Position Limits Sample Clauses

Position Limits. We may require you to limit the number of open positions which you may have with us at any time and we may in our sole discretion close out any one or more Transactions in order to ensure that such position limits are maintained.

Position Limits. (a) The Trust, on behalf of the Customer, agrees to comply with the position limits established by Relevant Law, to notify DBSI promptly if it is required to file any position report and, upon request, promptly to provide copies of any such reports to DBSI. (b) Upon reasonable notice to Customer, DBSI may limit the size and number of open Contracts (net or gross) that Customer may execute, clear and/or carry with it. DBSI’s position limits may be more restrictive than the limits imposed under Relevant Law. The Trust, on behalf of the Customer, agrees that it will not place any order, which, if filled, would cause Customer to exceed these limits. Further, DBSI may require Customer to liquidate any open positions carried in Customer’s Account, and may refuse to accept any order of Customer establishing a new position in order to comply with such limits. (c) DBSI may in its sole discretion select executing brokers, clearing and non-clearing brokers and floor brokers, whether or not affiliated or related to DBSI, to execute, clear or carry Customer’s transactions hereunder.

Position Limits. Customer shall not, either alone or in combination with others, violate any position or exercise limit established by or under Applicable Law. If Customer intends at any time to exceed such position limits, Customer shall cause to be filed an application with the CFTC or the relevant contract market requesting authorization for Customer to exceed such position limits and shall provide UBS-S LLC with a copy of such application and such other information as UBS-S LLC may reasonably request with respect to such application. Customer shall immediately (and no later than within one business day) notify UBS-S LLC of any positions for which Customer is required to file reports under Applicable Law, including any large trader reports filed with the CFTC or any contract market. Customer shall indemnify and hold UBS-S LLC harmless from and against all claims, damages, fines or assessments of any kind whatsoever, including reasonable attorneys' fees in connection with the defense thereof, made and incurred in connection with any violation by Customer of its obligations under this Section 5(b).

Position Limits. Each party acknowledges and agrees to be bound by the Conduct Rules of the Financial Industry Regulatory Authority, Inc. applicable to transactions in options, and further agrees not to violate the position and exercise limits set forth therein.]

Position Limits. Goldman shall have the right, whenever in its discretion it deems it necessary, to limit the size and number of open Contracts (net or gross) that Goldman will at any time execute, clear and/or carry for Customer, to require Customer to reduce open positions carried with Goldman, and to refuse acceptance of orders to establish new positions. Customer shall comply with all position limit rules imposed by Applicable Law. Customer shall promptly notify Goldman if Customer is required to file any position report with any regulatory or self-regulatory authority and shall promptly file and provide Goldman with copies of any such report.

Position Limits. 2.1 The Position Limits and LOPR Rules say that you may not hold or control futures contracts or stock options contracts in excess of the prescribed limit. Upon prior authorization obtained pursuant to the rules, a person may be authorized to hold or control futures contracts or stock option contracts in excess of the prescribed limit. Please refer to the Position Limits and LOPR Rules and the Guidance Notes for more details and respective requirements. 2.2 The prescribed limit for each futures or stock options contract traded on the Hong Kong Stock Exchange is set out in the Schedules to the Position Limits and LOPR Rules. 2.3 In addition to any powers and sanctions imposed by the Position Limits and LOPR Rules, Hong Kong Stock Exchange may require an exchange participant to immediately reduce a position below the prescribed limits pursuant to its own rules. You will need to comply with such request accordingly. Please refer to part B below for further details.

Position Limits. (a) Customer agrees to comply with the position limits established by Relevant Law, to notify DBSI promptly if it is required to file any position report and, upon request, promptly to provide copies of any such reports to DBSI. (b) Upon reasonable notice to Customer, DBSI may limit the size and number of open Contracts (net or gross) that Customer may execute, clear and/or carry with it. DBSI’s position limits may be more restrictive than the limits imposed under Relevant Law. Customer agrees that it will not place any order, which, if filled, would cause Customer to exceed these limits. Further, DBSI may require Customer to liquidate any open positions carried in Customer’s Account, and may refuse to accept any order of Customer establishing a new position in order to comply with such limits. (c) DBSI may in its sole discretion select executing brokers, clearing and non-clearing brokers and floor brokers, whether or not affiliated or related to DBSI, to execute, clear or carry Customer’s transactions hereunder.

Position Limits. The Hong Kong Rules say that the Client may not hold or control futures contracts or stock options contracts in excess of the prescribed limit, unless the Client has obtained the prior authorisation of the Hong Kong regulators. For example, the prescribed limit for Hang Seng Index futures and options contracts and Mini-Hang Seng Index futures and options contracts is 10,000 long or short position delta limit for all contract months combined, provided the position delta for the Mini-Hang Seng Index futures contracts or Mini-Hang Seng Index options contracts shall not at any time exceed 2,000 long or short for all contract months combined. For many futures contracts and stock options contracts, the position limit is set at 5,000 contracts for any one contract/expiry month. The prescribed limit for each contract traded on the Hong Kong exchanges is set out in the Hong Kong Rules.

Position Limits. Client agrees that IBKR, in its sole discretion, may establish position limits and/or may limit the number of open positions that Client may execute or hold through IBKR. Client agrees: (i) not to enter into any transaction that would have the effect of exceeding such position limits; (ii) that IBKR may at any time reduce open positions by issuing closeout or offsetting trades, or require Client to reduce open positions; and (iii) that IBKR may refuse for any reason to accept orders to establish new positions. IBKR may impose and enforce such limits, reduction or refusal even if not required to do so by law or regulation. Client shall comply with all position limits established by IBKR, any regulatory or self-regulatory organization, or by any exchange. Client agrees to submit immediate Notice to IBKR if required to file position reports with any regulatory or self-regulatory organization or with any exchange, and agrees to promptly provide IBKR with copies of any such position reports.