Common use of CURRENCY FLUCTUATION RISK Clause in Contracts

CURRENCY FLUCTUATION RISK. If Client directs Paramount 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 Paramount may in its sole discretion require; and (c) Paramount is authorized to convert funds in Client's account for margin into and from such foreign currency at a rate of exchange determined by Paramount in its sole discretion on the basis of the then prevailing money market rates.

CURRENCY FLUCTUATION RISK. If Client directs Paramount The Company 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 Paramount The Company may in its sole discretion require; and (c) Paramount The Company is authorized to convert funds in Client's ’s account for margin into and from such foreign currency at a rate of exchange determined by Paramount The Company in its sole discretion on the basis of the then prevailing money market rates.