Stock Options Trading definition
Examples of Stock Options Trading in a sentence
The Client Contract so selected shall, by operation of this Stock Options Trading Agreement and the Options Trading Rules and Clearing Rules, for all purposes be treated as having been validly exercised at the time of such selection.
The Client hereby agrees, confirms and acknowledges that the Stock Options Trading Agreement forms an integral part of the Client Agreement(s).
This includes the Stock Options Trading Rules of the SEHK, the Clearing Rules of the SEHK Option Clearing House Limited (“SEOCH”) and the rules of the Hong Kong Securities Clearing Company Limited(“HKSCC”).
Where any conflict arises between the Client Agreement and the provisions of this Stock Options Trading Agreement, the provisions of the latter shall prevail.
This Stock Options Trading Agreement is supplemental to the Client Agreement entered into by and between Evergrande Securities (Hong Kong) and the Client to which this Stock Options Trading Agreement is annexed whereby the Client is allowed to conduct Stock Options Trading on the SEHK (“Stock Options Account”) and Evergrande Securities (Hong Kong) agrees to provide Exchange Traded Stock Options Business to the Client.
The Company may exercise any of its rights under (a) Clause [13] of Cash Client’s Agreement and/or (b) Clause [7] of Stock Options Trading Agreement if deduction of commissions, fees or other charges causes the Stock Options Account to have an insufficient balance to satisfy the Margin.
Where any conflict or inconsistency arises between any provision of the Stock Options Trading Agreement and any provision of Cash Client’s Agreement, the Company has absolute discretion to determine which terms and conditions shall prevail.
The Stock Options Trading Agreement (the“Agreement”) is additional and supplemental to the Cash Client’s Agreement between the Company and the Client.
The Client understands and accepts that the Company generally will not issue call or demand on the Margin, that the Company generally will not credit the Stock Options Account to meet any deficiency on the Margin, and that the Company is authorised to exercise any of its rights under (a) Clause [13] of Cash Client’s Agreement and/or (b) Clause [7] of Stock Options Trading Agreement in order to satisfy the Margin without prior notice to the Client.
By entering into any Stock Options Trading or related transactions, the Client agrees (or shall be deemed to have agreed) to the Agreement.