Gross Liquidation Value definition
Gross Liquidation Value or “GLV” means the balance of the CFD Account if the Client were to close out all CFDs at the current market price (less any transaction charges or adjustments), calculated by CGS-CIMB in the base currency of the CFD Account on an aggregate basis across all open CFD positions.
Gross Liquidation Value or “GLV” means the balance of the Account if the Client were to close out all CFDs at the current market price (before deducting any commission, transaction charges or adjustments), calculated by CGS-CIMB in the base currency of the Account on an aggregate basis across all open CFD positions;
Gross Liquidation Value o r “GLV” means the balance o f an ASX CFD Currency Ledger if all Co ntracts in that currency were clo sed o ut, no t including bro kerage o r o ther fees incurred when clo sing the po sitio ns. It is calculated witho ut reference to any o ther Currency Ledger;