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Important Instructions For Completing These Forms - Lakefront Futures: What You Should Know
The Agent shall receive from the Buyer, at his own expense, and shall have the right to sell said commodity futures up to and including the maximum stated net contract price per contract established by the Commission. The Agent shall sell any futures at his own expense for twenty-four (24) hours from and after receipt of an execution order. The Buyer shall pay the Buyer's agent up to and including the maximum stated net contract price per contract established by the Commission. The Buyer agrees to pay the Agent all costs and expenses incurred pursuant to this agreement. The undersigned hereby agrees to be accountable to the Buyer for all payments made to/from Norman Trading, L.L.C. within the scope provided herein. The undersigned hereby agrees to pay Norman Trading, L.L.C. a weekly fee of five (5%) per week for the past six (6) months commencing on October 1, 2011, for the services rendered to the Buyer. A Broker's Agreement Norman Trading, L.L.C. Futures, P.O.C. Norman Trade Execution Options All execution options are open interest. The Commission may withdraw a market order and cancel the underlying. If an order is withdrawn, the price is set as is the option exercise value. All price information provided to the option holder is based on the prices set by the commission. No commission can be added, no commission deduction made for selling a stock or a commodity or futures. The value of the option purchase is subject to the Commission's stated and stated-to-be-determined commission rules and rules which apply to the Commodity Exchange. The following is a summary of options execution: Option Execution Price : The Commission price per contract of the option. Commission : Commission of one percent (1%%) per contract per month, up to a maximum of one percent (1%%) per month. Net Option Value : The maximum value, if exercised, for the contract (that is, the option exercise price minus the Commission price). A price for a given option does not necessarily indicate value. Option Execution Price : A commission is charged only when you pay the Options Execution Price. Unless otherwise provided by the Commission, a commission is charged only when you pay the Commission price (including when buying or selling). For more information, see “Commission and Exchange Fees.
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