CURRENCY FLUCTUATION RISK. If Customer directs GFX to enter into any foreign currency exchange transaction: (a) any profit or loss arising as a result of a fluctuation in the exchange rate affecting such currency will be entirely for Customer’s account and risk; (b) all initial and subsequent deposits for margin purposes shall be made in U.S. dollars, in such amounts as GFX may in its sole discretion require; and (c) GFX is authorized to convert funds in Customer’s account for margin into and from such foreign currency at a rate of exchange determined by GFX in its sole discretion on the basis of the then prevailing money market rates.
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