Spot/Forward. All open Spot and Forward Transactions which are not closed by the Customer upon reaching their value date will be rolled over by the Company for a further period of two (2) business days. Thereafter, the opened Transactions will be rolled over for additional periods of two (2) business days each indefinitely until such time as the Company will close such Transaction under the terms of this Agreement (“Rollover”).
Appears in 6 contracts
Samples: Client Agreement, Client Agreement, Client Agreement
