Variation Adjustment definition

Variation Adjustment means, in relation to transactions of the HKFE, the amount payable by (to) the Clearing House to (from) the Company on behalf of the Customer, calculated on a daily basis in accordance with the rules on variation adjustment of the Clearing Rules of the HKCC.

Variation Adjustment means the aggregate of all adjustments to the Contract Price in respect of all Variations agreed or determined under clause 10.3 of the Conditions of Contract, excluding any adjustment to the Contract Price referable to any Contractor's Activities carried out before the Initial Adjustment Date.

Variation Adjustment means, in relation to transactions of the HKFE, the amount payable by (to) the Clearing House to (from) the Company on behalf of the Client, calculated on a daily basis in accordance with the rules on variation adjustment of the Clearing Rules of the HKCC. 「變價調整金」指就有關於期交所交易，根據結算所之結算規則之變價調整金規則應由結算所繳付予本公司 （代表客戶）或本公司代表客戶向其繳付之按每日計算之金額。

Examples of Variation Adjustment in a sentence

• Variation Adjustment Payment is the amount payable to the Clearing House by a customer or by a broker on behalf of its customer, calculated on a daily basis in accordance with the rules of the Clearing House.

• The Client acknowledges and agrees that Evergrande Futures (Hong Kong) may be required to report to HKFE and the SFC of all open positions in respect of which two successive Futures Margin calls and/or demands for Variation Adjustment are not met within the period specified by Evergrande Futures (Hong Kong) from time to time and notified to the Client.

• Evergrande Futures (Hong Kong) may require additional Futures Margin or Variation Adjustment other than that specified by HKFE and/or the Clearing House.

• A specimen Price Variation Adjustment (PVA) Clause is given in Annexure XI,I-General, on page193, as an alternative for guidance.

• Monitoring Margin Calls, Demands for Variation Adjustment and Physical Delivery Contracts Delivery Obligations 619.

More Definitions of Variation Adjustment

Variation Adjustment means the amount payable to the Broker by the Client, calculated at least once daily based on the market price at the end of each day or at other interval as directed by the HKFE from time to time in respect of each open Futures/Options Contract in the Account 「保證金追交通知」 經紀要求客戶以保證金形式存入額外現金或非現金抵押品使致有關帳戶能增至最低維持保證金水平。當有關帳戶低於經紀不時要求的維持保證金時，經紀會發出保證金追交通知。

Variation Adjustment means the amount payable by or to the Clearing

Variation Adjustment means, in relation to Contracts transacted on the HKFE, the amount payable by or to the Clearing House and/or the Company on behalf of the Client, calculated on a daily basis in accordance with Rules 408 to 411 of the Clearing House Rules.

Variation Adjustment means the aggregate of all adjustments to the Subcontract Price in respect of all Variations agreed or determined under clause 10.3 of the Conditions of Subcontract, excluding any adjustment to the Subcontract Price referable to any Subcontractor's Activities carried out before the Initial Adjustment Date.

Variation Adjustment includes the amount payable by or to HKCC, and/or EFHK on behalf of the Client, calculated in accordance with Rules 408 to 411 of the Clearing House Rules of HKCC;

Variation Adjustment has the meaning ascribed to it under the Rules of the

Variation Adjustment has the meaning as defined in clause 27.4;