DERIVATIVE TRADING Clause Samples

The Derivative Trading clause defines the terms and conditions under which parties may engage in transactions involving financial derivatives, such as options, futures, or swaps. It typically outlines the permitted types of derivative instruments, the procedures for executing trades, and any limitations or requirements for risk management and reporting. By establishing clear rules for derivative transactions, this clause helps manage financial risk and ensures both parties understand their rights and obligations when trading complex financial products.
DERIVATIVE TRADING. 3.1 FPTS only opens the derivative trading account and provides derivative trading services for the Customer who has already opened the securities transaction account at FPTS. The Customer agrees that the contracts signed with FPTS, including Securities Transaction Account Opening Agreement and Terms and Conditions of Securities Transaction Account Opening Agreement; Contract for Provision and Use of Securities Transaction Services and Terms and Conditions of Using Securities Transaction Services, and Risk Statement, shall be automatically applied to the Derivative Trading Account. 3.2 The Customer undertakes that he/she places derivative trading orders in accordance regulations of with FPTS, the Stock Exchanges, the Vietnam Securities Depository and other competent authorities. 3.3 FPTS may refuse to perform the Customer’s requests or orders of derivative trading if such derivative trading requests violate, or potentially violate, the Vietnamese law, regulations of competent authorities and/or relevant regulations of FPTS 3.4 In the event that the Customer’s Derivative Trading Account at FPTS does not have enough balance to fulfill his/her obligations, including but not limited to payment for daily position loss, compensatory payment for delivery margin for government bond futures, fee and tax payment, FPTS will pay an advance for the Customer without having to send a notification to him/her or have his/her consent. The Customer is responsible for repaying the outstanding loan paid in advance by FPTS and the interest on such outstanding loan. The interest rate hereto used to calculate the interest is announced by FPTS on the website ▇▇▇▇://▇▇▇.▇▇▇▇.▇▇▇.▇▇. FPTS is fully entitled to automatically collect principal and interest from the Customer’s Derivative Trading Account.
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DERIVATIVE TRADING. 11.1. Derivatives products include but not limit to derivatives warrants, callable bull/bear contracts (“CBBCs”), and those exchange-traded funds that invest in derivatives instruments designed to replicate the performance of an index, a stock or a commodity. In light of the risks, you should undertake such Transactions only if you understand the nature of the product agreement (and contractual relationships) into which you are entering and the extent of your exposure to risk. Trading in derivatives products is not suitable for everyone. You should carefully consider whether trading is appropriate for you in light of your experience, objectives, financial resources and other relevant circumstances. 11.2. In the event that a derivatives product issuer becomes insolvent and defaults on their listed Securities, you will be considered as unsecured creditors and will have no preferential claims to any assets held by the issuer. You should therefore pay close attention to the financial strength and creditworthiness of derivatives product issuers. 11.3. Uncollateralized derivatives products are not asset backed. In the event of issuer bankruptcy, you can lose your entire investment. You should read the listing document to determine if a product is uncollateralized. 11.4. Derivatives products such as derivatives warrants and CBBCs are leveraged and can change in value rapidly according to the gearing ratios relative to the underlying assets. You should be aware that the value of a derivatives product may fall to zero resulting in a total loss of the initial investment. 11.5. Derivatives products have expiry dates after which their values may become worthless. You should be aware of the expiry time horizon and choose a product with an appropriate lifespan for your trading strategy. 11.6. The price of a derivatives product may not match its theoretical price due to external influences such as market supply and demand factors. As a result, actual traded prices can be higher or lower than the theoretical price. 11.7. Trading of derivatives products with underlying assets not denominated in Hong Kong dollars are also exposed to exchange rate risk. Currency rate fluctuations can adversely affect the underlying asset value, and, therefore, also affect the price of derivatives products. 11.8. The HKEx requires all derivatives product issuers to appoint a liquidity provider for each individual issue. The role of liquidity providers is to provide two way quotes to facilitat...
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DERIVATIVE TRADING. This Agreement also encompasses the derivative trading; the Company can act on individual derivative trading Transaction such as orders made directly from the Client to the Company or through the Company’s Online Trading System. The Company will operate and manage base on the Client Access Data without hesitations and further questions, the Orders will remain valid and will be completely intact with Client and its Client Access Data. One more thing to note, the Company will completely and thoroughly follow the Client’s request for the order execution along with the agreed terms. The Company won’t be held liable for any mishandling and inaccurate information with the Order. The Company also views the Orders as concrete and will eventually proceed with the Transaction. All Orders are expected to be placed and executed or modified and removed within the allowed trading time; all late Orders will then promptly take the next trading session. The Company will also be putting the open spot positions a day over the next business day, after closing the business in the relevant Underlying Market. Furthermore, the Company also reserves the right to close existing open position under thorough discretion. The Company will, but not constrained to, at the highest circumspection, proceed with the Client’s request, pursue its Orders even outside the normal derivative trading hours.
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DERIVATIVE TRADING. FPTS chỉ mở tài khoản giao dịch CKPS và cung cấp dịch vụ giao dịch CKPS cho các Khách hàng đã mở ▇▇▇ ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇ứng khoán cơ sở tại FPTS. Khách hàng đồng ý rằng, các hợp đồng đã ký với FPTS: Hợp đồng mở ▇▇▇ ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇ứng khoán và Các điều khoản và điều kiện hợp đồng mở ▇▇▇ ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇ứng khoán; Hợp đồng cung cấp và sử dụng dịch vụ giao dịch chứng khoán và Các điều khoản và điều kiện sử dụng dịch vụ giao dịch chứng khoán, Bản công bố rủi ro sẽ đương nhiên có hiệu lực áp dụng đối với Tài khoản giao dịch CKPS./ FPTS only opens the derivative trading account and provides derivative trading services for the Customer who has already opened the securities transaction account at FPTS. The Customer agrees that the contracts signed with FPTS, including Securities Transaction Account Opening Agreement and Terms and Conditions of Securities Transaction Account Opening Agreement; Contract for Provision and Use of Securities Transaction Services and Terms and Conditions of Using Securities Transaction Services, and Risk Statement, shall be automatically applied to the Derivative Trading Account.
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Related to DERIVATIVE TRADING

  • Unbundled Copper Loop – Non-Designed (UCL-ND 2.4.3.1 The UCL–ND is provisioned as a dedicated 2-wire metallic transmission facility from BellSouth’s Main Distribution Frame (MDF) to a customer’s premises (including the NID). The UCL-ND will be a “dry copper” facility in that it will not have any intervening equipment such as load coils, repeaters, or digital access main lines (DAMLs), and may have up to 6,000 feet of bridged tap between the End User’s premises and the serving wire center. The UCL-ND typically will be 1300 Ohms resistance and in most cases will not exceed 18,000 feet in length, although the UCL-ND will not have a specific length limitation. For Loops less than 18,000 feet and with less than 1300 Ohms resistance, the Loop will provide a voice grade transmission channel suitable for Loop start signaling and the transport of analog voice grade signals. The UCL-ND will not be designed and will not be provisioned with either a DLR or a test point. 2.4.3.2 The UCL-ND facilities may be mechanically assigned using BellSouth’s assignment systems. Therefore, the Loop Makeup (LMU) process is not required to order and provision the UCL-ND. However, CBX One-Stop can request LMU for which additional charges would apply. 2.4.3.3 For an additional charge, BellSouth also will make available Loop Testing so that CBX One-Stop may request further testing on the UCL-ND. Rates for Loop Testing are as set forth in Exhibit A of this Attachment. 2.4.3.4 UCL-ND Loops are not intended to support any particular service and may be utilized by CBX One-Stop to provide a wide-range of telecommunications services as long as those services do not adversely affect BellSouth’s network. The UCL- ND will include a NID at the customer’s location for the purpose of connecting the Loop to the customer’s inside wire. 2.4.3.5 OC will be provided as a chargeable option and may be utilized when the UCL-ND provisioning is associated with the reuse of BellSouth facilities. OC-TS does not apply to this product. 2.4.3.6 CBX One-Stop may use BellSouth’s Unbundled Loop Modification (ULM) offering to remove excessive bridged taps and/or load coils from any copper Loop within the BellSouth network. Therefore, some Loops that would not qualify as UCL-ND could be transformed into Loops that do qualify, using the ULM process.

  • Unbundled Copper Loop – Designed (UCL-D) 2.4.2.1 The UCL-D will be provisioned as a dry copper twisted pair loop that is unencumbered by any intervening equipment (e.g., filters, load coils, range extenders, digital loop carrier, or repeaters). The UCL-D will be offered in two versions - Short and Long. 2.4.2.2 A short UCL-D (18,000 feet or less) is provisioned according to Resistance Design parameters, may have up to 6,000 feet of bridged tap and will have up to 1300 ohms of resistance. 2.4.2.3 The long UCL-D (beyond 18,000 feet) is provisioned as a dry copper twisted pair longer than 18,000 feet and may have up to 12,000 feet of bridged tap and up to 2800 ohms of resistance. 2.4.2.4 The UCL-D is a designed circuit, is provisioned with a test point, and comes standard with a DLR. OC is a chargeable option for a UCL-D; however, OC is always required on UCLs where a reuse of existing facilities has been requested by Granite. 2.4.2.5 These loops are not intended to support any particular services and may be utilized by Granite to provide a wide-range of telecommunications services so long as those services do not adversely affect BellSouth’s network. This facility will include a Network Interface Device (NID) at the customer’s location for the purpose of connecting the loop to the customer’s inside wire. 2.4.2.6 BellSouth will make available the following UCL-Ds:

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