Common use of Long Bullion Contracts Clause in Contracts

Long Bullion Contracts. If you have a long US dollar/short Bullion Position and interest rates in the USA are higher than the Bullion swap r ate determined by us you will receive a Rollover Benefit at the AxiCorp Swap Rate if you hold the Position overnight and do not close it before settlement time. This is because you are holding the lower yielding asset.

Appears in 2 contracts

Samples: Retail Client Agreement, Retail Client Agreement

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Long Bullion Contracts. If you have a long US dollar/short Bullion Position and interest rates in the USA are higher than the Bullion swap r ate determined by us you will receive a Rollover Benefit at the AxiCorp Swap Rate if you hold the Position overnight and do not close it before settlement time. This is because you are holding the lower yielding asset.

Appears in 2 contracts

Samples: Retail Client Agreement, Retail Client Agreement

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