Common use of Exercise of a Derivatives Contract Clause in Contracts

Exercise of a Derivatives Contract. The Client acknowledges that, if the Client wishes to exercise a Derivatives Contract registered in the Client’s account with Openmarkets: a. the Client is not able to do so through the DMA Service (whether or not that Derivatives Contract was bought through the DMA Service); and b. the Client must contact the Intermediary directly in order to communicate the Client’s instruction to exercise that Derivatives Contract (and the Intermediary in turn will be responsible for communicating the Client’s instruction to Openmarkets).

Exercise of a Derivatives Contract. The Client acknowledges that, if the Client wishes to exercise a Derivatives Contract registered in the Client’s account with Openmarkets: a. (i) the Client is not able to do so through the DMA Service (whether or not that Derivatives Contract was bought through the DMA Service); and b. (ii) the Client must contact the Intermediary directly in order to communicate the Client’s instruction to exercise that Derivatives Contract (and the Intermediary in turn will be responsible for communicating the Client’s instruction to Openmarkets).

Exercise of a Derivatives Contract. The Client acknowledges that, if the Client wishes to exercise a Derivatives Contract registered in the Client’s 's account with OpenmarketsOpenMarkets: a. the Client is not able to do so through the DMA Service (whether or not that Derivatives Contract was bought through the DMA Service); and b. the Client must contact the Intermediary OpenMarkets directly in order to communicate the Client’s 's instruction to exercise that Derivatives Contract (and the Intermediary in turn will be responsible for communicating the Client’s instruction to Openmarkets)Contract.