Margin and Client Money/Assets Clause Samples
The 'Margin and Client Money/Assets' clause governs how a party must handle and safeguard client funds and assets provided as margin in financial transactions. It typically outlines the requirements for segregating client money from the firm's own funds, details the conditions under which margin may be called or released, and may specify the types of assets acceptable as margin. This clause ensures that client assets are protected from misuse or firm insolvency, thereby reducing risk and providing transparency in the management of client funds.
Margin and Client Money/Assets. Following the transfer of a contract in the terms of a Linked LIFFE Contract and the creation of a contract in the terms of a Participating Exchange Contract or prior to the transfer of a contract in the terms of a Linked Participating Exchange Contract and the creation of a contract in the terms of a LIFFE Contract (as the case may be), margin requirements will be determined in accordance with the rules of the Participating Exchange rather than LIFFE Rules. Any money or assets held in any country other than the UK may be subject to the applicable law of that country rather than UK client money and other assets rules, and you should satisfy yourself that this is acceptable to you before instructing us to transact any such business. PROVISIONS RELATING TO OUTWARD TRANSFERS OF LINKED LIFFE CONTRACTS
Margin and Client Money/Assets. Following the transfer of a contract in the terms of a Linked LIFFE Contract and the creation of a contract in the terms of a Participating Exchange Contract or prior to the transfer of a contract in the terms of a Linked Participating Exchange Contract and the creation of a contract in the terms of a LIFFE Contract (as the case may be), margin requirements will be determined in accordance with the rules of the Participating Exchange rather than LIFFE Rules. Any money or assets held in any country other than the UK may be subject to the applicable law of that country rather than UK client money and others assets rules, and the Client should satisfy itself that this is acceptable to the Client before instructing UBS to transact any such business.
Margin and Client Money/Assets. Following the transfer of a Linked LIFFE Contract and the creation of a Participating Exchange Contract or prior to the transfer of a Linked Participating Exchange Contract and the creation of a LIFFE Contract, margin requirements will be determined in accordance with the rules of the Participating Exchange rather than the Rules of LIFFE. Any money or assets held in any country outside the UK may be subject to the applicable law of that country and UK client money and other assets rules may not apply. The Client should satisfy itself that this is acceptable to the Client before instructing Morgan Stanley to transact any such business. Following the transfer of the LIFFE Euroyen contract and the creation of a TIFFE Euroyen contract, margin requirements will be determined in accordance with TIFFE Rules rather than the Rules of LIFFE. Any money or assets held in Japan will be subject to applicable Japanese law rather than English law, and the Client should satisfy itself that this is acceptable to the Client before instructing Morgan Stanley to transact Euroyen business.
Margin and Client Money/Assets. Following the transfer of a contract in the terms of a Linked LIFFE Contract and the creation of a contract in the terms of a Participating Exchange Contract or prior to the transfer of a contract in the terms of a Linked Participating Exchange Contract and the creation of a contract in the terms of a LIFFE Contract (as the case may be), margin requirements will be determined in accordance with the rules of the Participating Exchange rather than LIFFE Rules. Any money or assets held in any country other than the UK may be subject to the applicable law of that country rather than UK client money and other assets rules, and you should satisfy yourself that this is acceptable to you before instructing us to transact any such business. PROVISIONS RELATING TO OUTWARD TRANSFERS OF LINKED LIFFE CONTRACTS
3.4 Rules of LIFFE All contracts in the terms of a Linked LIFFE Contract made on LIFFE shall be subject to the Rules of LIFFE as from time to time in force.
Margin and Client Money/Assets. Following the transfer of a contract in the terms of a Linked LIFFE Contract and the creation of a contract in the terms of a Participating Exchange Contract or prior to the transfer of a contract in the terms of a Linked Participating Exchange Contract and the creation of a contract in the terms of a LIFFE Contract (as the case may be), margin requirements will be determined in accordance with the rules of the Participating Exchange rather than LIFFE Rules. Any money or assets held in any country other than the UK may be subject to the applicable law of that country rather than UK client money and other asset rules, and the Customer should satisfy itself that this is acceptable to it before instructing SLKGM to transact any such business.
(e) PROVISIONS APPLICABLE UPON A DELAYED TRANSFER OR IN THE EVENT OF IMPOSSIBILITY OF TRANSFER In the event of any delayed transfer or impossibility of transfer of a Linked LIFFE Contract or a Linked Participating Exchange Contract under the terms of paragraphs 2.1(c) or (d) or 2.2(b) or (c), SLKGM shall inform the Customer as soon as reasonably practicable in the circumstances of such event in which case the Customer may be required to pay SLKGM on demand in relation to such Linked LIFFE Contract such sums by way of deposit or margin as SLKGM shall require in accordance with Clause 17 of this Agreement.