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

  • Subject always to any obligation to disclose information under these Options Trading Rules, the Clearing Rules, the Exchange Rules or the laws of Hong Kong, every Options Exchange Participant shall, unless otherwise permitted by a client, treat as confidential and keep secret all information relating to the business and affairs of its clients which is received by it in its capacity as an Options Exchange Participant.

  • An Options Exchange Participant shall, upon the request of the Exchange or any designated HKEX staff disclose (or where appropriate, cause its clients to disclose) to the Exchange or such designated HKEX staff, all information regarding the identity of a client about which the Options Exchange Participant is required to be satisfied on reasonable grounds in accordance with the SFC Code of Conduct and the Client Identity Guidance Note, within such period as is specified in the Client Identity Guidance Note.

  • Each Options Exchange Participant shall ensure that each client is notified of his margin calculated and SEOCH Collateral demanded pursuant to Options Trading Rules 424 and 425 promptly.

  • The Options Exchange Participant must also ensure that such margin is (so far as that Options Exchange Participant is reasonably able to ensure the same) settled by the delivery of SEOCH Collateral by each client to the Options Exchange Participant promptly.

  • The Options Exchange Participant may require a client to maintain SEOCH Collateral with the Options Exchange Participant in advance of accepting instructions from the client or may impose other requirements for the collection of SEOCH Collateral as it thinks fit.

  • For the avoidance of doubt, a cheque received by an Options Exchange Participant from a client in good faith which the Options Exchange Participant has no reason to suspect will not be honoured on first presentation may be accepted in payment of margin.

  • If an Options Exchange Participant has not received SEOCH Collateral due from a client promptly, it may treat that client as being in default.


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

  • Exchange Participant means (a) the Bank which is a person registered as a China Connect Exchange Participant (as defined in the SEHK China Connect Rules) by SEHK; or (b) where the context requires, any China Connect Exchange Participant (as defined in the SEHK China Connect Rules).

  • 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 or "Award" means a right granted to a Participant under this Plan to earn or 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 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 Article 7.

  • 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 of shares of Common Stock which is granted pursuant to the terms and conditions of Section 7(b).

  • 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.