Common use of Option Accounts Clause in Contracts

Option Accounts. All options transactions and exercises are subject to the rules and customs of The Options Clearing Cor- poration and of the marketplace where they are executed, as well as to Applicable Laws. Commissions and other charges related to the execution of option transactions are included on the confirmations for such transactions, which will be sent to you (copies of confirmations are available upon request). Assignment notices for option contracts are allocated among client short positions pursuant to an automated procedure that randomly selects from all client short option positions those contracts that are subject to assignment, which includes positions established on the day of assignment. Additional information pertaining to the procedures used for random selection is available upon request.

Option Accounts. All options transactions and exercises are subject to the rules and customs of The Options Clearing Cor- poration and of the marketplace where they are executed, as well as to Applicable Laws. Commissions and other charges related to the execution of option transactions are included on the confirmations for such transactions, which will be sent to you (copies of confirmations are available upon request). Assignment notices for option contracts are allocated among client short positions pursuant to an automated procedure that randomly selects from all client short option positions those contracts that are subject to assignment, which includes positions posi- tions established on the day of assignment. Additional information informa- tion pertaining to the procedures used for random selection is available upon request.