Options Market Contract definition

Options Market Contract means a contract on the terms of an Option Series.
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Options Market Contract means a derivatives contract the terms of which give one party to the contract a right, exercisable at or before a specified time, to:
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Examples of Options Market Contract in a sentence

  • Upon registration of an OTC Options Market Transaction in accordance with Rule 12.1.1A with ASX Clear in the name of a Participant, the Client acknowledges that the Participant incurs obligations to ASX Clear as principal, even though the OTC Options Market Contract may have been entered on the Client's instructions.

  • Derivatives Contract has the meaning given to Options Market Contract or Derivatives CCP Contract, each as defined in the ASX Clear Rules or the corresponding contract between the Client and OpenMarkets, as the context requires.

  • The Client and the Participant acknowledge that each Options Market Contract entered into through an OTC Options Market Transaction (‘OTC Options Market Contract’) registered with ASX Clear is subject to the ASX Clear Operating Rules and the practices, directions, decisions and requirements of ASX Clear.

  • The Client acknowledges that any benefit or right obtained by a Participant upon registration of an OTC Options Market Transaction with ASX Clear by novation of an OTC Options Market Contract under the ASX Clear Operating Rules or any other legal result of registration is personal to the Participant and the benefit of that benefit, right or legal result does not pass to the Client.