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 a Futures Based CFD) and which is described in clause 13 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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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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Examples of SWAP BENEFIT in a sentence

  • 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 hold Index CFDs overnight, you may either receive a Swap Benefit or pay a Swap Charge, depending on the Product you hold.

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

  • If you have a long USD/short Bullion Position and interest rates in the United States of America are higher than the Bullion Swap Rate you would typically receive a Swap Benefit at the Bullion Swap Rate if you hold the Position overnight and do not close it before settlement time.

  • 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.

  • 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 13.1(b).‌ 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 13.1(d).

  • If you hold a Margin FX Contracts or Index, Equity or Commodity CFDs at the close of the Trading Day on a Wednesday, the Swap Charge or Swap Benefit is multiplied by three (3) times.


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 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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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 REQUIREMENT TRANSACTION FEE TRADING PLATFORM means the sum of your Margin Requirements for all of your open Positions. means the fee or commission from time to time specified by us to be the amount payable by you to us in respect of each Contract or Order as set out in a PDS or on the Trading Platform. means the trading platform we make available to you by which you may trade with us online in our Products. This includes any electronic service provided by us, for example an internet trading service offering clients access to information and trading facilities, via an internet service, a WAP service and/or an TRADING PLATFORM TIME UNDERLYING INSTRUMENT electronic order routing system and relevant software provided by us to enable you to use an electronic trading service. means the time zone our Trading Platform is set in. This may change from time to time and is generally GMT+2 or GMT+3. Please refer to our Website for the time zone of our Trading Platform Time. means the equity, Index, Commodity, currency, futures contract, stock or other instrument or asset or factor the reference to which the value of a Contract is determined. UNDERLYING MARKET means the underlying market in which the Underlying Instrument is traded. WE/ US/ OUR means Prospero Markets Pty Ltd (ABN 11 145 048 577);
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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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Related to SWAP BENEFIT

  • Termination Benefit means the benefit set forth in Article 7.

  • Retirement Benefit means the benefit set forth in Article 5.

  • Early Retirement Benefit means the retirement benefit payable to a member following early

  • Actuarial equivalent means a benefit of equal value when

  • Termination Payment means the amount payable by either Party to the other upon Termination in accordance with Article 23;

  • Net Benefit means the present value of the Covered Payments net of all federal, state, local, foreign income, employment and excise taxes.

  • relevant benefit means any benefit specified in paragraph 21(2); and

  • Pension Benefit means a pension, annuity, gratuity or similar allowance which is payable—

  • Monthly Benefit means the monthly amount payable by Liberty to you if you are Disabled or Partially Disabled.

  • Death Benefit means the insurance amount payable under the Certificate at death of the Insured, subject to all Certificate provisions dealing with changes in the amount of insurance and reductions or termination for age or retirement. It does not include any amount that is only payable in the event of Accidental Death.

  • Disability Benefit means the benefit set forth in Article 8.

  • Retirement Benefits means benefits paid by reference to reaching, or the expectation of reaching, retirement or, where they are supplementary to those benefits and provided on an ancillary basis, in the form of payments on death, disability, or cessation of employment or in the form of support payments or services in case of sickness, indigence or death. In order to facilitate financial security in retirement, these benefits may take the form of payments for life, payments made for a temporary period, a lump sum, or any combination thereof;

  • Termination Payments means any payment or distribution of Compensation or benefits made pursuant to Section 4.1(a)-(c) of this Agreement.

  • Early Termination Payment is defined in Section 4.3(b) of this Agreement.

  • Compensation Payment means a payment, whether in monetary form or in the form of a benefit or service, by or on behalf of an insurer to a complainant to compensate the complainant for a proven or estimated financial loss incurred as a result of the insurer’s contravention, non-compliance, action, failure to act, or unfair treatment forming the basis of the complaint, where the insurer accepts liability for having caused the loss concerned, but excludes any –