Mastertrader.com Privacy Policy
Mastertrader.com
carries your account as an introducing broker under a fully disclosed
clearing arrangement with Penson Financial Services, Inc. At
Mastertrader.com, we understand that privacy is an important
issue for our customers. It is our policy to respect the privacy
of all accounts that we maintain as an introducing broker and
to protect the security and confidentiality of nonpublic personal
information relating to those accounts. Please note that this
policy applies to former customers as well as current customers.
Personal
Information Collected
In order to service your account as an introducing broker, we collect information
from you in order to provide the financial services that you have requested.
The information collected by us and provided to Penson may come from the following
sources:
- Information
received from you, such as your name, address, telephone number,
social security number, occupation, and income.
- Information
relating to your transactions, including account balances,
positions and activities.
- Information
which may be received from consumer reporting agencies, such
as credit bureau reports and other information relating to
your creditworthiness.
- Information
that may be received from other sources with your consent.
Sharing
of Nonpublic Personal Information
Mastertrader.com does not disclose nonpublic personal information relating
to current or former customers to any third parties, except as required or
permitted by law and in order to facilitate the clearing of customer transactions
in the ordinary course of business. We may share some personal information from time to time with
affiliated companies. You may opt out of this policy by emailing a written
request to support@mastertrader.com.
Security
Mastertrader.com strives to ensure that our systems are secure and that they
meet industry standards. We protect personal information you provide to
us by maintaining physical, electronic, and procedural safeguards that
either meet or exceed applicable law. Where appropriate we and our clearing
firm, Penson, employ firewalls, encryption technology, user authentication
systems (i.e. passwords and personal identification numbers) and access
control mechanisms to control access to the systems and data. Third parties
who may have access to such personal information must also agree to follow
appropriate standards of security and confidentiality.
Mastertrader.com
has educated its staff with regard to this privacy policy and
as a general policy our staff will not discuss or disclose information
regarding an account except with authorized personnel of our
clearing firm or as required by law or pursuant to regulatory
request and/ or authority.
Changes
to Mastertrader.com Privacy Policy
Mastertrader.com reserves the right to make changes to this policy.
How
to get in touch with Mastertrader.com about this Privacy
Policy
For more information relating to Mastertrader.com’s
privacy policy, please contact:
Mastertrader.com
Compliance Dept. • 7-11 S. Broadway, Suite 210A • White
Plains, NY 10601
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