Your Securities Standing Authority. Your Securities standing authority is in respect of the treatment of your Securities or Securities Collateral in your Account(s). Upon entering into your Securities standing authority, you authorize us to: (a) deposit any Securities Collateral with Hong Kong Securities Clearing Company Limited (HKSCC) as collateral for the discharge and satisfaction of the settlement obligations and liabilities in relation to the Options Contracts executed by us for you through Exchange; and (b) apply or deposit any Securities or Securities Collateral in accordance with (a) above if we provide financial accommodation to you in the course of dealing in securities and also provides financial accommodation to you in the course of any other regulated activity for which we are licensed.
Appears in 2 contracts
Samples: Customer Agreement, Customer Agreement
Your Securities Standing Authority. Your Securities standing authority is in respect of the treatment of your Securities or Securities Collateral in your Account(s). Upon entering into your Securities standing authority, you authorize us to:
(a) deposit any Securities Collateral with Hong Kong Securities Clearing Company Limited (HKSCC) as collateral for the discharge and satisfaction of the settlement obligations and liabilities in relation to the Options Contracts executed by us for you through Exchange; and
(b) apply or deposit any Securities or Securities Collateral in accordance with (a) above if we provide financial accommodation to you in the course of dealing in securities and also provides financial accommodation to you in the course of any other regulated activity for which we are licensed.. - 53 - ESD-001-E/07
Appears in 1 contract
Samples: Customer Agreement
Your Securities Standing Authority. Your Securities standing authority is in respect of the treatment of your Securities or Securities Collateral in your Account(s). Upon entering into your Securities standing authority, you authorize us to:
(a) deposit any Securities Collateral with Hong Kong Securities Clearing Company Limited (HKSCC) as collateral for the discharge and satisfaction of the settlement obligations and liabilities in relation to the Options Contracts executed by us for you through Exchange; and
(b) apply or deposit any Securities or Securities Collateral in accordance with (a) above if we provide financial accommodation to you in the course of dealing in securities and also provides financial accommodation to you in the course of any other regulated activity for which we are licensed.. - 53 - ESD-001-E/06
Appears in 1 contract
Samples: Customer Agreement
