Swap Free Client Account definition

Swap Free Client Account is a type of Client Account available for CFD trading and shall have the meaning set out in paragraph 10 of Appendix 1.
Swap Free Client Account is a type of Client Account available for CFD trading and shall have the meaning set out in paragraph 10.4 of Appendix 1.

Examples of Swap Free Client Account in a sentence

  • If the Client has a Swap Free Client Account, no Swaps or roll over charges will be applied to trading positions held overnight, if trade is open for less calendar days than the grace period (free swap period) provided.

  • If the Client has a Swap Free Client Account, no Swaps or roll over charges will be applied to trading positions held overnight, if trade is open for less calendar days than the grace period (free swap period) provided..

  • Clients wishing to change from a normal Client Account into a Swap Free Client Account must close all their open positions first.

  • If you have a Swap Free Client Account, no Swaps or roll over charges will be applied to trading positions overnight.

  • The Client who has a Swap Free Client Account may not hold his Floating Positions for a long time period and hence gain profits, if such profits are made on the company’s detriment (i.e. expense, cost, financial burden etc.) regardless of where any circumstances/facts changed or not.

  • If the Client has a Swap Free Client Account, no Swaps or Roll over Charges will be applied to Trading Positions overnight.

  • If the Client has a Swap Free Client Account, no Swaps or roll over charges will be applied to trading positions overnight.

Related to Swap Free Client Account

  • Client Account means the unique personalized account of the Client consisting of all Completed Transactions, Open Positions and Orders on the Platform, the Balance of the Client money and deposit/withdrawal transactions of the Client money. It is understood that the Company may use the term Trading Account or Account on its Website or communications, which shall mean your Client Account.

  • Client Accounts means accounts of Clients (i) that are Controlled by an Access Person and (ii) in which no Access Person has a substantial proportionate economic interest; provided that, the Client pays a management, advisory or any other similar arms-length fee to the Access Person and the beneficiary of the Client Account is not an Immediate Family member of an Access Person.

  • L/C Cash Deposit Account means an interest bearing cash deposit account to be established and maintained by the Agent, over which the Agent shall have sole dominion and control, upon terms as may be satisfactory to the Agent.

  • Payment Account means a segregated non-interest-bearing corporate trust account maintained by the Property Trustee with the Bank in its trust department for the benefit of the Securityholders in which all amounts paid in respect of the Debentures shall be held and from which the Property Trustee shall make payments to the Securityholders in accordance with Sections 401 and 402.

  • Excluded Account means (a) any deposit account specifically and exclusively used for payroll, payroll taxes and other employee wage and benefit payments to or for the benefit of any Loan Party’s employees and (b) any Xxxxx Cash Accounts.

  • Concentration Account has the meaning provided in Section 6.13(c).

  • Billing Account is the checking account from which all Service fees will be automatically debited.

  • User Account means an account under the name of the Customer in relation to the Service subscribed by the Customer.

  • Note Payment Account means the account established and maintained as such pursuant to Section 4.1(b).

  • Currency of the Client Account means the currency that the Client Account is denominated in.

  • Servicer Account means any account established by Servicer in connection with the servicing of the Mortgage Loans.

  • Current Account means a form of demand deposit wherefrom withdrawals are allowed any number of times depending upon the balance in the account or up to a particular agreed amount and will also include other deposit accounts which are neither Savings Deposit nor Term Deposit.

  • Settlement Account means an account established at a financial institution designated by Merchant as the account to be credited and debited by the Servicers for Transactions, Card Fees, Chargebacks and other amount assessed by a Card Association and passed- through to Merchant pursuant to the terms of this Agreement.

  • Merchant Account means an account used to submit credit card or debit card transactions or process credit card or debit card transactions.

  • Transaction Account means a cash account established and maintained by Repo Custodian for the Funds to effect repurchase transactions pursuant to the Master Agreement.

  • Collection Account Control Agreement means that certain Collection Account Control Agreement, to be entered into by and among the Borrower, the Lender and Bank, with respect to the Collection Account, in form and substance acceptable to the Lender and the Borrower, as the same may be amended, modified or supplemented from time to time.

  • Agent Payment Account means account no. 5000000030266 of Agent at Wachovia Bank, National Association, or such other account of Agent as Agent may from time to time designate to Administrative Borrower as the Agent Payment Account for purposes of this Agreement and the other Financing Agreements.

  • Concentration Account Agreement as defined in subsection 4.16(b).

  • Concentration Accounts has the meaning ascribed to it in Annex C.

  • Master Account or “Judicial Council’s Master Account” shall mean the Judicial Council’s billing account to which the Contractor is authorized to charge specifically identified charges under this Agreement.

  • Cash Management Account has the meaning set forth in Section 2.7(a).

  • Excluded Deposit Account means (a) any deposit account exclusively used for payroll, payroll taxes, and other employee wage and benefit payments to or for the benefit of Borrower’s employees and identified to Bank by Borrower as such and (b) any Xxxxx Cash Accounts.

  • Designated Deposit Account is Borrower’s deposit account, account number , maintained with Bank.

  • Collection Account Agreement means an agreement substantially in the form of Exhibit VI among Originator, Seller, the Agent and a Collection Bank.

  • Approved Deposit Account means a Deposit Account maintained by any Loan Party that is the subject of an effective Deposit Account Control Agreement. “Approved Deposit Account” includes all monies on deposit in a Deposit Account and all certificates and instruments, if any, representing or evidencing such Deposit Account.