the broker must, within 7 days after the end of that month, send to the client
a written statement setting out:
- (c)
- the name or style under which the broker carries on business as a futures
broker and the address of the principal place at which the broker so carries
on business; and
- (d)
- the opening cash balance for that month in the client's account; and
- (e)
- all deposits, credits, withdrawals and debits affecting the account during
that month; and
- (f)
- the cash balance in the account at the end of that month; and
- (g)
- in relation to each futures contract that the broker has, before or during
that month, acquired on behalf of the client and that, as at the end of that
month, has not been disposed of, particulars of the futures contract,
including the particulars required by virtue of paragraph 1206(3)(d), or
paragraphs 1206(4)(b), (e) and (f) or (5)(b), (d) and (e), as the case
requires, to be included in a contract note relating to the acquisition of the
futures contract; and
- (h)
- details of each outstanding call for a deposit or margin in respect of a
futures contract that the broker has acquired on behalf of the client.
(2) Where a futures broker has, during a particular month, authority to
operate on a discretionary account, the broker must, within 7 days after the
end of that month, send to the person, or to each person, as the case
requires, who gave instructions to the broker authorising the broker to
operate on the discretionary account a written statement setting out:
- (a)
- the name or style under which the broker carries on business as a futures
broker and the address of the principal place at which the broker so carries
on business; and
- (b)
- the opening cash balance for that month in the account (in this subsection
called the account ) maintained by the broker in respect of the
discretionary account; and
- (c)
- all deposits, credits, withdrawals and debits affecting the account during
that month; and
- (d)
- the cash balance in the account at the end of that month; and
- (e)
- in relation to each futures contract:
- (i)
- that the broker has acquired before or during that month; and
- (ii)
- the acquisition of which was an operation by the broker on the
discretionary account; and
- (iii)
- that, as at the end of that month, has not been disposed of;
particulars of the futures contract, including the particulars required by
virtue of paragraph 1206(3)(d), or paragraphs 1206(4)(b), (e) and (f) or
(5)(b), (d) and (e), as the case requires, to be included in a contract note
relating to the acquisition of the futures contract; and
- (f)
- details of each outstanding call for a deposit or margin in respect of a
futures contract that the broker has acquired on behalf of the client and the
acquisition of which was an operation by the broker on the
discretionary account.