Common use of Right to Convert Realized Loss or Profit to Base Currency Clause in Contracts

Right to Convert Realized Loss or Profit to Base Currency. Where a Close Out Order results in Realized Loss or Realized Profit in a OANDA Asia Pacific Pte. Ltd. currency other than your Account’s Base Currency, you authorize OANDA to convert such Realized Loss or Realized Profit into your Account’s Base Currency at OANDA’s prevailing currency exchange Rate at the time such Close Out Order is executed at OANDA’s fxTrade server.