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Trading authorization refers to the conferral of exclusive rights to a trading agent or a broker to manage and control a client's investment accounts. With trading authorization, a third-party agent holds exclusive rights to conduct and manage all of the account's activities according to the client's objectives.
LTA or Leave Travel Allowance stands for a type of tax exemption that most of the employees get from their employer.
In general, people grant trading authorization to a spouse, another family member or possibly another trusted person. A trade authorization gives the person you designate the authority to do any or all of the following in your account: Buy, sell and trade your securities.
Limited trade authorization is a level of discretionary trading authorization that gives an agent or broker the power to place orders or make inquiries concerning a client's account. Limited trading authorization allows the agent to act on behalf of an investor, but does not allow for the disbursement of account funds.
In general, people grant trading authorization to a spouse, another family member or possibly another trusted person. A trade authorization gives the person you designate the authority to do any or all of the following in your account: Buy, sell and trade your securities.
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People also ask

Which of the following parties of an account can give trading authorization to another party? Since only Second Parties can open accounts, only a Second Party can give trading authorization to either a First Party (a discretionary account) or to a Third Party (a Third Party trading authorization).
Which of the following parties of an account can give trading authorization to another party? Since only Second Parties can open accounts, only a Second Party can give trading authorization to either a First Party (a discretionary account) or to a Third Party (a Third Party trading authorization).
Page 1. Limited Authorization. (for client name mutual fund accounts only \u2013 Individual and Joint Accounts)
Limited trade authorization is a level of discretionary trading authorization that gives an agent or broker the power to place orders or make inquiries concerning a client's account. Limited trading authorization allows the agent to act on behalf of an investor, but does not allow for the disbursement of account funds.
Trading authorization refers to the conferral of exclusive rights to a trading agent or a broker to manage and control a client's investment accounts. With trading authorization, a third-party agent holds exclusive rights to conduct and manage all of the account's activities according to the client's objectives.

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