Common use of Rollovers – Future Contracts CFDs Clause in Contracts

Rollovers – Future Contracts CFDs. CFDs whose Underlying Assets are future contracts are traded in conjunction with the periods in which the underlying future contract is traded, provided however that subject to Company’s sole discretion including, without limitations, considering also the terms of Sections 11.5.5 – 11.5.6 above and section 11.7.2 below, the Company may set a contract’s value date, that may differ from such contract’s value date on the relevant exchange, and a value date for each future CA27062021 Vestle is the trading name of iCFD Limited, authorized and regulated by CySEC under license # 143/11. Corner of Agiou Andreou & Venizelou Streets, Vashiotis Xxxxx Xxxxxxx Xxxxxxxx, Xxxxxx Xxxxx, X.X.X. 00000, Xxxxxxxx, Xxxxxx Tel: +00000000000 | Fax: +00000000000 | xxx.xxxxxx.xxx contract CFD which is earlier than the actual expiration date of the underlying future contract. All open future contract CFDs Positions which are not closed before reaching their value date are rolled over by the Company to the next contract’s value date, so that the Positions remain open. Upon effectuating such rollover, the Position’s open P/L will express the price difference between the expired, as well as include a mark-up spread, and all associated Limit Orders shall be adjusted to the new future contract. During such rollover, the Company may utilize higher Margin Requirements. The value date for each future contract CFD, as well as the Margin Requirements, can be found in the Trading Conditions page on the Website. The Client acknowledges that it is the Client's responsibility to make itself aware of adjustments, costs and Margin Requirements that apply during Contract Rollovers. Such information is available in the Trading Conditions page on the Website. The Client hereby irrevocably authorizes the Company to debit or credit its balance or Position in accordance with the above terms.

Appears in 1 contract

Samples: Client Agreement

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Rollovers – Future Contracts CFDs. CFDs whose Underlying Assets are future contracts are traded in conjunction with the periods in which the underlying future contract is traded, provided however that subject to Company’s sole discretion including, without limitations, considering also the terms of Sections 11.5.5 – 11.5.6 above and section 11.7.2 below, the Company may set a contract’s value date, that may differ from such contract’s value date on the relevant exchange, and a value date for each future CA27062021 Vestle is the trading name of iCFD Limited, authorized and regulated by CySEC under license # 143/11. Corner of Agiou Andreou & Venizelou Streets, Vashiotis Xxxxx Xxxxxxx Xxxxxxxx, Xxxxxx Xxxxx, X.X.X. 00000, Xxxxxxxx, Xxxxxx Tel: +00000000000 | Fax: +00000000000 | xxx.xxxxxx.xxx contract CFD which is earlier than the actual expiration date of the underlying future contract. All open future contract CFDs Positions which are not closed before reaching their value date are rolled over by the Company to the next contract’s value date, so that the Positions remain open. Upon effectuating such rollover, the Position’s open P/L will express the price difference between the expired, as well as include a markxxxx-up spread, and all associated Limit Orders shall be adjusted to the new future contract. During such rollover, the Company may utilize higher Margin Requirements. The value date for each future contract CFD, as well as the Margin Requirements, can be found in the Trading Conditions page on the Website. The Client acknowledges that it is the Client's responsibility to make itself aware of adjustments, costs and Margin Requirements that apply during Contract Rollovers. Such information is available in the Trading Conditions page on the Website. The Client hereby irrevocably authorizes the Company to debit or credit its balance or Position in accordance with the above terms.

Appears in 1 contract

Samples: Client Agreement

Rollovers – Future Contracts CFDs. CFDs whose Underlying Assets are future contracts are traded in conjunction with the periods in which the underlying future contract is traded, provided however that subject to Company’s sole discretion including, without limitations, considering also the terms of Sections 11.5.5 – 11.5.6 above and section 11.7.2 below, the Company may set a contract’s value date, that may differ from such contract’s value date on the relevant exchange, and a value date for each future CA27062021 Vestle is the trading name of iCFD Limited, authorized and regulated by CySEC under license # 143/11. Corner of Agiou Andreou & Venizelou Streets, Vashiotis Xxxxx Xxxxxxx Xxxxxxxx, Xxxxxx Xxxxx, X.X.X. 00000, Xxxxxxxx, Xxxxxx Tel: +00000000000 | Fax: +00000000000 | xxx.xxxxxx.xxx contract CFD which is earlier than to the actual expiration date of the underlying future contract. All open future contract CFDs Positions which are not closed before reaching their value date are rolled over by the Company to the next contract’s value date, so that the Positions remain open. Upon effectuating such rollover, the Position’s open P/L will express the price difference between the expired, as well as include a markxxxx-up spread, and all associated Limit Orders shall be adjusted to the new future contract. During such rollover, the Company may utilize higher Margin Requirements. The value date for each future contract CFD, as well as the Margin Requirements, can be found in the Trading Conditions page on the Website. CA29072018 Vestle is the trading name of iCFD Limited, authorized and regulated by CySEC under license # 143/11. Corner of Agiou Andreou & Venizelou Streets, Vashiotis Xxxxx Xxxxxxx Xxxxxxxx, Xxxxxx Xxxxx, X.X.X. 00000, Xxxxxxxx, Xxxxxx Tel: +00000000000 | Fax: +00000000000 | xxx.xxxxxx.xxx The Client acknowledges that it is the Client's responsibility to make itself aware of adjustments, costs and Margin Requirements that apply during Contract Rollovers. Such information is available in the Trading Conditions page on the Website. The Client hereby irrevocably authorizes the Company to debit or credit its balance or Position in accordance with the above terms.

Appears in 1 contract

Samples: Client Agreement

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Rollovers – Future Contracts CFDs. CFDs whose Underlying Assets are future contracts are traded in conjunction with the periods in which the underlying future contract is traded, provided however that subject to Company’s sole discretion including, without limitations, considering also the terms of Sections 11.5.5 – 11.5.6 above and section 11.7.2 below, the Company may set a contract’s value date, that may differ from such contract’s value date on the relevant exchange, and a value date for each future CA27062021 Vestle is the trading name of iCFD Limited, authorized and regulated by CySEC under license # 143/11. Corner of Agiou Andreou & Venizelou Streets, Vashiotis Xxxxx Xxxxxxx Xxxxxxxx, Xxxxxx Xxxxx, X.X.X. 00000, Xxxxxxxx, Xxxxxx Tel: +00000000000 | Fax: +00000000000 | xxx.xxxxxx.xxx contract CFD which is earlier than to the actual expiration date of the underlying future contract. All open future contract CFDs Positions which are not closed before reaching their value date are rolled over by the Company to the next contract’s value date, so that the Positions remain open. Upon effectuating such rollover, the Position’s open P/L will express the price difference between the expired, as well as include a markxxxx-up spread, and all associated Limit Orders shall be adjusted to the new future contract. During such rollover, the Company may utilize higher Margin Requirements. The value date for each future contract CFD, as well as the Margin Requirements, can be found in the Trading Conditions page on the Website. CA07102018 Vestle is the trading name of iCFD Limited, authorized and regulated by CySEC under license # 143/11. Corner of Agiou Andreou & Venizelou Streets, Vashiotis Xxxxx Xxxxxxx Xxxxxxxx, Xxxxxx Xxxxx, X.X.X. 00000, Xxxxxxxx, Xxxxxx Tel: +00000000000 | Fax: +00000000000 | xxx.xxxxxx.xxx The Client acknowledges that it is the Client's responsibility to make itself aware of adjustments, costs and Margin Requirements that apply during Contract Rollovers. Such information is available in the Trading Conditions page on the Website. The Client hereby irrevocably authorizes the Company to debit or credit its balance or Position in accordance with the above terms.

Appears in 1 contract

Samples: Client Agreement

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