DERIVATIVE TRADING Sample Clauses

DERIVATIVE TRADING. 3.1 FPTS only opens the derivative trading account and provides derivative trading services for the Customer who has already opened the securities transaction account at FPTS. The Customer agrees that the contracts signed with FPTS, including Securities Transaction Account Opening Agreement and Terms and Conditions of Securities Transaction Account Opening Agreement; Contract for Provision and Use of Securities Transaction Services and Terms and Conditions of Using Securities Transaction Services, and Risk Statement, shall be automatically applied to the Derivative Trading Account. 3.2 The Customer undertakes that he/she places derivative trading orders in accordance regulations of with FPTS, the Stock Exchanges, the Vietnam Securities Depository and other competent authorities. 3.3 FPTS may refuse to perform the Customer’s requests or orders of derivative trading if such derivative trading requests violate, or potentially violate, the Vietnamese law, regulations of competent authorities and/or relevant regulations of FPTS 3.4 In the event that the Customer’s Derivative Trading Account at FPTS does not have enough balance to fulfill his/her obligations, including but not limited to payment for daily position loss, compensatory payment for delivery margin for government bond futures, fee and tax payment, FPTS will pay an advance for the Customer without having to send a notification to him/her or have his/her consent. The Customer is responsible for repaying the outstanding loan paid in advance by FPTS and the interest on such outstanding loan. The interest rate hereto used to calculate the interest is announced by FPTS on the website xxxx://xxx.xxxx.xxx.xx. FPTS is fully entitled to automatically collect principal and interest from the Customer’s Derivative Trading Account.
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DERIVATIVE TRADING. 11.1. Derivatives products include but not limit to derivatives warrants, callable bull/bear contracts (“CBBCs”), and those exchange-traded funds that invest in derivatives instruments designed to replicate the performance of an index, a stock or a commodity. In light of the risks, you should undertake such Transactions only if you understand the nature of the product agreement (and contractual relationships) into which you are entering and the extent of your exposure to risk. Trading in derivatives products is not suitable for everyone. You should carefully consider whether trading is appropriate for you in light of your experience, objectives, financial resources and other relevant circumstances. 11.2. In the event that a derivatives product issuer becomes insolvent and defaults on their listed Securities, you will be considered as unsecured creditors and will have no preferential claims to any assets held by the issuer. You should therefore pay close attention to the financial strength and creditworthiness of derivatives product issuers. 11.3. Uncollateralized derivatives products are not asset backed. In the event of issuer bankruptcy, you can lose your entire investment. You should read the listing document to determine if a product is uncollateralized. 11.4. Derivatives products such as derivatives warrants and CBBCs are leveraged and can change in value rapidly according to the gearing ratios relative to the underlying assets. You should be aware that the value of a derivatives product may fall to zero resulting in a total loss of the initial investment. 11.5. Derivatives products have expiry dates after which their values may become worthless. You should be aware of the expiry time horizon and choose a product with an appropriate lifespan for your trading strategy. 11.6. The price of a derivatives product may not match its theoretical price due to external influences such as market supply and demand factors. As a result, actual traded prices can be higher or lower than the theoretical price. 11.7. Trading of derivatives products with underlying assets not denominated in Hong Kong dollars are also exposed to exchange rate risk. Currency rate fluctuations can adversely affect the underlying asset value, and, therefore, also affect the price of derivatives products. 11.8. The HKEx requires all derivatives product issuers to appoint a liquidity provider for each individual issue. The role of liquidity providers is to provide two way quotes to facilitat...
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DERIVATIVE TRADING. This Agreement also encompasses the derivative trading; the Company can act on individual derivative trading Transaction such as orders made directly from the Client to the Company or through the Company’s Online Trading System. The Company will operate and manage base on the Client Access Data without hesitations and further questions, the Orders will remain valid and will be completely intact with Client and its Client Access Data. One more thing to note, the Company will completely and thoroughly follow the Client’s request for the order execution along with the agreed terms. The Company won’t be held liable for any mishandling and inaccurate information with the Order. The Company also views the Orders as concrete and will eventually proceed with the Transaction. All Orders are expected to be placed and executed or modified and removed within the allowed trading time; all late Orders will then promptly take the next trading session. The Company will also be putting the open spot positions a day over the next business day, after closing the business in the relevant Underlying Market. Furthermore, the Company also reserves the right to close existing open position under thorough discretion. The Company will, but not constrained to, at the highest circumspection, proceed with the Client’s request, pursue its Orders even outside the normal derivative trading hours.
Sample 1
DERIVATIVE TRADING. FPTS chỉ mở tài khoản giao dịch CKPS và cung cấp dịch vụ giao dịch CKPS cho các Khách hàng đã mở xxx xxxxx xxxx xxxx xxứng khoán cơ sở tại FPTS. Khách hàng đồng ý rằng, các hợp đồng đã ký với FPTS: Hợp đồng mở xxx xxxxx xxxx xxxx xxứng khoán và Các điều khoản và điều kiện hợp đồng mở xxx xxxxx xxxx xxxx xxứng khoán; Hợp đồng cung cấp và sử dụng dịch vụ giao dịch chứng khoán và Các điều khoản và điều kiện sử dụng dịch vụ giao dịch chứng khoán, Bản công bố rủi ro sẽ đương nhiên có hiệu lực áp dụng đối với Tài khoản giao dịch CKPS./ FPTS only opens the derivative trading account and provides derivative trading services for the Customer who has already opened the securities transaction account at FPTS. The Customer agrees that the contracts signed with FPTS, including Securities Transaction Account Opening Agreement and Terms and Conditions of Securities Transaction Account Opening Agreement; Contract for Provision and Use of Securities Transaction Services and Terms and Conditions of Using Securities Transaction Services, and Risk Statement, shall be automatically applied to the Derivative Trading Account.
Sample 1

Related to DERIVATIVE TRADING

  • Unbundled Copper Loop – Non-Designed (UCL-ND 2.4.3.1 The UCL–ND is provisioned as a dedicated 2-wire metallic transmission facility from BellSouth’s Main Distribution Frame to a customer’s premises (including the NID). The UCL-ND will be a “dry copper” facility in that it will not have any intervening equipment such as load coils, repeaters, or digital access main lines (“DAMLs”), and may have up to 6,000 feet of bridged tap between the end user’s premises and the serving wire center. The UCL-ND typically will be 1300 Ohms resistance and in most cases will not exceed 18,000 feet in length, although the UCL-ND will not have a specific length limitation. For loops less than 18,000 feet and with less than 1300 Ohms resistance, the loop will provide a voice grade transmission channel suitable for loop start signaling and the transport of analog voice grade signals. The UCL-ND will not be designed and will not be provisioned with either a DLR or a test point. 2.4.3.2 The UCL-ND facilities may be mechanically assigned using BellSouth’s assignment systems. Therefore, the Loop Make Up process is not required to order and provision the UCL-ND. However, Lightyear can request Loop Make Up for which additional charges would apply. 2.4.3.3 At an additional charge, BellSouth also will make available Loop Testing so that Lightyear may request further testing on the UCL-ND. Rates for Loop Testing are as set forth in Exhibit B of this Attachment. 2.4.3.4 UCL-ND loops are not intended to support any particular service and may be utilized by Lightyear to provide a wide-range of telecommunications services so long as those services do not adversely affect BellSouth’s network. The UCL-ND will include a Network Interface Device (NID) at the customer’s location for the purpose of connecting the loop to the customer’s inside wire. 2.4.3.5 Order Coordination (OC) will be provided as a chargeable option and may be utilized when the UCL-ND provisioning is associated with the reuse of BellSouth facilities. Order Coordination -Time Specific (OC-TS) does not apply to this product. 2.4.3.6 Lightyear may use BellSouth’s Unbundled Loop Modification (ULM) offering to remove bridge tap and/or load coils from any loop within the BellSouth network. Therefore, some loops that would not qualify as UCL-ND could be transformed into loops that do qualify, using the ULM process.

  • Unbundled Copper Loop – Designed (UCL-D) 2.4.2.1 The UCL-D will be provisioned as a dry copper twisted pair (2- or 4-wire) Loop that is unencumbered by any intervening equipment (e.g., filters, load coils, range extenders, digital loop carrier, or repeaters). 2.4.2.2 A UCL-D will be 18,000 feet or less in length and is provisioned according to Resistance Design parameters, may have up to 6,000 feet of bridged tap and will have up to 1300 Ohms of resistance. 2.4.2.3 The UCL-D is a designed circuit, is provisioned with a test point, and comes standard with a DLR. OC is a chargeable option for a UCL-D; however, OC is always required on UCLs where a reuse of existing facilities has been requested by Telepak Networks. 2.4.2.4 These Loops are not intended to support any particular services and may be utilized by Telepak Networks to provide a wide-range of telecommunications services as long as those services do not adversely affect BellSouth’s network. This facility will include a Network Interface Device (NID) at the customer’s location for the purpose of connecting the Loop to the customer’s inside wire. 2.4.2.5 Upon the Effective Date of this Agreement, Unbundled Copper Loop – Long (UCL-L) elements will no longer be offered by BellSouth and no new orders for UCL-L will be accepted. Any existing UCL-Ls that were provisioned prior to the Effective Date of this Agreement will be grandfathered at the rates set forth in the Parties’ interconnection agreement that was in effect immediately prior to the Effective Date of this Agreement. Existing UCL-Ls that were provisioned prior to the Effective Date of this Agreement may remain connected, maintained and repaired according to BellSouth’s TR73600 and may remain connected until such time as they are disconnected by Telepak Networks or BellSouth provides ninety

  • Shares Listed on Trading Market The Shares shall have been listed and admitted and authorized for trading on the Trading Market, and satisfactory evidence of such actions shall have been provided to the Manager.

  • Business Combination Marketing Agreement The Company and the Representative have entered into a separate business combination marketing agreement substantially in the form filed as an exhibit to the Registration Statement (the “Business Combination Marketing Agreement”).

  • Open Market Purchases Failure of the Contractor to Perform within the time specified in the Contract, or failure to replace rejected or substandard Goods or fulfill unperformed Services when so requested and as the Contract provides or allows, constitutes a breach of the Contract and as a remedy for such breach, such failure shall constitute authority for DAS, if it deems it to be necessary or appropriate in its sole discretion, to Terminate the Contract and/or to purchase on the open market, Goods or Services to replace those which have been rejected, not delivered, or not Performed. The Client Agency shall invoice the Contractor for all such purchases to the extent that they exceed the costs and expenses in Exhibit B and the Contractor shall pay the Client Agency’s invoice immediately after receiving the invoice. If DAS does not Terminate the Contract, the Client Agency will deduct such open market purchases from the Contract quantities. However, if the Client Agency deems it to be in the best interest of the State, the Client Agency may accept and use the Goods or Services delivered which are substandard in quality, subject to an adjustment in price to be determined by the Client Agency.

  • Clear Market During the period from the date hereof through and including the Closing Date, the Company will not, without the prior written consent of the Representatives, offer, sell, contract to sell or otherwise dispose of any debt securities issued or guaranteed by the Company and having a tenor of more than one year.

  • Trading Cushion The Selling Period for any previous Issuance Notice shall have expired.

  • Trading Market The Common Stock is registered pursuant to Section 12(b) of the Exchange Act and is approved for listing on The Nasdaq Capital Market (“Nasdaq”). As of the Closing Date, the Shares, the Warrant Shares and the Pre-Funded Warrant Shares will have been duly authorized for listing on Nasdaq.

  • Acknowledgment Regarding Purchaser’s Trading Activity Anything in this Agreement or elsewhere herein to the contrary notwithstanding (except for Sections 3.2(f) and 4.14 hereof), it is understood and acknowledged by the Company that: (i) none of the Purchasers has been asked by the Company to agree, nor has any Purchaser agreed, to desist from purchasing or selling, long and/or short, securities of the Company, or “derivative” securities based on securities issued by the Company or to hold the Securities for any specified term; (ii) past or future open market or other transactions by any Purchaser, specifically including, without limitation, Short Sales or “derivative” transactions, before or after the closing of this or future private placement transactions, may negatively impact the market price of the Company’s publicly-traded securities; (iii) any Purchaser, and counter-parties in “derivative” transactions to which any such Purchaser is a party, directly or indirectly, presently may have a “short” position in the Common Stock, and (iv) each Purchaser shall not be deemed to have any affiliation with or control over any arm’s length counter-party in any “derivative” transaction. The Company further understands and acknowledges that (y) one or more Purchasers may engage in hedging activities at various times during the period that the Securities are outstanding, including, without limitation, during the periods that the value of the Warrant Shares deliverable with respect to Securities are being determined, and (z) such hedging activities (if any) could reduce the value of the existing stockholders’ equity interests in the Company at and after the time that the hedging activities are being conducted. The Company acknowledges that such aforementioned hedging activities do not constitute a breach of any of the Transaction Documents.

  • Trading Subject to the terms and conditions of this Agreement, Nationwide shall be appointed to, and agrees to act, as a limited agent of the Company for the sole purpose of receiving instructions from duly authorized parties for the purchase and redemption of Fund shares prior to the close of regular trading each Business Day. A "

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