Forex definition

Forex means Foreign Exchange, sale and purchase of currencies against each other.

Forex means the type of CFD, where the Underlying Asset is a Currency Pair.

Examples of Forex in a sentence

Each Forex transaction between Client and IBHK will immediately be netted with all the existing Forex transactions between Client and IBHK for the same currencies to constitute one transaction.
If Client: (a) incurs a margin deficit in any IBHK account, (b) defaults on any obligation to IBHK, (c) becomes subject to bankruptcy, insolvency or other similar proceedings, or (d) fails to pay debts when due, IBHK has the right but not the obligation to close-out Client's Forex transactions, liquidate all or some of Client's collateral and apply the proceeds to any debt to IBHK.
In addition, IBHK or its affiliates, or other clients, may take the opposite position to Client's order for Forex and other over-the-counter products.
The client undertakes to verify the legitimacy and availability of the legislative base prior to the fact of registration with the Company, or to limit its trading activity by manipulation with the Forex platform.
IBHK may effect Forex and leveraged Forex transactions through an affiliate or third party, which may profit or lose from such transactions.

Forex means two-day rolling spot futures traded over the counter and which are cash settled on a T+2 basis. Forex constitute Rolling Daily Positions.

Forex means Foreign Exchange Bureau.

Forex means the currency of any country other than South Africa, and shall inter alia include USD, Euros, British Pounds, Japanese Yen, Chinese Yuan, Russian Roubles and Australian Dollars.

Forex means Le Groupe Forex Inc., a company incorporated under Part 1A of the COMPANIES ACT (Quebec).