Common use of Underlying Clause in Contracts

Underlying. The Underlying for this Class of Contracts is the Australian dollar/US dollar, herein referred to as “AUD/USD” as quoted in US dollars per Australian dollar obtained from the spot AUD/USD foreign currency market.

Underlying. The Underlying for this Class of Contracts is the Australian dollar/US dollar, dollar herein referred to as “AUD/USD” as quoted in US U.S. dollars per Australian dollar obtained from the spot AUD/USD foreign currency market.