Shares CFD. Expiration CFDs whose Underlying Assets are Shares are traded in conjunction with the times in which the underlying share is traded. Without derogating the provisions of the Agreement, Share CFD Transactions may be terminated by the Company upon the occurrence of such events as: Corporate Actions, Suspension, Trading Termination, Insolvency. In such event, the settlement price shall be the last traded price at or prior to the time of termination.
25.16.1 Corporate Actions
i) If a corporate action materializes, the Client accepts that the Company reserves the right to make appropriate adjustments to the value and/or size of a transaction and/or number of any related transactions; any such adjustment aims in preserving the economic equivalent of the rights and obligations of both the Client and the Firm immediately prior to a corporate action. It should be noted that these adjustments are conclusive and binding upon the Client; the Client will be informed accordingly by the Company as soon as reasonably practicable.
ii) The Client accepts that if he/she has any open positions that are affected by the corporate action, on the ex-dividend day the Company reserves the right to close such positions at the last price of the previous trading day and open the equivalent position at the first available price on the ex-dividend day; under the above mentioned circumstances, the Company shall inform the Client accordingly, through the internal e-mailing system, no later than the closing of the trading session prior to the ex-dividend day.
iii) The Company bears no responsibility for notifying the Client regarding announcement of corporate actions.
iv) A client holding a long position on the ex-dividend date will receive the applicable dividend, in the form of a cash adjustment, deposited to the relevant account. A Client holding a short position on the ex-dividend date will be charged the applicable dividend, debited from the relevant trading’s account free equity. In the event a Client maintains a short position on the ex-dividend date and has insufficient free equity in their trading account to cover the reverse cash adjustment, the Company reserves the right to close the open position. Under such circumstances, the reverse cash adjustment shall be deduced from the trading account’s balance.
v) The Client accepts the Company retains no requirements to notify a Client in the event a trading account maintains insufficient free equity to cover a reverse cash adjustment ...
Shares CFD. Expiration CFDs whose Underlying Assets are Shares are traded in conjunction with the times in which the underlying share is traded. Without derogating the provisions of the Agreement, Share CFD Transactions may be terminated by the Company upon the occurrence of such events as: Corporate Actions, Suspension, Trading Termination, Insolvency. In such event, the settlement price shall be the last traded price at or prior to the time of termination.
Shares CFD. Expiration CFDs whose Underlying Assets are Shares are traded in conjunction with the times in which the underlying share is Akcje CFD - Wygaśnięcie CFD, których Instrumentami Bazowymi są akcje, są dostępne do handlu w czasie, gdy dana akcja bazowa jest notowana na Terms and Conditions of Use – Clients’ Agreement Warunki Handlowe- Umowa Klienta traded. Without derogating the provisions of the Agreement, Share CFD Transactions may be terminated by the Company upon the occurrence of such events as: Corporate Actions, Suspension, Trading Termination, Insolvency. In such event, the settlement price shall be the last traded price at or prior to the time of termination. giełdzie. Bez ograniczania postanowień niniejszej Umowy, transakcje dotyczące akcji CFD mogą zostać zamknięte przez Spółkę w przypadku wystąpienia takich zdarzeń jak: Działania Korporacyjne, Zawieszenie, Wypowiedzenie Handlu, Niewypłacalność. W takim przypadku cena rozliczeniowa jest notowana po ostatniej dostępnej cenie rynkowej w momencie lub przed czasem zakończenia.
Shares CFD. Expiration
