Examples of Counter Currency in a sentence
Counter Currency: It is the currency listed second in the currency parity that the investor is trading.
In a Currency Pair Counter Currency is represented by a denominator (the second one in a Currency Pair).
An employee who is retired from the University and is receiving benefits from the Xxxxxxx Xxxxxxx University Pension Plan shall be entitled to the above benefits.
In contrast, the long position in the Counter Currency is invested in a money market instrument at an overnight rate.
In a Currency Pair Counter Currency is represented by a denominator.
The Financing Component results from the costs of borrowing in the Counter Currency at an overnight rate increased by a per annum rate (related to the IC Rate), which includes the hypothetical costs that would be incurred in tracking the performance of the NPV, plus a per annum rate (related to the Collateral Fee), which includes the cost that would be incurred by the Issuer (and/or it affiliates) if it were to borrow the Collateral Assets plus a Calculation Fee.
In case contract lasts for full stipulated time as above and no notice of termination has been served by either party, the contract shall be deemed to be continuing till it is formally renewed or terminated by the parties to the contract.
Managers will also take position to hedge the Fund’s share classes denominated in a different currency than Euro, by using Over the Counter Currency swap transactions.
The Depositor will set "Strike Price", which will be applied for conversion to the Counter Currency, either by 1) specifying the price itself OR 2) specifying the "Differential" that is the difference between the Spot Price at the time of deposit and the Strike Price.
You can specify any or all of the following as rekey fields: Contract Currency Option Premium Counter Currency (applicable only for Currency options) Maturity Date Premium Currency Value Date If no rekey fields have been defined, the details of the contract will be displayed immediately when the authorizer calls the contract for authorization.