Examples of CFD Account in a sentence
However, if offshore borrowing is unavailable and an Australian-based underlying asset pays a franked dividend or a distribution which includes a franked dividend, the relevant dividend amount debited to your CFD Account will include the value of any related franking credit, as well as the value of the cash dividend.
Method of Deposit into your UOB Kay Hian Private Limited CFD Account You can choose to pay through one of the following ways: - Cash or Cheque at our Head Office at 8 Anthony Road - Cheque made payable to UOB Kay Hian Pte Ltd.
This means that the Share Dealing account you are opening with us will be linked to the: Company’s existing CFD Account number: In order for IG to take the relevant security over the Company’s assets, we will need to register a charge over the company pursuant to the terms of the Collateral Customer Agreement.
The Free Equity balance of your CFD Account is the GLV less the Initial Margin, Additional Margin and any fees and interest amounts payable by you to MFGA in connection with an Index and Commodity CFD.
For example, if you have an open position of1,000 Index and Commodity CFDs, MFGA may close out your position in relation to 700 Index and Commodity CFDs,leaving an open position of 300 Index and Commodity CFDs. When MFGA is required to make a payment to you (for example, a payment of Variation Margin) MFGA will credit that amount to your CFD Account (and, in the case of a payment in a currency other than AUD, MFGA will credit the relevant Foreign Currency Ledger in your CFD Account).
In particular, MFGA may not permit the withdrawal of funds if you did not have sufficient Free Equity in your CFD Account, if you had outstanding payment obligations to MFGA such that the withdrawal would result in the Free Equity being insufficient to cover such obligations and also if MFGA considers that the volatility of your CFD positions is such that a revaluation ofyour positions at then current market prices would, or would be likely to, result in MFGA calling further Margin from you.
Apart from this difference, Swap Free Accounts have exactly the same trading conditions and terms as our regular CFD Account.
FXFlat Bank AG fulfils its contractual duties by forwarding com- mission orders placed by the client to market makers for execu- tion in its own name and for the account of the client.The client has to bear his own costs (e.g. for IT, telephone calls, postage).Capital gains from transactions executed by FXFlat Bank AG for the client will be disbursed on the conditions specified in the Special Conditions CFD Account.
You must deposit the Minimum Deposit Amount as notified to you by MFGA into your CFD Account to activate your CFD Account.
Before requesting to open an Investment or CFD Account you should read in detail the applicable Terms of Business, available on the legal section of Trive Website.