Common use of Nature of CFDs; no Voting or Other Rights in Underlying Product Clause in Contracts

Nature of CFDs; no Voting or Other Rights in Underlying Product. CFDs are contracts with IBIE as your counterparty, and are not traded on a regulated exchange and are not cleared or settled on a central clearing house. A CFD is to secure a profit or avoid a loss by reference to fluctuations in the price of the underlying product (e.g. shares, foreign currencies, etc.), rather than by taking delivery of any underlying product. With respect to CFDs in shares, no CFD transaction shall confer on you any right, voting right, title or interest in any underlying product or entitle or oblige you to acquire, receive, hold, vote, deliver, dispose of or participate directly in any corporate action of any underlying product.

Appears in 6 contracts

Samples: Customer Agreement, Customer Agreement, Customer Agreement

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Nature of CFDs; no Voting or Other Rights in Underlying Product. CFDs are contracts with IBIE IBLUX as your counterparty, and are not traded on a regulated exchange and are not cleared or settled on a central clearing house. A CFD is to secure a profit or avoid a loss by reference to fluctuations in the price of the underlying product (e.g. shares, foreign currencies, etc.), rather than by taking delivery of any underlying product. With respect to CFDs in shares, no CFD transaction shall confer on you any right, voting right, title or interest in any underlying product or entitle or oblige you to acquire, receive, hold, vote, deliver, dispose of or participate directly in any corporate action of any underlying product.

Appears in 2 contracts

Samples: Customer Agreement, Customer Agreement

Nature of CFDs; no Voting or Other Rights in Underlying Product. CFDs are contracts with IBIE IBUK as your counterparty, and are not traded on a regulated exchange and are not cleared or settled on a central clearing house. A CFD is to secure a profit or avoid a loss by reference to fluctuations in the price of the underlying product (e.g. shares, foreign currencies, etc.), rather than by taking delivery of any underlying product. With respect to CFDs in shares, no CFD transaction shall confer on you any right, voting right, title or interest in any underlying product or entitle or oblige you to acquire, receive, hold, vote, deliver, dispose of or participate directly in any corporate action of any underlying product.

Appears in 1 contract

Samples: Client Agreement for Products

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Nature of CFDs; no Voting or Other Rights in Underlying Product. CFDs are contracts with IBIE IB UK as your counterparty, and are not traded on a regulated exchange and are not cleared or settled on a central clearing houseclearinghouse. A CFD is to secure a profit or avoid a loss by reference to fluctuations in the price of the underlying product (e.g. shares, foreign currencies, etc.)Underlying Product, rather than by taking delivery of any underlying productUnderlying Product. With respect to CFDs in shares, no No CFD transaction shall confer on you any right, voting right, title or interest in any underlying product Underlying Product or entitle or oblige you to acquire, receive, hold, vote, deliver, dispose of or participate directly in any corporate action of any underlying productUnderlying Product.

Appears in 1 contract

Samples: Client Agreement

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