Common use of Cash Held for the Client Clause in Contracts

Cash Held for the Client. Any cash held for the Client, other than cash received by COL in respect of Transactions and which is on-paid for settlement purpose or to the Client, shall be credited to a client trust account maintained with a licensed bank as required by applicable laws from time to time.

Appears in 2 contracts

Samples: Client Agreement, Client Agreement

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Cash Held for the Client. 6.1 Any cash held for the Client, other than cash received by COL the Broker in respect of Transactions and which is on-paid for settlement purpose purposes or to the Client, shall be credited to a client trust account maintained with a licensed bank as required by applicable laws from time to time.

Appears in 1 contract

Samples: Margin Client’s Agreement

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Cash Held for the Client. 8.1 Any cash held for the Client, other than cash received by COL the Broker in respect of the Transactions and which is on-paid for settlement purpose purposes or to the Client, shall be credited to a client trust account maintained with a licensed bank as required by applicable laws from time to time.

Appears in 1 contract

Samples: www.ctimes.hk

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