Common use of SETTLEMENT DATE AND ROLLOVERS Clause in Contracts

SETTLEMENT DATE AND ROLLOVERS. 11.1. The client authorizes the company to rollover all open spot positions in the client's trading account, at the client's risk, into the next settlement time period upon such terms as the company determines in its sole discretion. 11.2. The positions will be rolled over by debiting or crediting the client's trading account with the amount calculated in accordance with the company's rollover/interest policy. 11.3. In the absence of timely instructions from you, we are authorized, at our sole and absolute discretion, to rollover or offset all or any portion of the currency positions in your accounts or to make or receive delivery on your behalf upon such terms and by such methods deemed reasonable by us in our sole and absolute discretion.

Appears in 3 contracts

Samples: Client Agreement for Fx & CFDS, Client Agreement for Fx & CFDS, Client Agreement

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SETTLEMENT DATE AND ROLLOVERS. 11.1. The client authorizes the company to rollover all open spot positions in the client's trading account, at the client's risk, into the next settlement time period upon such terms as the company determines in its sole discretion. 11.2. The positions will be rolled over by debiting or crediting the client's trading account with the amount calculated in accordance with the company's rollover/interest policy. 11.3. In the absence of timely instructions from you, we are authorized, at our sole and absolute discretion, to rollover or offset all or any portion of the currency positions in your accounts or to make or receive delivery on your behalf upon such terms and by such methods deemed reasonable by us in our sole and absolute discretion.

Appears in 1 contract

Samples: Client Agreement

SETTLEMENT DATE AND ROLLOVERS. 11.1. The client authorizes the company to rollover all open spot positions in the client's trading account, at the client's risk, into the next settlement time period upon such terms as the company determines in its sole discretion. 11.2. The positions will be rolled over by debiting or crediting the client's trading account with the amount calculated in accordance with the company's rollover/interest policy. 11.3. In the absence of timely instructions from you, we are authorized, at our sole and absolute discretion, to rollover or offset all or any portion of the currency positions in your accounts or to make or receive delivery on your behalf upon such terms and by such methods deemed reasonable by us in our sole and absolute discretion.

Appears in 1 contract

Samples: Client Agreement

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SETTLEMENT DATE AND ROLLOVERS. 11.1. The client Client authorizes the company Company to rollover all open spot positions Open Spot Positions in the client's trading accountClient’s Trading Account, at the client's Client’s risk, into the next settlement time period upon such terms as the company Company determines in its sole discretion. 11.2. The positions will be rolled over by debiting or crediting the client's trading account Client’s Trading Account with the amount calculated in accordance with the company's rolloverCompany’s Rollover/interest policyInterest Policy. 11.311.2. In the absence of timely instructions from you, we are authorized, at our sole and absolute discretion, to rollover or offset all or any portion of the currency positions in your accounts Accounts or to make or receive delivery on your behalf upon such terms and by such methods deemed reasonable by us in our sole and absolute discretion.

Appears in 1 contract

Samples: Trading Agreement

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