Retail Client
Any client who is not a qualified client or an institutional client.
Return of Capital
A cash distribution arising from depreciation tax savings, from the sale of a capital asset or securities in an investment portfolio, or from any other transaction not related to retained earnings.
Intangible Assets
These are assets that cannot be physically touched but still hold financial value — such as trademarks, patents, and copyrights. They are recorded in financial statements and factor into company valuations.
Unconditional as to Acceptances
For the purposes of the Merger and Acquisition Regulations, it means that the offer has become unconditional in terms of the offeror obtaining the approval of the shareholders in the offeree company.
Company’s Articles of Association
A written agreement between a group of persons that includes the clauses, provisions, and terms for establishing the company in accordance with the law.
General Partnership Agreement
An agreement between the partners that includes the fundamental clauses of the arrangement — such as the company’s name, the capital, and the profit or loss distribution ratios.
Equity-Linked Options Contracts
It’s one of the equity-linked options contracts traded between the seller and the buyer through the clearing house.
Risk Premium
It’s the difference between the future exchange rate and the expected future spot rate, representing the compensation that investors require in return for bearing the risks of exchange rate fluctuations, economic uncertainty, or the risks associated with the country or market over the investment period.
Market depth
It refers to the ability to sell or buy a certain quantity of an asset without affecting its market price.
Clearing Process
The process by which the net rights and obligations of trading parties arising from any trading contract are calculated for the delivery of securities or the settlement of their value on the designated settlement date.