FX Option definition

FX Option means, in respect of an OTC Derivative Contract, a contract giving the designated buyer the right to buy or sell a specified number of currency units at an agreed price on a specified date or over a specified time period.
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FX Option means a FX Put or a FX Call, as the case may be, which is or shall become subject to the Agreement;
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FX Option means a Transaction which includes a Simple FX Option but also includes the Client granting Velocity Trade the right to buy or sell the same quantity of the same currency on the same Value Date (or earlier) as the Simple FX Option at a price which is either fixed on the Trade Date or to be determined at a later date by reference to another currency; Tax(es) includes any tax, levy, impost, stamp or other duty and any other charge, deduction or withholding of a similar nature (including any penalty or interest payable in connection with any failure to pay or any delay in paying any of these); Tenor FX means any FX Forward, FX Swap or FX Option; Terminated Transaction means a Transaction that is terminated in accordance with clause 20;
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Examples of FX Option in a sentence

  • In addition, where the relevant Issue Terms specify that FX Option Conversion is applicable, the Reference Item Amount will be adjusted to reflect changes in the specified exchange rate between the relevant initial exchange rate and the relevant final exchange rate on the specified FX valuation date(s).

  • An OTC derivative is not tradable on a regulated exchange.Objectives Buying an FX Option means that you agree in advance with the Bank the rate (strike price) forwhich you can buy (‘Call Option’) or sell (‘Put Option’) a particular currency on a particular date.

  • When buying an FX Cylinder (‘Cylinder’) you agree in advance with the Bank on a minimum and maximum exchange rate at which you want to buy or sell a certain currency on a given date, equal to an FX Option.

  • The treatment of a Margin FX Option will depend on the nature of the option, whether it is on revenue account or capital account.

  • You receive a premium in advance from the Bank for selling an FX Option.Selling (‘writing’) an FX Option can be used for investment purposes.The amounts and other details in this document are used for indicative purposes.

  • If the market rate at the expiry time on the agreed date is more favourable than the strike price, the Bank will not use its right to buy or sell currency (exercise the FX Option).

  • You pay the Bank a premium in advance for buying an FX Option.The FX Option can be used for hedging or investment purposes.The amounts and other details in this document are used for indicative purposes.

  • Except in the case of our Margin FX Option product, these losses may be far greater than the money that you have deposited into your Account or are required to satisfy Margin requirements.

  • If the market rate at the expiry time on the agreed date is more favourable than the strike price, it is unfavourable to use your right to buy or sell currency (exercise the FX Option).

  • A FX Option is a risk management tool which gives the buyer of the option a right, but not the obligation to exchange a specific amount of one currency for another at a predetermined price and date in the future.

Related to FX Option

  • Top-Up Option has the meaning set forth in Section 1.04(a).

  • 3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.

  • Vested Option means any Option, which has already been vested according to the Vesting Dates.

  • Related Option means an Option with respect to which a Stock Appreciation Right has been granted.

  • Reload Option means any Option granted under Section 6(a)(iv) of the Plan.

  • Unvested Option means an Option in respect of which the relevant Vesting Conditions have not been satisfied and as such, the Option Grantee has not become eligible to exercise the Option.

  • SAR means a stock appreciation right granted under the Plan.

  • Stock Index Option means an exchange traded option entitling the holder, upon timely exercise, to receive an amount of cash determined by reference to the difference between the exercise price and the value of the index on the date of exercise.

  • Option means a stock option granted pursuant to the Plan.

  • Shoe Option means the Initial Purchasers’ option to purchase up to seventy five million dollars ($75,000,000) aggregate principal amount of additional Notes as provided for in the Purchase Agreement.

  • Nonqualified Option means any Option that is not an Incentive Stock Option.

  • Option Right means the right to purchase Common Shares upon exercise of an option granted pursuant to Section 4 of this Plan.

  • Director Option means an Option granted pursuant to Section 6.

  • Stock Option means a contractual right granted to an Eligible Person under Section 6 hereof to purchase shares of Common Stock at such time and price, and subject to such conditions, as are set forth in the Plan and the applicable Award Agreement.

  • Share Option means a Nonqualified Share Option or an Incentive Share Option.

  • Vested Options means the Options that have vested in accordance with Section 2.2 of this Agreement.

  • Option Exercise Period has the meaning set forth in Section 6.4.

  • Optioned Stock means the Common Stock subject to an Option.

  • Unit Appreciation Right or “UAR” means a contingent right that entitles the holder to receive the excess of the Fair Market Value of a Unit on the exercise date of the UAR over the exercise price of the UAR.

  • Call Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and payment of the exercise price, as specified therein, to purchase from the writer thereof the specified underlying Securities.

  • Option Exercise Price means the price at which a share of Common Stock may be purchased upon the exercise of an Option.

  • Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.

  • Vested Company Option means each Company Option outstanding as of immediately prior to the Effective Time that is vested as of immediately prior to the Effective Time or will vest solely as a result of the consummation of the Merger.

  • Stock Reload Option means any option granted under Section 6.3, below, as a result of the payment of the exercise price of a Stock Option and/or the withholding tax related thereto in the form of Stock owned by the Holder or the withholding of Stock by the Company.

  • Employee Option means an Option granted pursuant to Section 5.

  • 102 Option means any Option granted to Employees pursuant to Section 102 of the Ordinance.