China Connect Securities Trading Service Sample Clauses

China Connect Securities Trading Service. The Client acknowledges and agrees that in providing USL’s China Connect securities trading service to the Client, USL will be required to: (i) tag each of the Client’s orders submitted to the China Stock Connect System (“CSC”) with a Broker-to-Client Assigned Number ("BCAN") that is unique to the Client or the BCAN that is assigned to the Client’s joint account with USL, as appropriate; and (ii) provide to the Exchange the Client’s assigned BCAN and such identification information (“Client Identification Data” or “CID”) relating to the Client as the Exchange may request from time to time under the Rules of the Exchange. Without limitation to any notification USL has given the Client or consent USL has obtained from the Client in respect of the processing of the Client’s personal data in connection with the Client’s account and USL’s services to the Client, the Client acknowledges and agrees that USL may collect, store, use, disclose and transfer personal data relating to the Client as required as part of USL’s China Connect securities trading service, including as follows: (a) to disclose and transfer the Client’s BCAN and CID to the Exchange and the relevant SEHK Subsidiaries from time to time, including by indicating the Client’s BCAN when inputting a China Connect Order into the CSC, which will be further routed to the relevant China Connect Market Operator on a real-time basis; (b) to allow each of the Exchange and the relevant SEHK Subsidiaries to: (i) collect, use and store the Client’s BCAN,CID and any consolidated, validated and mapped BCANs and CID information provided by the relevant China Connect Clearing House (in the case of storage, by any of them or via SEHK) for market surveillance and monitoring purposes and enforcement of the Rules of the Exchange; (ii) transfer such information to the relevant China Connect Market Operator (directly or through the relevant China Connect Clearing House) from time to time for the purposes set out in (c) and (d) below; and (iii) disclose such information to the relevant regulators and law enforcement agencies in Hong Kong so as to facilitate the performance of their statutory functions with respect to the Hong Kong financial markets; (c) to allow the relevant China Connect Clearing House to: (i) collect, use and store the Client’s BCAN and CID to facilitate the consolidation and validation of BCANs and CID and the mapping of BCANs and CID with its investor identification database, and provide such consolid...
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Related to China Connect Securities Trading Service

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