SWAP BENEFIT definition

SWAP BENEFIT means a benefit you may receive on a Position held overnight in a Margin FX contract or CFD (other than Futures CFDs) and which is described in clause 13 of this Client Agreement;
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SWAP BENEFIT means a benefit you may receive on a Position held overnight in a Margin FX contract or CFD and which is described in clause 6 of this Client Agreement.
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SWAP BENEFIT means a benefit that you could incur for holding a Contract through 5pm New York Time.
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Examples of SWAP BENEFIT in a sentence

  • You should refer to our Product Schedule for detailed information on whether Swap Charge or Swap Benefit is applicable to a particular Product.

  • The amount of a Swap Charge or Swap Benefit is determined by us and depends on our Swap Rate, being the rates at which you receive or pay interest on Positions that remain open overnight.

  • If you are long on a Margin FX Contract, you may either receive a Swap Benefit or pay a Swap Charge, depending on the currency you are long, subject to paragraph 6.

  • If you are short on a Margin FX Contract, you may either pay a Swap Charge or receive a Swap Benefit, depending on the currency you are short on, subject to paragraph 6.1c.


More Definitions of SWAP BENEFIT

SWAP BENEFIT means a benefit you may receive on executed CFDs held overnight and which is described further in clause 12.1.
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SWAP BENEFIT means a benefit you may receive on a Position held overnight in a
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SWAP BENEFIT means a benefit you may receive on a Position held overnight in a Margin FX contract or CFD (other than an Futures CFDs) and which is described in the PDS. SWAP CHARGE means a charge you may have to pay on a Position held overnight in a Margin FX contract or CFD (other than an Futures CFDs) and which is described in the PDS.
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SWAP BENEFIT means a benefit that you could incur forholding a Contract through 5pm New York Time.
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SWAP BENEFIT means a benefit that you could incurfor holding a Contract through 5pm New York Time.
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SWAP BENEFIT means a benefit you may receive on a Position held overnight in a Margin FX contract or CFD (other than an Excepted Contract) and which is described in the PDS. SWAP CHARGE means a charge you may have to pay on a Position held overnight in a Margin FX contract or CFD (other than an Excepted Contract) and which is described in the PDS. SWAP RATE means the rate determined by us from time to time taking into account of the factors set out in the PDS. TOTAL MARGIN REQUIRE- MENT means the sum of your Margin Requirements for all of your open Positions.
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