Common use of Levies and Charges Clause in Contracts

Levies and Charges. Every transaction executed on any exchange shall be subject to any levies or charges that such exchange may from time to time impose. CIF is authorized to collect from Client any such levies in accordance with the rules prescribed by such exchange from time to time. With respect to transactions executed on the HKFE, CIF is authorized to collect from Client for every contract the charge of a Compensation Fund levy and a levy pursuant to the SFCO. The costs of these shall be borne by Client and CIF is authorized to collect from these from Client.

Appears in 5 contracts

Samples: Securities and Futures Client Agreement, Securities and Futures Client Agreement, Securities and Futures Client Agreement

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