Leverage Rate definition

Leverage Rate means a transaction size/ margin ratio for each Admiral Product as listed on Admiral’s website at xxx.xxxxxxxxxxxxxx.xxx.xx. For example, the 1:30 Leverage Rate means that the Client is required to have 3.33% of transaction size in its Account as Margin.
Leverage Rate means a transaction size/ margin ratio for each Admiral Product as listed on Admiral’s website at xxx.xxxxxxxxxxxxxx.xxx.xx. For example, the 1:100 Leverage Rate means that the Client is required to have 1% of transaction size in its Account as Margin. Long Party means the party to a Transaction who is treated as having notionally bought the Underlying Reference Instrument. Loss means a damage, loss, cost, expense or liability incurred by the person concerned, however it arises and whether it is present or future, fixed or unascertained, actual or contingent. Lot means the unit that represents the volume of a Transaction taking into consideration the Contract Size. It can be represented as a portion of a Lot subject to the minimum lot size, for example (0.1 of a lot) being referred to as a mini Lot or (0.01 of a Lot) being referred to as a micro Lot.

Examples of Leverage Rate in a sentence

  • The variables of your actual Transactions will, of course, differ, so please check with Admiral before entering into your Transaction.Equity Derivatives The fees, charges and Leverage Rate Rates used in this example are hypothetical and you should either contact Admiral or view the website prior to trading for all relevant and current information.

  • MANDATORY EQUIPMENT (a) Trainer are required to have sufficient resources and equipment in safe working order for all course participants.

  • Example: Buying AUS200: This example assumes that: • the Trading Account base currency selected is AUD • no brokerage, commission or Transaction Fee is charged • the Leverage Rate for major stock market Index is 1:20 i.e. Initial Margin is set at 5% of the Contract Value Opening the position You consider that AUS200 is going to rise over the medium term due to a positive economic outlook and wish to speculate the price will go higher.

  • Leverage Rate means a transaction size/ margin ratio for each Global Prime FX Product.

  • Example: Buying a ‘short’ Agricultural Commodity Derivative Product • the Trading Account Currency is United states dollars • no brokerage, commission or Transaction Fee is charged• the Leverage Rate for the Commodity OTC Contract is 1:10, i.e. Initial Margin is set at 10% of the Contract Value • 1 lot is equivalent to 1,000 pounds; and • cotton spot contracts are priced in US dollar cents per pound.

  • Example: Buying spot gold: This example assumes that: • the Trading Account base currency selected is USD• no brokerage, commission or Transaction Fee is charged • the Standard Trading Account Leverage Rate is 1:100 for a Spot Metal Contract i.e. Initial Margin is set at 1% of the Contract Value; • 1 Lot of gold is equivalent to 100 ounces; and • the price of the Fusion Markets Spot Metal Contract moves in line with the market price of the spot gold.

  • The fees, charges and Leverage Rate Rates used in this example are hypothetical only and you should either contact Global Prime FX or view the website prior to trading for all relevant and current information.

  • Example: Opening and closing a ‘long’ Equity CFD traded on IRESS Trading Platform This example assumes that: • the Trading Account base currency selected is AUD; • the Leverage Rate for CFD referencing shares is 1:5 i.e Initial Margin is set at 20% of the Contract Value; and • 1 Lot is equivalent to 1 Equity CFD Contract.

  • Example - Buying BTC/USD This example assumes that: • the Trading Account base currency selected is USD; • no brokerage, commission or Transaction Fee is charged; • he Leverage Rate for CFD referencing crypto assets is 1:20 i.e Initial Margin is set at 50% of theContract Value; and • 1 Lot is equivalent to 1 Cryptocurrency OTC Contract.

  • Example: Buying a ‘short’ Agricultural Commodity Derivative Product • the Trading Account Currency is United states dollars • no brokerage, commission or Transaction Fee is charged • the Leverage Rate for the Commodity Derivatives is 1:10, i.e. Initial Margin is set at 10% of the Contract Value • 1 lot is equivalent to 1,000 pounds; and • cotton spot contracts are priced in US dollar cents per pound.

Related to Leverage Rate

  • Average Rate means the simple arithmetic mean of the bank rates in effect at 4:00 p.m. Eastern Standard Time each day during the calendar month which immediately precedes the calendar month in which payment is made, where the "bank rate" means the rate of interest established from time to time by the Bank of Canada as the minimum rate at which the Bank of Canada makes short term advances to members of the Canadian Payments Association;

  • Leverage Ratio means, on any date, the ratio of (a) Consolidated Total Indebtedness as of such date to (b) Consolidated EBITDA for the period of four consecutive fiscal quarters of the Company most recently ended on or prior to such date.

  • Maximum Leverage Ratio shall have the meaning assigned thereto in the Pricing Side Letter.

  • Total Leverage Ratio means, on any date, the ratio of (a) Consolidated Total Debt as of such date to (b) Consolidated EBITDA for the Test Period as of such date.

  • Wage Rate refers to an Employee’s hourly rate of pay reflected by the pay grade of her position and her step within that grade, as set out in the Wage Rate grid in Appendix II.

  • Secured Net Leverage Ratio means, on any date, the ratio of (a) Consolidated Secured Net Debt as of such date to (b) Consolidated EBITDA for the Test Period as of such date.

  • Adjusted Leverage Ratio means, as of any date, the ratio of (a) Consolidated Total Funded Debt outstanding as of such date minus any Unrestricted Cash over $3,000,000 to (b) EBITDA for the period of four consecutive fiscal quarters ending on such date.

  • Net Total Leverage Ratio means on any date, the ratio of (A) (i) the sum of, without duplication, (x) the aggregate principal amount of any Consolidated Debt consisting of Loan Obligations outstanding as of the last day of the Test Period most recently ended as of such date (other than Excluded Transaction Debt) and (y) the aggregate principal amount of any other Consolidated Debt of the Borrower and its Subsidiaries as of the last day of such Test Period (other than Excluded Transaction Debt) less (ii) without duplication, the Unrestricted Cash and unrestricted Permitted Investments of the Borrower and its Subsidiaries as of the last day of such Test Period, to (B) EBITDA for such Test Period, all determined on a consolidated basis in accordance with GAAP; provided, that the Net Total Leverage Ratio shall be determined for the relevant Test Period on a Pro Forma Basis.

  • Cash Flow Leverage Ratio means as of the last day of any calendar quarter the ratio of the Total Funded Debt as of such day to Adjusted EBITDA for the four calendar quarters then ended.

  • Total Net Leverage Ratio means, as of any date of determination, the ratio, on a Pro Forma Basis, of (a) Consolidated Total Indebtedness as of such date to (b) Consolidated EBITDA for the most recently completed Test Period.

  • Consolidated Net Leverage Ratio means, as of any date of determination, the ratio of (a) Consolidated Funded Indebtedness as of such date, minus unrestricted cash and Cash Equivalents of the Loan Parties on deposit with financial institutions located in the United States, not to exceed $75,000,000 to (b) Consolidated EBITDA of the Borrower and its Restricted Subsidiaries on a consolidated basis for the most recently completed Measurement Period.

  • Effective Leverage Ratio has the meaning set forth in the Statement.

  • Net Leverage Ratio means, at any time, the ratio of (a)(i) Consolidated Total Indebtedness at such time minus (ii) the Qualified Cash Amount to (b) Consolidated EBITDA for the most recently completed period of four fiscal quarters.

  • Secured Leverage Ratio means, on any date, the ratio of (a) Consolidated Secured Debt as of such date to (b) Consolidated EBITDA for the Test Period as of such date.

  • Consolidated Leverage Ratio means, as of any date of determination, the ratio of (a) Consolidated Funded Indebtedness as of such date to (b) Consolidated EBITDA for the most recently completed four fiscal quarters.

  • Consolidated Total Leverage Ratio means, with respect to any Person as of any Applicable Calculation Date, the ratio of (x) Consolidated Total Indebtedness as of such date to (y) the aggregate amount of Consolidated EBITDA for the period of the most recent four consecutive fiscal quarters ending prior to the Applicable Calculation Date for which internal consolidated financial statements of the Issuer are available, in each case with such pro forma adjustments as are consistent with the pro forma adjustments set forth in the definition of “Fixed Charge Coverage Ratio.”

  • Senior Net Leverage Ratio means, as of any date of determination, the ratio of (a) Senior Indebtedness on such date to (b) Consolidated Adjusted EBITDA for the period of four consecutive fiscal quarters of the Borrower ended on or prior to such time (taken as one accounting period) in which financial statements for each quarter or fiscal year in such period have been or were required to be delivered pursuant to Section 5.01(a) or (b) without giving effect to any grace period applicable thereto.

  • First Lien Leverage Ratio means the ratio, as of any date, of (a) Consolidated First Lien Debt as of the last day of the Test Period then most recently ended to (b) Consolidated Adjusted EBITDA for the Test Period then most recently ended, in each case of the Borrower and its Restricted Subsidiaries on a consolidated basis.

  • First Lien Net Leverage Ratio means, with respect to any Test Period, the ratio of (a) Consolidated First Lien Net Indebtedness as of the last day of such Test Period to (b) Consolidated EBITDA for such Test Period.

  • Coverage Ratio As to any one or more of the Combined Leased Properties, the ratio of the EBITDARM generated by such Combined Leased Property(ies) to Base Rent allocable thereto under the applicable Combined Leases, in each case for the four (4) full calendar quarters ending not less than sixty (60) days prior to the occurrence of a Section 16.10.3.1

  • Interest Coverage Ratio means, as of the end of each fiscal quarter, the ratio of (a) Consolidated EBITDA to (b) Consolidated Interest Expense, in each case for the then-most recently concluded period of four consecutive fiscal quarters.

  • Senior Leverage Ratio means, on any date, the ratio of Total Debt less the sum of (a) the aggregate outstanding principal amount of the Senior Subordinated Notes plus (b) Available Cash on such date to Consolidated EBITDA for the period of four consecutive fiscal quarters most recently ended on or prior to such date.

  • Consolidated Secured Net Leverage Ratio means, as of any date of determination, the ratio of (a) Consolidated Total Debt as of such date that is then secured by Liens on property or assets of the Company and its Restricted Subsidiaries as of any date of determination to (b) EBITDA of the Company and its Restricted Subsidiaries for the most recently ended Test Period on or prior to such date, in each case with such pro forma adjustments as are consistent with the pro forma adjustments set forth in the definition of “Interest Coverage Ratio.”

  • Consolidated Total Net Leverage Ratio means, with respect to any Test Period, the ratio of (a) Consolidated Total Net Debt as of the last day of such Test Period to (b) Consolidated EBITDA of the Borrower and its Restricted Subsidiaries for such Test Period.

  • Unencumbered Leverage Ratio means, as of any date of determination, the quotient (expressed as a percentage) of (a) Unsecured Indebtedness of Parent and its Subsidiaries, divided by (b) Unencumbered Asset Value.

  • Adjusted Net Mortgage Rate As to each Mortgage Loan and at any time, the per annum rate equal to the Mortgage Rate less the Expense Fee Rate.