Common use of Overnight Financing Clause in Contracts

Overnight Financing. CFDs are subject to a daily credit or debit of interest adjustments (depending on the Position held by the Client – Long/Short) calculated on the basis of the relevant Inter-Bank interest rate of the currencies/currency in which the underlying asset is traded and may also include a xxxx- up spread (“Overnight Financing”).

Appears in 3 contracts

Samples: Client Agreement, Client Agreement, Client Agreement

AutoNDA by SimpleDocs

Overnight Financing. CFDs are subject to a daily credit or debit of interest adjustments (depending on the Position held by the Client – Long/Short) calculated on the basis of the relevant Inter-Bank interest rate of the currencies/currency in which the underlying asset is traded and may also include a xxxx- mark-up spread (“Overnight Financing”).

Appears in 2 contracts

Samples: Client Agreement, Client Agreement

Overnight Financing. CFDs are subject to a daily credit or debit of interest adjustments (depending on the Position held by the Client – Long/Short) calculated on the basis of the relevant Inter-Bank interest rate of the currencies/currency in which the underlying asset is traded and may also include a xxxx- xxxx-up spread (“Overnight Financing”).

Appears in 1 contract

Samples: Client Agreement

AutoNDA by SimpleDocs

Overnight Financing. CFDs are subject to a daily credit or debit of interest adjustments (depending on the Position held by the Client – Long/Short) calculated on the basis of the relevant Inter-Bank interest rate of the currencies/currency in which the underlying asset is traded and may also include a xxxx- mark- up spread (“Overnight Financing”).

Appears in 1 contract

Samples: Client Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!