Options Exchange Participant definition

Options Exchange Participant means a person registered by the Exchange as either an “Options Trading Exchange Participant” or “Options Broker Exchange Participant” pursuant to Chapter 2 of the Options Trading Rules;
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Options Exchange Participant means a person registered by the Exchange as either an Options Trading Exchange Participant or an Options Broker Exchange Participant, as the context may require and "Options Exchange Participantship" shall be construed accordingly.
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Options Exchange Participant has the meanings ascribed thereto under the Rules and Regulations of the Exchange and the Options Trading Rules;
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Examples of Options Exchange Participant in a sentence

  • If in doubt, an Options Exchange Participant is advised to collect sufficient margin up front before the order is executed.

  • Before the end of the Post-Trading Period subject also to the Client Agreement, a client can also give instructions to his Options Exchange Participant to reverse or modify an exercise instruction given earlier the same day.

  • A client can instruct his Options Exchange Participant to exercise a long position.

  • The PRiME calculation algorithm is there to protect the Options Exchange Participant from suffering a final loss in liquidating a defaulting client position.

  • Where positions exceeding this level are held for a client, the Options Exchange Participant must notify the Exchange of the client's identity.

  • Reporting levels, in excess of which a party (Options Exchange Participant or client) is required to report to the Exchange, are also prescribed.

  • Subject to Options Trading Rule 436A, limits are imposed on the open positions any single party (Options Exchange Participant or client) can carry at any one time.

  • SEOCH does not calculate individual client margin for an Options Exchange Participant.

  • Example A, if the limit is 50,000 and an Options Exchange Participant is long a total of 47,000 calls and short 3,000 puts in the same option class, it has reached the limit, but if it is long 47,000 calls and long 3,000 puts, it has not.

  • Client Margin refers to the margin due from a client to an Options Exchange Participant, or from an NCP to its GCP.


More Definitions of Options Exchange Participant

Options Exchange Participant. 期權交易所參與者」 means a person registered by the Exchange as either an Options Trading Exchange Participant or an Options Broker Exchange Participant, as defined in the Options Trading Rule; 根據期權交易規則, 指在交易所註冊為期權買賣交易所參與者或期權經紀交易所參與者的人士; “Options Trading Rules” 「期權交易規則」 means the Options Trading Rules of the SEHK Options Clearing House Limited; 指聯交所期權結算所所載的期權交易規則;
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Related to Options Exchange Participant

  • Prior Plan Award means an award outstanding under the Prior Plan as of the Effective Date.

  • Restricted Share Award means an award of Restricted Shares.

  • Plan Share Award means a right granted under this Plan to receive Plan Shares.

  • Restricted Share Unit Award means a right to receive Ordinary Shares which is granted pursuant to the terms and conditions of Section 6(b).

  • Section 16 Participant means a participant under the Plan who is then subject to Section 16 of the Exchange Act.

  • Section 16 Participants means Participants who are subject to the provisions of Section 16 of the Exchange Act.

  • the award , except in sub-paragraph (2), means—

  • Share Units means the hypothetical Shares that are credited to the Share Unit Accounts in accordance with Section 5.3.

  • Share Award means an Award of Shares granted pursuant to Section 10.

  • Deferred Stock Award means Awards granted pursuant to Section 8.

  • Restricted Share Units means an Award which may be earned in whole or in part upon the passage of time or the attainment of performance criteria established by the Administrator and which may be settled for cash, Shares or other securities or a combination of cash, Shares or other securities as established by the Administrator.

  • Section 162(m) Participant means any key Employee designated by the Administrator as a key Employee whose compensation for the fiscal year in which the key Employee is so designated or a future fiscal year may be subject to the limit on deductible compensation imposed by Section 162(m) of the Code.

  • Restricted Share Unit means the right granted to a Participant pursuant to Article 7 to receive a Share at a future date.

  • Bonus Stock Award means an award of Bonus Stock under this Plan.

  • INDEPENDENT STOCK APPRECIATION RIGHT or "INDEPENDENT RIGHT" means a right granted pursuant to subsection 8(b)(3) of the Plan.

  • RSU Award or “RSU” means an Award of restricted stock units representing the right to receive an issuance of shares of Common Stock which is granted pursuant to the terms and conditions of Section 5(a).

  • RSU means a contractual right granted pursuant to Section 9 that is denominated in Shares. Each RSU represents a right to receive the value of one Share (or a percentage of such value) in cash, Shares or a combination thereof. Awards of RSUs may include the right to receive dividend equivalents.

  • Performance Stock Award means a Stock Award granted under the terms and conditions of Section 6(c)(i).

  • Restricted Stock Award means an award of shares of Common Stock which is granted pursuant to the terms and conditions of Section 6(a).

  • Restricted Stock Grant means Shares awarded under the Plan as provided in Section 9.

  • California Participant means a Participant whose Award is issued in reliance on Section 25102(o) of the California Corporations Code.

  • Phantom Stock Award means an Award granted under Paragraph X of the Plan.

  • Bonus Award means a bonus award made pursuant to Section 9.

  • Stock Bonus Award means an Award granted under Section 10 of this Plan.

  • Share Appreciation Right means the right pursuant to an Award granted under Section 8 below to receive an amount equal to the excess, if any, of (i) the aggregate Fair Market Value, as of the date such Award or portion thereof is surrendered, of the Shares covered by such Award or such portion thereof, over (ii) the aggregate Exercise Price of such Award or such portion thereof.

  • Performance Share Award means an Award entitling the recipient to acquire shares of Stock upon the attainment of specified Performance Goals.