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 (1) was entered into contemporaneously with a related security transaction and requires settlement on or before the relevant security transaction settlement deadline; and (2) is intended, at the time of execution, to be settled by the delivery of the currency within the aforementioned time periods; and (3) does not allow for the FX Transaction to be rolled over;

Spot FX Transaction means a trade where the value date is two business days after the transaction date.

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

The corresponding Spot FX Transaction (and its completion), FX Order or performance of the Order Service the subject of a FX Order will be on the terms and conditions of this Schedule and any general terms and conditions applicable to that corresponding Order Service.
A contract to enter into the Spot FX Transaction or FX Order or to perform the Order Service the subject of a FX Order (subject to the satisfaction of the Order Conditions of the FX Order) is formed at the time that FX Order is accepted by the Bank.
When a Spot FX Transaction is rolled over for a period of three (3) days or greater from the original transaction date, the transaction then becomes a Forward Foreign Exchange Contract.
If the Bank determines that the Order Conditions of a FX Order have been satisfied, the Bank will, subject to its normal practices, enter into the corresponding Spot FX Transaction or FX Order or perform the Order Service the subject of that FX Order and,after entering into the corresponding Spot FX Transaction FX Order or performing the Order Service, will regard that FX Order as Filled.
If the FX Transaction is a Spot FX Transaction, the Client must pay into the Security Trust Account on such date or dates as HiFX directs, but no later than the Business Day immediately preceding the Value Date, the full amount of the Sold Currency in cleared funds as full payment for the FX Transaction.

More Definitions of Spot FX Transaction

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. Terms and Conditions governing ANZ eMatching

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 FX transaction where the settlement of it is scheduled to be on or before the Spot FX Value Date;

Spot FX Transaction means any Transaction for FOREX Services whereby you purchase a currency at the exchange rate prevailing at the time of performance of the Transaction, and take delivery of the purchased amount on a Settlement Date which is either: (i) within (2) two Trading Days or (ii) where one or more of the currencies traded is not a Major Currency, the standard delivery period generally accepted in the market for the relevant currency pair;

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.