Common use of Conversion of Foreign Currency Amounts Clause in Contracts

Conversion of Foreign Currency Amounts. 7.3.1. If you direct CM Trading to fund Margin from funds denominated in a currency other than the Account Base Currency, CM Trading will be authorized to convert those funds for Margin at a rate of exchange reasonably determined by CM Trading. CM Trading will not be liable to you for any exchange rate loss suffered by you as a result of any such conversion.

Appears in 4 contracts

Samples: Service Agreement, Service Agreement, Trading Agreement

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