Underlying commodity Sample Clauses
The 'Underlying commodity' clause defines the specific commodity that forms the basis of a contract or financial instrument. It typically identifies the type, grade, and specifications of the commodity involved, such as crude oil, gold, or wheat, and may reference industry standards or delivery locations. By clearly establishing what commodity is being traded or referenced, this clause ensures both parties have a mutual understanding, thereby reducing the risk of disputes and ensuring the contract is enforceable and precise.
Underlying commodity method of delivery or settlement; contract size; calculation of settlement prices.
Underlying commodity. Method of delivery or settlement; contract size; calculation of settlement prices.
(c) Exercise procedure:- American or European style exercise;
(d) Premium:- Calculation of contract value; settlement of premium.
(e) Margin:- Approximate client margin requirements; variation adjustment payments; collateral that may be lodged as margin; payment details.
(f) Transaction costs:- Minimum Commissions; Exchange and Clearing House Fees; Exercise Fees; and applicable levies.
(g) (Exchange Participant Representative) Registered Trader Obligations:- (Exchange Participant Representative) Registered Trader shall have no obligation to provide firm bids and offers with respect to Long- date Options. U期權資料聲明 本項期權資料聲明是客戶協議的一部份，在經紀為客戶開設戶口時，提供給客戶，作為參考清單，列出所有交易細節，客戶在發出期權買賣盤前必須知道明瞭。
(a) 合約資料 : 行使價、到期日、基礎商品、期權種類、買賣盤、開倉或平倉、現行報價及盤類。
(b) 基礎商品 : 交收方法或現金結算程序、合約銀碼、結算價的計算。 (c) 行使程序 : 美國或歐洲式。
(d) 期權金 : 合約價值的計算、期權金的支付。
(e) 保證金 : 大約要求的客戶保證金，價格變動保證金的支付、可作為保證金的抵押品、保證金的支付。 (f) 交易費用 : 最低佣金、交易所費用、行使費用及其他適用徵費。 (g) (參與者代表)註冊交易員責任 : (參與者代表)註冊交易員將無責任對於長期期權提供入價及出價。 DISCLAIMER delivery pursuant to Relevant Provision of the Regulations for the Hang Seng Index Futures Market, the Hang Seng Sub-Index Futures Marker, “The Hang Seng Index and each of the four Sub-Indices of the Hang Seng Index (namely Hang Seng Finance Sub-Index, Hang Seng utilities sub-Index, Hang Seng Properties Sub-Index and Hang Seng Commerce & Industry Sub-Index (collectively “the Hang Seng Sub-Index”)), their respective marks, names and processes of compilation and computation are the exclusive property of and proprietary to Hang Seng Data Service Limited and are published, compiled and computed by HSI Services Limited. HIS Services Limited has granted to the Exchange by way of license the use of the Hang Seng Index and the Hang Seng Sub-Indices solely for the purpose of and in connection with the creation, marking and trading of futures and index option Contracts based on the Hang Seng Index and the Hang Seng Sub-Indices (collectively “the Futures and Index Option Contracts”). The process and basis of compilation and computation of Hang Seng Index and each of the Hang Seng Sub-Indices and any of the related formula and formulae, constituent stocks and factors may at any time be changed or altered by HIS Services Limited without notices and the Exchange may at any time require that trading in and settlement of such of the Futures Contracts and Index Option as the Exchange may designate be conducted by reference to an alternative ...