<p>1. AUTHORIZATION TO TRADE</p><p>Subject to the terms and conditions of this Agreement and acceptance of Customer’s application to open an Account with ATM Capital , Customer hereby authorizes ATM Capital to maintain one or more Accounts in Customer’s name and engage in FX transactions for Customer’s Account in accordance with oral, written or electronic instructions by Customer and its officers, partners, principals, employees or other agents (“Representatives”). Customer will bear the risk of all unauthorized instructions by its Representatives and will indemnify and hold ATM Capital harmless from all claims, liabilities, losses, damages, fees,<br />costs and expenses relating to or arising from ATM Capital ’s reliance on such instructions, including any improper, unauthorized or fraudulent instructions by the Representatives, except in cases of gross negligence or willful misconduct by ATM Capital . Unless expressly stated otherwise in writing, all transactions entered into between ATM Capital and Customer shall be governed by the terms of this Agreement, as amended from time to time (including, without limitation, ATM Capital ’s Risk Disclosure. Finally, I confirm that I am aged 18 years or over and that the information provided by me in this application is accurate and correct.Disclosures and Trading Policies and Procedures).</p>