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.
Sample 1Sample 2Sample 3

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.

  • 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.

  • 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: 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 spot gold: This example assumes that: • the Trading Account base currency selected is USD • no brokerage, commission or Transaction Fee is charged • the Leverage Rate for gold is 1:20 i.e. Initial Margin is set at 5% of the Contract Value; • 1 Lot of gold is equivalent to 100 ounces; and • the price of the Fusion Markets Spot Metal Product moves in line with the market price of the spot gold.

  • 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.

  • This cash can be leveraged by the Max Leverage Rate during the period to obtain the Max Leverage Cash.

  • On the other hand, the State Council of the PRC promulgated the “Opinions on Stabilising the Leverage Rate of Enterprises”《關於積極穩妥降低企業槓桿率的意見》(the “Opinions”) in October 2016 which aimed at promoting long-term sustainable economic development of the State.

  • Below is the table on leverage ratio according to the Guideline of the Measuring and Evaluating Banks’ Leverage Rate, published in the Official Gazette no.28812 and dated 5 November 2013.

  • Below is the table on leverage ratio according to the Guideline of the Measuring and Evaluating Banks’ Leverage Rate, published in the Official Gazette no.28812 and date November 5, 2013.

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, as of any date, the ratio of (i) Consolidated Total Debt as of such date to (ii) Consolidated EBITDA for the four consecutive Fiscal Quarters ending on or immediately prior to such date.

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

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

  • 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) without duplication, the aggregate principal amount of any Consolidated Debt of the Borrower and its Subsidiaries outstanding as of the last day of the Test Period most recently ended as of such date 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) Adjusted 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.

  • Consolidated Net Secured Leverage Ratio means as of any date of determination, the ratio of Consolidated Net Secured Leverage on such day to Consolidated EBITDA of the Company and its Restricted Subsidiaries for the most recently ended four consecutive fiscal quarters of the Company; in each case, with such pro forma adjustments as are appropriate and consistent with the pro forma adjustment provisions set forth in the definition of “Consolidated Fixed Charge Coverage Ratio.”

  • Cash Flow Leverage Ratio means, as of any time the same is to be determined, the ratio of (a) Funded Debt as of the last day of the most recent four fiscal quarters of the Company then ended minus Excess Cash as of the last day of the same such period to (b) EBITDA for the same most recent four fiscal 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, on any Transaction Date, the ratio of (a) Consolidated Funded Indebtedness as of such date minus cash and Temporary Cash Investments of the Issuers and the Restricted Subsidiaries to (b) Consolidated EBITDA for the then applicable Four Quarter Period. The Consolidated Net Leverage Ratio shall be calculated consistent with the pro forma adjustments contemplated by the numbered paragraphs included in the definition of Interest Coverage Ratio.

  • 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 period of the four fiscal quarters most recently ended.

  • Consolidated Total Leverage Ratio means, as of any date of determination, the ratio of (a) Consolidated Total Indebtedness on such date to (b) Consolidated EBITDA for the period of four (4) consecutive fiscal quarters ending on or immediately prior to such date.

  • 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, on any date, the ratio of (a) Consolidated First Lien Debt as of such date to (b) Consolidated EBITDA for the Test Period as of such date.

  • 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, for any period, the ratio of (a) EBITDA for such period to (b) Interest Expense for such period.

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

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

  • 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 for such Test Period.

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