Common use of Foreign Currency Transactions Clause in Contracts

Foreign Currency Transactions. If the Broker Member enters into a Transaction which is effected in a Currency ("foreign Currency") other than the Currency provided by the Client to the Broker Member then, any profit or loss arising from a fluctuation in the exchange rate affecting the foreign Currency will be for the Client's account and risk. Unless the Client gives the Broker Member specific written instruction to the contrary, upon liquidation of such Transaction the Broker Member shall, at its option, debit or credit the Client's account, in such foreign Currency or other Currency as the Broker Member shall reasonably select at the rate prevailing at the time of the liquidation.

Foreign Currency Transactions. If the Broker Member enters into a Transaction which is effected in a Currency ("“foreign Currency"”) other than the Currency provided by the Client to the Broker Member then, any profit or loss arising from a fluctuation in the exchange rate affecting the foreign Currency will be for the Client's ’s account and risk. Unless the Client gives the Broker Member specific written instruction to the contrary, upon liquidation of such Transaction the Broker Member shall, at its option, debit or credit the Client's ’s account, in such foreign Currency or other Currency as the Broker Member shall reasonably select at the rate prevailing at the time of the liquidation.

Foreign Currency Transactions. If the Broker Member enters into a Transaction which is effected in a Currency ("foreign Currency") other than the Currency provided by the Client to the Broker Member then, any profit or loss arising from a fluctuation in the exchange rate affecting the foreign Currency will be for the Client's ’s account and risk. Unless the Client gives the Broker Member specific written instruction to the contrary, upon liquidation of such Transaction the Broker Member shall, at its option, debit or credit the Client's ’s account, in such foreign Currency or other Currency as the Broker Member shall reasonably select at the rate prevailing at the time of the liquidation.

Foreign Currency Transactions. If the Broker Member enters into a Transaction which is effected in a Currency ("foreign Currency") other than the Currency provided by the Client to the Broker Member then, any profit or loss arising from a fluctuation in the exchange rate affecting the foreign Currency will be for the Client's account and risk. Unless the Client gives the Broker Member specific written instruction to the contrary, upon liquidation of such Transaction the Broker Member shall, at its option, debit or credit the Client's account, in such foreign Currency or other Currency as the Broker Member shall reasonably select at the rate prevailing at the time of the liquidation.

Foreign Currency Transactions. If the Broker Member enters into a Transaction which is effected in a Currency ("”foreign Currency"“) other than the Currency provided by the Client to the Broker Member then, any profit or loss arising from a fluctuation in the exchange rate affecting the foreign Currency will be for the Client's ’s account and risk. Unless the Client gives the Broker Member specific written instruction to the contrary, upon liquidation of such Transaction the Broker Member shall, at its option, debit or credit the Client's ’s account, in such foreign Currency or other Currency as the Broker Member shall reasonably select at the rate prevailing at the time of the liquidation.