Reciprocal Obligation definition

Reciprocal Obligation means WorldFirst’s obligations to the Client in relation to an Order, a Margin Call, a Margin Deposit or a World Account Order. For example, under a Spot Contract this will be WorldFirst’s obligation to sell or buy from the Client a specified amount of a currency at a specified price within two (2) Days after the contract is entered into;
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Reciprocal Obligation means Moonance’ obligations to the Client in relation to an Order, a Margin Call or a Deposit. Reference Interest Rate means that interest rate provided by our liquidity provider plus Moonance’ transaction fee of 3.5% per annum. Retail Client is a person or entity opting to receive the services provided by the Company. Security Details means the information required by Moonance under clause 3.6.
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Reciprocal Obligation means Rich Smart’s obligations to the Client in relation to an Order, a Margin Call, or a Deposit.
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Examples of Reciprocal Obligation in a sentence

  • Margin Call payments purchase that Reciprocal Obligation and are not “client money”.

  • The Deposit has purchased that Reciprocal Obligation and is not “client money”.

  • The payment is not “client money”, but rather has purchased that Reciprocal Obligation from VGP.

  • When this occurs, your payment is not “client money” (or "Client Funds" under clause 3.5, as applicable), but rather you have purchased that Reciprocal Obligation.

  • The payment is not “client money”, but rather has purchased that Reciprocal Obligation from Rich Smart.


More Definitions of Reciprocal Obligation

Reciprocal Obligation means Navigate’s obligations to the Client in relation to a Deal, a Margin Call or a Deposit. For example, under a Spot Contract this will be Navigate’s obligation to sell or buy from the Clienta specified amount of a currency at a specified exchange rate.
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Reciprocal Obligation means Axel Private Market Limited’s obligations to the Client in relation to an Order, a Margin Call or a Deposit. Reference Interest Rate means that interest rate provided by our liquidity provider plus Axel Private Market Limited’s transaction fee of 3.5% per annum.
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Reciprocal Obligation means Precision 4X Limited’s obligations to the Client in relation to an Order, a Margin Call or a Deposit.
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Reciprocal Obligation means IOTA Markets Limited’s obligations to the Client in relation to an Order, a Margin Call or a Deposit.
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Reciprocal Obligation means UM’s obligations to the Client in relation to an Order, a Margin Call or a Deposit.
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Reciprocal Obligation means HoldingFx’s obligations to the Client in relation to an Order, a Margin Call or a Deposit.
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Reciprocal Obligation means Elite Strategies Corporation Pty Limited’s obligations to the Client in relation to an Order, a Margin Call or a Deposit.
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