Counter Currency definition

Counter Currency means SEK. "EUR" means Euro.
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Counter Currency means the second currency represented in a currency pair, for example in the EUR/USD currency pair variable currency is the USD. Cyprus Securities and Exchange Commission or CySEC: Shall mean the statutory regulatory body which is currently based at 00 Xxxxxxxx Xxxxxx, 0000, Xxxxxxx Xxxxxx, and its successors and assignees or any replacement body thereof.
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Counter Currency means SEK.
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Examples of Counter Currency in a sentence

  • In contrast, the long position in the Counter Currency is invested in a money market instrument at an overnight rate.

  • The Financing Component results from the costs of borrowing in the Counter Currency at an overnight rate increased by a per annum rate (related to the IC Rate), which includes the hypothetical costs that would be incurred in tracking the performance of the NPV, plus a per annum rate (related to the Collateral Fee), which includes the cost that would be incurred by the Issuer (and/or it affiliates) if it were to borrow the Collateral Assets plus a Calculation Fee.

  • In the NPV calculation, the Leverage Component reflects the multiple purchase of the Underlying (long position) corresponding to the applicable Factor (for the avoidance of doubt: For a currency exchange rate as Underlying, this means a long position in the Base Currency and a short position in the Counter Currency).

  • The Depositor will set "Strike Price", which will be applied for conversion to the Counter Currency, either by 1) specifying the price itself OR 2) specifying the "Differential" that is the difference between the Spot Price at the time of deposit and the Strike Price.

  • On maturity, if the deposit is converted to Counter Currency in line with paragraph 7, the principal will be converted to Counter Currency.

  • Counter Currency: It is the currency listed second in the currency parity that the investor is trading.

  • Managers will also take position to hedge the Fund’s share classes denominated in a different currency than Euro, by using Over the Counter Currency swap transactions.

  • Counter Currency: Shall mean the second currency represented in a currency pair, for example in the EUR/USD currency pair variable currency is the USD.

  • In a Currency Pair Counter Currency is represented by a denominator (the second one in a Currency Pair).

  • In a Currency Pair Counter Currency is represented by a denominator.


More Definitions of Counter Currency

Counter Currency the second listed currency in a currency pair. ”Closing of a Transaction” – means performance of a Transaction that is opposite in direction and in magnitude (quantity or amount) equivalent to an Opening Transaction, that has the effect of realizing a gain or loss. ”Closing Level” – means the level at which a Bet is closed; ”Communication” – means any interaction between us and you by the methods set out in clause 14 and ”Communicate” has a corresponding meaning. ”Cross Currency Contract” – a Spot Contract for the sale of one specified Foreign Currency in exchange for another specified Foreign Currency. ”Cross Currency Pairs” – two Foreign Currencies employed in a currency transaction not involving the U.S. Dollar. The relationship between the two in which one currency is purchased from (or sold to) a counterparty against delivery (receipt) of a second foreign currency. ”Currency” – shall be construed so as to include any unit of Account.
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Counter Currency means the currency specified as such in the Product Data Table. Crypto Currency
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Counter Currency or "USD" means United States Dollar.
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Counter Currency means the second currency represented in a currency pair, for example in the EUR/USD currency pair variable currency is the USD.
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Counter Currency or "ZAR" means South African Rand.
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Related to Counter Currency

  • Other Currency has the meaning specified in Section 1.15.

  • Fiat Currency means a currency issued by a country's government or central bank.

  • Original Currency has the meaning assigned to such term in Section 2.17.

  • Primary Currency has the meaning specified in Section 9.11(c).

  • First Currency has the meaning specified in Section 1.15.

  • Settlement Currency means Pounds sterling ("GBP").

  • Relevant Currency means the currency specified as such or, if none is specified, the currency in which the Notes are denominated;

  • Domestic Currency means the currency specified as such and any successor currency. If no currency is so specified, the Domestic Currency shall be the lawful currency and any successor currency of (i) the relevant Reference Entity, if the Reference Entity is a Sovereign, or (ii) the jurisdiction in which the relevant Reference Entity is organised, if the Reference Entity is not a Sovereign. In no event shall Domestic Currency include any successor currency if such successor currency is the lawful currency of any of Canada, Japan, Switzerland, the United Kingdom or the United States of America or the euro (or any successor currency to any such currency).

  • National Currency means the currency, other than the Euro, of a Participating Member State.

  • Underlying Currency means the Underlying Currency as specified in § 2 of the Product and Underlying Data.

  • LIBOR Currency means the currency specified on the face hereof as to which LIBOR shall be calculated or, if no currency is specified on the face hereof, United States dollars. “LIBOR Page”

  • Payment Currency has the meaning given in Clause 21.4;

  • Optional Currency means a currency (other than the Base Currency) which complies with the conditions set out in Clause 4.3 (Conditions relating to Optional Currencies).

  • Index Currency means USD.

  • Currency means Dollars or any Foreign Currency.

  • Termination Currency means United States Dollars.

  • Base Currency means the first currency in the Currency Pair against which the Client buys or sells the Quote Currency.

  • Designated LIBOR Currency means the currency or composite currency specified on the face hereof as to which LIBOR shall be calculated. If no such currency or composite currency is specified on the face hereof, the Designated LIBOR Currency shall be United States dollars.

  • Denomination Currency has the meaning specified in Section 14(b).

  • Reference Currency means the currency specified as such in the applicable Final Terms.

  • Class Currency means the currency in which a Share Class of a Fund is designated as determined by the Directors and disclosed in the Prospectus in relation to such Fund.

  • Applicable Currency means, as to any particular payment or Loan, Dollars or the Offshore Currency in which it is denominated or is payable.

  • Order Form Currency means the currency in which all calculations shall be made on an Initial Order Form or Order Form unless stipulated otherwise herein. The Order Form Currency is determined as the currency being applied in SAP Cloud pricing applicable to the country of residence of the Customer as defined in the Order Form (if not otherwise agreed therein) and may differ from the Payment Currency.

  • Balance Currency means the currency under which the trading account has the reference on and with which the Client buys or sells the subject matter instruments. It is noted that the all charges including Spreads, Commissions, Charges and Swaps are calculated in the Balance Currency.

  • Party A Currency Amount In respect of each Party A Calculation Period, an amount in Dollars equal to the principal amount outstanding of the Relevant Notes on the first day of such Calculation Period (after taking into account any redemption on such day).

  • Foreign Currency means any currency or currency unit issued by a government other than the government of the United States of America.