HKFE Clearing House definition
Examples of HKFE Clearing House in a sentence
All monies and other property that GTJAF receives from the Client or from any other person (including the HKFE Clearing House and any other clearing house) for the Account shall be held by GTJAF as trustee, segregated from its own assets and be paid into a segregated bank account as soon as practicable and in any event within two (2) Business Days after its receipt.
The Client acknowledges that in respect of any account that GTJAF maintains with the HKFE Clearing House or any other clearing house, whether or not such account is maintained wholly or partly in respect of Derivatives transacted on the Client's behalf and whether or not any monies paid by the Client has been paid to the HKFE Clearing House or such other clearing house, as between GTJAF and the HKFE Clearing House or such other clearing house, GTJAF deals as principal.
The Client acknowledges that the HKFE Clearing House may do all things necessary to transfer any open positions held by GTJAF on the Client's behalf and any money and security standing to the credit of the Account with GTJAF to another exchange participant of HKFE in the event the rights of GTJAF as an exchange participate of HKFE are suspended or revoked.
Such calls for Margin or additional Margin requirements or demands for variation adjustment by GTJAF may exceed any margin requirements or variation adjustments prescribed by HKFE or HKFE Clearing House and may be changed by GTJAF with immediate effect without prior notice to the Client.
The Client agrees that GTJAF can deal with such account free of any trust or other equitable interest in favor of the Client and monies paid to the HKFE Clearing House or such other clearing house are thereby free from the trust referred to in Clause 5.5.
The Client agrees that GTJAF can deal with such account free of any trust or other equitable interest in favor of the Client and monies paid to the HKFE Clearing House or such other clearing house are thereby free from the trust referred to in this Clause 5.7.
The Client acknowledges that the HKFE Clearing House may do all things necessary to transfer any open positions held by CCBIS on the Client's behalf and any money and security standing to the credit of the Account with CCBIS to another exchange participant of HKFE in the event that the rights of CCBIS as an exchange participant of HKFE are suspended or revoked.
All monies or other properties received by IBHK from the Client or from any other person, including the HKFE Clearing House, for the Account of the Client in respect of the futures/options contracts transacted on behalf of the Client, shall be held by IBHK as trustee, segregated from IBHK's own assets.
All monies, securities and other property that CCBIS receives from the Client or from any other person (including the HKFE Clearing House and any other clearing house) for the Account shall be held by CCBIS as trustee, segregated from its own assets.
Any monies, approved debt securities or approved securities received by CCBIS from the Client or from any other person (including the HKFE Clearing House or other clearing house) are held in the manner specified under paragraphs 7 to 12 of Schedule 4 to the Code of Conduct and the Client authorizes CCBIS to apply any such monies, approved debt securities or approved securities in the manner specified under paragraphs 14 to 15 of Schedule 4 to the Code of Conduct.