Same Day Trade definition

Same Day Trade means to sell Sale Currency for currency that differs from the Sale Currency by the end of the same Working Day for same day value.
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Same Day Trade means the sale of currency in sterling, euro, US dollars, Canadian dollars or other foreign currency for purchase currency which differs from the sale currency, by the end of the same working day
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Same Day Trade means a reported transaction that is due to settle on the same day that it is reported to the trading system;
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Examples of Same Day Trade in a sentence

  • In the event of a Same Day Trade the Client will pay the Sale Currency into the Client Nominated Account by no later than 14.00pm on the applicable Working Day, unless VFX stipulates otherwise.

  • Eventually there was a cooperative society that the church introduced, I started selling klin [a brand of detergent], then it just came into the Nigerian market.

  • In the event of a Same Day Trade you will pay the Sale Currency into the Client Nominated Account by no later than 12.00pm on a Working Day, unless we stipulate otherwise.

  • In the event of a Same Day Trade, the Client will pay the Sale Currency into the Client Nominated Account by no later than 12.00pm (Toronto time,) on the applicable Working Day, unless VGPI stipulates otherwise.


More Definitions of Same Day Trade

Same Day Trade means to sell Sale Currency for currency that differs from the Sale Currency by the end of the same Working Day.
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Same Day Trade or ‘T+0’ means a transaction in respect of which the trade date equals the Settlement date;
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Same Day Trade means a reported transaction that is due to settle on the same day that it is reported to the trading system;3"securities"has the same meaning as that contained in section 1 of the Act;"securities services"has the same meaning as that contained in section 1 of the Act;"sell"means, in relation to IRC securities, to enter into either –(a) a sale of a futures contract in terms of which the seller is obliged to make delivery of the underlying instrument at the agreed price on the future date; or to pay an amount of money if, on the future date the price or value of the underlying instrument is greater than the agreed price; or(b) a sale of an option contract in terms of which the seller grants the right to the buyer to buy or sell the underlying instrument of the option contract at the agreed price on or before the future date; or(c) a sale of bonds in terms of which the seller is obliged to make delivery of the bonds and receive payment for such bonds at the agreed price on the settlement date;“settle”has the same meaning as that contained in section 1 of the Act;“Settlement Authority”means the person or persons appointed by the JSE to manage the settlement of transactions in bonds effected through the JSE trading system in terms of these rules and directives and the Strate rules;"settlement commitment"means an electronic undertaking by a CSDP to settle a transaction in bonds for a trading member or a client; ”safeguard” amended with effect from 1 August 2005 “safeguard” deleted with effect from 25 April 2014 “safeguarding” introduced with effect from 25 April 2014 ‘same day trading” introduced with effect from 17 July 2018 ”securities” amended with effect from 1 August 2005 “securities services” introduced with effect from 1 August 2005”Securities Services Act” deleted with effect from 1 August 2005
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Same Day Trade means a trade where the Value Date is the same day as the Order Confirmation.
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Related to Same Day Trade

  • Same Day Funds means (a) with respect to disbursements and payments in Dollars, immediately available funds, and (b) with respect to disbursements and payments in an Alternative Currency, same day or other funds as may be determined by the Administrative Agent or the L/C Issuer, as the case may be, to be customary in the place of disbursement or payment for the settlement of international banking transactions in the relevant Alternative Currency.

  • Real-Time Market has the meaning set forth in the CAISO Tariff.

  • Hong Kong Dollar or “HK$” or “HKD” means the lawful currency for the time being and from time to time of Hong Kong.

  • Notice of Exclusive Control has the meaning given to such term in the Control Agreement.

  • Full Time Equivalent or "FTE" means the full-time

  • Real-time means the actual time in which an event takes place, with the reporting on or the recording of the event simultaneous with its occurrence.

  • Real-Time Price means the Resource-Specific Settlement Interval LMP as defined in the CAISO Tariff. If there is more than one applicable Real-Time Price for the same period of time, Real-Time Price shall mean the price associated with the smallest time interval.

  • Hong Kong Dollars means the lawful currency of Hong Kong.

  • Real-time Loss Price means the Loss Price resulting from the Office of the Interconnection’s dispatch of the PJM Interchange Energy Market in the Operating Day.

  • Agent’s Office means the Agent’s address and, as appropriate, account as set forth on Schedule 10.02, or such other address or account as the Agent may from time to time notify the Lead Borrower and the Lenders.

  • Pro Rata Percentage of any Revolving Credit Lender at any time shall mean the percentage of the Total Revolving Credit Commitment represented by such Lender’s Revolving Credit Commitment. In the event the Revolving Credit Commitments shall have expired or been terminated, the Pro Rata Percentages shall be determined on the basis of the Revolving Credit Commitments most recently in effect, giving effect to any subsequent assignments.

  • Average daily membership means the total enrollment of fractional

  • Primary Currency has the meaning specified in Section 9.11(c).

  • Daily Market Price means, as of any date of determination, the closing sale price for the Common Stock (or such other applicable subject security), for the Trading Day of such date of determination (subject to equitable adjustment for any stock splits, stock dividends, reclassifications or similar events during such Trading Day and further subject to adjustment as provided herein) on the principal United States securities exchange or trading market where the Common Stock (or such other applicable subject security) is listed or traded as reported by Bloomberg, or if the foregoing does not apply, the closing sale price for the Common Stock (or such other applicable subject security) in the OTC Bulletin Board for such security as reported by Bloomberg, or, if no sale price is reported for such security by Bloomberg, the closing sale price as reported in the “pink sheets” by the Pink Sheets LLC, in each case for such date or, if such date was not a Trading Day for such security, on the next preceding date which was a Trading Day. If the Daily Market Price cannot be calculated for such security as of either of such dates on any of the foregoing bases, the Daily Market Price of such security on such date shall be the fair market value as reasonably determined by an investment banking firm selected by the Holders of a majority of the principal amount and interest of the Notes outstanding and reasonably acceptable to the Company, with the costs of such appraisal to be borne by the Company.

  • FX Business Day is any day when (a) Bank’s Foreign Exchange Department is conducting its normal business and (b) the Foreign Currency being purchased or sold by Borrower is available to Bank from the entity from which Bank shall buy or sell such Foreign Currency.

  • Swing Line Loan Notice means a notice of a Swing Line Borrowing pursuant to Section 2.04(b), which, if in writing, shall be substantially in the form of Exhibit B.

  • Local Time means (a) with respect to a Loan or Borrowing denominated in Dollars, New York City time and (b) with respect to a Loan or Borrowing denominated in any Foreign Currency, London time.

  • Average Daily Trading Volume means the average trading volume of the Company’s Common Stock in the ten (10) Trading Days immediately preceding the respective Put Date.

  • Agent’s Spot Rate of Exchange means the Agent's spot rate of exchange for the purchase of the relevant currency with the Base Currency in the London foreign exchange market at or about 11:00 a.m. on a particular day.

  • Swing Line Facility means the revolving credit facility made available by the Swing Line Lender pursuant to Section 2.04.

  • Spot means the currency transaction made at the current Market Price with a subsequent delivery/settlement on the second business/banking day upon the transaction made;

  • VWAP Trading Day means a Business Day.

  • Average Daily Balance means the balance sum computed by dividing the sum of the balance outstanding on each day from the first day of the next Billing Period by the number of days in that Billing Period. For the purpose of computation, each day’s balance is determined by adjusting the Total New Balance with payments, credit, cash withdrawal, purchases of goods and/or services obtained on the Sales Drafts and/or Cash Withdrawal Drafts received by Maybank before the Closing Date of each Billing Period;

  • Reuters Screen means, when used in connection with a designated page and any designated information, the display page so designated on the Reuters Market 3000 (or such other page as may replace that page on that service for the purpose of displaying such information).

  • Benchmarked Price means the higher of:

  • Relevant Business Day means a day on which the Trans-European Automated Real-time Gross Settlement Express Transfer payment system which utilises a single shared platform and which was launched on 19 November 2007 (TARGET2) is open for the settlement of payments in EUR.