Trading Currency definition
Examples of Trading Currency in a sentence
If any calculation is based on the Current Market Price or Closing Price, and any other amount or the price of a security used in the calculation is in a currency different than the currency of the Current Market Price or Closing Price being used in that calculation (the “Trading Currency”), that amount will be first converted to the Trading Currency on the basis of the appropriate Exchange Rate.
For this purpose, “Gross Notional Amount” means, as of any Trading Day, the aggregate of the “Notional Amounts” determined for such day in respect of the CDRs and in respect of all other series of Canadian Depositary Receipts created under other Deemed Deposit Agreements and having the same Trading Currency and the same FX Determination Time on such Trading Day, and the same Primary Market.