Expiry Transaction definition

Expiry Transaction means a Transaction which has a set contract period, at the end of which the Expiry Transaction expires automatically;
View Source
Expiry Transaction means a Transaction which has a set of contract period, at the end of which the Expiry Transaction expires automatically;
View Source
Expiry Transaction means a Transaction which has a set contract period, at the end of which the Expiry Transaction expires automatically. FMA Means Financial Markets Authority of New Zealand.
View Source

Examples of Expiry Transaction in a sentence

  • Details of the Spread that we apply when a particular Expiry Transaction is closed are available on request.

  • You acknowledge that it is your responsibility to make yourself aware of the Last Dealing Time and of any Spread or Commission that we may apply when you close an Expiry Transaction.

  • Subject to this Agreement and any requirement we may specify in relation to Linked Transactions, you may close an open Expiry Transaction or any part of such open Expiry Transaction at any time prior to the Last Dealing Time for that Instrument.

  • The price of the Expiry Transaction will be (a) the last traded price at or prior to the close or the applicable official closing quotation or value in the relevant Reference Asset as reported by the relevant exchange, errors and omissions excluded; plus or, as the case may be, minus (b) any Spread that we apply when such an Expiry Transaction is closed.

  • Alternatively, you may ask that we accept roll instructions in respect of a specific Expiry Transaction.

  • When you close an Expiry Transaction prior to the Last Dealing Time for the Instrument, the Closing Level will, if the Transaction is a Buy, be the lower figure then quoted by us and if the Transaction is a Sell, the higher figure then quoted by us.

  • Details of the Spread that we apply when a particular Expiry Transaction is closed are set out in the Product Details and are available on request.

  • You acknowledge and agree that GCMT will have the right to close any Expiry Transaction in its sole and absolute discretion without notice if the Reference Asset is a derivative Financial Instrument, or Commodity which may settle on expiry by a delivery other than in cash, at a reasonable period prior to the expiry date as determined in the sole and absolute discretion of GCMT.

  • If you do not close an Expiry Transaction in respect of an Instrument on or before the Last Dealing Time then we will close your Expiry Transaction as soon as we have ascertained the Closing Level of the Expiry Transaction.

  • Where we do effect a rollover, the original Expiry Transaction will be closed at or just prior to the Last Dealing Time and become due for settlement and a new Expiry Transaction will be created; such closing and opening trades will be on our normal terms.


More Definitions of Expiry Transaction

Expiry Transaction. Means a Transaction which had a set contract period at the end of which the Expiry Transaction expires automatically. Also referred to as financial security. It is an investment of the type set out within the Securities Industry Act 2011, which includes but not limited to options, futures, rolling spot forex and any other derivative contracts relating to securities, currencies, interest rates or yields, or other derivative instruments or financial indices.
View Source
Expiry Transaction means a Transaction which has a set contract period, at the end of which the Expiry Transaction expires automatically; Floating Loss in a CFD shall mean current loss on Open Positions calculated at the current Quotes (added any commissions or fees if applicable). Floating Profit in a CFD shall mean current profit/loss on Open Positions calculated at the current Quotes (added any commissions or fees if applicable). Force Majeure Event shall have the meaning as set out in paragraph 28.1. of the Client Agreement. Forex shall mean the type of CFD, where the Underlying Asset is a Currency Pair. Free Margin shall mean the amount of funds available in the Client’s Account, which may be used to open a position or maintain an Open Position. Free Margin shall be calculated as: Equity less (minus) Necessary Margin [Free margin = Equity- Necessary Margin]. FSRA means Financial Services Regulatory Authority of ADGM. Hedged Margin for CFD trading shall mean the necessary margin required by the Company so as to open and maintain Matched Positions. Initial Margin for CFD trading shall mean the necessary margin required by the Company so as to open a position. Introducer shall have the meaning stated in paragraph 36.1. of the Client Agreement. Leverage for CFD trading shall mean a ratio in respect of Transaction Size and Initial Margin.
View Source