ForexClear Currency definition

ForexClear Currency means: (b) USD; (c) JPY; (d) EUR; (e) GBP; (f) CHF; or (g) AUD"ForexClear Dealer (FXD)"means a person admitted by the Clearing House to the Register of ForexClear Dealers and who has not been removed from the Register of ForexClear Dealers"ForexClear Dealer Clearing Agreement (FDC Agreement)"means a written agreement, in the form and on the terms prescribed by the Clearing House between an FXD, an FXCCM and the Clearing House"ForexClear Default Fund Supplement"means the Supplement relating to ForexClear Business"ForexClear Default Management Process"has the meaning assigned to it in the ForexClear DMP Annex in the Default Rules"ForexClear Default Management Process Completion Date"has the meaning assigned to it in the ForexClear DMP Annex in the Default Rules"ForexClear Default Period"has the meaning ascribed to it in Rule F2 of the ForexClear Default Fund Supplement"ForexClear Deliverable Forward Contract"means a Contract entered into by the Clearing House with a ForexClear Clearing Member on the ForexClear Deliverable Forward Contract Terms which includes, in the case of the Default Rules (including the ForexClear DMP Annex but excluding, for the avoidance of doubt, the Client Clearing Annex), the FCM Default Fund Agreement and any other document, rule or procedure as specified by the Clearing House from time to time"ForexClear Deliverable Forward Contract Terms"means the terms applicable to each ForexClear Deliverable Forward Contract as set out from time to time in the Product Specific Contract Terms and Eligibility Criteria Manual applicable to ForexClear Deliverable Forward Contracts
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ForexClear Currency means: USD; JPY; EUR; GBP; CHF; or AUD
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Examples of ForexClear Currency in a sentence

  • LRM”): LRM reflects the additional risk due to the FXCCM having concentrated risk exposures above set thresholds in a particular Currency Pair or ForexClear Currency Pair or tenor of ForexClear Contracts.

  • The Clearing House builds for each Currency Pair or ForexClear Currency Pair an FX Implied Volatility Surface using the FX Volatility Points.

  • ForexClear margin reports also show the portfolio of open ForexClear Deliverable of each FXCCM and of each FXD by ForexClear Currency Pair.

  • ForexClear margin reports also show the portfolio of open ForexClear Option Contracts, ForexClear Spot Contracts and ForexClear Deliverable Forward Contracts of each FXCCM and of each FXD by ForexClear Currency Pair.

  • ForexClear marginreports also show the portfolio of open ForexClear Deliverable of each FXCCM and of each FXD by ForexClear Currency Pair.

  • Upon the Clearing House notifying the ForexClear Clearing Member that such requested limit is approved, including the time at which such limit shall take effect, such limit shall be considered the “Settlement Position Limit” for the given ForexClear Currency for the relevant ForexClear Clearing Member.

  • Subject to the Regulations and Section 1.19.2, the Clearing House shall from time to time determine the (i) Settlement Position Limit and (ii) Settlement Exposure Limit in respect of each ForexClear Currency and each relevant ForexClear Clearing Member.

  • A ForexClear Clearing Member may request, in such form and manner as the Clearing House prescribes from time to time, that the Clearing House set a Settlement Position Limit for a given ForexClear Currency below the limit determined pursuant to paragraph (a) above, provided that such requested limit meets the Clearing House’s risk tolerance, as determined by the Clearing House in its sole discretion.

  • Subject to the Regulations, the Clearing House shall, in its sole and absolute discretion, determine from time to time the Mandatory ForexClear Swap Limit in respect of each ForexClear Clearing Member and each ForexClear Currency.

  • From time to time the Clearing House shall notify each ForexClear Option Clearing Member of the Settlement Position Limit, Settlement Exposure Limit and Mandatory ForexClear Swap Limit applicable to it and each ForexClear Currency in accordance with the Procedures.

Related to ForexClear Currency

  • Domestic Currency means the currency specified as such and any successor currency. If no currency is so specified, the Domestic Currency shall be the lawful currency and any successor currency of (i) the relevant Reference Entity, if the Reference Entity is a Sovereign, or (ii) the jurisdiction in which the relevant Reference Entity is organised, if the Reference Entity is not a Sovereign. In no event shall Domestic Currency include any successor currency if such successor currency is the lawful currency of any of Canada, Japan, Switzerland, the United Kingdom or the United States of America or the euro (or any successor currency to any such currency).

  • Termination Currency means United States Dollars.

  • First Currency has the meaning specified in Section 1.15.

  • Fiat Currency means a currency issued by a country's government or central bank.

  • Primary Currency has the meaning specified in Section 9.11(c).

  • LIBOR Currency means the currency specified on the face hereof as to which LIBOR shall be calculated or, if no currency is specified on the face hereof, United States dollars. “LIBOR Page”

  • Other Currency has the meaning specified in Section 1.15.

  • 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.

  • Original Currency has the meaning assigned to such term in Section 2.17.

  • National Currency means the currency, other than the Euro, of a Participating Member State.

  • Denomination Currency has the meaning specified in Section 14(b).

  • Designated LIBOR Currency means the currency specified on the face hereof as to which LIBOR shall be calculated or, if no such currency is specified on the face hereof, United States dollars.

  • 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.

  • Index Currency means USD.

  • Foreign Currency means any currency or currency unit issued by a government other than the government of The United States of America.

  • Not Domestic Currency means any obligation that is payable in any currency other than the Domestic Currency.

  • Eligible Currency means any currency other than Dollars that is readily available, freely traded, in which deposits are customarily offered to banks in the London interbank market, convertible into Dollars in the international interbank market available to the Lenders in such market and as to which a Dollar Amount may be readily calculated. If, after the designation by the Lenders of any currency as an Agreed Currency, currency control or other exchange regulations are imposed in the country in which such currency is issued, or any other event occurs, in each case with the result that different types of such currency are introduced, such country’s currency is (i) in the determination of the Administrative Agent, no longer readily available or freely traded, or (ii) as to which, in the determination of the Administrative Agent, a Dollar Amount is not readily calculable a “Disqualifying Event”), then the Administrative Agent shall promptly notify the Lenders, the Domestic Borrowers and any applicable Foreign Borrower, and such country’s currency shall no longer be an Agreed Currency until such time as the Disqualifying Event(s) no longer exist, but in any event within five (5) Business Days of receipt of such notice from the Administrative Agent, the Domestic Borrowers or such applicable Foreign Borrower shall repay all Loans in such currency to which the Disqualifying Event applies or convert such Loans into the Dollar Amount of Loans in Dollars, subject to the other terms contained in Article II.

  • Obligation Currency shall have the meaning assigned to such term in Section 11.18(a).

  • Party A Currency Amount In respect of each Party A Calculation Period, an amount in Dollars equal to the principal amount outstanding of the Relevant Notes on the first day of such Calculation Period (after taking into account any redemption on such day).

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

  • 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).

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

  • Balance Currency means the currency that the trading account is denominated in and all charges including spreads, commissions and swaps, are calculated in that currency.

  • Cryptocurrency means a digital or electronic medium of exchange, operating independently of a central bank, in which encryption techniques are used to regulate generation of units and to verify transfer of units from one person to another.

  • 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.

  • Specified Currency means the currency specified as such hereon or, if none is specified, the currency in which the Notes are denominated.