Common use of NO RIGHTS TO THE UNDERLYING INSTRUMENT Clause in Contracts

NO RIGHTS TO THE UNDERLYING INSTRUMENT. 4.1. CFDs and Spread-bets do not provide any right to the underlying instruments, or in the case of CFDs referenced to shares, to voting rights. 4.2. You are trading with CFDs, which means that you enter into a contract with us for the difference between the value of an instrument as specified on the Trading Platform at the time of opening a transaction, and the value of such instrument at the time of closing the transaction. You are not entitled to ownership of the underlying asset of such a contract e.g. the actual Shares or the Rights offered in a Rights Issue event or the Shares offered in an Options contract. There is no delivery of the underlying asset.

Appears in 2 contracts

Samples: Risk Disclosure Notice, Risk Disclosure Notice

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NO RIGHTS TO THE UNDERLYING INSTRUMENT. 4.15.1. CFDs and Spread-bets do not provide any right to the underlying instruments, or in the case of CFDs referenced to shares, to voting rights. 4.25.2. You are trading with CFDs, which means that you enter into a contract with us for the difference between the value of an instrument as specified on the Trading Platform at the time of opening a transaction, and the value of such instrument at the time of closing the transaction. You are not entitled to ownership of the underlying asset of such a contract e.g. the actual Shares or the Rights offered in a Rights Issue event or the Shares offered in an Options contract. There is no delivery of the underlying asset.

Appears in 2 contracts

Samples: Risk Disclosure Notice, Risk Disclosure Notice

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