Index Currencies definition

Index Currencies means the underlying Currencies that comprise Index or Indexes from time to time, as described in the Prospectus.
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Index Currencies means the underlying Currencies which comprise the Deutsche Bank G10 Currency Future Harvest Index – Excess Return™ from time to time, as described in the Prospectus.
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Index Currencies means the underlying Currencies that comprise an Index or Indexes from time to time.
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Examples of Index Currencies in a sentence

  • DX Contracts, similar to single currency futures contracts, will trade at a forward premium or discount based on the interest rate differential between the U.S. dollar and the Index Currencies.

  • In turn, this appreciation in the short DX Contracts reflects the fall of the U.S. dollar relative to the underlying basket of Index Currencies which comprises the USDX®.

  • In turn, this appreciation in the long DX Contracts reflects the rise of the U.S. dollar relative to the underlying basket of Index Currencies which comprises the USDX®.

  • The use of long and short positions in the construction of the Index causes the Index to rise as a result of any upward price movement of Index Currencies (as defined below) expected to gain relative to the USD and to rise as a result of any downward price movement of Index Currencies expected to fall relative to the USD.

  • The G10 currencies, or Eligible Index Currencies, are United States Dollar (USD), Euro (EUR), Japanese Yen (JPY), Canadian Dollar (CAD), Swiss Franc (CHF), British Pound (GBP), Australian Dollar (AUD), New Zealand Dollar (NZD), Norwegian Krone (NOK) and Swedish Krona (SEK).

  • DX Contracts are traded through the FINEX® currency markets of the New York Board of Trade® (the “NYBOT®”) under the symbol “DX.” The fair value of DX Contracts is based on foreign exchange future prices for the underlying Index Currencies (as defined below).

  • This involves hedging the Fund’s Index Currencies back to the Hedged Share Class Currency without reference to the Fund’s Reference Currency or its Investment Currency.

  • The inclusion of both long and short positions is also expected to reduce the country specific foreign exchange risk of the Index relative to a directional (outright long or short) exposure to any or all of the Index Currencies.

  • DX Contracts are traded through ICE Futures U.S., under the symbol “DX.” The fair value of DX Contracts is based on foreign exchange future prices for the underlying Index Currencies (as defined below).

  • The futures contracts on the Index Currencies are rolled during the Index Re-Weighting Period.


More Definitions of Index Currencies

Index Currencies means the underlying Currencies which comprise the Index from time-to-time.
Sample 1Sample 2Sample 3
Index Currencies means the underlying currencies that comprise the Deutsche Bank US Dollar Index (USDX®) Futures Index – Excess Return, from time to time, as described in the Prospectus.
Sample 1Sample 2
Index Currencies means the underlying currencies that comprise the Deutsche Bank US Dollar Index (USDX) Future – Excess Return™, from time to time, as described in the Prospectus.
Sample 1
Index Currencies means the underlying Currencies which comprise the Deutsche Bank G10 Currency Future Harvest Index™—Excess Return from time to time, as described in the Prospectus.
Sample 1

Related to Index Currencies

  • Index Currency means USD.

  • LIBOR Currency means the currency specified on the face hereof as to which LIBOR shall be calculated or, if no currency is specified on the face hereof, United States dollars. “LIBOR Page”

  • Currencies means the collective reference to Dollars and Available Foreign Currencies.

  • Alternative Currencies means any currency (other than Dollars) approved by the Administrative Agent and the applicable Issuing Bank.

  • Committed Currencies means lawful currency of the United Kingdom of Great Britain and Northern Ireland and Euros.

  • Designated LIBOR Currency means the currency or composite currency specified on the face hereof as to which LIBOR shall be calculated. If no such currency or composite currency is specified on the face hereof, the Designated LIBOR Currency shall be United States dollars.

  • Foreign Currencies means Agreed Currencies other than Dollars.

  • Agreed Currencies means (i) Dollars, (ii) euro, (iii) Pounds Sterling, (iv) Japanese Yen, (v) Canadian Dollars, (vi) Swiss Francs and (vii) any other currency (x) that is a lawful currency (other than Dollars) that is readily available and freely transferable and convertible into Dollars, (y) for which a LIBOR Screen Rate is available in the Administrative Agent’s reasonable determination and (z) that is reasonably acceptable to the Administrative Agent and each of the Revolving Lenders.

  • Reference Currency means the currency specified as such in the applicable Final Terms.

  • Applicable Currency means as to any particular payment or Loan, Dollars or the Alternative Currency in which it is denominated or is payable.

  • Alternative Currency Daily Rate means, for any day, with respect to any Credit Extension:

  • Eligible Currency means each currency specified as such in Paragraph 11(a)(ii), if such currency is freely available.

  • Alternate Currency means (i) with respect to any Letter of Credit, Canadian Dollars and any other currency other than Dollars as may be acceptable to the Administrative Agent and the Issuing Bank with respect thereto and all respective Lenders of such Facility with respect thereto in their sole discretion and (ii) with respect to any Loan, any currency other than Dollars that is approved in accordance with Section 1.05.

  • Balance Currency means the currency that the trading account is denominated in and all charges including spreads, commissions and swaps, are calculated in that currency.

  • Available Currency means Dollars, Euros and Sterling.

  • Non-LIBOR Quoted Currency means any currency other than a LIBOR Quoted Currency.

  • LIBOR Quoted Currency means each of the following currencies: Dollars; Euro; Sterling; Yen; and Swiss Franc; in each case as long as there is a published LIBOR rate with respect thereto.

  • Quote Currency means the second currency in the Currency Pair which can be bought or sold by the Client for the Base Currency.

  • Canadian Dollar means the lawful currency of Canada.

  • Overnight Foreign Currency Rate means, for any amount payable in a Foreign Currency, the rate of interest per annum as determined by the Administrative Agent at which overnight or weekend deposits in the relevant currency (or if such amount due remains unpaid for more than three (3) Business Days, then for such other period of time as the Administrative Agent may elect) for delivery in immediately available and freely transferable funds would be offered by the Administrative Agent to major banks in the interbank market upon request of such major banks for the relevant currency as determined above and in an amount comparable to the unpaid principal amount of the related Credit Event, plus any taxes, levies, imposts, duties, deductions, charges or withholdings imposed upon, or charged to, the Administrative Agent by any relevant correspondent bank in respect of such amount in such relevant currency.

  • Euro-Dollar Rate means a rate of interest determined pursuant to Section 2.07(c) on the basis of a London Interbank Offered Rate.

  • Dollar Equivalent of the Foreign Currency has the meaning specified in Section 312(f).

  • EURIBOR Screen Rate has the meaning assigned to such term in the definition of “Eurocurrency Rate”.

  • Alternative Currency Daily Rate Loan means a Loan that bears interest at a rate based on the definition of “Alternative Currency Daily Rate.” All Alternative Currency Daily Rate Loans must be denominated in an Alternative Currency.

  • Offshore Currency means any lawful currency (other than dollars) that the relevant Issuing Bank with respect to any Offshore Currency Letter of Credit, in its sole reasonable opinion, at any time determines to be (a) freely traded in the offshore interbank foreign exchange markets, (b) freely transferable and (c) freely convertible into dollars.

  • Euro-Dollar Margin means a rate per annum determined in accordance with the Pricing Schedule.