Title Transfer Collateral Arrangements
In accordance with CASS 7.11.3, Client Money Rules, “Title transfer collateral arrangements”, and in agreement of clause 23.6 of your Terms and Conditions, I hereby agree to, and authorise the transfer of full ownership of monies to Your Trading Broker, for the purposes of securing or otherwise covering present, future, actual, contingent or prospective obligations.
I understand and agree that the consequence of the transfer of ownership of any such monies means that it shall no longer be regarded or treated as “Client Money” in relation to the segregation of those monies.
In the event of a transfer of ownership of any monies to me, because those monies are no longer required for the purposes of securing or otherwise covering present, future, actual, contingent or prospective obligations then those monies shall forthwith be treated and regarded by Your Trading Broker as falling within the Client Money Rules.
I understand that If, as a result of a change of circumstances, this TTCA ceases to be applicable, for example (but not limited to), a change in CASS or other FCA regulations) then you will inform me of the same in writing.