Open Contract definition

Open Contract means a Contract which has not been closed out and which has not yet matured;
Open Contract means a Contract which has not been closed out and which has not yet matured “Order Execution Policy” means the Order Execution Policy Disclosure Statement issued by Morgan Stanley as
Open Contract means a Client Contract or Contract which has not been closed out; 「未平倉合約」指尚未平倉的客戶合約或合約;

Examples of Open Contract in a sentence

  • Clearing Members with Open Contract Positions at this time for a Contract Set subject to delivery are obliged to make or take delivery.

  • Except as directed by the Client where the Client is not in default hereunder and no Event of Default (as defined in Clause 8.1) has occurred, the Company shall not be obliged to close out any Open Contract.

  • Such Margin shall be maintained with KGI and the Client shall not withdraw the same until the Open Contract to which it relates has been closed out.

  • This is calculated for all deliverable Open Contract Positions at close of business on D-2 (which corresponds to M-2 for the first delivery day and M-1 for the second).

  • Submission of delivery intentions for ICE Endex French PEG Natural Gas Futures Contract By 11:30 CET Buyer and Seller must, for all deliverable Open Contract Positions, submit their delivery intentions via ECS for the ICE Endex French PEG Natural Gas Futures Contract.


More Definitions of Open Contract

Open Contract means any open purchase contract or open sale contract;
Open Contract means a contract, on the terms of a Contract Series, which is registered with a Clearing Facility under the Clearing Rules and any contract which replaces that contract through the transfer, adjustment or settlement to market of that contract under the Clearing Rules.
Open Contract means a Futures Contract or an Options Contract which has not been closed out;
Open Contract means a Client Contract or Contract which has not been closed out;
Open Contract or "open position" means, as the case may be, (a) an open contract or open position as defined in HKFE Rules, and/or (b) an Exchange Contract or a F/O Contract other than a closed out contract;
Open Contract a Futures Contract or an Options Contract which has not been closed out;
Open Contract. ’ means any commodity or commodity option position held by any person on or subject to the rules of a board of trade which have not expired, been exercised, or offset. See