Financial Futures definition

Financial Futures means futures contracts on any of the following: (i) indexes of stocks, bonds or currencies (but excluding single stock futures); (ii) interest rates; (iii) currencies; or (iv) commodities.

Financial Futures includes equity futures, Index Futures, HIBOR Futures and any other index futures, commodities, interest rate futures or foreign exchange futures and options on such futures contracts or items the subject of a futures or options contract traded on the HKFE or any other Foreign Futures Exchanges or any other instrument agreed between the parties from time to time.

Financial Futures. Standard & Poor's 500 Index futures.

Examples of Financial Futures in a sentence

• The value of Financial Futures is expected to be affected, in part, by investors' general appraisal of the creditworthiness of the issuer of or the counterparty to the relevant Financial Futures.

• The issuer of or the counterparty to a Financial Futures may not be able to fulfil its obligations under the relevant Financial Futures on any relevant due date.

• Where applicable, the Customer’s rights arising under each Contracts and Financial Futures transaction shall be subject to all rights, liabilities and obligations arising out of the application of this Agreement to every other transaction entered into by the Customer with the Company.

• Any reduction in the creditworthiness of the issuer or counterparty could result in a reduction in the value of such Financial Futures.

• The Customer will, in addition, reimburse the Company on demand for all expenses which may be incurred by the Company in protecting any of its rights, or in suing for or recovering any sum due to it in respect of any Financial Futures transaction effected by it for the Customer.

• A The Customer has applied for the opening of an Account (defined below) with the Company for the trading of Financial Futures (defined below).

• The Company is acting as an agent for you in connection with any Financial Futures Transaction entered into by you under this Agreement with a third party.

• If, for example, a bankruptcy proceeding is proposed or commenced in respect of an issuer of or a counterparty to a Financial Futures, the return to a holder of, or a party to, such Financial Futures may be limited and any recovery will likely be substantially delayed.

• In order to assess the risk, you should consider all information provided in the offering documents relating to the relevant Financial Futures and consult with your own independent professional advisers if you consider appropriate or necessary.

• The Company will report to the Customer executions of Financial Futures transactions (i) promptly by telephone calls or facsimile or other means as agreed and/or (ii) by sending to the Customer a copy of the transaction confirmation and account statement as required by applicable laws, rules and regulations.