Position Limits. 2.1 The Position Limits and LOPR Rules say that you may not hold or control futures contracts or stock options contracts in excess of the prescribed limit. Upon prior authorization obtained pursuant to the rules, a person may be authorized to hold or control futures contracts or stock option contracts in excess of the prescribed limit. Please refer to the Position Limits and LOPR Rules and the Guidance Notes for more details and respective requirements. 2.2 The prescribed limit for each futures or stock options contract traded on the Hong Kong Stock Exchange is set out in the Schedules to the Position Limits and LOPR Rules. 2.3 In addition to any powers and sanctions imposed by the Position Limits and LOPR Rules, Hong Kong Stock Exchange may require an exchange participant to immediately reduce a position below the prescribed limits pursuant to its own rules. You will need to comply with such request accordingly. Please refer to part B below for further details.
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Samples: Global Agency Clearing Agreement, Global Principal Clearing Agreement, Prime Brokerage Agreement, 2011 Foa Professional Client Agreement, 2018 Fia Terms of Business, Etd Agreement, Global Agency Clearing Agreement, Global Principal Clearing Agreement, Prime Brokerage Agreement, 2011 Foa Professional Client Agreement, 2018 Fia Terms of Business, Etd Agreement, Global Agency Clearing Agreement, Global Principal Clearing Agreement, Prime Brokerage Agreement, 2011 Foa Professional Client Agreement, 2018 Fia Terms of Business, Etd Agreement
