Trading of CBBC close to Call Price. 6.1.1.7.1 When the underlying asset is trading close to the Call Price, the price of a CBBC may be more volatile with wider spreads and uncertain liquidity. CBBC may be called at any time and trading will terminate as a result. 6.1.1.7.2 However, the trade inputted by the investor may still be executed and confirmed by the investors after the MCE since there may be some time lapse between the MCE time and suspension of the CBBC trading. Any trades executed after the MCE will not be recognized and cancelled.
Appears in 8 contracts
Samples: Securities Account Agreement, Securities Account Agreement, Client Securities Account Agreement
