ASX CFD definition
Examples of ASX CFD in a sentence
SIGNATURE OF AUTHORISED AGENT DATE ✗ DD / MM / YYYY Refer to ASX CFD Client Ag reement Terms and Co nditio ns Sec tio n 9 fo r details SECT I O N 8 COMPULSORY I/ We have read and accept the standard ASX Co ntracts fo r Difference Client Agreement and the Co mmSec Direct Debit Service Agreement.
We shall give yo u 30 days no ▇▇▇▇ o f the applicatio n o f increases in transactio n charges, bro kerage and fees set o ut in the ASX CFD Pro duct Disclo sure Statement o r in Co mmSec’s Financial Services Guide.
The Client agrees that in entering into each ASX CFD the Client will rely o nly upo n the Client’s judgement.
I/ We have read and understo o d the sectio n relating to privacy in the ASX CFD Pro duct Disclo sure Statement.
The Client may also request that Co mmSec arranges fo r the co nversio n o f a balance in the Currency Ledger o f an ASX CFD Acco unt fro m AUD to a Fo reign Currency o r fro m a Fo reign Currency into AUD o r ano ther Fo reign Currency.
In respec t o f eac h c o nversio n, Co mmSec will arrang e the c harg ing to the Client o f the Exc hang e Rate to g ether with a spread o n the Exc hang e Rate, whic h amo unt will be debited fro m the Client’s ASX CFD ac c o unt.
If Co mmSec decides no t to accept the Client’s instructio n to enter into an ASX CFD, Co mmSec will advise the Client o f that decisio n pro mptly.
If the Client o rder is exec uted, the ASX CFD ( o r if applic able, the relevant po rtio n o f the ASX CFD) will be c lo sed o n the Clo sing Date.
The Client ackno wledges that liability to pay the Initial Margin accrues at the time the Client enters into the ASX CFD regardless o f when a call is made.
The Client will, despite any such dispute, co ntinue to satisfy the Client’s o bligatio n to pay any calls fo r Additio nal Margin made by Co mmSec in respect o f the relevant ASX CFD as if the details co ntained in the Co nfirmatio n were co rrect and no t the subject o f dispute.