FX Business definition

FX Business means the business, as previously or currently conducted by Refco Capital Markets Ltd., encompassing execution, clearing, securities financing, securities lending, custody and trade processing in the foreign exchange markets for institutional clients, wherever located, and activities related or ancillary thereto.
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Examples of FX Business in a sentence

  • FX Forward Contracts shall have a Settlement Date of at least one (1) FX Business Day after the contract date and shall be subject to a reserve of ten percent (10%) of each outstanding FX Forward Contract (the “FX Reserve”).

  • FX Forward Contracts shall have a Settlement Date of at least one (1) FX Business Day after the contract date.

  • FX Contracts shall have a Settlement Date of at least one (1) FX Business Day after the contract date.

  • FX Forward Contracts shall have a Settlement Date of at least one (1) FX Business Day after the contract date and shall be subject to a reserve of ten percent (10%) of each outstanding FX Forward Contract.

  • Each FX Forward Contract shall have a Settlement Date of at least one (1) FX Business Day after the contract date and shall be subject to a reserve of ten percent (10%) of the outstanding amount of the FX Forward Contract (the “FX Reserve”).

  • FX Forward Contracts shall have a Settlement Date of at least one (1) FX Business Day after the contract date and shall be subject to a reserve of ten percent (10%) of each outstanding FX Forward Contract in a maximum aggregate amount equal to Five Hundred Thousand Dollars ($500,000) (the “FX Reserve”).

  • FX Forward Contracts shall have a Settlement Date of at least one (1) FX Business Day after the contract date and shall be subject to a reserve of ten percent (10.0%) of each outstanding FX Forward Contract.

  • FX Forward Contracts shall have a Settlement Date of at least one (1) FX Business Day after the contract date and shall be subject to a reserve of ten percent (10%) of each outstanding FX Forward Contract in a maximum aggregate amount equal to the Availability Amount (the “FX Reserve”).

  • FX Forward Contracts shall have a Settlement Date of at least one (1) FX Business Day after the contract date and shall be subject to a reserve of ten percent (10%) of each outstanding FX Forward Contract in a maximum aggregate amount equal to One Hundred Fifty Thousand Dollars ($150,000) (such maximum shall be the “FX Reserve”).

  • In respect of Spot Transactions you may instruct us to rollover a Spot Transaction by giving proper instructions in good time to enable us to carry out those instructions in accordance with the time zone of the relevant currency or currencies on an FX Business Day.