Rolling Spot Forex Contract definition

Rolling Spot Forex Contract means any OTC contract which is a purchase or sale of foreign currency entered into between the Client and the Firm, excluding forward contracts;

Rolling Spot Forex Contract means any OTC contract which is a purchase or sale of foreign currency entered into between

Rolling Spot Forex Contract when used in the Agreement and/or any agreements by and between us, including, without limitation, these Terms and Conditions, unless the context otherwise requires, shall mean any OTC contract which is a purchase or sale of foreign currency entered into between the client and us, excluding forward contracts;

Examples of Rolling Spot Forex Contract in a sentence

• Any amounts payable by the Client to the Firm as a result of the closed Rolling Spot Forex Contract are immediately due and payable on the Closing Date.

• Conversely, any amounts payable by the Firm to the Client as a result of the closed Rolling Spot Forex Contract are immediately due and payable on the Closing Date, and will be deposited into the Client’s Account.

• Open ended Rolling Spot Forex Contracts will roll over each trading day until the Client instructs the Firm to close the Rolling Spot Forex Contract (and the Firm accepts and acts on that instruction).

• If the new position is greater in size than the existing position, then the existing position will be closed in full and a new Rolling Spot Forex Contract will be opened in relation to the excess size of the new position.

• Transaction or TradeMeans a transaction in a CFD, Spread Bet, Range Spreads, Range Leverage, or Rolling Spot Forex Contract or any other contractual arrangement entered into between you and us including any transaction liable to Margin, unless otherwise stated.

• The Client acknowledges and agrees that, by executing the Notice Letter, the Client will be bound by the provisions of this Schedule A.1.2 This Schedule together with the main body of the Terms shall govern the relationship between the Client and the Firm when the Client enters into a Rolling Spot Forex Contract.

• The first Rolling Spot Forex or CFD Contract will be closed to the extent of the Rolling Spot Forex Contract or CFD size of the second Rolling Spot Forex or CFD Contract Transaction.

• In general, to close any Rolling Spot Forex or CFD Contract in whole or in part you must enter into a second Rolling Spot Forex or CFD Contract in relation to the same currency pair and Value Date as the first Rolling Spot Forex Contract or CFD but you must sell if the first Contract was a purchase and you must purchase if the first Contract was a sale.

• A transaction in a CFD or Rolling Spot Forex Contract or any other contractual arrangement entered into between you and us including any transaction liable to Margin, unless otherwise stated.

• Conversely, any amounts payable by the Firm to the Client as a result of the closed Rolling Spot Forex Contract are immediately due and payable on the Closing Date, and will be deposited into the Client's Account.

More Definitions of Rolling Spot Forex Contract

Rolling Spot Forex Contract means any OTC contract which is a purchase or sale of

Rolling Spot Forex Contract means a contract for difference where the value of the contract is ultimately determined by reference, wholly or in part, to fluctuations in an exchange rate or the value of a currency.

Rolling Spot Forex Contract means an instrument that falls within paragraph (b)(ii) of the definition of a Future in GEN Rule A2.3.1 where the value of the contract is ultimately determined by reference, wholly or in part, to fluctuations in an exchange rate or the value of a currency.

Rolling Spot Forex Contract means any Transaction in rolling spot foreign exchange entered into between the Client and the Company;

Rolling Spot Forex Contract. Means either of the following:

Rolling Spot Forex Contract means any OTC contract which is a purchase or sale of foreign currency entered into between you and us, excluding forward contracts