Common use of FOREIGN EXCHANGE CONTRACTS Clause in Contracts

FOREIGN EXCHANGE CONTRACTS. 客戶授權華南香港在資金需要轉換為其他貨幣當日或之前訂立外匯合約以便購買證券，此等外匯合約按華南香港日常慣例並以市場匯率訂立。訂約時間由華南香港自行酌情決定。 The Client authorizes the Broker to enter into foreign exchange contracts necessary to facilitate the purchase of the Securities on or before the day when funds are required to be converted into other currencies for payment of such purchase at market rates and in accordance with the Broker’s normal practice. The timing will be at the Broker’s sole discretion.