Underlying Exchange definition

Underlying Exchange means the exchange on which an Underlying Security is listed;

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Underlying Exchange means, in respect of the relevant ETD Contract, the Trading Venue in respect of such ETD Contract specified in Table 4 of Part E (Data) in the column headed "Underlying Exchange", or any successor to any such Trading Venue, or any substitute Trading Venue to which trading in such ETD Contract has temporarily relocated, provided that, in the determination of the Index Calculation Agent, there is comparable liquidity in such ETD Contract on such temporary substitute Trading Venue as on the relevant original Trading Venue.

Underlying Exchange means the underlying exchange pursuant to Condition 8.

Examples of Underlying Exchange in a sentence

• For a discussion of the investment risks related to each Portfolio and its Underlying Investments, please see “Exhibit B - Investment Portfolios and Underlying Investments” and “Exhibit C - Underlying Exchange Traded Fund Information”.

• The Underlying Investment in which each Individual Fund ETF Portfolio is invested are set forth in “Exhibit C – Underlying Exchange Traded Fund Information.” The Individual Fund ETF Portfolios are designed for Account Owners seeking a more focused investment strategy.

• See “Exhibit B - Investment Portfolios and Underlying Investments”, “Exhibit C - Underlying Exchange Traded Fund Information” and the respective prospectuses of the underlying mutual funds and exchange-traded funds for a description of the risks associated with the Underlying Investments in which the Portfolios invest.

• The Trustee, as holder of the Underlying Security, shall not, for the term of this Agreement, exchange the Underlying Security for any other security pursuant to the Underlying Exchange Trust Agreement.

• The Underlying Exchange shall be based on the proportionate holdings of all Convertible Bonds issued and outstanding, and may take place in stages.

• If the Underlying Instrument for the Stock CFD is being delisted from the Underlying Exchange, the Company shall have the right to close the position opened on such a Stock CFD on the last Trading Day, or after delisting of Underlying Instrument at the last available Market Price of the Underlying Instrument, and at the same time the Company shall inform the Client if such circumstances occur.

• In the case of technical events that are beyond the Company’s control, a Reference Institution may refuse to place an order on the Underlying Exchange or withdraw an already placed order from the Underlying Exchange resulting from the Client Order on a given Stock CFD.

• In such a situation, the Company shall close the OTC Derivatives at a current market price in accordance with market regulations of the Underlying Exchange and taking into account the liquidity of the Underlying Instrument, subject to clause 18.4 further below.

• Information on the various Portfolios and a summary description of the Underlying Investments is included in “Exhibit B – Investment Portfolios and Underlying Investments” and “Exhibit C – Underlying Exchange Traded Fund Information”.

More Definitions of Underlying Exchange

Underlying Exchange. ’ means the exchange specified as such in the relevant Supplemental Listing Document;

Underlying Exchange means a regulated market or a multilateral trading facility (the “MTF”), where the Underlying OTC Derivative are quoted. “Underlying Instrument” Shall mean an instrument whose market price constitutes the basis to determine the Financial Instrument price, in particular securities, currency rates, values of stock exchange indices, interest rates, futures, contracts for differences and commodities. “Underlying Instrument Market Price” Shall mean the current price of the Underlying Instrument as quoted on the market indicated respectively by the Company or the source indicated by the Company in the current Condition Tables or provided by the Partner or the Company itself. “User Manual” Shall mean a description of the operation of the particular trading platform available on the Company’s Website. “Website” Shall mean the Company’s website at ▇▇▇▇://▇▇▇.▇▇▇.▇▇▇/ae or such other website as the Company may maintain from time to time. Words importing the singular shall import the plural and vice versa. Words importing the masculine shall import the feminine and vice versa. Words denoting persons include corporations, partnerships, other unincorporated bodies, and all other legal entities and vice versa. Paragraph headings are for ease of reference only. Any reference to any act or regulation or Law shall be that act or regulation, or Law as amended, modified, supplemented, consolidated, re-enacted, or replaced from time to time, all guidance noted, directives, statutory instruments, regulations, or orders made pursuant to such and any statutory provision of which that statutory provision is a re-enactment, replacement, or modification. Whenever a reference to time is made in the Trading Account it shall be understood as the Central European Time (CET) Or Central European Summer Time (CEST), unless specified otherwise. Nothing in this GTC shall exclude or limit any duty or liability which we have to you or vice versa under the DFSA Rules or any other relevant rules and regulations. In the event of a conflict between this GTC and the DFSA Rules, the DFSA Rules would apply. We reserve the right to periodically review and / or amend this GTC partly or completely and thereafter publish the latest version, on our website. Subsequent new versions of this GTC will supersede all earlier versions.

Underlying Exchange means the exchange specified as such in the relevant Launch Announcement and Supplemental Listing Document;