2. Tell us who should access the e-Markets Nexus platform using the Power of Attorneys
The role of the Administrator is to assign Users to e-Markers Nexus. An Administrator may also be a User
A User is assigned by an Administrator and has a given set of permissions allowing access to one or more online services
2.2 Assign Administrators and Users:
A. Power of Attorney from the Customer to the Administrator
Without any Power of Attorney we are unable to grant you access to the e-Markets Nexus portal. You must assign at least one Administrator. Both the Customer and the Administrator must sign the Power of Attorney(s). If the Administrator is also a User, the same document can be used to grant the permissions.
B. Power of Attorney from the Administrator to the User
Administrators may assign Users using one or more Power of Attorney from the Administrator to the User. Both the User and the Administrator must sign the Power of Attorney.
I am already a Nexus user, will I keep my existing User ID and Password?
Yes, existing users will keep their current user ID and password.
How will I be notified when accesses is granted?
Accesses will be granted based on the signed and returned Power of Attorneys. All new users will receive a Welcome email from us, advising them that the new online services have been made available. If the new user has trading rights, the Welcome email will only include the password. The user ID will be sent by post. If the new user does not have trading rights, the email will include both the user ID and the password.
What happens to my existing e-Markets Trading contract?
This new e-Markets agreement replaces any previously signed e-Markets trading contract.
What is a Legal Entity Identifier code?
The Legal Entity Identifier (LEI) is a reference number to uniquely identify parties in financial transactions worldwide, throughout all markets and legal systems. LEI codes are required for all legal entities falling into one of the categories below:
• All entities trading derivatives (except for private individuals)
• All entities issuing equity, debt and all entities listed on an exchange
• All entities trading equity or debt (except for private individuals)
• All entities supervised by a financial regulator and their affiliates, subsidiaries and holding companies
Will all the new solutions be available immediately upon signing of the new agreement?
No. The various online services are being developed and implemented over time. Your chosen Administrator/s will be advised via email as new services become available.