Long Party definition
Examples of Long Party in a sentence
In other words, it is the same Financial Product, but the opposite direction (i.e. you are the Long Party and the Short Party).
If you are the Long Party in a high yielding currency position overnight on a FX CFD, you may receive a benefit.
Where the Client is the Long Party for a Share CFD in relation to a US stock or security, and the Share CFD goes ex-dividend, Peto Global Limited is required by US tax legislation to withhold 30% of the cash adjustment to reflect the impact of the declared dividend.
Long Party means in respect of any Contract the party identified in the Confirmation as having notionally bought the Underlying Product.
In other words, it is the same Financial Product, but in the opposite direction (i.e. you are the Long Party and the Short Party).