Common use of CLOSING A MARGIN FX CONTRACT OR CFD Clause in Contracts

CLOSING A MARGIN FX CONTRACT OR CFD. ‌ 12.1 When can a Margin FX Contract or CFD (other than an Index Futures CFD or Commodity CFD) be closed?‌ A Margin FX Contract or CFD (other than an Index Futures CFD or a Commodity CFD, which are together referred to in this clause as “Excepted Contracts”) may be closed out if: (a) You give instructions to close a Margin FX Contract or CFD other than an Excepted Contract by entering into an equal and opposite Contract irrespective of the date on which either Contract closes automatically under clause 12.3 as follows:

Appears in 2 contracts

Samples: Client Agreement, Client Agreement

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CLOSING A MARGIN FX CONTRACT OR CFD. 12.1 When can a Margin FX Contract or CFD (other than an Index Futures CFD or Commodity CFD) be closed?‌ closed? A Margin FX Contract or CFD (other than an Index Futures CFD or a Commodity CFD, which are together referred to in this clause as “Excepted Contracts”) may be closed out if: (a) You give instructions to close a Margin FX Contract or CFD other than an Excepted Contract by entering into an equal and opposite Contract irrespective of the date on which either Contract closes automatically under clause 12.3 as follows:clause

Appears in 2 contracts

Samples: Client Agreement, Client Agreement

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CLOSING A MARGIN FX CONTRACT OR CFD. ‌ 12.1 12.1. When can a Margin FX Contract contract or CFD (other Other than an Index Futures CFD or Commodity CFD) can be closed?‌ closed? A Margin FX Contract or CFD (other than an Index Futures CFD or a Commodity CFD, which are together referred to in this clause as “Excepted Contracts”) may be closed out if: (a) You give instructions instruc�ons to close a Margin FX Contract or CFD other than an Excepted Contract by entering into an equal and opposite Contract irrespective irrespec�ve of the date on which either Contract closes automatically automa�cally under clause 12.3 as follows:

Appears in 1 contract

Samples: Client Agreement

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