Trading conduct and Corporate Actions Sample Clauses

Trading conduct and Corporate Actions. 9.1 Trading conduct and market abuse
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Trading conduct and Corporate Actions. 8.8.1 The User gains no ownership rights on the underlying instrument which the Transaction relates pursuant to CFD Contracts. 8.8.2 The User accepts that it must acquaint itself with the relevant rules and legislation for the Exchange on which the underlying instrument is traded when trading and is bound by those rules when trading CFDs with MERJ. 8.8.3 For the purpose of this clause 8.8 “Corporate Action” means an event or action initiated by a company that affects the securities issued by that company, including but not limited to dividends, unbundling’s, takeovers, capital reductions, rights issues, share conversions, scrip dividends and share redemptions.
Sample 1
Trading conduct and Corporate Actions. 8.11.1 Notwithstanding that a Margin CFD Transaction is between Velocity Trade and the Client, the Client gains no ownership rights on the underlying instrument. 8.11.2 The Client accepts that it must acquaint itself with the relevant rules and legislation for the Exchange on which the underlying instrument is traded when trading and are bound by those rules when trading CFDs with Velocity Trade. 8.11.3 Velocity Trade will act reasonably and in good faith, taking into account the nature of a Corporate Action that has occurred, in order to endeavour to preserve the economic value of the relevant Transaction. 8.11.4 If a Corporate Action occurs, Velocity Trade is entitled to – 8.11.4.1 change Velocity Trade prices; 8.11.4.2 change Velocity Trade spreads; 8.11.4.3 change Margin factors; 8.11.4.4 change minimum Transaction Value or maximum Transaction Value in respect Transactions concluded pursuant to this Agreement; 8.11.4.5 suspend the acceptance of or refuse to accept Transactions or instructions for any affected market. 8.11.5 In addition, if a Corporate Action occurs Velocity Trade entitled to do any of the following in relation to a Transaction that is directly or indirectly affected by the Corporate Action and that was in place prior to the relevant Corporate Action – 8.11.5.1 change the opening Velocity Trade price of the trade as determined by the relevant exchange; 8.11.5.2 change the agreed execution price of the order as determined by the relevant exchange; 8.11.5.3 close any open bet/trade and cancel any order; 8.11.5.4 open a new trade or order in the relevant Market; or 8.11.5.5 make an appropriate credit or debit to your Account. 8.11.6 Velocity Trade can exercise the above rights with or without notice depending on the nature of the Corporate Action concerned. If Velocity Trade exercises a right before giving notice, Velocity Trade will inform the affected Clients as soon as reasonably practicable that we have done so. 8.11.7 If a dividend adjustment applies to an equity or index to which a Transaction relates and the Transaction was open at the Close of Business on the last of Velocity Trade's trading days (for that equity or index) prior to the relevant ex-dividend date Velocity Trade will apply a dividend adjustment in accordance with clause 8.11.8 or 8.11.9. 8.11.8 In the case of CFD trades relating to individual equities the dividend adjustment will be applied as follows – 8.11.8.1 Clients holding long individual equity CFD positions wil...
Sample 1

Related to Trading conduct and Corporate Actions

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  • Business Conducted Borrower shall continue in the business currently conducted by it using its best efforts to maintain its customers and goodwill. Borrower shall not engage, directly or indirectly, in any line of business substantially different from the business conducted by it immediately before the Closing Date, or engage in business or lines of business which are not reasonably related thereto.

  • Human and Financial Resources to Implement Safeguards Requirements The Borrower shall make available necessary budgetary and human resources to fully implement the EMP and the RP.

  • Business Conduct Merger Sub was formed on December 3, 2020. Since its inception, Merger Sub has not engaged in any activity, other than such actions in connection with (a) its organization and (b) the preparation, negotiation and execution of this Agreement and the Transactions. Merger Sub has no operations, has not generated any revenues and has no liabilities other than those incurred in connection with the foregoing and in association with the Merger as provided in this Agreement.

  • Student Conduct and Discipline The School shall adopt, update, and adhere to written policies concerning standards of student conduct and discipline which shall comply with federal and State laws and which shall incorporate the requirements of Section

  • Standards of Conduct Whenever the Member is required or permitted to make a decision, take or approve an action, or omit to do any of the foregoing, then the Member shall be entitled to consider only such interests and factors, including its own, as it desires, and shall have no duty or obligation to consider any other interests or factors whatsoever. To the extent that the Member has, at law or in equity, duties (including, without limitation, fiduciary duties) to the Company or other person bound by the terms of this Agreement, the Member acting in accordance with the Agreement shall not be liable to the Company or any such other person for its good faith reliance on the provisions of this Agreement. The provisions of this Agreement, to the extent that they restrict the duties of the Member otherwise existing at law or in equity, replace such other duties to the greatest extent permitted under applicable law.

  • Codes of Conduct Recipient warrants the following:

  • Information Technology Enterprise Architecture Requirements If this Contract involves information technology-related products or services, the Contractor agrees that all such products or services are compatible with any of the technology standards found at xxxxx://xxx.xx.xxx/iot/2394.htm that are applicable, including the assistive technology standard. The State may terminate this Contract for default if the terms of this paragraph are breached.

  • Conduct of Parent From the date of this Agreement until the earlier to occur of the Effective Time and the date of termination of this Agreement in accordance with Article X, except as expressly contemplated by this Agreement, as set forth in Section 7.1 of the Parent Disclosure Letter, as consented to in writing by the Company (such consent not to be unreasonably withheld, conditioned or delayed) or as required by applicable Law, Parent shall, and shall cause each of its Subsidiaries to conduct its business in all material respects in the ordinary course; provided, however, that no action that is specifically permitted by any of clauses (a) through (d) of this Section 7.1 shall be deemed a breach of this sentence. Without limiting the generality of the foregoing, from the date of this Agreement until the earlier to occur of the Effective Time and the date of termination of this Agreement in accordance with Article X, except as expressly contemplated by this Agreement, as set forth in Section 7.1 of the Parent Disclosure Letter, as consented to in writing by the Company (such consent not to be unreasonably withheld, conditioned or delayed) or as required by applicable Law, Parent shall not, nor shall it permit any of its Subsidiaries to: (a) amend the certificate of incorporation or bylaws of Parent in a manner that would have an adverse impact on the value of Parent Stock or that would reasonably be expected to prevent, or impede or delay, the consummation of the Merger or the transactions contemplated hereby (provided, that any amendment to its certificate of incorporation solely to increase the authorized number of shares of any class or series of the capital stock of Parent shall in no way be restricted by the foregoing); (b) adopt or publicly propose a plan of complete or partial liquidation, restructuring, recapitalization or other reorganization; (c) take any action (or omit to take any action) with the knowledge that such action (or omission) would reasonably be expected to result in a requirement to seek the approval by holders of Parent Stock of the transactions contemplated hereby; or (d) agree, resolve or commit to do any of the foregoing.

  • Information True and Correct All information heretofore or hereafter furnished by or on behalf of the Collateral Manager in writing to the Borrower, any Lender, any Agent, the Paying Agent or the Facility Agent in connection with this Agreement or any transaction contemplated hereby is and will be true and complete in all material respects and does not omit to state a material fact necessary to make the statements contained therein not misleading;

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