Examples of ForexClear Spot Contract in a sentence
From (and including) the Registration Time to the EOD Margin and Settlement Run on the business day preceding the Settlement Date, each ForexClear Spot Contract, ForexClear Deliverable Forward Contract and ForexClear Swap Contract is valued in either USD or EUR using the current market rates and discounted from the future Settlement Date to its present value (using the data submitted by FXCCMs, in accordance with Section 1.5.2 (Market Data Sources and Frequencies)).
From (and including) theRegistration Time to the EOD Margin and Settlement Run on the business day preceding the Settlement Date, each ForexClear Spot Contract, ForexClear Deliverable Forward Contract and ForexClear Swap Contract is valued in either USD or EUR using the current market rates and discounted from the future Settlement Date to its present value (using the data submitted by FXCCMs, in accordance with Section 1.5.2 (Market Data Sources and Frequencies)).
The Clearing House will notify the FXCCMs via file download from the Clearing Member Reporting as to any ForexClear NDF Contract, ForexClear Spot Contract, ForexClear Swap Contract, ForexClear Deliverable Forward Contract, or ForexClear Option Contract affected and the date adjustments made.
From (and including) the Registration Time to the EOD Margin and Settlement Run on the business day preceding the Settlement Date, each ForexClear Spot Contract, ForexClear Deliverable Forward Contract and ForexClear Swap Contract is valued in either USD or EUR using the current marketrates and discounted from the future Settlement Date to its present value (using the data submitted by FXCCMs, in accordance with Section 1.5.2 (Market Data Sources and Frequencies)).
In the event of any inconsistency between these ForexClear Spot Contract Terms and the Regulations and the Procedures, the Regulations and the Procedures will prevail.
Regulation 96 d) notes that any ForexClear Deliverable Forward Contract or ForexClear Spot Contract arising upon the exercise or deemed exercise of a ForexClear Option Contract shall be registered as STM or CTM Contracts, as applicable.
Any ForexClear Deliverable Forward Contract or ForexClear Spot Contract that arises pursuant to this Regulation 96 shall be registered as a ForexClear Deliverable Forward STM Contract or a ForexClear Spot STM Contract (as applicable) if the ForexClear Option Contract to which it relates was registered as ForexClear Option STM Contract at the point immediately prior to exercise (or deemed exercise).
A person who is not a party to this ForexClear Spot Contract shall have no rights under or in respect of it.
Rights of third parties to enforce any terms of this ForexClear Spot Contract pursuant to the Contracts (Rights of Third Parties) Act 1999 are expressly excluded.
Clearing House : General Regulations - 289- March 2018 For the avoidance of doubt, the Clearing House shall be entitled (in accordance with Regulation 16(c)) to refuse to register any new ForexClear Spot Contract notwithstanding that it may satisfy (i) and (ii) above if it considers such action advisable for its own protection or the protection of the relevant market.