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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.
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...
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.
DERIVATIVE TRADINGThis 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.

Related to DERIVATIVE TRADING

  • Derivative Transactions (a) All Derivative Transactions entered into by Company or any of its Subsidiaries or for the account of any of its customers were entered into in accordance with applicable laws, rules, regulations and regulatory policies of any Governmental Authority, and in accordance with the investment, securities, commodities, risk management and other policies, practices and procedures employed by Company or any of its Subsidiaries, and were entered into with counterparties believed at the time to be financially responsible and able to understand (either alone or in consultation with its advisers) and to bear the risks of such Derivative Transactions. Company and each of its Subsidiaries have duly performed all of their obligations under the Derivative Transactions to the extent that such obligations to perform have accrued, and, to the Knowledge of Company, there are no breaches, violations or defaults or allegations or assertions of such by any party thereunder. (b) Except as set forth in Company Disclosure Schedule 3.21, no Derivative Transaction, were it to be a Loan held by Company, would be classified as “Special Mention,” “Substandard,” “Doubtful,” “Loss,” “Classified,” “Criticized,” “Credit Risk Assets,” “Concerned Loans,” “Watch List” or words of similar import. Each such Derivative Transaction is listed on Company Disclosure Schedule 3.21, and the financial position of Company under or with respect to each has been reflected in the books and records of Company in accordance with GAAP consistently applied and no open exposure of Company with respect to any such instrument (or with respect to multiple instruments with respect to any single counterparty) exceeds $25,000.

  • Alternative Transaction In the event that, in lieu of the Arrangement, the Purchaser seeks to complete the acquisition of the Company Shares other than as contemplated by the Arrangement Agreement on a basis that (a) provides for economic terms which, in relation to the Shareholder, on an after-tax basis, are at least equivalent to or better than those contemplated by the Arrangement Agreement taking into account the Intended Tax Treatment, (b) would not likely result in a delay or time to completion beyond the Voting Support Outside Date, and (c) is otherwise on terms and conditions not materially more onerous on the Shareholder than the Arrangement (including any take-over bid) any such transaction, an “Alternative Transaction”), then during the term of this Agreement the Shareholder may, on its own accord, and shall, upon written request of the Purchaser, support the completion of such Alternative Transaction in the same manner as the Arrangement in accordance with the terms and conditions of this Agreement mutatis mutandis, including by (A) depositing or causing the deposit of its Subject Shares (including any Company Shares issued or issuable upon the exercise, conversion or vesting, as applicable, of any Company Options, Company Compensation Options or Company RSUs) into an Alternative Transaction conducted by way of a take-over bid made by the Purchaser or an affiliate of Purchaser and not withdrawing them; and/or (B) voting or causing to be voted all of the Subject Shares (to the extent that they carry the right to vote) in favour of, and not dissenting from, such Alternative Transaction proposed by the Purchaser, provided however that the Shareholder shall not be required to exercise, convert or exchange any Subject Shares (other than Company Shares) in connection with an Alternative Transaction.

  • Alternative Transactions (a) Except as otherwise permitted by this Section 6.02, from the date of this Agreement until the Effective Time, the Company shall not, and shall not permit any of the Company Subsidiaries, or any director, officer or employee of the Company or any Company Subsidiary or any investment banker, attorney or other advisor or representative retained by it or any of the Company Subsidiaries to, directly or indirectly, (i) initiate, solicit, propose or knowingly encourage (including by providing information), or take any other action to knowingly facilitate, any Alternative Transaction Proposal, or any inquiries or the making of any proposal or offer that constitutes or could reasonably be expected to lead to an Alternative Transaction Proposal, (ii) engage in, continue or otherwise participate in any discussions or negotiations regarding, or furnish or provide access to any Person any information or data concerning the Company or any Company Subsidiary with respect to, any Alternative Transaction Proposal (except to disclose the existence of the provisions of this Section 6.02) or any proposal or offer that could reasonably be expected to lead to an Alternative Transaction Proposal, (iii) grant any waiver, amendment or release under any standstill or confidentiality agreement or Takeover Statutes, (iv) approve, endorse, recommend, or execute or enter into any letter of intent, agreement in principle, merger agreement, acquisition agreement or other similar agreement relating to an Alternative Transaction Proposal, or that contradicts this Agreement or requires the Company to abandon this Agreement; or (v) resolve, propose, commit or agree to do any of the foregoing. The Company shall, and shall cause each of the Company Subsidiaries to, immediately cease any existing solicitations, discussions or negotiations with any Person (other than the parties hereto) that has made or indicated an intention to make an Alternative Transaction Proposal. The Company shall promptly inform the Company Representatives of the Company’s obligations under this Section 6.02. The Company shall immediately terminate electronic access to the Company’s electronic datasite located on wxx.xxxxxxxxxx.xxx for each Person other than Parent and its Representatives.

  • Derivative Instruments Any and all material swaps, caps, floors, futures, forward contracts, option agreements (other than options issued under the Company’s shareholder-approved benefit plans) and other derivative financial instruments, contracts or arrangements, whether entered into for the account of the Company or one of its Subsidiaries or for the account of a customer of the Company or one of its Subsidiaries, were entered into in the ordinary course of business and in accordance with applicable laws, rules, regulations and policies of all applicable regulatory agencies and with counterparties believed by the Company to be financially responsible. The Company and each of its Subsidiaries have duly performed in all material respects all of their obligations thereunder to the extent that such obligations to perform have accrued, and there are no breaches, violations or defaults or allegations or assertions of such by any party thereunder except as would not, singly or in the aggregate, reasonably be expected to have a Material Adverse Effect.

  • Derivative Actions In addition to the requirements set forth in Section 3816 of the Delaware Act, a Shareholder may bring a derivative action on behalf of the Trust only if the following conditions are met: (a) The Shareholder or Shareholders must make a pre-suit demand upon the Trustees to bring the subject action unless an effort to cause the Trustees to bring such an action is not likely to succeed. For purposes of this Section 8.9(a), a demand on the Trustees shall only be deemed not likely to succeed and therefore excused if a majority of the Board of Trustees, or a majority of any committee established to consider the merits of such action, is composed of Trustees who are not “independent trustees” (as that term is defined in the Delaware Act); (b) Unless a demand is not required under paragraph (a) of this Section 8.9, Shareholders eligible to bring such derivative action under the Delaware Act who collectively hold Shares representing ten percent (10%) or more of the total combined net asset value of all Shares issued and outstanding or of the Series or Classes to which such action relates if it does not relate to all Series and Classes, shall join in the request for the Trustees to commence such action; and (c) Unless a demand is not required under paragraph (a) of this Section 8.9, the Trustees must be afforded a reasonable amount of time to consider such Shareholder request and to investigate the basis of such claim. The Trustees shall be entitled to retain counsel or other advisors in considering the merits of the request and shall require an undertaking by the Shareholders making such request to reimburse the Trust for the expense of any such advisors in the event that the Trustees determine not to bring such action. (d) For purposes of this Section 8.9, the Board of Trustees may designate a committee of one Trustee to consider a Shareholder demand if necessary to create a committee with a majority of Trustees who are “independent trustees” (as that term is defined in the Delaware Act). The Trustees shall be entitled to retain counsel or other advisors in considering the merits of the request and may require an undertaking by the Shareholders making such request to reimburse the Trust for the expense of any such advisors in the event that the Trustees determine not to bring such action.

  • Speculative Transactions Engage, or permit any of its Subsidiaries to engage, in any transaction involving commodity options or futures contracts or any similar speculative transactions.

  • Derivatives Where a term is defined herein, a capitalized derivative of such term shall have a corresponding meaning unless the context otherwise requires.

  • No Speculative Transactions No Credit Party shall engage in any transaction involving commodity options, futures contracts or similar transactions, except solely to hedge against fluctuations in the prices of commodities owned or purchased by it and the values of foreign currencies receivable or payable by it and interest swaps, caps or collars.

  • Preservative-treated Wood Containing Arsenic Grantee may not purchase preservative-treated wood products containing arsenic in the performance of this Agreement unless an exemption from the requirements of Chapter 13 of the San Francisco Environment Code is obtained from the Department of the Environment under Section 1304 of the Code. The term “preservative-treated wood containing arsenic” shall mean wood treated with a preservative that contains arsenic, elemental arsenic, or an arsenic copper combination, including, but not limited to, chromated copper arsenate preservative, ammoniacal copper zinc arsenate preservative, or ammoniacal copper arsenate preservative. Grantee may purchase preservative-treated wood products on the list of environmentally preferable alternatives prepared and adopted by the Department of the Environment. This provision does not preclude Grantee from purchasing preservative-treated wood containing arsenic for saltwater immersion. The term “saltwater immersion” shall mean a pressure-treated wood that is used for construction purposes or facilities that are partially or totally immersed in saltwater.

  • Acquisition Proposal “Acquisition Proposal” shall mean any offer or proposal (other than an offer or proposal made or submitted by Parent) contemplating or otherwise relating to any Acquisition Transaction.