Counter Currency definition

Counter Currency means SEK. "EUR" means Euro.
Counter Currency means SEK.
Counter Currency means the second currency represented in a currency pair, for example in the EUR/USD currency pair variable currency is the USD. Cyprus Securities and Exchange Commission or CySEC: Shall mean the statutory regulatory body which is currently based at 00 Xxxxxxxx Xxxxxx, 0000, Xxxxxxx Xxxxxx, and its successors and assignees or any replacement body thereof.

Examples of Counter Currency in a sentence

  • In contrast, the long position in the Counter Currency is invested in a money market instrument at an overnight rate.

  • On maturity, if the deposit is converted to Counter Currency in line with paragraph 7, the principal will be converted to Counter Currency.

  • In the NPV calculation, the Leverage Component reflects the multiple purchase of the Underlying (long position) corresponding to the applicable Factor (for the avoidance of doubt: For a currency exchange rate as Underlying, this means a long position in the Base Currency and a short position in the Counter Currency).

  • 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.

  • 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.

  • The School Board shall require medical certification from employees returning form medical leave and the will be restored to the same position held prior to the start of the leave.

  • 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).

  • In a Currency Pair Counter Currency is represented by a denominator.

  • Counter Currency: Shall mean the second currency represented in a currency pair, for example in the EUR/USD currency pair variable currency is the USD.


More Definitions of Counter Currency

Counter Currency the second listed currency in a currency pair. ”Closing of a Transaction” – means performance of a Transaction that is opposite in direction and in magnitude (quantity or amount) equivalent to an Opening Transaction, that has the effect of realizing a gain or loss. ”Closing Level” – means the level at which a Bet is closed; ”Communication” – means any interaction between us and you by the methods set out in clause 14 and ”Communicate” has a corresponding meaning. ”Cross Currency Contract” – a Spot Contract for the sale of one specified Foreign Currency in exchange for another specified Foreign Currency. ”Cross Currency Pairs” – two Foreign Currencies employed in a currency transaction not involving the U.S. Dollar. The relationship between the two in which one currency is purchased from (or sold to) a counterparty against delivery (receipt) of a second foreign currency. ”Currency” – shall be construed so as to include any unit of Account.
Counter Currency means the second currency represented in a currency pair, for example in the EUR/USD currency pair variable currency is the USD.
Counter Currency means the currency specified as such in the Product Data Table. Crypto Currency
Counter Currency or "USD" means United States Dollar.
Counter Currency or "ZAR" means South African Rand.

Related to Counter Currency

  • Fiat Currency means currency issued by the relevant body in a country or by a government that is designated as legal tender in its country of issuance through amongst other things, government decree, regulation, or law;

  • Settlement Currency means Pounds sterling ("GBP").

  • Relevant Currency means the currency specified as such or, if none is specified, the currency in which the Notes are denominated;

  • Underlying Currency means the Underlying Currency as specified in § 2 of the Product and Underlying Data.

  • Optional Currency means a currency (other than the Base Currency) which complies with the conditions set out in Clause 4.3 (Conditions relating to Optional Currencies).

  • Index Currency means USD.

  • Currency means any currency or currencies, composite currency or currency unit or currency units, including, without limitation, the Euro, issued by the government of one or more countries or by any recognized confederation or association of such governments.

  • Termination Currency means United States Dollars.

  • Base Currency means the first currency in the Currency Pair against which the Client buys or sells the Quote Currency.

  • Reference Currency means the currency specified as such in the applicable Final Terms.

  • Class Currency means the currency in which a Share Class of a Fund is designated as determined by the Directors and disclosed in the Prospectus in relation to such Fund.

  • Applicable Currency means as to any particular payment or Loan, Dollars or the Alternative Currency in which such payment or Loan is denominated or is payable.

  • Foreign Currency means any currency other than the currency of Kenya;