Customer hereby also grants to ATM Capital the right to pledge, re-pledge, hypothecate, invest or loan, either separately or with the property of other customers, to itself or to others, any funds, securities, currencies, and foreign currency or off-exchange options transactions of Customer held by ATM Capital as margin or security. ATM Capital shall at no time be required to deliver to Customer the identical property delivered to or purchased by ATM Capital for any Account of Customer.