Short (Sell. Position: for CFD trading shall mean a sell position that appreciates in value if underlying market prices fall. For example, in respect of Currency Pairs: selling the Base Currency against the Quote Currency. Short Position is the opposite of a Long Position.
Short (Sell. The Client acknowledges the fact that NECHK requires that stock certificate of securities or the equivalent be deposited into the Client’s Account prior to the acceptance of a sell order. Upon placing of sale orders of securities which are not owned by the Client at the time of the sale (i.e. short selling), the Client hereby undertakes to: (a) make full and xxxxx disclosure of such order(s) to NECHK; (b) provide (without demand by NECHK) all documentary evidence in substantiation of the legality of the short selling under the SFO or other laws, rules and regulations of Hong Kong and of the Exchange; (c) authorize NECHK to arrange a buy-in of the relevant securities at the prevailing market price for the Client’s Account that the Client accidentally sold short; (d) indemnify NECHK against all damage, loss, lawsuits, cost and expenses which may be sustained or incurred by NECHK as a result of the execution of the shorting selling order(s). In addition, the Client undertakes that: (a) prior to placing a short sell order, the Client will have entered into an effective securities borrowing arrangement or other form of cover acceptable to NECHK which will ensure that the securities in question will be delivered on the designated settlement date; and (b) prior to the execution of such an order, the Client will provide NECHK such documentary assurance that any such order is covered as NECHK shall specify.
Short (Sell. Suntek currently does not accept any nature of Short Sale Order.
Short (Sell. 4.1 The Client acknowledges that applicable laws and regulations may prohibit the Client to give SINO any order to sell securities which is a short selling order to be executed at or through the Hong Kong Stock Exchange unless SINO has received from the Client, or any other person for whose benefit or on whose behalf the order is made, certain required assurance and SINO shall be obliged to collect from the Client, or such other person, such information (if any), in the form of a document and within such time, as is prescribed by relevant rules made under the SFO.
