Common use of Currency conversion rates Clause in Contracts

Currency conversion rates. Investing in financial instruments with an Underlying Asset listed in a currency other than your base currency entails a currency risk as the financial instrument is settled in a currency other than your base currency and hence the value of your return may be affected by its conversion into the base currency. The currency conversion rates used by the Company are taken by the European Central Bank’s official website. In addition to the above, the Company charges the following fees: 1) Inactivity/ Dormant Account Fee: Accounts without trading activity, open and/or close of any trades, for a consecutive period of 60 days shall be classified as Inactive Accounts and will be charge such fee as per the details outline in Clause 36.

Appears in 5 contracts

Samples: Client Agreement, Client Agreement, Client Agreement

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Currency conversion rates. Investing in financial instruments with an Underlying Asset listed in a currency other than your base currency entails a currency risk as the financial instrument is settled in a currency other than your base currency and hence the value of your return may be affected by its conversion into the base currency. The currency conversion rates used by the Company are taken by the European Central Bank’s official website. In addition to the above, the Company charges the following fees: 1) Inactivity/ Dormant Account Fee: Accounts without trading activity, open and/or activity (trading activity shall mean open/close of any trades, a trade or deposit) for a consecutive period of 60 31 days shall be classified as Inactive Accounts and will be charge such fee as per the details outline in Clause 36.

Appears in 2 contracts

Samples: Client Agreement, Client Agreement

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Currency conversion rates. Investing in financial instruments with an Underlying Asset listed in a currency other than your base currency entails a currency risk as the financial instrument is settled in a currency other than your base currency and hence the value of your return may be affected by its conversion into the base currency. The currency conversion rates used by the Company are taken by the European Central Bank’s official website. In addition to the above, the Company charges the following fees: 1) Inactivity/ Dormant Account Fee: Accounts without trading activity, activity (open and/or close of any trades, trade or deposit) for a consecutive period of 60 days shall be classified as Inactive Accounts and will be charge such fee as per the details outline in Clause 36.

Appears in 1 contract

Samples: Client Agreement

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