Spot FX Transaction definition

Spot FX Transaction means, for the purposes of this Agreement, a FX Transaction with a settlement date: (i) within T+2; or (ii) between T+2 and T+5, where the FX Transaction
Spot FX Transaction means a trade where the value date is two business days after the transaction date. Value Date - means the date when the Customer must have their sale currency deposited into the nominated KVB account, after which KVB will send the Customer’s purchased currency to their nominated account.
Spot FX Transaction means a foreign exchange transaction which has a settlement date which is the market convention for spot transactions in the corresponding Currency Pair.

Examples of Spot FX Transaction in a sentence

  • ANNEX/PAXTENSIONSOFCREDIT You should inform yourself of the relevant Spot Date for each Spot FX Transaction prior to submitting an Instruction.

  • For a Pre-Fund Spot FX Transaction, the Customer simultaneously or no later than intraday: (i) orders and agrees to the Pre-Fund Spot FX Transaction; (ii) agrees to have its Wallet debited by Airwallex; and (iii) agrees to have its Wallet credited or payout made by Airwallex.

  • For a Post-Fund Spot FX Transaction, the Customer: (i) orders and agrees to the Post-Fund Spot FX Transaction on a date (“Order Date”); (ii) agrees to have its Wallet debited by Airwallex by Wallet Settlement Cut-Off; and (iii) agrees to have its Wallet credited or payout made by Airwallex simultaneously with or immediately after the relevant debit is completed.

  • Consequently, the settlement of Pre-Fund Spot FX Transactions generally occurs simultaneously (or no later than ‘same day’ in some circumstances) with the agreement to enter into the Pre-Fund Spot FX Transaction.

  • Consequently, the Wallet Settlement Cut-Off of the Post-Fund Spot FX Transaction will generally be on either: (i) the Order Date; or (ii) up to three days after the Order Date.


More Definitions of Spot FX Transaction

Spot FX Transaction means a Transaction to buy one currency against selling another currency at an agreed price for settlement on the Spot Date.
Spot FX Transaction means a Transaction to buy one currency against selling another currency at
Spot FX Transaction means a currency purchase and sale that is bilaterally settled by the counterparties via an actual delivery of the relevant currencies within two Business Days.
Spot FX Transaction means a foreign exchange transaction which has a settlement date which is the market convention for spot transactions in the corresponding Currency Pair. SCHEDULE 3 Terms and Conditions governing ANZ eMatching
Spot FX Transaction means a FX transaction where the settlement of it is scheduled to be on or before the Value Date;
Spot FX Transaction means a transaction under a contract conferring the obligation to buy or to sell a specified amount of a currency at a specified spot price, with delivery to take place immediately or within a period which must not be longer than the period determined by market convention.

Related to Spot FX Transaction

  • Derivative Transaction means any agreement, arrangement, interest or understanding entered into by, or on behalf or for the benefit of, any Proposing Shareholder or any of its affiliates or associates, whether of record or beneficial: (1) the value of which is derived in whole or in part from the value of any class or series of shares or other securities of the Company, (2) which otherwise provides any direct or indirect opportunity to gain or share in any gain derived from a change in the value of securities of the Company, (3) the effect or intent of which is to mitigate loss, manage risk or benefit of security value or price changes, or (4) which provides the right to vote or increase or decrease the voting power of, such Proposing Shareholder, or any of its affiliates or associates, with respect to any shares or other securities of the Company, which agreement, arrangement, interest or understanding may include, without limitation, any option, warrant, debt position, note, bond, convertible security, swap, stock appreciation right, short position, profit interest, hedge, right to dividends, voting agreement, performance-related fee or arrangement to borrow or lend shares (whether or not subject to payment, settlement, exercise or conversion in any such class or series), and any proportionate interest of such Proposing Shareholder in the securities of the Company held by any general or limited partnership, or any limited liability company, of which such Proposing Shareholder is, directly or indirectly, a general partner or managing member.

  • Bundled transaction means the purchase of 2 or more distinct and identifiable products, except real property and services to real property, where the products are sold for a single nonitemized price. A bundled transaction does not include the sale of any products in which the sales price varies, or is negotiable, based on the selection by the purchaser of the products included in the transaction. As used in this subdivision:

  • Derivative Transactions means any swap transaction, option, warrant, forward purchase or sale transaction, futures transaction, cap transaction, floor transaction or collar transaction relating to one or more currencies, commodities, bonds, equity securities, loans, interest rates, prices, values, or other financial or non-financial assets, credit-related events or conditions or any indexes, or any other similar transaction or combination of any of these transactions, including any collateralized debt or equity instruments evidencing or embedding any such types of transactions, and any related credit support, collateral or other similar arrangements related to such transactions.

  • SPAC Transaction means a transaction or series of related transactions by merger, consolidation, share exchange or otherwise of the Company with a publicly traded “special purpose acquisition company” or its subsidiary (collectively, a “SPAC”), immediately following the consummation of which the common stock or share capital of the SPAC or its successor entity is listed on the Nasdaq Stock Market, the New York Stock Exchange or another exchange or marketplace approved by the Board of Directors, including a majority of the Preferred Directors.

  • Transaction means the transactions contemplated by this Agreement.

  • Retail transaction means the purchase of prepaid wireless telecommunications service from a seller for any purpose other than resale.

  • Hedging Transaction of any Person shall mean (a) any transaction (including an agreement with respect to any such transaction) now existing or hereafter entered into by such Person that is a rate swap transaction, swap option, basis swap, forward rate transaction, commodity swap, commodity option, equity or equity index swap or option, bond option, interest rate option, foreign exchange transaction, cap transaction, floor transaction, collar transaction, currency swap transaction, cross-currency rate swap transaction, currency option, spot transaction, credit protection transaction, credit swap, credit default swap, credit default option, total return swap, credit spread transaction, repurchase transaction, reverse repurchase transaction, buy/sell-back transaction, securities lending transaction, or any other similar transaction (including any option with respect to any of these transactions) or any combination thereof, whether or not any such transaction is governed by or subject to any master agreement and (b) any and all transactions of any kind, and the related confirmations, which are subject to the terms and conditions of, or governed by, any form of master agreement published by the International Swaps and Derivatives Association, Inc., any International Foreign Exchange Master Agreement, or any other master agreement (any such master agreement, together with any related schedules, a “Master Agreement”), including any such obligations or liabilities under any Master Agreement.

  • Void Transaction means any transaction wherein the transaction has taken place but has been cancelled /rejected /unsuccessful by the Alliance Partner.