Common use of SWAP-FREE ACCOUNTS Clause in Contracts

SWAP-FREE ACCOUNTS. 16.1. The Company, following the request of an Islamic Account, may enable swap-free trading for ten (10) calendar days. Upon the lapse of the ten (10) days, the Company shall charge the swap fee to accounts holding open positions accordingly. The Client agrees that a carry commission (equivalent to swap charges) may apply.

Appears in 4 contracts

Samples: Client Agreement, Global LLC Client Agreement, Global LLC Client Agreement

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SWAP-FREE ACCOUNTS. 16.117.1. The Company, following the request of an Islamic Account, may enable swap-free trading for ten (10) calendar days. Upon the lapse of the ten (10) days, the Company shall charge the swap fee to accounts holding open positions accordingly. The Client agrees that a carry commission (equivalent to swap charges) may apply.

Appears in 1 contract

Samples: Client Agreement

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