Currency of the Trading Account definition

Currency of the Trading Account means the currency that the Client chooses when opening the Trading Account.
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Currency of the Trading Account means the currency that the Client chooses when opening the Trading Account. “Currency Pair” shall mean the object of a Transaction based on the change in the value of one currency against the other.
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Currency of the Trading Account shall refer to the currency the Client has chosen upon registration and in which the Client Account is denominated in; whereas the Client shall choose currency available provided by the Company.
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Examples of Currency of the Trading Account in a sentence

  • Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform.

  • Currency of the Trading Account shall mean the currency in which profit and loss are calculated on the trading account, as well as currency in which depositing to the trading account or writing off funds from it is performed.

  • Profit or loss in the Currency of the Trading Account is deposited in/withdrawn from the Trading Account once the Transaction is closed.

  • For the purposes of determining whether the Customer has breached clause 14.6 above, any sums referred to therein which are not denominated in the Currency of the Trading Account shall be treated as if they were denominated in the Currency of the Trading Account by converting them into the Currency of the Trading Account at the relevant exchange rate for spot dealings in the foreign exchange market.

  • The amounts payable under the Agreements are automatically converted by the Company into the Currency of the Trading Account at the relevant exchange rate for spot dealings in the foreign exchange market.

  • Profit or loss in the Currency of the Trading Account is credited/ debited from the Trading Account once the Transaction is closed.

  • The amounts payable under the Operative Agreements are automatically converted by the Company into the Currency of the Trading Account at the relevant exchange rate for spot dealings in the CFD market.

  • If the Customer fails to provide any Margin, deposit or other sum due in respect of any transaction Company may close all Open Positions without prior notice and in such case any sums referred to therein which are not denominated in the Currency of the Trading Account shall be treated as if they were denominated in the Currency of the Trading Account by converting them into the Currency of the Trading Account at the relevant exchange rate for spot dealings in the CFD market.

  • Deposits for Margin and any other deposits due, will, unless otherwise agreed or specified by the Company, be required in the Currency of the Trading Account, based on the Client’s country of origin as specified in the Client’s address and as shall be specified on the Trading Platform.


More Definitions of Currency of the Trading Account

Currency of the Trading Account denotes the currency that the Trading Account is denominated in; all the account’s calculations and operations are performed in this currency.
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Related to Currency of the Trading Account

  • Trading Account means the unique personified register of all completed transactions, open positions, orders and nontrading operations on the trading platform.

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • Currency Business Day means a day on which commercial banks and foreign exchange markets are open for general business (including dealings in foreign exchange and foreign currency deposits) in the principal financial centre of the Relevant Currency or, in the case of euros, a city in which banks in general have access to the TARGET2 System.