OTC Derivatives. In connection with interbank foreign exchange transactions and other over-the-counter derivative transactions (“OTC Derivatives”) which the undersigned is transacting or which the undersigned may hereinafter transact through you, the undersigned acknowledges and confirms that:
OTC Derivatives. OTC Derivatives include OTC Swaps (Bi-lateral or centrally cleared) and OTC Options. Each trade capture for contract creation, amendment, novation or termination will be treated as a separate transaction for billing purposes.
OTC Derivatives. 3.1. Positions opened with AvaTrade are not traded on any exchange. The prices and other conditions are set by AvaTrade, subject to any obligations we have to provide best execution, to act reasonably and in accordance with the customer agreement and our order execution policy. Each OTC trade that you open through the Trading Platform results in you entering into a contract with AvaTrade; these contracts can only be closed with AvaTrade and are not transferrable to any other person or entity. There is no central clearing and no guarantee by any other party of AvaTrade’s payment obligations to the Customer, thus Customer is exposed to credit risk with AvaTrade.
OTC Derivatives. Positions opened with VladoBrokers are not traded on any exchange. The prices and other conditions are set by VladoBrokers, subject to any obligations we have to provide best execution,to act reasonably and in accordance with the customer agreement and our order execution policy. Each OTC trade that you open through the Trading Platform results in you entering into a contract with VladoBrokers; these contracts can only be closed with VladoBrokers and are not transferrable to any other person or entity. There is no central clearing and no guarantee by any other party of VladoBrokers’s payment obligations to the Customer, thus Customer is exposedto credit risk with VladoBrokers.
OTC Derivatives. Foreign Exchange or CFDs Regularly Occasionally Rarely Never
OTC Derivatives. The Custodian shall, in connection with OTC derivative contracts (“OTC Contracts”) hold and segregate for the account of a Fund, on behalf of its applicable Portfolios, such documentation evidencing or relating to the OTC Contracts that may be provided to the Custodian from time to time by or on behalf of the Fund for safekeeping under this Section 2.15A and shall note on the custodial records for the Fund that such documents are held. The Custodian shall maintain records of all receipts, deliveries and locations of such OTC Contracts, together with a current inventory thereof. Upon receipt of Proper Instructions, the Custodian shall promptly deliver to a Fund on behalf of the applicable Portfolio, or its designee, any such documentation being held on behalf of such Portfolio. The Custodian shall provide the Funds with notice of any information it receives in its capacity as custodian regarding the OTC Contracts which information expressly and clearly identifies the Fund’s interest in the applicable OTC Contract. The Custodian shall receive such cash or collateral as may be delivered by the Fund’s counterparty on the OTC Contract from time to time. In the event that any such delivery that the Custodian is instructed to receive is not received in a timely manner, the Custodian shall notify the Fund of the failure to receive.
OTC Derivatives. ABN AMRO is prepared, until further notice, to enter into OTC-derivatives with the Borrower (hereinafter also referred to as “the Client”). However, ABN AMRO is not obliged to enter into such transactions with the Client. ABN AMRO will assess each transaction separately. - The above-mentioned security and/or covenants also serve as security for the fulfilment of the obligations arising from derivatives transactions. - The General Provisions governing Derivatives Transactions May 2001 (“Algemene Bepalingen Derivatentransacties mei 2001”) and the Treasury Services Conditions of ABN AMRO (“Voorwaarden Treasurydienstverlening ABN AMRO”) will apply to all derivatives transactions between the Client and ABN AMRO insofar no other conditions have been agreed upon. ABN AMRO effects OTC derivatives transactions pursuant to the Treasury Services Order Execution Policy of ABN AMRO (“Orderuitvoeringsbeleid Treasurydienstverlening ABN AMRO”). By signing this Credit Agreement, the Client grants permission to ABN AMRO to execute orders pursuant to said policy. By signing this Credit Agreement, the Client declares that he has received a copy of the brochure Information Treasury Services of ABN AMRO (“brochure Informatie Treasurydienstverlening ABN AMRO”) and is fully aware of the contents thereof. Said brochure contains the General Provisions governing Derivatives Transactions May 2001 (“Algemene Bepalingen Derivatentransacties mei 2001”) and the Treasury Services Conditions of ABN AMRO (“Voorwaarden Treasurydienstverlening ABN AMRO”), as well as the Information Sheet Treasury Services of ABN AMRO (“Informatieblad Treasurydienstverlening ABN AMRO”), which contains a general description of the nature and risks of Over-The-Counter (OTC) derivatives. - In addition to article 8 of the General Provisions governing Derivatives Transactions May 2001 (“Algemene Bepalingen Derivatentransacties mei 2001”), ABN AMRO may terminate one or more transactions immediately in full or in part, without any warning or notice of default being required, and all debts owed by the Client on account of the transactions, whether or not payable, contingent or absolute, shall be payable to ABN AMRO forthwith and in full if and as soon as:
OTC Derivatives. Positions opened with Friedberg Direct are not traded on any exchange. The prices and other conditions are set by Friedberg Direct, subject to any obligations we have to provide best execution, to act reasonably and in accordance with the customer agreement and our order execution policy. Each OTC trade that you open through the Trading Platform results in you entering into a contract with Friedberg Direct; these contracts can only be closed with Friedberg Direct and are not transferrable to any other person or entity. There is no central clearing and no guarantee by any other party of Friedberg Direct’s payment obligations to the Customer, thus Customer is exposed to credit risk with Friedberg Direct.
