Stock Lending Activity Sample Clauses

Stock Lending Activity i . This provision shall only apply in the event AM UK permits an Invest.MT5 account to be margined. Customer consents to any third party broker, AM AS and its Affiliates undertaking, or otherwise engaging in, stock lending activity and the lending of Customer collateral, securities or other property (including, but not limited to, safe custody investments) including, but not limited to, using Customer collateral, securities or other property for their own accounts or for the accounts of other Customers, and lending, either to themselves, to their Affiliates, or to others, any Customer collateral, securities and other property held by AM AS in Customer`s accounts. Pursuant to Applicable Regulations, AM AS or its Affiliates may, from time to time and without notice to Customer, deposit all collateral, securities and/or other Customer property with third parties and may pledge, re-pledge, hypothecate or re- hypothecate, all Customer collateral, securities and/or other Customer property, either separately or together with other securities and/or other property of other Customers of AM UK, AM AS or their Affiliates, for any amount due to IB UK, AM AS, their Affiliates or other persons, in any AM UK account in which Customer has an interest. AM AS or its Affiliates, may so pledge, re-pledge, hypothecate or re– hypothecate Customer collateral, securities and/or other property without retaining in AM AS`s or its Affiliate`s possession or under its control for delivery a like amount of similar collateral, securities and/or other property and AM AS or its Affiliates may return to Customer collateral, securities and/or other property other than the original, or original type of, collateral, securities and/or property that Customer deposited with AM AS. Collateral that is registered with a third party may not be in Customer`s name.
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Related to Stock Lending Activity

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