Last updated: 29/12/2023
Please read this Client Agreement and Terms of Use ( “Agreement”, “Terms”) carefully before using the https://www.weybridgeassets.com website (the “Service”) operated by Weybridge Assets, Inc. (“us”, “we”, or “our”).
Your access to and use of the Service is conditioned on your acceptance of and compliance with this Agreement and Terms.
The following Agreement and Terms apply to all investment (Company, Individual / Joint and Discretionary Investment Management DIM) accounts opened and maintained with us.
By accessing or using the Service you agree to be bound by this Agreement and Terms.
If you disagree with any part of the terms then you may not access the Service.

The Client Agreement

The Client Agreement is intended to simplify your relationship with us.

You are agreeing that its terms will apply to all your accounts, transactions and services while you are our client.

When you open a new account or enroll in a service, we will provide you with a specimen signature card that you are required to sign, scan and return it to us. This also acts as your agreement to the terms of the new account or service. As a result, in many cases, you will not need to sign an additional account agreement or other forms.

In particular, you are agreeing to arbitrate all controversies that arises between us.

We reserve the right at our sole discretion to modify or replace these terms at any time. If a revision is material we will try to provide at least 30 days notice prior to any new terms taking effect. What constitutes a material change will be determined at our sole discretion.

By continuing to access or use our Service after those revisions become effective, you agree to be bound by the revised terms. If you do not agree to the new terms, please stop using the Service.

Commissions and Fees

Fees:
Weybridge Assets charges a commission fee on each transaction, whether buying or selling shares. Account holders will be subject to the following trading fees;

• All transactions up to the maximum value of $20,000.00 will be charged a fee of $50.00 per trade;
• All transactions exceeding $20,000.00 will be charged a fee equal to 0.25% of the trade value;
• The commission fee will be included on the Trade Confirmation and it is the responsibility of the Transfer Agent, notary public or solicitor handling the trade to remit these funds to Weybridge Assets if client has not settled directly with the company.

You must also ensure that cleared funds are available on or before the day they are required.

Convenience with client protection:
Dependent on the relevant trading exchange, celerity and locality of the client, payments for shares are usually settled either directly with Weybridge Assets or through the relevant secure registered Transfer Agent. Transfer Agents function as a secure currency transfer facility between client and broker. In addition to transferring funds for the purchase or sale of shares, they may also be responsible for the safe and secure issuing and redeeming of certificates.

Exchange Rate

Where currency conversion is necessary to affect the purchase or sale of security, Weybridge Assets will not charge for currency conversion, which will be at bank base rate on date of execution and time of issue.

Client Restrictions

Minors cannot use the Service, designated accounts may however be ‘held’ for minors, but they must be operated by a person over 18 years.

To protect Broker/Client confidentiality we do not permit use of, or contact via, web based social networking or web based media chat sites, to any of its employees by their clients. These include, but not limited to; LinkedIn, Facebook, Twitter, Google+, Skype, WhatsApp, MSN, MySpace and Yahoo.

Risk

Transactions in complex instruments may include risks that are unsuitable for some people. You should not deal in these unless you understand fully the nature of the agreement (and contractual relationship) you are entering into and the extent of your exposure to risk. If operating your account on an ‘execution-only’ basis we will need to be satisfied that the transaction in question is suitable for you in light of your experience, objectives, financial resources and other relevant circumstances.

You should be aware that the price and value of any investments and the income or dividend, if any, from them, can fluctuate, and may fall. You may get back less than the amount originally invested. Information on past performance where given, is not necessarily a guide to future performance. Exchange rate fluctuations may have an adverse effect on the value of investments and we shall not be liable for adverse market conditions or circumstances beyond our control.

There is an extra risk of losing money when shares are bought in some smaller companies. There is often a big difference between the buying and selling price of these shares. If they have to be sold immediately, you may get back much less than you paid for them. The price may change quickly and it may go down as well as up.

Recording

We may (but not obligated to) record communications between us and the Client. The Client consents such recordings by us may be used as evidence of the contents of the communications if pertinent in any dispute.

Termination

Either party may terminate the account by giving the other seven business days written notice, except in the case of DIM account holders.

Discretionary Investment Management accounts: DIM agreements and accounts exist a minimum duration of 12 months from date of inception and cannot be terminated until 1 calendar year has elapsed. Preferred 2% commissions levied on portfolio maturity are calculated on minimum average DIM account longevity.

Notwithstanding clause above, we shall be entitled to terminate, or suspend the account immediately, and without notice to the Client, on the happening of any of the following events:

• the Client fails to comply with any of its obligations herein or under any account or transaction;
• an encumbrancer takes possession, or a receiver, or receiver and manager is appointed over any of the property or assets of the Client;
• the Client makes any voluntary arrangement with its creditors or becomes subject to an administration order;
• the Client is the subject of a petition presented, or an order made, or a resolution passed to wind up the Client, to place the Client in bankruptcy, or to place the Client in judicial management, or to take any similar or analogous action in respect of the Client.

Important Disclosures

You will not use the Service for any purpose which is unlawful, abusive or threatening, and must have the power and approval to enter in to (and perform) your obligations under this Agreement and Terms.

You must let us know immediately of any changes to your personal details, including the address that we use for correspondence purposes. We shall not be liable for any loss that you may suffer where we have not been informed of any change.

If you become aware at any time that another party has acquired knowledge of your username and/or password you must make no further use of the account and notify us immediately.

Any personal information is treated as confidential and may be shared only within Weybridge Assets, Inc. and its employees. We will keep information about you after the termination of your account or service provision for as long as it is allowed for legal, regulatory, fraud prevention, business and financial crime purposes.

Personal information you give us will be stored on our secure servers. All electronic transactions you make to, or receive from us will be encrypted. We will not dispense your personal information to any third parties for the purpose of direct marketing.

Governing Law

This Agreement and Terms shall be governed and construed in accordance with the laws of Singapore without regard to its conflict of law provisions.

Our failure to enforce any right or provision of this Agreement and Terms will not be considered a waiver of those rights.

If any provision of this Agreement and Terms is held to be invalid or unenforceable by a court, the remaining provisions of this Agreement and Terms will remain in effect.

Contact Us

If you have any questions about this Agreement and Terms of Use, please send an email Email Legal.

In order to begin trading with Weybridge Assets you must complete our Application Form for compliance and to meet Know Your Customer (KYC) standard.

Once approved you will receive your personal account login and password to our online active client area, and your dedicated Weybridge Assets wealth manager will contact you to discuss your investments requirements and strategise a plan moving forward.

To fully activate your trading account you must make an initial trading deposit of US $10,000.00 to your portfolio.

This balance will then be traded into equity and confirmed within your portfolio.

Trade Execution & Confirmation Document

Each time we purchase shares for your portfolio you will receive a confirmation of trade for signature to return to us. This will include your personal account summary, execution date, transfer agent coordinates (if applicable), stock details, price, exchange, cusip number, and commission fee (if applicable).

Equally each time we sell a position in the market you will receive a sell order confirming trade. You will similarly be required to sign and return it to us, authorising the sale.

Note: If an immediate timely execution is required (at night), you will receive sale confirmation the following day during normal office hours post trade.

Payments

In accordance with standard trading terms, we operate on a T+3 basis (this means ‘trade date’ plus three working days settlement).

Dependent on the relevant trading exchange and locality of the client, payments for shares are usually settled either directly with Weybridge Assets or through the relevant secure registered Transfer Agent. Transfer Agents function as a secure currency transfer facility between client and broker. In addition to transferring funds for the purchase or sale of shares, they may also be responsible for the safe and secure issuing and redeeming of certificates.

Trade Fees

Weybridge Assets charges a commission fee on each transaction, whether buying or selling shares.

Individual and Joint Account holders will be subject to the following trading fees:

• All transactions up to the maximum value of $20,000.00 will be charged a fee of $50.00 per trade;
• All transactions exceeding $20,000.00 will be charged a fee equal to 0.25% of the trade value;
• The commission fee will be included on the Trade Confirmation and it is the responsibility of the Transfer Agent, notary public or solicitor handling the trade to remit these funds to Weybridge Assets if client has not settled directly with the company.

Account Management

Your dedicated Weybridge Assets broker or wealth manager will follow the trading prices of shares held in your portfolio and will provide timely advice on both buying and selling.

In addition we provide regular updates and news regarding any important developments in the companies whose shares you hold, or any positive/negative information that may affect share prices.

The management of your account and any subsequent research and information is provided to you at no extra cost.