Open Contracts definition

Open Contracts a Futures Contract or an options contract which has not been closed out “Options Exchange Participant” a person registered by the Stock Exchange as either an Options Trading Exchange Participant or an Options Broker Exchange Participant (pursuant to Chapter 2 of the Options Trading Rules)
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Open Contracts means contracts of purchase or sale of any commodity made by, or for any person on, or subject to the rules of a board of trade for future delivery during a specified month or delivery period which have not been fulfilled by delivery nor offset by other contracts of sale or purchase in the same commodity and delivery month;
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Open Contracts means contracts entered into by the Company (or any of them) for the supply of clinical trials services which contracts do not provide for a limit on the liability of such Company in relation to the supply of those services;
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Examples of Open Contracts in a sentence

  • If the relevant Clearing House and/or Broker does not allocate long Open Contracts at maturity directly to a specific account of ours or to short Client Contracts (or vice versa) we may allocate those Contracts at random or in a way which seems to us to be most equitable as between clients.

  • Without prejudice to the provisions of clause 3.5 of this Part E, Client’s failure to meet such calls may result in Galaxy International Futures being entitled or obliged by the rules or regulations of the relevant Exchange and/or Clearing House to close out the Open Contracts held on behalf of the Client in respect of which calls have not been met, and/or to notify the relevant Exchange, Clearing House or broker particulars of such Open Contracts.

  • Galaxy International Securities and/or Galaxy International Futures is obliged to report to the Futures Exchange particulars of all Open Contracts in respect of which the Client has failed on two successive occasions to meet a demand for margin or additional margin or variation adjustments and Galaxy International Securities and/or Galaxy International Futures may close out the Client’s Open Contracts in respect of which any demand for margin or additional margin variation adjustments has not been met.

  • Without prejudice to the foregoing, any termination shall not affect the rights or liabilities of either party arising out of or in connection with any Open Contracts at the time of such termination, including as to Margin, until all such Contracts have been closed out or settlement and/or delivery has been effected and all such liabilities fully discharged.

  • Without prejudice to the provisions of Clause 10, failure to meet such calls may result in KGI being entitled or obliged by the rules or regulations of the relevant Exchange and/ or Clearing House to close out the Open Contracts held on behalf of the Client in respect of which any Margin calls are not met within the period specified by KGI or at the time of making such call(s), and/or to notify the relevant Exchange, Clearing House, broker or Correspondent Broker particulars of such Open Contracts.

  • Failure to meet such calls may result in KAB being obliged by the rules or regulations of the relevant Exchange and/or Clearing House to close out the Open Contracts held on behalf of the Client in respect of which calls have not been met, and/or to notify the relevant Exchange, Clearing House, Broker or Executing Agent particulars or such Open Contracts.

  • The Client is responsible to pay any deficit owing to GAM after closing out any Open Contracts and if the Client defaults in payment of such deficit, GAM may apply any Margin towards settlement of such deficit.

  • Failure to meet any demand for Margin within the period specified by the Broker or at the time of making such call or demand for Margin will constitute an Event of Default and the Broker may exercise any of its rights under Clause 9.2 and may close out any Open Contracts in respect of which demand for Margin has not been met.

  • TAI shall purchase the Open Contracts at the TAI truck bid on the Effective Date.

  • Upon termination of this Agreement, the ASX Clear Participant will close out all Open Contracts registered in the Client's Account, unless, in accordance with a direction from the Client, the registration of those contracts is transferred to another Clearing Participant in accordance with the ASX Clear Operating Rules.


More Definitions of Open Contracts

Open Contracts an options contract which has not been closed out. 「未平倉合約」- 指尚未平倉的期權合約。
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Related to Open Contracts

  • Seller Contracts means all contracts or agreements to which Seller is a party or to which any of its material assets are bound.

  • Transferred Contracts has the meaning ascribed to it in Section 2.1(c).

  • IT Contracts means any agreements, licences or other contractual arrangements with third parties relating to the IT Systems or IT Services, including licences of all software, leases of hardware and other procurement of IT Systems or IT Services;

  • Assumed Contracts has the meaning set forth in Section 2.1(d).

  • Applicable Contracts has the meaning set forth in Section 2.15(a).