Contract Specifications, Margin Procedures and Closure of Positions. Without prejudice to the Company's rights under clause 14.2 above, the Company may, without the Client's consent, close all or any of the Client's positions if the Company is of the opinion that there has been a change or development involving a prospective change:
Contract Specifications, Margin Procedures and Closure of Positions. 17.1 Without prejudice to the Company's rights under clause 14.2 above, the Company may, without the Client's consent, close all or any of the Client's positions if the Company is of the opinion that there has been a change or development involving a prospective change:
(a) in the local, national or international monetary, financial, economic or political conditions or foreign exchange controls which has resulted or is in the opinion of the Company likely to result in a material or adverse fluctuation in the stock market or options market in Hong Kong and/or overseas; or
(b) which is or may be of a material adverse nature affecting the condition or operations of the Client.
17.2 The Company shall provide to the Client upon written request Contract Specifications or other product specifications, any prospectus or other offering document covering such products, and shall provide to the Client a full explanation of margin procedures. The circumstances in which a Client's position may be closed without the Client's consent are set out in clauses 6, 8.3, 14, 16 and 17.1.
Contract Specifications, Margin Procedures and Closure of Positions. 14.1. Without prejudice to GTJAS's rights under Clause 13.2 above, GTJAS may, without the Client's consent, close all or any of the Client's positions if GTJAS is of the opinion that there has been a change or development involving a prospective change:-
(a) in the local, national or international monetary, financial, economic or political conditions or foreign exchange controls which has resulted or is in the opinion of GTJAS likely to result in a material or adverse fluctuation in the stock market or Options market in Hong Kong and/or overseas; or
(b) which is or may be of a material adverse nature affecting the condition or operations of the Client.
14.2. GTJAS shall provide to the Client upon written request options contract specifications or other product specifications, any prospectus or other offering document covering such products, and shall provide to the Client a full explanation of margin procedures.