Closing Position definition

Closing Position means the process of termination of an opened position. Once this process is successfully completed, legal rights and obligations related to concerned position terminate together with the position, which is then closed.
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Closing Position means a Transaction that closes a position on the Trading Account with a use of closing position function. “Condition Tables” Shall mean the tables published on the Company’s Website setting out the following: ● Specification tables - a description of detailed conditions on which Transactions are executed with reference to each Financial Instrument, containing in particular indication of the Spread level and nominal value for the given Financial Instruments and Trading Days and hours of trading; With respect to Securities (OMIs) contain the list of available Financial Instruments and the days and hours of trading, as well as the list Financial Instruments in relation to which XTB MENA allows Clients to make transactions and determine the method of rounding the decimal, hundredth and thousandth part of Fractional Shares. ● Margin requirements for the given Financial Instrument; ● Table of the Company’s commissions and fees; including SWAP Fees applicable for all account types, andAny items other than the above which the GTC states are expressed in the Condition Tables. “Conflicts of Interest Policy” Unless the context otherwise requires, shall mean our prevailing policy regarding conflicts of interest, which is posted on our Website and may be supplied separately on request; our Conflicts of Interest Policy is a policy only, it is not part of our Terms and Conditions of Business and is not intended to be contractually binding or impose or seek to impose any obligations on us which we would not otherwise have; we reserve the right to review and/or amend our Conflicts of Interest Policy at our sole discretion, whenever we deem fit or appropriate. “Contract for Difference” or “CFDs” Contracts for Differences (“CFDs”) - CFDs, which are traded off- exchange (or Over the Counter (‘OTC’)), are to exchange the difference in value of a particular instrument or currency between the time at which the agreement is entered into and the time at which it is closed. This allows the Client to replicate the economic effect of trading in particular currencies or other instruments without requiring actual ownership of those assets. A full list of the CFDs on offer by us is available on our Website. “Company” Shall mean XTB MENA Limited, a private limited company incorporated in the Dubai International Financial Centre (“DIFC”) (Certificate of Registration No. 4365), authorised and regulated for providing financial Services by the Dubai Financial Services Authority (“DFSA), lic...
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Examples of Closing Position in a sentence

  • At that time any difference between the estimated Closing Position (used to facilitate the adoption of the Budget in early July) and the final (audited) position is determined and brought to account through the Q1 Budget Review in October.

  • Closing Position in Account You agree that in the case of your insolvency or death, Leed e may close your open positions and take such other steps as Leede considers advisable in its absolute discretion.

  • M 22F 4!c Indicator Open or Closing Position Exchange and accounting systems require instructions to indicate whether the trade is an opening (OPEP) or closing (CLOP) of a position for every buy or sell trade.

  • Calculation of Commission Paid on Opening Position Commission paid = 0.5% of Full Contract Value Full contract value = RM2.78 x 10,000 units of XYZ =RM27,800.00 Commission paid = 0.5% x RM27,800.00 = RM139.00 Calculation of SST Paid on Opening Position SST paid = Commission paid x 6% RM139.00 x 6% = RM8.34 Calculation of Commission paid on Closing Position XYZ Share had risen to RM2.83 and Mr A decided to close his position.

  • The value of the cash/deposit/loan asset at the start of the quarter 3.4.2.3 Transactions: Increases/Decreases in cash, lodgements to/withdrawals from bank deposit accounts, payments to or receipts from the counterparty to the certificate of deposit or loan asset.3.5.2.3 Closing Position: The value of the cash/deposit/loan asset at the end of the quarter.

  • These items have no direct impact on either the projected Closing Position or the City’s cash resources.

  • Should the Company fail to receive from the Counterparty a Closing Order in relation to a Closing Position under an Initial Conversion Arbitrage Transaction prior to the Closing Time or receive a Closing Order to close same at such Closing Rate which is not and will not become the Current Market Rate prior to the Closing Time, such Closing Position shall be subject to an automatic roll-over by the Company to the next Business Day.

  • Financial ImplicationsThe amendments contained in the attachment to this report that directly relate to directorate activities will result in a net change of ($31,574) to the projected 2009/2010 Budget Closing Position as a consequence of the review of operations The budget closing position is calculated in accordance with the Department of Local Government’s guideline - which is a modified accrual figure adjusted for restricted cash.

  • The effect on the Closing Position (increase / decrease) and an explanation for the change is provided for each item.• Items funded by transfers to or from existing Cash Reserves are shown as Attachment 10.6.5(2).These items reflect transfers back to the Municipal Fund of monies previously quarantined in Cash-Backed Reserves or planned transfers to Reserves.

  • The Borrower hereby designates [ ] (the “Designated Subsidiary”), a Wholly-Owned Subsidiary of the Company and a [corporation] duly incorporated under the laws of [ ], as a “Subsidiary Borrower” in accordance with Section 2.20 of the Credit Agreement until such designation is terminated in accordance with Section 2.20 of the Credit Agreement.

Related to Closing Position

  • Qualifying position means one or more jobs with one or more participating public em-

  • Long Position means a buy position that appreciates in value if market prices increase. In respect of Currency Pairs: buying the Base Currency against the Quote Currency.

  • Pre-Closing Straddle Period means the portion of the Straddle Period ending on the Closing Date.

  • Closing Period means the period between the close of business on the date of this Agreement and the Closing.

  • Net Long Position means: such shares of Common Stock Beneficially Owned, directly or indirectly, that constitute such person’s net long position as defined in Rule 14e-4 under the Exchange Act mutatis mutandis, provided that “Net Long Position” shall not include any shares as to which such person does not have the right to vote or direct the vote; and the terms “person” or “persons” shall mean any individual, corporation (including not-for-profit), general or limited partnership, limited liability or unlimited liability company, joint venture, estate, trust, association, organization or other entity of any kind or nature.

  • Post-Closing Straddle Period means the portion of a Straddle Period beginning the day after the Closing Date.

  • Queue Position means the priority assigned to an Interconnection Request, a Completed Application, or an Upgrade Request pursuant to applicable provisions of Tariff, Part VI.

  • Permanent Position Any position which has required, or which will require the services of an incumbent without interruption, for an indefinite period.

  • Pre-Closing Period means any taxable period ending on or before the Closing Date.

  • Cash Position means the Company’s level of cash and cash equivalents.

  • Pre-Closing Tax Period means any Tax period ending on or before the Closing Date and that portion of any Straddle Period ending on the Closing Date.

  • Pre-Closing Taxable Period means any taxable period ending on or before the Closing Date.

  • Remaining Net Positive Adjustments means as of the end of any taxable period, (i) with respect to the Unitholders holding Common Units or Subordinated Units, the excess of (a) the Net Positive Adjustments of the Unitholders holding Common Units or Subordinated Units as of the end of such period over (b) the sum of those Partners’ Share of Additional Book Basis Derivative Items for each prior taxable period, (ii) with respect to the General Partner (as holder of the General Partner Units), the excess of (a) the Net Positive Adjustments of the General Partner as of the end of such period over (b) the sum of the General Partner’s Share of Additional Book Basis Derivative Items with respect to the General Partner Units for each prior taxable period, and (iii) with respect to the holders of Incentive Distribution Rights, the excess of (a) the Net Positive Adjustments of the holders of Incentive Distribution Rights as of the end of such period over (b) the sum of the Share of Additional Book Basis Derivative Items of the holders of the Incentive Distribution Rights for each prior taxable period.

  • Pre-Closing Tax Return has the meaning set forth in Section 7.1(a).

  • Net Sell Position means the amount of Net Obligation when Net Obligation is negative.

  • Closing Value means, as of a particular date, the value of a Share determined by the closing sales price for such Share (or the closing bid, if no sales were reported) as quoted on The New York Stock Exchange for the last market trading day prior to the date of determination, as reported in The Wall Street Journal or such other source as the Administrator deems reliable.

  • RI Closing Value means, in respect of a Reference Item and a ST Valuation Date, the Settlement Level (as defined in the Equity Linked Conditions) on such ST Valuation Date.

  • Shielded position means the location within the radiographic exposure device or storage container which, by manufacturer's design, is the proper location for storage of the sealed source.

  • Post-Closing Period means any taxable period (or portion thereof) beginning after the Closing Date.

  • Closed Position means the opposite of an Open Position.

  • Net Positive Adjustments means, with respect to any Partner, the excess, if any, of the total positive adjustments over the total negative adjustments made to the Capital Account of such Partner pursuant to Book-Up Events and Book-Down Events.

  • Estimated Closing Net Working Capital has the meaning set forth in Section 2.6(a).

  • Tax Period means, with respect to any Tax, the period for which the Tax is reported as provided under the Code or other applicable Tax Law.

  • Synthetic Long Position means any option, warrant, convertible security, stock appreciation right, swap agreement or other security, contract right or derivative position, whether or not presently exercisable, that has an exercise or conversion privilege or a settlement payment or mechanism at a price related to the value of Common Stock or a value determined in whole or part with reference to, or derived in whole or in part from, the value of Common Stock and that increases in value as the value of Common Stock increases or that provides to the holder an opportunity, directly or indirectly, to profit or share in any profit derived from any increase in the value of Common Stock, in any case without regard to whether (i) such derivative conveys any voting rights in such securities to such Person or any of such Person’s Affiliates or Associates, (ii) such derivative is required to be, or capable of being, settled through delivery of such securities, or (iii) such Person or any of such Person’s Affiliates or Associates may have entered into other transactions that hedge the economic effect of such derivative. A Synthetic Long Position shall not include any interests, rights, options or other securities set forth in Rule 16a-1(c)(1)-(5) or (7) of the General Rules and Regulations under the Exchange Act.

  • Covered position means a position in which the employee must be a member of the retirement

  • Post-Closing Tax Period means any Tax period (or portion thereof) beginning after the Closing Date.