Foreign Exchange Option definition

Foreign Exchange Option means a Foreign Exchange Call Option or Foreign Exchange Put Option. Basic information on Foreign ExchangeOptions is given in point II of Annex 1 in these Terms and Conditions.
Foreign Exchange Option means an Option Transaction in which the Seller grants to the Buyer against payment of the Premium the right to purchase, in the case of a Call, or sell, in the case of a Put, a specified amount of the Reference Currency (the "Call Currency" in the case of a Call and the "Put Currency" in the case of a Put) against payment of an agreed amount of the Settlement Currency (the "Put Currency" in the case of a Call and the "Call Currency" in the case of a Put). The Option Transaction may be settled by
Foreign Exchange Option means a trans- action, including a put or a call, that solely entitles the buyer, upon exercise, on a speci- fied date or upon a specified event

Examples of Foreign Exchange Option in a sentence

  • Foreign Exchange Option CFDs expiring daily will generally become available after 17:00 Chicago Time.

  • If the Client is obliged to pay the Premium, it hereby gives the Bank unconditional permission to collect an amount equal to the Premium from the Account.2.5. The Foreign Exchange Option shall be exercised automatically if the Automatic Exercise Value is reached on the Exercise Date for the Foreign Exchange Option (in the case of a “European option”), unless the Contracting Parties agree on another Business Day (an “American Option”).

  • On the agreed Premium Payment Date for the Physically Settled Foreign Exchange Option the Buyer shall pay to the Seller the Premium.

  • If the Physically Settled Foreign Exchange Option is exercised or deemed to be exercised, on the agreed Settlement Date of the Option Transaction, the Seller shall deliver or transfer to the Buyer the specified amount of the Reference Currency against simultaneous payment of the agreed amount of the Settlement Currency.

  • On the agreed Premium Payment Date for the Non-Deliverable Foreign Exchange Option or the Cash Settled Foreign Exchange Option the Buyer shall pay to the Seller the Premium.

  • If the Option Transaction is exercised or deemed to be exercised, on the agreed Settlement Date for the Non- Deliverable Foreign Exchange Option or the Cash Settled Foreign Exchange Option, the Seller shall pay to the Buyer the Cash Settlement Amount, if such amount is a positive number.

  • Option transactions can be made with the Bank in HUF, EUR or USD, and the lowest value of the Transactions will be EUR 100,000 or its equivalent, EUR 250,000 or equivalent in the case of Barrier Foreign Exchange Options and EUR 30,000 or equivalent in the case of a Digital Foreign Exchange Option.

  • The Bank concludes European type option transactions for all kinds of Foreign Exchange Option Transactions.

  • Agreed Amount of Settlement Currency x (1 - Forward Rate )]Settlement Currency Rate (3) Physically Settled Foreign Exchange Option.

  • Plain Vanilla Foreign Exchange Option – Simple basic product One of the parties grants rights to the other party in exchange for an option fee to buy (call option) or sell (put option) a certain amount of foreign currency at a certain date in the future and at a fixed price (strike price).

Related to Foreign Exchange Option

  • Foreign Exchange (FX) or “FX-like” Service means a retail service offering which allows FX End Users to obtain Exchange Service from a mandatory local calling area other than the mandatory local calling area where the FX End User is physically located, but within the same LATA as the number that is assigned. FX Service enables particular End Users to avoid what might otherwise be toll calls between the FX End User’s physical location and other End Users in the foreign exchange.

  • Foreign Exchange (FX) means a service whereby calls either originated by or delivered to a customer who has purchased FX service from the state or interstate tariffs of either Party. FX also includes, but is not limited to, FX-like services provided by either Party where calls are originated from and/or delivered to numbers which are assigned to a Rate Center within one local calling area but where the Party receiving the call is physically located outside of that local calling area. FX service can be either interLATA or intraLATA. InterLATA FX, where the originating and receiving parties are physically located in different LATAs, is considered equivalent to FGA and the intercarrier compensation mechanism is the same as FGA. IntraLATA FX, when provided by two or more local exchange carriers “LECs”, is considered a jointly provided service and meet-point billed by those providing it utilizing a mutually agreed to meet-point billing, or meet-point billing like procedure.

  • Foreign Exchange Rate means for any day that rate for the currency in question as published at 12:00 Eastern Standard Time, by the Bank of Canada in the City of Ottawa.

  • Option Exchange Program means a program whereby outstanding Options are surrendered in exchange for Options with a lower exercise price.

  • Currency Exchange Protection Agreement means, in respect of a Person, any foreign exchange contract, currency swap agreement, currency option or other similar agreement or arrangement designed to protect such Person against fluctuations in currency exchange rates.

  • ISDA Master Agreement An ISDA Master Agreement (Multicurrency-Cross Border) in the form published by ISDA in 1992 including the schedule thereto.

  • Approved 102 Option means an Option granted pursuant to Section 102(b) of the Ordinance and held in trust by a Trustee for the benefit of the Optionee.

  • Treasury Services Agreement means any agreement between the Borrower or any Restricted Subsidiary and any Approved Counterparty relating to treasury, depository, credit card, debit card, stored value cards, purchasing or procurement cards and cash management services or automated clearinghouse transfer of funds or any similar services.

  • Master Agreement has the meaning specified in the definition of “Swap Contract.”

  • Option Exchange Ratio means the quotient of (i) the Common Per Share Consideration divided by (ii) the Acquirer Stock Price.

  • Master Standby Agreement means the Master Agreement for Standby Letters of Credit dated as of the Closing Date between Borrower, as Applicant, and GE Capital, as Issuer.

  • Securities Lending Agreement means an agreement under which a local agency agrees to transfer securities to a borrower who, in turn, agrees to provide collateral to the local agency. During the term of the agreement, both the securities and the collateral are held by a third party. At the conclusion of the agreement, the securities are transferred back to the local agency in return for the collateral.

  • Approved Book-Entry System for Commercial Paper means a system maintained by the Custodian or by a subcustodian employed pursuant to Section 2 hereof for the holding of commercial paper in book-entry form but only if the Custodian has received a certified copy of a resolution of the Board approving the participation by the Trust in such system.

  • Structured settlement agreement means the agreement, judgment, stipulation, or release embodying the terms of a structured settlement.

  • Master Forward Confirmation means the Master Confirmation for Issuer Share Forward Sale Transactions, dated as of the date hereof, by and among the Company, the Operating Partnership and the Forward Purchaser, including all provisions incorporated by reference therein.

  • Licence Agreement means an agreement (whether or not in writing) between the owner of student accommodation and a student giving a licence to the student;

  • Manual Load Dump Warning means a notification from PJM to warn Members of an increasingly critical condition of present operations that may require manually shedding load.

  • HKSAR means the Hong Kong Special Administrative Region of the People's Republic of China.

  • Manifest tracking number means the alphanumeric identification number (i.e., a unique three letter suffix preceded by nine numerical digits), which is pre-printed in Item 4 of the Manifest by a registered source.

  • Grant Agreement/Grant Number means Grant Number [Grant Agreement Number] awarded to Grantee.

  • California Renewables Portfolio Standard means the renewable energy program and policies codified in California Public Utilities Code Sections 399.11 through 399.31 and California Public Resources Code Sections 25740 through 25751, as such provisions may be amended or supplemented from time to time.

  • Framework Agreement means the Clauses of this Framework Agreement together with the Framework Schedules and annexes to it;

  • 102 Option means any Option granted to Employees pursuant to Section 102 of the Ordinance.

  • Master Settlement Agreement means the settlement agreement and related documents entered into on November 23, 1998, by the state and leading United States tobacco product manufacturers.

  • Data Use Agreement means the agreement incorporated into the Contract to facilitate creation, receipt, maintenance, use, disclosure or access to Confidential Information.

  • Currency exchange means receipt of revenues from the exchange of money of one government for money of another government.