Risks Involved. Client acknowledges and agrees that the Foreign Currency markets are volatile. Client expressly accepts the risk that the value of the currencies in a Forward Contract may change between the date of the Order and the Balance Due Date.
Appears in 13 contracts
Sources: Account Application and Agreement, Account Application and Agreement, Account Application and Agreement
Risks Involved. Client acknowledges and agrees that the Foreign Currency markets are volatile. Client expressly accepts the risk that the value of the currencies in a Forward Contract may change between the date of the Order and the Balance Due Date. Further, Client expressly accepts that a Premium is not refundable and that a loss will result to the Client if the option is not exercised or if the gain on exercise of the option is less than the Premium.
Appears in 3 contracts
Sources: Account Application and Agreement, Account Application and Agreement, Account Application and Agreement
Risks Involved. Client acknowledges and agrees that the Foreign Currency markets are volatile. Client expressly accepts the risk that the value of the currencies in a Forward Derivative Contract may change between the date of the Order and the Balance Due Date. Further, Client expressly accepts that a Premium is not refundable and that a loss will result to the Client if the option is not exercised or if the gain on exercise of the option is less than the Premium.
Appears in 3 contracts
Sources: Account Application and Agreement, Account Application and Agreement, Account Application and Agreement
Risks Involved. Client acknowledges and agrees that the Foreign Currency markets are volatile. Client expressly accepts the risk that the value of the currencies in a Forward Derivative Contract may change between the date of the Order and the Balance Due Date.
Appears in 3 contracts
Sources: Business Account Application and Agreement, Business Account Application and Agreement, Business Account Application and Agreement
Risks Involved. Client acknowledges and agrees that the Foreign Currency markets are volatile. Client expressly accepts the risk that the value of the currencies in a Forward Contract Payment may change between the date of the Order and the Balance Due Date.
Appears in 2 contracts
Sources: Account Application and Agreement, Account Application and Agreement