Custody of Securities. 23.1 Manner of custody Any Securities which are held by us for the Account may, at our discretion, be either: (a) registered in your name or in the name of our associated entity (as defined in the Securities and Futures Ordinance); or (b) deposited in safe custody in a designated account of our banker or with any other appropriate institution which provides safe custody facilities as may be permitted by the applicable laws and regulations.
Appears in 5 contracts
Samples: Customer Agreement, Customer Agreement, Customer Agreement
Custody of Securities. 23.1 24.1 Manner of custody Any Securities which are held by us for the Account may, at our discretion, be either:
(a) registered in your name or in the name of our associated entity (as defined in the Securities and Futures Ordinance); or
(b) deposited in safe custody in a designated account of our banker or with any other appropriate institution which provides safe custody facilities as may be permitted by the applicable laws and regulations.
Appears in 1 contract
Samples: Client Agreement
