Stock and Money Settlement Arrangement Sample Clauses

Stock and Money Settlement Arrangement. For SSE and SZSE shares trading, stock settlement will be conducted on T-day, while money (including the transaction amount as well as the related fees and levies) will settle on T+1 day. The Customer should ensure you have sufficient RMB in your account for settlement.
AutoNDA by SimpleDocs
Stock and Money Settlement Arrangement. 股票及款項交收安排
Stock and Money Settlement Arrangement. For SSE shares trading, stock settlement will be conducted on T-day, while money (including the transaction amount as well as the r elated fees and levies) will settle on T+1 day. You should ensure you have sufficient RMB in your account for settlement. The Company shall have the right to cancel your orders without prior notice in case of contingency such as hoisting of Typhoon Signal No.8. Purchases of SSE securities through China Connect are subject to certain daily quota controls. As a result, there is no assurance that a buy order can be successfully placed through China Connect. China Connect allows trading only on the days when both Hong Kong and Shanghai markets are open for trading, and banking services are available in both markets on the corresponding settlement days. You should also note that A shares trading will follow the SSE’s trading hours.

Related to Stock and Money Settlement Arrangement

  • PAYMENT ARRANGEMENTS 4.1 A pre-financing payment shall be made to the participant no later than (whichever comes first): 30 calendar days after the signature of the agreement by both parties the start date of the mobility period [optional: or upon receipt of confirmation of arrival by the beneficiary] representing [between 70% and 100%] of the amount specified in Article 3. In case the participant did not provide the supporting documents in time, according to the sending institution's timeline, a later payment of the pre-financing can be exceptionally accepted. 4.2 If the payment under article 4.1 is lower than 100% of the financial support, the submission of the online EU survey shall be considered as the participant's request for payment of the balance of the financial support. The institution shall have 45 calendar days to make the balance payment or to issue a recovery order in case a reimbursement is due.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!