China Galaxy definition
Examples of China Galaxy in a sentence
You may sustain a total loss of initial margin funds and any additional funds deposited with China Galaxy International Futures (Hong Kong) Co., Limited (“Galaxy International Futures”) to maintain your position.
China Galaxy International Securities (Hong Kong) Co., Limited (‘Galaxy International Securities’) and/ or China Galaxy International Futures (Hong Kong) Co., Limited (‘Galaxy International Futures’) is entitled to act upon your instructions and you cannot assume that Galaxy International Securities and/or Galaxy International Futures will warn you if your instructions are ill-timed or inadvisable for any reason or if the instructions are likely to cause you loss.
The Client shall fully indemnify Galaxy International Securities and/or Galaxy International Futures and/or any member of the China Galaxy International on demand against all actions, liabilities, losses, costs, expenses which may be brought against, suffered or incurred by Galaxy International Securities and/or Galaxy International Futures arising from Galaxy International Securities’ and/or Galaxy International Futures’ reliance on such Instructions or communications.
The Client consents to Galaxy International Securities and/or Galaxy International Futures effecting any Transactions with or through itself, any member of the China Galaxy International or any of its or their clients without prior disclosure to the Client on a case-by-case basis provided that such dealing is at a price and on terms no less favourable than that could reasonably have been effected with or through an independent third party.
The Client is solely responsible for the legality and legitimacy of operating the Omnibus Account in the relevant jurisdiction(s) and agrees to indemnify Galaxy International Securities and any member of China Galaxy International against all actions, liabilities, losses, costs, expenses which may be brought against, suffered or incurred by Galaxy International Securities and any member of China Galaxy International by reason of the operation of an Omnibus Account.
Neither Galaxy International Securities and/or Galaxy International Futures nor any member of the China Galaxy International shall be liable to account to the Client for any profit, commission or remuneration or other benefit resulting from such Transaction.
Galaxy International Futures or any member of the China Galaxy International may be the counterparty to any transaction effected by Galaxy International Futures on the Client’s behalf.
For the avoidance of doubt, if a debit balance arises on the Client’s Securities Margin Account or any other margin account held with any member of the China Galaxy International, Galaxy International Securities shall not be, nor shall it be deemed to be, obliged to make, provide or continue to provide Financial Accommodation.
You shall notify Galaxy International Securities and/or Galaxy International Futures and/or any member of China Galaxy International immediately on any changes to the Data.
From time to time, it may be necessary for you to supply Galaxy International Securities and/or Galaxy International Futures and/or any member of China Galaxy International with personal data (“Data”) as defined in the Personal Data (Privacy) Ordinance (Cap.