Common use of Rollovers, Interest Clause in Contracts

Rollovers, Interest. A daily financing charge may apply to each FX/CFD open position at the closing of WGM trading day as regard to that FX/CFD. If such financing charge is applicable, it will either be requested to be paid by Customer directly to WGM or it will be paid by WGM to Customer, depending on the type of FX/CFD and the nature of the position Customer holds. The method of calculation of the financing charge varies according to the type of FX/CFD to which it applies. Moreover, the amount of the financing charge will vary as it is linked to current interest rates (such as LIBOR). The financing charge will be credited or debited (as appropriate) to Customer’s account on the next trading day following the day to which it relates.

Appears in 5 contracts

Samples: eu.ezinvest.com, world.ezinvest.com, www.ezinvest.com

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Rollovers, Interest. A daily financing charge may apply to each FX/CFD open position at the closing of WGM trading day as regard to that FX/CFD. If such financing charge is applicable, it will either be requested to be paid by Customer directly to WGM or it will be paid by WGM to Customer, depending on the type of FX/CFD and the nature of the position Customer holds. The method of calculation of the financing charge varies according to the type of FX/CFD to which it applies. Moreover, the amount of the financing charge will vary as it is linked to current interest rates (such as LIBOR). The financing charge will chargewill be credited or debited (as appropriate) to Customer’s account on the next trading day thenexttradingday following the day to which it relates.

Appears in 1 contract

Samples: eu.ezinvest.com

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Rollovers, Interest. (a) A daily financing charge may apply to each FX/CFD open position at the closing of WGM Midori FX Ltd ’s trading day as regard to that FX/CFD. If such financing charge is applicable, it will either be requested to be paid by Customer directly to WGM the Company or it will be paid by WGM the Company to the Customer, depending on the type of FX/CFD and the nature of the position Customer holds. The method of calculation of the financing charge varies according to the type of FX/CFD to which it applies. Moreover, the amount of the financing charge will vary as it is linked to current interest rates (such as LIBOR). The financing charge will be credited or debited (as appropriate) to or from Customer’s account on the next trading day following the day to which it relates.

Appears in 1 contract

Samples: Client Agreement

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