Purchasing Power means the maximum amount that the Customer may make order for securities purchase at a certain time, including brokerage fee and value-added tax.
Purchasing Power means the maximum value of purchase orders the Client can place at a particular period of time.
Purchasing Power has the meaning given to it in Clause 2.10 (Purchasing Power);
Examples of Purchasing Power in a sentence
Such limits include, without limitation, the maximum number of Transactions that may be made each day, the number and type of different Investment Products which may be dealt with in each Transaction, the minimum value or amount of Investment Products for a Transaction, limits on the price at which the Client can purchase or sell an Investment Product, position limits on open Contracts, fund redemption limits and the assigned Purchasing Power.
The level of Purchasing Power as calculated by the Company is final, conclusive and binding on the Client.
The Company makes no representations or warranties that the Purchasing Power displayed is accurate, timely or complete.
The level of Purchasing Power is calculated by the Company at its sole discretion and in accordance with such methodology as it may from time to time implement.
Purchasing Power is a mechanism that dictates the total value of Transactions that you can enter into and may apply differently to each Account or uniformly across all Accounts.
More Definitions of Purchasing Power
Purchasing Power has the meaning given to it in Clause 2.12 (Purchasing Power); "RM" or "Ringgit Malaysia" means the lawful currency of Malaysia;
Purchasing Power means a maximum value of which a client may purchase securities in a margin account, at any time, including a brokerage fee;
Purchasing Power means the amount available for Disbursements and manual purchases of Money Accounts. “Securities Account” or “Account” means an EMA Account.
Purchasing Power means the maximum amount of money allowed at any time for the Client to order the Purchase of Securities from the Margin Account, including any brokerage fees and VAT.
Purchasing Power means the maximum amount of money that the Client may use to purchase Securities from the Margin Account at any particular time, including the Securities brokerage fees and the value-added tax. “Confirmation Document” (for borrowing and lending transactions) means the document that states details of the borrowed Securities, kind, category, class, amount of Securities, amount of Collateral, rate of Fees on the Securities borrowing and duration of borrowing, etc.
Purchasing Power means the maximum amount that Customer is allowed to buy securities during the day, calculated per following formula: ℎ = ( , − 1 )1 − ∗ ∗ (1 + )The above phrases may be amended, supplied in accordance with margin guidance issued by Competent Authority; Customer automatically accepts the amendment, supplement (if any) without additionally signing or signing new Margin Contract.Article 29. Margin trading1. For opening Sub-Account, Customer commits:- Customer is not the subjects in securities companies: owner, major shareholders, capital contributors, member of Board of Directors/ Board of Members, Board of Controllers, General Director (Director), Deputy General Director (Deputy Director), chief accountant, other titles are appointed by Board of Directors/ Board of Members/ owner of securities company and persons related to above subjects;- Customer is not legal entity in the status of dissolution, bankruptcy according to current law;- Customer is not subject that breaches the contract for opening margin trading account according to provisions of other securities companies.- When opening Sub-Account, Customer understands and agrees that Automatic PIA is applied compulsory for Customer’s Sub-Account.2. In order to margin trading on Sub-Account, Customer first need to pay cash or Marginable Stocks to meet the initial margin ratio as regulated by PHS.3. PHS lends to Customer according to ratio specified by PHS from time to time, with a value calculated on the total value of securities purchased on the Sub-Account minus a number of Cash. Borrowing purpose: buy margin securities.4. When Customer wants to place a margin order, Customer must use a margin order slip, or place order via Internet, telephone or other means to indicate that it is a margin trading. Margin order is an inseparable appendix of the Margin Contract.5. The term loan: maximum of ninety (90) days or another period as stipulated by PHS and in accordance with current law. PHS can continue to extend the term loan based on Customer’s confirmation. At the same time, Customer also agrees to pay PHS a renewal fee (if any) according to PHS's provisions at the time of renewal.6. Loan interest rate (I) is calculated according to calendar date regulated by PHS from time to time. This interest rate is publicly listed on PHS's website from time to time or as agreed by the Parties. Margin loan interest is calculated from the time PHS disburses the margin trading payment to Customer until the Customer complet...
Purchasing Power means the maximum amount that the Client may make order for securities purchase at a certain time, including brokerage fee and other duties. The Purchasing Power is up to the amount of cash maintained in the Client’s account as all Purchase needs to be fully funded.