Common use of Asset Class Clause in Contracts

Asset Class. An asset class is a group of securities that exhibits similar characteristics, behaves similarly in the marketplace and is subject to the same laws and regulations. The traditional main asset classes are equities, or stocks; fixed income, or bonds; however, derivatives such as commodities, indices and currencies are also considered as Asset Classes.

Asset Class. An asset class is a group of securities that exhibits similar characteristics, behaves similarly in the marketplace and is subject to the same laws and regulations. The traditional main asset classes are equities, or stocks; fixed income, or bonds; however, however derivatives such as commodities, indices and currencies are also considered as Asset Classes. Any one or more person(s) appointed by you and has the required authority, in accordance with clauses 17.8 and 11.3.1 (d), to act and/or give instructions on your behalf in respect of the Agreement and the relevant Account(s).