FOREX Sample Clauses

FOREX. Forex, also known as foreign exchange, FX or currency trading, is a decentralized global market where all the world's currencies trade.

FOREX. Transactions conducted outside Malaysia will be converted to Ringgit Malaysia on the date the transaction is received and/or processed. The exchange rate may differ from the rate charged on the date of transaction due to market fluctuation. Exchange rate will be based on the rate determined by Visa International, MasterCard International or American Express at its absolute discretion plus a foreign exchange fee of 1.25%. In addition, an administrative fee of 1% or at such other rate imposed by Maybank shall be charged for the conversion of the transaction made in foreign currency.

FOREX. Urus niaga yang dilakukan di luar Malaysia akan ditukar kepada Ringgit Malaysia pada tarikh butiran diterima/atau diproses. Kadar pertukaran mungkin berbeza daripada kadar harian urus niaga kerana turun naik pasaran. Kadar pertukaran adalah berdasarkan xxxxx xxxx ditentukan oleh Visa International, MasterCard International atau American Express mengikut budi bicara mutlak mereka termasuk fi pertukaran asing sebanyak 1.25%. Selain dari itu, fi pentadbiran pada kadar 1% atau kadar xxxx xxxx akan dikenakan oleh Maybank akan dikenakan untuk penukaran transaksi yang dibuat dalam xxxx xxxx xxxxx.

FOREX. Symbol Tier 1 Range Min Margin Required Max Leverage Tier 2 Range Min Margin Required Max Leverage Tier 3 Range Min Margin Required Max Leverage CAD/CHF 0 - 50,000,000 3.334% 1:30 > 50,000,000 5.0% 1:20 CAD/JPY 0 - 50,000,000 3.334% 1:30 > 50,000,000 5.0% 1:20 CHF/JPY 0 - 50,000,000 3.334% 1:30 > 50,000,000 5.0% 1:20 CHF/PLN 0 - 10,000,000 5.0% 1:20 > 10,000,000 10% 1:10 EUR/CAD 0 - 50,000,000 3.334% 1:30 > 50,000,000 5.0% 1:20 EUR/CZK 0 - 10,000,000 5.0% 1:20 > 10,000,000 10% 1:10 EUR/GBP 0 - 50,000,000 3.334% 1:30 > 50,000,000 5.0% 1:20 EUR/HUF 0 - 20,000,000 5.0% 1:20 > 20,000,000 10% 1:10 EUR/JPY 0 - 50,000,000 3.334% 1:30 > 50,000,000 5.0% 1:20 EUR/NOK 0 - 10,000,000 5.0% 1:20 > 10,000,000 7.5% 1:13 EUR/PLN 0 - 10,000,000 5.0% 1:20 > 10,000,000 7.5% 1:13 EUR/XXX 0 - 10,000,000 5.0% 1:20 > 10,000,000 10% 1:10 EUR/RUB 0 - 10,000,000 5.0% 1:20 > 10,000,000 10% 1:10 EUR/SEK 0 - 10,000,000 5.0% 1:20 > 10,000,000 7.5% 1:13 EUR/TRY 0 - 10,000,000 5.0% 1:20 > 10,000,000 10% 1:10 EUR/USD 0 - 50,000,000 3.334% 1:30 > 50,000,000 5.0% 1:20 GBP/CAD 0 - 25,000,000 3.334% 1:30 > 25,000,000 5.0% 1:20 GBP/CHF 0 - 25,000,000 3.334% 1:30 > 25,000,000 5.0% 1:20 GBP/JPY 0 - 35,000,000 3.334% 1:30 > 35,000,000 5.0% 1:20 GBP/XXX 0 - 10,000,000 5.0% 1:20 > 10,000,000 10% 1:10 GBP/SGD 0 - 10,000,000 5.0% 1:20 > 10,000,000 10% 1:10 GBP/TRY 0 - 10,000,000 5.0% 1:20 > 10,000,000 10% 1:10 GBP/USD 0 - 35,000,000 3.334% 1:30 > 35,000,000 5.0% 1:20 GBP/ZAR 0 - 6,000,000 5.0% 1:20 6,000,000 - 10,000,000 7.5% 1:13 > 10,000,000 10% 1:10 USD/BRL 0 - 5,000,000 5.0% 1:20 5,000,000 - 10,000,000 10% 1:10 > 10,000,000 25% 1:4 USD/CAD 0 - 50,000,000 3.334% 1:30 > 50,000,000 5.0% 1:20 USD/CHF 0 - 50,000,000 3.334% 1:30 > 50,000,000 5.0% 1:20 USD/CNH 0 - 5,000,000 5.0% 1:20 5,000,000 - 10,000,000 10% 1:10 > 10,000,000 25% 1:4 USD/CZK 0 - 10,000,000 5.0% 1:20 > 10,000,000 10% 1:10 USD/DKK 0 - 10,000,000 5.0% 1:20 > 10,000,000 10% 1:10 USD/HUF 0 - 5,000,000 5.0% 1:20 5,000,000 - 10,000,000 7.5% 1:13 > 10,000,000 10% 1:10 USD/ILS 0 - 5,000,000 5.0% 1:20 5,000,000 - 10,000,000 7.5% 1:13 > 10,000,000 25% 1:4 USD/INR 0 - 5,000,000 5.0% 1:20 5,000,000 - 10,000,000 10% 1:10 > 10,000,000 25% 1:4 USD/JPY 0 - 50,000,000 3.334% 1:30 > 50,000,000 5.0% 1:20 USD/MXN 0 - 10,000,000 5.0% 1:20 > 10,000,000 10% 1:10 USD/NOK 0 - 10,000,000 5.0% 1:20 > 10,000,000 7.5% 1:13 USD/PLN 0 - 10,000,000 5.0% 1:20 > 10,000,000 10% 1:10 USD/XXX 0 - 10,000,000 5.0% 1:20 > 10,000,000 10% 1:10 USD/RUB 0 - 10,000,000 5.0% 1:20 >...

FOREX. Forex trading involves buying and/or selling one foreign currency against another. The Forex market has a turnover of more than 4 trillion dollars a day and is available for trading almost 24 hours a day. Contract specification: PRODUCT CONTRACT SIZE LEVERAGE 1:200 AUDJPY $100,000 21 84 $50 AUDCAD $100,000 24 96 $50 AUDCHF $100,000 24 96 $50 AUDNZD $100,000 23 92 $50 AUDUSD $100,000 10 40 $50 CADJPY $100,000 28 112 $50 CHFJPY $100,000 24 96 $50 EURAUD $100,000 25 100 $50 EURCAD $100,000 29 116 $50 EURCHF $100,000 22 88 $50 EURGBP $100,000 15 60 $100 EURJPY $100,000 17 68 $50 EURNZD $100,000 36 144 $50 EURUSD $100,000 10 40 $50 GBPAUD $100,000 30 120 $100 GBPCAD $100,000 30 120 $100 GBPJPY $100,000 28 112 $100 GBPNZD $100,000 46 184 $100 GBPUSD $100,000 12 48 $100 NZDJPY $100,000 22 88 $50 NZDUSD $100,000 18 72 $50 USDCAD $100,000 13 52 $50 USDCHF $100,000 15 60 $100 USDJPY $100,000 10 40 $50 PRODUCT CONTRACT SIZE LEVERAGE 1:500 AUDJPY $100,000 21 84 $2 AUDCAD $100,000 24 96 $2 AUDCHF $100,000 24 96 $2 AUDNZD $100,000 23 92 $2 AUDUSD $100,000 10 40 $2 CADJPY $100,000 28 112 $2 CHFJPY $100,000 24 96 $2 EURAUD $100,000 25 100 $2 EURCAD $100,000 29 116 $2 EURCHF $100,000 22 88 $2 EURGBP $100,000 15 60 $2 EURJPY $100,000 17 68 $2 EURNZD $100,000 36 144 $2 EURUSD $100,000 10 40 $2 GBPAUD $100,000 30 120 $4 GBPCAD $100,000 30 120 $4 GBPJPY $100,000 28 112 $4 GBPNZD $100,000 46 184 $4 GBPUSD $100,000 12 48 $4 NZDJPY $100,000 22 88 $2 NZDUSD $100,000 18 72 $2 USDCAD $100,000 13 52 $2 USDCHF $100,000 15 60 $2 USDJPY $100,000 10 40 $2 Sunday 23:05-24:00 23:12-24:00 Monday 00:00-23.00, 23:05-24:00 00:00-23.00, 23:12-24:00 Tuesday 00:00-23.00, 23:05-24:00 00:00-23.00, 23:12-24:00 Wednesday 00:00-23.00, 23:05-24:00 00:00-23.00, 23:12-24:00 Thursday 00:00-23.00, 23:05-24:00 00:00-23.00, 23:12-24:00 Friday 00:00-22:55 00:00-22:55 Saturday Off Off • DST On (Daily Maintenance Starts 1 Hour Earlier) Quote & Trade Forex 23:05 - 22:55 (Meta Time) Quote & Trade starts from Sunday 23:05 (Meta Time) • DST Off (Daily Maintenance Normal) Quote & Trade Forex 00:05 - 23:55 (Meta Time) Quote & Trade starts from Monday 00:05 (Meta Time) • DAYLIGHT SAVING TIME Quote & Trade Forex Monday – Thursday at 00:05 – 24:00 (Meta Time) Quote & Trade Forex Friday at 00:00 – 23:55 (Meta Time) For all Forex pairs, one hour before the market closes until one hour after the market opens is designated only for closing existing positions (Close Only).

FOREX. 3.1 In respect of every Transaction made between us we shall act as principal with you. 3.2 Transactions in Forex involve you taking a position with regard to what you consider the price of one currency will be against the price of another currency in the future. In order to do this, you will trade in a currency pair with us, for example Euro/US Dollar (EUR/USD) or US Dollar/Japanese Yen (USD/JPY). A list of some examples of the currency pairs that we offer is at our website xxx.xxxxxxxxxxx.xxx. 3.3 Currency pairings are expressed as two codes usually separated by a division symbol (e.g. GBP/USD), the first representing the "base currency" and the other the "secondary currency". The price quoted is the value of the secondary currency expressed in terms of one unit of the base currency. For example, GBP/USD = 2.0045 denotes that one unit of sterling (the base currency) can be exchanged for 2.0045 US dollars (the secondary currency). The prices that we quote for each currency pair are normally labelled as the “Bid Price” and the “Offer Price”. 3.4 The Bid Price is the price that we will pay you in the secondary currency for the position in the base currency. The Offer Price is the price you will pay us in the secondary currency for the position in the base currency. The Bid Price will always be less than the Offer Price. The difference between the Bid and the Offer price is known as the “Spread”. We make a profit from the spread. In general, the wider the Spread the greater our profit. 3.5 You can take a view on the price of the base currency increasing by “Going Long” or you can take a view on the price of the base currency decreasing by “Going Short”. For example, if you consider that the price of Sterling will increase against the price of the US Dollar you will decide to take a position with us where you will Go Long (or buy) GBP/USD. If, by contrast, you consider that the price of Sterling will drop against 3.6 If you were Going Long, the opening price of the currency pair would be fixed at our Offer Price. If our Bid Price at the end of the contract is greater than our Offer Price at the commencement of the contract then, subject to the deduction of applicable charges, you will receive a sum calculated by multiplying the number of units of the base currency by the difference between the opening Offer Price and the closing Bid Price of the currency pair. However, if the Bid Price for the currency pair at the end of the contract does not exceed the Offer...

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Third Party Foreign Exchange Transactions The Custodian shall process foreign exchange transactions (including without limitation contracts, futures, options, and options on futures), where any third party acts as principal counterparty to the Trust on the same basis, if any, that it performs duties as agent for the Trust with respect to any other of the Trust’s investments. Accordingly, the Custodian shall only be responsible for delivering or receiving currency on behalf of the Trust in respect of such contracts pursuant to Written Instructions. The Custodian shall not be responsible for the failure of any counterparty (including any Sub-custodian) in such agency transaction to perform its obligations thereunder. The Custodian (a) shall transmit cash and Written Instructions to and from the currency broker or banking institution with which a foreign exchange contract or option has been executed pursuant hereto, (b) may make free outgoing payments of cash in the form of Dollars or foreign currency without receiving confirmation of a foreign exchange contract or option or confirmation that the countervalue currency completing the foreign exchange contract has been delivered or received or that the option has been delivered or received, (c) may, in connection with cash payments made to third party currency broker/dealers for settlement of the Trust’s foreign exchange spot or forward transactions, foreign exchange swap transactions and similar foreign exchange transactions, process settlements using the banking facilities selected by Custodian from time to time according to such banking facilities standard terms, and (d) shall hold all confirmations, certificates and other documents and agreements received by the Custodian and evidencing or relating to such foreign exchange transactions in safekeeping. The Trust accepts full responsibility for its use of third-party foreign exchange dealers and for execution of said foreign exchange contracts and options and understands that the Trust shall be responsible for any and all costs and interest charges which may be incurred by the Trust or the Custodian as a result of the failure or delay of third parties to deliver foreign exchange.
Merchant has the power and authority to authorize the automatic funds transfer provided for in the Merchant Agreement;
Foreign Exchange Transactions The Custodian shall, subject to the terms of this Section, settle foreign exchange transactions (including contracts, futures, options and options on futures) on behalf and for the account of the Fund with such currency brokers or banking institutions, including Subcustodians, as the Fund may direct pursuant to Instructions. The Custodian may act as principal in any foreign exchange transaction with the Fund in accordance with Section 7.4.2 of this Agreement. The obligations of the Custodian in respect of all foreign exchange transactions (whether or not the Custodian shall act as principal in such transaction) shall be contingent on the free, unencumbered transferability of the currency transacted on the actual settlement date of the transaction.
Processing Transactions 2 2.1 Timely Pricing and Orders.................................... 2 2.2
Financial Management System Subrecipient shall establish and maintain a sound financial management system, based upon generally accepted accounting principles. Contractor’s system shall provide fiscal control and accounting procedures that will include the following: i. Information pertaining to tuition rates, payments, and educational assistance payments; and
Transaction Processing All orders are subject to acceptance by us and by the Fund or its transfer agent, and become effective only upon confirmation by us. If required by law, each transaction shall be confirmed in writing on a fully disclosed basis and if confirmed by us, a copy of each confirmation shall be sent to you if you so request. All sales are made subject to receipt of shares by us from the Funds. We reserve the right in our discretion, without notice, to suspend the sale of shares of the Funds or withdraw the offering of shares of the Funds entirely. Orders will be effected at the price(s) next computed on the day they are received if, as set forth in the applicable Fund’s current Prospectus, the orders are received by us or an agent appointed by us or the Fund prior to the close of trading on the New York Stock Exchange, generally 4:00 p.m. eastern time (“Close of Trading”). Orders received after that time will be effected at the price(s) computed on the next business day. All orders must be accompanied by payment in U.S. Dollars. Orders payable by check must be drawn payable in U.S. Dollars on a U.S. bank, for the full amount of the investment. If you have entered into a FundSERV Agreement with us to effect transactions in Fund shares through FundSERV, you are hereby authorized to act on our behalf for the limited purpose of receiving purchase, exchange and redemption orders for Fund shares executed through FundSERV. You represent and warrant that all orders for the purchase, exchange or redemption of Fund shares transmitted to FundSERV for processing on or as of a given business day (Day 1) shall have been received by you prior to the Close of Trading on Day 1. Such orders shall receive the share price next calculated following the Close of Trading on Day 1 .You represent and warrant that orders received by you after the Close of Trading on Day 1 shall be treated by you and transmitted to FundSERV as if received on the next business day (Day 2). Such orders shall receive the share price next calculated following the Close of Trading on Day 2. You represent that you have systems in place reasonably designed to prevent orders received after the Close of Trading on Day 1 from being executed with orders received before the Close of Trading on Day 1.
Acquisition Services (i) Serve as the Company’s investment and financial advisor and provide relevant market research and economic and statistical data in connection with the Company’s assets and investment objectives and policies; (ii) Subject to Section 4 hereof and the investment objectives and policies of the Company: (a) locate, analyze and select potential investments; (b) structure and negotiate the terms and conditions of transactions pursuant to which investments in Properties, Loans and other Permitted Investments will be made; (c) acquire, originate and dispose of Properties, Loans and other Permitted Investments on behalf of the Company; (d) arrange for financing and refinancing and make other changes in the asset or capital structure of investments in Properties, Loans and other Permitted Investments; and (e) enter into leases, service contracts and other agreements for Properties, Loans and other Permitted Investments; (iii) Perform due diligence on prospective investments and create due diligence reports summarizing the results of such work; (iv) Prepare reports regarding prospective investments that include recommendations and supporting documentation necessary for the Directors to evaluate the proposed investments; (v) Obtain reports (which may be prepared by the Advisor or its Affiliates), where appropriate, concerning the value of contemplated investments of the Company; (vi) Deliver to or maintain on behalf of the Company copies of all appraisals obtained in connection with the Company’s investments; and (vii) Negotiate and execute approved investments and other transactions, including prepayments, maturities, workouts and other settlements of Loans and other Permitted Investments.
NSCC Solely with respect to orders for the creation or redemption of Creation Units through the Trust’s Clearing Process, the Participant as a Participating Party hereby authorizes the Transfer Agent to transmit to NSCC on behalf of the Participant such instructions, including share and cash amounts as are necessary with respect to the creation and redemption of Creation Units consistent with the instructions issued by the Participant to the Trust telephone representative identified in Attachments A and A-1 hereto (the “Trust Representative”). The Participant agrees to be bound by the terms of such instructions issued by the Transfer Agent and reported to NSCC as though such instructions were issued by the Participant directly to NSCC.
Fund/SERV Transactions If the parties choose to use the National Securities Clearing Corporation’s Mutual Fund Settlement, Entry and Registration Verification (“Fund/SERV”) or any other NSCC service, the following provisions shall apply: The Company and the Fund or its designee will each be bound by the rules of the National Securities Clearing Corporation (“NSCC”) and the terms of any NSCC agreement filed by it or its designee with the NSCC. Without limiting the generality of the following provisions of this section, the Company and the Fund or its designee will each perform any and all duties, functions, procedures and responsibilities assigned to it and as otherwise established by the NSCC applicable to Fund/SERV, the Mutual Fund Profile Service, the Networking Matrix Level utilized and any other relevant NSCC service or system (collectively, the “NSCC Systems”). Any information transmitted through the NSCC Systems by any party or its designee to the other or its designee and pursuant to this Agreement will be accurate, complete, and in the format prescribed by the NSCC. Each party or its designee will adopt, implement and maintain procedures reasonably designed to ensure the accuracy of all transmissions through the NSCC Systems and to limit the access to, and the inputting of data into, the NSCC Systems to persons specifically authorized by such party. On each day on which the New York Stock Exchange is open for trading and on which the Fund calculates its net asset value pursuant to the rules of the SEC (“Business Day”), the Company shall aggregate and calculate the net purchase and redemption orders for each Account received by the Company by the close of the New York Stock Exchange (generally, 4:00 p.m. Eastern Time) (the “Close of Trading”) on the Business Day. The Company shall communicate to the Fund or its designee for that Business Day, by Fund/SERV, the net aggregate purchase or redemption orders (if any) for each Account received by the Close of Trading on such Business Day (the “Trade Date”) no later than 7:00 a.m. Eastern Time (or such other time as may be agreed by the parties from time to time) (the “Fund/SERV Transactions Deadline”) on the Business Day following the Trade Date. All such aggregated orders communicated to the Fund or its designee by the Fund/SERV Transactions Deadline on the Business Day following the Trade Date shall be treated by the Fund or its designee as if received prior to the Close of Trading on the Trade Date. All orders received by the Company after the Close of Trading on a Business Day shall not be aggregated with Orders received by the Company prior to the Close of Trading on such Business Day and shall be communicated to BRIL or its designee as part of an aggregated order no sooner than after the FUND/SERV Transactions Deadline or such other time as may be agreed by the parties from time to time) the following Business Day. Cash settlement shall be transmitted pursuant to the normal NSCC settlement process. In the case of delayed settlement, the Fund or its designee shall make arrangements for the settlement of redemptions by wire no later than the time permitted for settlement of redemption orders by the 1940 Act. Unless otherwise informed in writing, such redemption wires should be sent to an account specified by the Company and agreed to by Fund Parties.
Financial Management Government financing and accounting activities (e.g., billing and accounting, credit/charge, expense management, payroll, payment/settlement, debt collection, revenue management, internal controls, auditing, activity based management, currency translation). Asset/Material Management: Acquisition and management of Federal government assets (property/asset management, asset cataloging/identification, asset transfer/allocation/maintenance, facilities management, computers/automation management). Development and Integration: Development and integration of systems across diverse operating platforms (e.g., legacy integration, enterprise application integration, data integration, instrumentation/testing, software development). Human Capital/Workforce Management Development and Integration: Planning and supervisory operations surrounding government personnel (e.g., resource planning/allocation, skills management, workforce directory/locator, team/organization management, contingent workforce management).

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