Schwab will provide you with written confirmation of trades executed on your account in accordance with Rule 10 (b) -10 of the SEC rule. You agree that Schwab is not legally required to provide you with a commercial report other than the written confirmation required by SEC rules and that any other commercial status reports are provided only as a courtesy. Schwab is not responsible for losses, losses or other damages purportedly due to delays or non-issuance of a commercial status report. On bank statements and business confirmations, Schwab calculates the quantity, unit price and market price at four decimals if necessary. For billing purposes, Schwab rounds up the amounts due, either from Schwab or from the next pfennig. You agree to notify Schwab if you want any of your messages to be sent separately. If you would like to combine messages for additional eligible accounts that are not automatically combined, please contact Schwab. If you have an account for which you are acting in trust, it is your responsibility to check whether it is appropriate to send you envelopes that may contain material that relates to both your personal and fiduciary abilities. You are responsible for checking all your bank statements, changes to your account agreement, any administrative information and other information provided by Schwab. Such leniency in the application of an arbitration agreement does not constitute a waiver of the rights of this agreement, unless it is included as it is indicated. We reserve the right to request written instructions from all account holders, at our sole discretion.
We retain the right, but we are not obligated to put trade, payment and other restrictions on an account if we receive a dispute or conflicting instructions from joint account holders. You authorize us to act as an agent to make deposits on one or more banks related to Schwab and withdrawals from deposit accounts or to buy and sell shares in a Schwab® Sweep Money Fund in accordance with the Cash Features Information Statement. Any message we send to an account holder will be communicated to all account holders. The provision of a TCP to Schwab does not guarantee that no financial exploitation is or takes place. You are responsible for compensating and compensating Schwab, its related companies and their directors, executives and agents of and against all claims, deeds, expenses and debts, including legal fees, which are related to: Schwab, which addresses your TCP; Schwab, which temporarily respects the payment of funds and/or securities to your account; and Schwab has not contacted your TCP or received temporary payments of funds and/or securities from your account. Schwab is looking for industry execution services and access to the best performing markets for the resolution of non-targeted orders of publicly traded stocks and options. Schwab forwards execution orders to unrelated brokers who act as market makers or can manage the execution of orders in other markets and also transmits orders directly to large exchanges. Schwab takes into account a number of factors in assessing the quality of execution between contracts and companies, including execution pricing and price improvement opportunities, market depth and order size, commercial security features, speed and accuracy of executions, availability of efficient and reliable order management systems, automatic liquidity and execution guarantees, likelihood of execution when limited orders become marketable and service levels, and costs of executing orders in a given market or business. Price improvement occurs when an order is executed at a lower price than the offer or the best national offer displayed.
Schwab regularly monitors the quality of execution obtained to ensure that orders are delivered to markets that, over time, have provided high-quality execution services.