Common use of Short Positions Clause in Contracts

Short Positions. A client holding a short position on the ex-div date will be charged the applicable dividend in the form of a reverse cash adjustment, debited from the relevant trading account’s free equity.

Appears in 3 contracts

Sources: Client Agreement, Client Agreement, Client Agreement

Short Positions. A client Client holding a short position on the ex-div date will be charged the applicable dividend in the form of a reverse cash adjustment, debited from the relevant trading account’s free equity.

Appears in 1 contract

Sources: Client Agreement

Short Positions. A client holding a short position on the ex-div date will be charged the applicable dividend in the form of a reverse cash adjustment, debited from the relevant trading account’s free equity. In the event a client maintains a short position on the ex-div date and has insufficient free equity in their trading account to cover the reverse cash adjustment, Amana Capital reserves the right to close the open position. Under such circumstances, the reverse cash adjustment shall be deducted from the trading account’s balance.

Appears in 1 contract

Sources: Client Agreement

Short Positions. A client Client holding a short position Short Position on the ex-div date will be charged the applicable dividend in the form of a reverse cash adjustment, debited from the relevant trading account’s 's free equityEquity.

Appears in 1 contract

Sources: Client Agreement