SWAP CHARGE means a charge you may have to pay 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;
SWAP CHARGE means a charge you may have to pay on a Position held overnight in a Margin FX contract or CFD and which is described in clause 6 of this Client Agreement.
SWAP CHARGE means a charge that you could incur for holding a Contract through 5pm New York Time.
Examples of SWAP CHARGE 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 CHARGE
SWAP CHARGE means a charge you may have to pay on a Position held overnight in
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. TOTAL MARGIN REQUIREMENT
SWAP CHARGE. Means the charge calculated in accordance with clause 11 Terms and Conditions The agreement between you and ACY Capital in respect of your trading in Account. Both you and ACY Capital are bound by the terms of these Terms and Conditions. Transaction A purchase or sale by a Client of a ACY Capital Product. Underlying Product The underlying asset, security, currency, commodity, futures contract or index the reference to which the value of a Contract is determined. Underlying Product Price Means the exchange rate at which the underlying Currency, or the price of underlying Index, or Commodity.
SWAP CHARGE means a charge that you could incur forholding a Contract through 5pm New York Time.
SWAP CHARGE means a charge that you could incurfor holding a Contract through 5pm New York Time.
SWAP CHARGE or ‘Swap Credit’ means while holding a Forex position overnight, your account is debited or credited using the applicable overnight tom-next rate.