do jakichkolwiek niezrealizowanych zamówień, instrukcji lub transakcji już realizowanych w imieniu użytkownika lub jakichkolwiek praw lub obowiązków prawnych, które mogły już powstać na mocy niniejszej Umowy lub jakichkolwiek instrukcji złożonych na jej podstawie; oraz
  • c) nie wpłynie na działanie klauzul 7, 8, 11, 12, 14, 15, 16, 19 lub 20, stosownie do przypadku.

Upon termination you will pay to AM JO any outstanding commission, charges, fees and taxes due.

20.3. Upon termination of this Agreement, subject to clause 12 Commissions and Fees, and without limiting clause 11 Default event, AM JO:

  • a) może wykonać jedną lub więcej z poniższych czynności:
    • i. anulować wszelkie niezrealizowane zamówienia i instrukcje;
    • ii. zawrzeć jedną lub więcej transakcji, aby wpłynąć na zamknięcie jednej lub więcej nierozliczonych transakcji lub otwartych pozycji;
    • iii. rozliczenia jakiejkolwiek transakcji, która nie została rozliczona w momencie rozwiązania umowy;
    • iv. exercise any other rights AM JO has under this Agreement; and
    • v. do, or refrain from doing, anything else which AM JO considers reasonable in the context of this Agreement (or part thereof) having been terminated; and
  • b) will if applicable, within a reasonable time and subject to any lien that may be exercised, transfer or cause to be transferred those financial products for, in communication with the respective custodian, according to your instructions, provided that AM JO is in good faith able to arrange and is legally allowed to make such transfer.
  • c) will charge commission and any other applicable charges, fees and taxes on the sale or transfer of your financial product.

Where financial products are sold, you may suffer a shortfall between the amount you invested and the amount you get back after sale. AM JO and its Affiliates are not responsible for any shortfall that arises. Any shortfall will be borne by you. Where financial products cannot be sold, redeemed or transferred, AM JO will certificate the financial products at your cost and distribute these certificates to you. This Agreement will continue until AM JO has transferred, sold, redeemed or otherwise distributed the financial products or paid you the proceeds.

21. Polityka prywatności

The Client represents that the Client has read and understood the information contained in the "Privacy Policy" to be found on AM JO’s website, and consents to the collection and use of the personal information that the Client has shared with the Affiliates in accordance therewith. The Client further consents to the receipt of annual notice of the Privacy Policy via the AM JO website and shall monitor the AM JO website for revisions to the Privacy Policy.

22. Procedury wnoszenia skarg

A summary of AM JO`s Internal complaint handling policy shall be made available to the Client through AM JO’s website.

23. Prawo właściwe i jurysdykcja

The Client irrevocably agrees that this Agreement shall be governed by and construed in accordance with the laws of Jordan without giving effect to conflicts of law provisions. The Client also irrevocably agrees that the courts of Jordan shall have exclusive jurisdiction over all disputes relating to or arising from the execution or performance of this Agreement, any transaction hereunder or any of the Client’s accounts and irrevocably submits to the jurisdiction of such courts. The Client waives any objection which it may have, at any time, to the bringing of any proceedings in any such court and agrees not to claim that such proceedings have been brought in an inconvenient forum or that such court does not have jurisdiction over it.

However, the foregoing shall not prevent AM JO or any of its Affiliates from bringing an action in any court of any other jurisdiction, in their discretion.

24.Różne

24.1. You agree that this Agreement, and the various disclosure documents and policies issued by AM JO as amended from time to time, contains the complete contract entered into by and between us and you. This Agreement, and the various disclosure documents and policies issued by AM JO as amended from time to time, replaces and supersedes any other explicit and/or implicit agreement or representation between yourself and AM JO. In the event that there are any circumstances not covered by this Agreement, AM JO’s terms and conditions and all other applicable disclosure documents and policies will apply to Clients who trade securities. These documents are available from AM JO’s website.

24.2. Jeśli jakikolwiek warunek niniejszej Umowy zostanie uznany za niewykonalny lub nieskuteczny, będzie on podlegał rozdzieleniu w najszerszym zakresie prawa i nie będzie musiał ograniczać wykonalności innych warunków niniejszej Umowy.

24.3. You agree and consent to AM JO recording all phone conversations you have with AM JO and any Affiliates. You acknowledge AM JO’s privacy policy and agree upon AM JO’s collection/use of your information according to AM JO’s rules and Applicable Regulations.

24.4. Without AM JO’s prior written consent, you shall not transfer any rights or obligations hereunder. After sending notice to you, AM JO may transfer this Agreement to another broker, trader or futures broker. This Agreement guarantees AM JO’s successors or assignees interests. AM JO may terminate this Agreement or terminate providing services to you at any time. You may close your account through AM JO’s website by informing AM JO by email, however, only upon clearance of all positions and satisfaction of all other requirements for closing an account as stipulated on AM JO’s website will your account be closed.

24.5. You authorise AM JO directly or through a third party to inquire you about the information required as held by AM JO for carrying out business activities with you. The inquiry may include credit report and other credit examination requested when you breach this Agreement or break the obligation hereunder or verification of the information provided by you to the third-party database. Please read the privacy policy on AM JO’s website for more details regarding how we store, handle and use your information.

24.6. You confirm that you are fully aware of the Applicable Regulation that governs and regulates this Agreement.

24.7. In the event any of the provisions of this Agreement contradicts with the Applicable Regulations, the Applicable Regulation shall prevail.

24.8. AM JO may amend this Agreement at any time as per clause 20 of this Agreement. In the event that any terms of this Agreement are rendered being fully or partially ineffective or unenforceable due to whatever reason, the other terms shall remain valid and binding to the extent permitted by law.

24.9. This Agreement is available in English and other languages. In case of any discrepancies between the English version and versions in other languages, the English version shall prevail.