Transfer of Open Position. SFP shall be entitled to transfer any open position in respect of any Exchange Transaction, along with all margin, collateral and security provided by the Exchange Member Customer or received by SFP in connection with that Exchange Transaction, to another clearing member of the relevant clearing house as SFP may in its sole and absolute discretion deem necessary, desirable or expedient, whether for clearing through the relevant clearing house or other purpose (including but not limited to where such transfer is contemplated in the rules of the relevant exchange or clearing house or is required or directed by the relevant exchange or clearing house).
Transfer of Open Position uSMART SG shall be entitled to transfer any open position in respect of any Exchange Transaction, along with all Clearing Margin, collateral and security provided by the Client or received by uSMART SG in connection with that Exchange Transaction, to another clearing member of the relevant clearing house as uSMART SG may in its sole and absolute discretion deem necessary, desirable or expedient,
Transfer of Open Position. 9.1 UOB shall be entitled to transfer any open position in respect of any Exchange Transaction, along with all margin, collateral and security provided by the Customer or received by UOB in connection with that Exchange Transaction, to another clearing member of the relevant clearing house as UOB may in its sole and absolute discretion deem necessary, desirable or expedient, whether for clearing through the relevant clearing house or other purpose (including but not limited to where such transfer is contemplated in the rules of the relevant exchange or clearing house or is required or directed by the relevant exchange or clearing house).
