Common use of Transaction given up to us for clearing Clause in Contracts

Transaction given up to us for clearing. To the extent we are registered as an exchange participant of HKFE or any other exchange or is otherwise authorised or permitted under Applicable Laws an d Regulations to provide clearing service, we may in our discretion accept Transactions given up to us for clearing by third party executing brokers. If we decline to accept a Transaction, we shall not be obliged to give a reason but we shall notify you accordingly. Notwithstanding any provision contained in any relevant give-up agreement, if we accept a Transaction for clearing from an executing broker quoting a reference number or mnemonic applicable to you, such Transaction shall be binding and conclusive on you immediately on its acceptance for clearing by us whether or not the details of such Transaction have previously been confirmed to us by you. We shall not be liable to you for any losses, costs, expenses or damages arising from any discrepancy bet ween details in your instructions to such executing broker and details of Transaction s submitted to us for clearing.

Transaction given up to us for clearing. To the extent we are registered as an exchange participant of HKFE or any other exchange or is otherwise authorised or permitted under Applicable Laws an d and Regulations to provide clearing service, we may in our discretion accept Transactions given up to us for clearing by third party executing brokers. If we decline to accept a Transaction, we shall not be obliged to give a reason but we shall notify you accordingly. Notwithstanding any provision contained in any relevant give-up agreement, if we accept a Transaction for clearing from an executing broker quoting a reference number or mnemonic applicable to you, such Transaction shall be binding and conclusive on you immediately on its acceptance for clearing by us whether or not the details of such Transaction have previously been confirmed to us by you. We shall not be liable to you for any losses, costs, expenses or damages arising from any discrepancy bet ween between details in your instructions to such executing broker and details of Transaction s Transactions submitted to us for clearing.