Common use of Emergency Situation Arrangement Clause in Contracts

Emergency Situation Arrangement. The EP may have the right to cancel the client’s orders in case of contingency such as hoisting of Typhoon Signal No 8 in Hong Kong. If SSE or SZSE is suspended due to inclement weather, there will be no Northbound trading in the relevant market and Hong Kong investors and CCEPs will be informed by SEHK. The EP may not be able to send in the client’s order cancellation requests in case of contingency such as when SEHK loses all its communication lines with SSE, etc. and the client should still bear the settlement obligations if the orders are matched and executed;