Common use of CURRENCY FLUCTUATION RISK Clause in Contracts

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

Appears in 3 contracts

Samples: Joint Account Client Agreement, Account Client Agreement, Client Agreement

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

Appears in 1 contract

Samples: Account Client Agreement

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