Futures CFD means a CFD where the value of the contract derives its value from an underlying asset or instrument whose price is quoted on a futures market. Fully Hedged Position means an Open Position that is equal and opposite of another Open Position.
Futures CFD means a CFD where Underlying Instrument is a future product;
Futures CFD means a CFD where the value of the contract derives its value from an underlying asset or instrument whose price is quoted on a futures market.
Examples of Futures CFD in a sentence
Where an Order for a Futures CFD is held at the Close of Trade on the Close-Out Date, the Order is automatically rolled over meaning that the contract is closed, and a new Order is created for the Futures CFD on the next Trading Day at the new contract price.
Rich Smart will not automatically roll over an Open Position for a Futures CFD held at the Close of Trade on the Close- Out Date unless Xxxx Xxxxx has provided reasonable notice to the Client of the Close-Out Date and the position remains open after this date.
Where an Order for a Futures CFD is held overnight, the Order is not subject to a Swap Charge or Swap Credit.
Where an Order for a Futures CFD is held at the Close of Trade on the Close-Out Date, an adjustment will be applied to the Client’s account to reflect the difference between the old contract price and the new contract price for the Futures CFD less an administration fee of 2.5 basis points payable to Rich Smart.
More Definitions of Futures CFD
Futures CFD means a CFD where Underlying Instrument is a future product; EXCHANGE RATE means the exchange rate we may offer to you from time to time having regard to the applicable prevailing Interbank Rates and our markup, HighForex Global Limited Client Agreement and which is available to you from us via the Trading Platform or on request; EXPIRY DATE means the day on which a Contract expires;
Futures CFD means CFD whose value fluctuates by reference to the fluctuations in the value of an underlying instrument, which is an equity index futures contract. Insolvency event means any of the following: a. An order is made that a corporate client be wound up; b. An application is made to a court for an order: i. that a corporate client be wound up; ii. appointing a liquidator or provisional liquidator for a corporate client; c. A liquidator, provisional liquidator or controller is appointed to a corporate client; d. A resolution is passed to appoint an administrator to a corporate client; e. You enter into a deed of company arrangement or propose a reorganisation, moratorium or other administration involving all or any of your creditors; f. A corporate client is dissolved or wound up in any other way; g. You are or state that you are unable to pay your debts as and when they fall due; h. You are or state that you are insolvent; i. You seek or obtain protection from any of your creditors under any legislation; j. You become insolvent or commit an act of bankruptcy or your estate comes within the law dealing with bankrupts; k. A bankruptcy petition is presented in respect of you or, if a partnership, in respect of one or more of the partners, or if a company, a receiver, trustee, administrative receiver or similar officer is appointed; l. If execution is levied against your business or your property and is not removed, released, lifted, discharged or discontinued within 28 days; m. You seek a moratorium or propose any arrangement or compromise with your creditors; n. Any other event having substantially the same legal effect as the events specified in Paragraphs (a) to (n) above; o. Any security created by any mortgagee or charge becomes enforceable against you and the mortgagee or chargee takes steps to enforce the security or charge; p. Any indebtedness of you or any of your related corporations becomes immediately due and payable, or capable of being declared so due and payable, prior to its stated maturity by reason of your default or the default of any of your subsidiaries, or you or any of your subsidiaries fail to discharge any indebtedness on its due date; q. You fail fully to comply with any obligations under this Agreement or any Margin FX contract or CFD; r. Any of the representations or warranties given by you are, or become, untrue; s. We reasonably consider it necessary for our own protection or the protection of our Associates.
Futures CFD is a form of CFD that gives exposure to changes in the value of a futures contract. It is not a futures contract traded on any exchange and it cannot result in the delivery of any Instrument to or by you;
Futures CFD means a CFD where the value of the contract derives its value from an underlying asset or instrument whose price is quoted on a futures market. Fully Hedged Position means an Open Position that is equal and opposite of another Open Position. Guarantor means any person(s) identified as such in the Application Form. Hedged Position is as defined in clause 3.7. Instruction means any instruction or request given by the Client to VBTRADETECH FX relating to the execution of a Financial Product as provided for under clause 8.2. Insolvency Event means any steps taken for: the winding‐up, dissolution or administration of the Client; the Client to enter into any arrangement, compromise or composition with or assignment for the benefit of its creditors or any class of them except for the purposes of a solvent reconstruction or amalgamation; or a receiver, receiver and manager, or other controllers, administrator or similar officer to be appointed with respect to, or takes control of, the Client or any of the Client’s assets and undertakings. Law means any local or foreign law, regulation or judgment, court order or sanctions regimes which VBTRADETECH FX is subject to. Long Party means in respect of any Order the party identified in the Trade Confirmation Notice as having notionally bought the underlying asset or assets to the OTC derivative contract.