Share CFD definition

Share CFD means a Financial Product where the underlying asset is a security listed on an exchange. Short Party means in respect of any Order the party identified in the Trade Confirmation Notice as having notionally sold the underlying asset or assets to the OTC derivative contract.
Share CFD is a form of CFD that gives exposure to changes in share prices. It is not an agreement to buy or sell any amount of shares and, unless you and we expressly agree separately in writing, it cannot result in the delivery of any shares to or by you. The share Instrument upon which the Share CFD is based may be an Order Book Share or a Market Maker Share;
Share CFD means a CFD whose Underlying Financial Product is a financial product traded on an Exchange and which itself is not a margin product. This covers Exchange-traded equities, units in listed funds, stapled securities, exchange traded funds (known as ETFs). Short Party means the party to a Transaction (including a CFD) who is treated as having notionally sold the Underlying Financial Product. Spot means the theoretical Value Date for a Transaction two Business Daysfollowingtheday on which the Transaction is entered into. Tax means any present or future tax, levy, impost, deduction, charge, duty, compulsory loan or withholding (together with any related interest, penalty, fine or expense in connection with any of them)leviedorimposedbyanyGovernmentAgency, other than any imposed on overall net income. Terms Currency is the second currency quoted in a pair for a CFD, for example for the quote AUD/USD, the Terms Currency is the USD. Terms means all of the provisions of the Application Form and of this document (inducing the relevant Schedules), each as amended from time to time.

Examples of Share CFD in a sentence

  • Where the Client is the Long Party for a Share CFD in relation to a US stock or security, and the Share CFD goes ex-dividend, Rich Smart is required by US tax legislation to withhold 30% of the cash adjustment to reflect the impact of the declared dividend.

  • If a Client is the Short Party for a Share CFD that goes ex-dividend, Rich Smart will debit the declared cash dividend from the Client’s account.

  • If a Client is the Long Party for a Share CFD that goes ex-dividend, Xxxx Xxxxx will credit the Client’s account with a cash adjustment to reflect the impact of the dividend on the Orders.


More Definitions of Share CFD

Share CFD means a Financial Product where the underlying asset is a security listed on an exchange.

Related to Share CFD

  • Share Company means the Share Company specified in the Table.

  • equity share capital means the total issued and paid-up equity share capital of the Company, calculated on a Fully Diluted Basis.

  • Relevant Share Capital means the relevant share capital of the Company (as that expression is defined in Section 67(2) of the 1990 Act);

  • Share Certificate means the certificate or certificates representing the Purchased Common Shares;

  • Equity Shares means the Common Shares and any shares of any other class or series of the Corporation which may from time to time be authorized for issue if by their terms such shares confer on the holders thereof the right to participate in the distribution of assets upon the voluntary or involuntary liquidation, dissolution or winding up of the Corporation beyond a fixed sum or a fixed sum plus accrued dividends;

  • Share Charge shall have the meaning provided in Section 5.06.

  • Common Shares means the common shares in the capital of the Corporation;

  • Ordinary Share Capital means any issued and outstanding shares of the Company with voting or other rights of management and control and any outstanding securities of the Company that are convertible into such shares at the option of the holder;

  • Voting Share Capital means the total voting equity share capital of the Target Company on a fully diluted basis as of the 10th (Tenth) Working Day from the closure of the Tendering Period of the Offer;

  • Paid-up share capital means the paid-up share capital as defined in Section 2 of the Companies Act, 2013.

  • Ordinary Shares means the ordinary shares, par value $0.0001 per share, of the Company.

  • New Shares means ordinary or common shares, whether of the entity or person (other than the Share Issuer) involved in the Merger Event or a third party, that are, or that as of the Merger Date are promptly scheduled to be, (i) publicly quoted, traded or listed on an exchange or quotation system located in the same country as the Exchange (or, where the Exchange is within the European Union, in any member of state of the European Union) or on another exchange acceptable to the Issuer and (ii) not subject to any currency exchange controls, trading restrictions or other trading limitations.

  • Share Capital means: (i) any shares, interests, participations or other equivalents (however designated) of share capital of a company; (ii) any ownership interests in a Person other than a company, including membership interests, partnership interests, joint venture interests and beneficial interests; and (iii) any warrants, options, convertible or exchangeable securities, subscriptions, rights (including any pre-emptive or similar rights), calls or other rights to purchase or acquire any of the foregoing.

  • Subco Shares means the common shares in the capital of Subco;

  • Unit Shares means the Common Shares comprising part of the Units;

  • Shares means the shares of Common Stock issued or issuable to each Purchaser pursuant to this Agreement.

  • Per Share Consideration means (i) if the consideration paid to holders of the Common Stock consists exclusively of cash, the amount of such cash per share of Common Stock, and (ii) in all other cases, the volume weighted average price of the Common Stock as reported during the ten (10) trading day period ending on the trading day prior to the effective date of the applicable event. If any reclassification or reorganization also results in a change in shares of Common Stock covered by subsection 4.1.1, then such adjustment shall be made pursuant to subsection 4.1.1 or Sections 4.2, 4.3 and this Section 4.4. The provisions of this Section 4.4 shall similarly apply to successive reclassifications, reorganizations, mergers or consolidations, sales or other transfers. In no event will the Warrant Price be reduced to less than the par value per share issuable upon exercise of the Warrant.