Examples of CFD Contract in a sentence
Page 36 of 55 Retail Standard Terms of Business •RETAIL STANDARD TERMS OF BUSINESS •info@houseofborse.com 33 Cavendish Square, 13th Floor, London, W1G 0PW, UK+44 (0) 203-714-8715FCA Register Number: 631382 Schedule B · Contracts for Difference 7.2 Following receipt of a Closing Notice, the Firm shall inform the Client of the Closing Price of the CFD Contract and the CFD Contract will be closed at that price on the Closing Date.
The Contract Value of an open CFD Contract is adjusted with reference to the Market price of the Underlying Instrument each trading day that a CFD Contract remains open.
The Finance Charge may be positive or negative, meaning that the Client will either owe money to the Firm or receive money from the Firm each night a CFD Contract is rolled over.
During the term of a CFD Contract, in the event that the Underlying Instrument is suspended, the Firm has the right to terminate the CFD Contract at its discretion and/ or to amend or vary any Margin Requirements and Margin rates for that CFD Contract.
If the Client fails to close such CFD Contract before the definitive close date, the Firm will automatically close that CFD Contract.