Deliverable Currency definition
Examples of Deliverable Currency in a sentence
Unless the parties expressly agree in a Confirmation of a Deliverable Currency Option Transaction that this sentence shall be inapplicable to such Deliverable Currency Option Transaction, Party A may, by notice to Party B before the Settlement Date of any Deliverable Currency Option Transaction, require that each party pay the USD Equivalent of the amount payable by under such Deliverable Currency Option Transaction.
In respect of an Exercise Date under a Deliverable Currency Option Transaction, on the Settlement Date, except as otherwise set forth in this Section 3.7(a), Buyer will pay to Seller the Put Currency Amount and Seller will pay to Buyer the Call Currency Amount, subject to the provisions of Section 3.6(c), any other applicable condition precedent and any applicable provisions of Article 5.
Customer acknowledges that: (A) commodity options cannot be exercised and must be closed out by offset; and (B) for futures contracts that settle not in cash but by physical delivery of the commodity (including currencies not on IB's Deliverable Currency List), Customer cannot make or receive delivery.
For futures contracts that are not settled in cash, but are settled by actual physical delivery of the underlying commodity (including those foreign currency contracts that call for actual delivery of the physical currency and are not on the IB Deliverable Currency List), the Client may not make or receive delivery of the underlying commodity.
For futures contracts that do not settle in cash but settle by physical delivery of the commodity (including currencies, except for currencies on IBKR's Deliverable Currency List), Client cannot make or receive delivery.
Customer acknowledges that: (A) commodity options cannot be exercised and must be closed out by off- set; and (B) for futures contracts that settle not in cash but by physical delivery of the commodity (including currencies not on IB UK’s Deliverable Currency List), Customer cannot make or receive delivery.
Customer acknowledges that: (A) commodity options cannot be exercised and must be closed out by offset; and (B) for futures contracts that settle not in cash but by physical delivery of the commodity (including currencies not on IB UK's Deliverable Currency List), Customer cannot make or receive delivery.
The Financial Intermediary will only make or receive delivery of the currency contracts that are specified in the Deliverable Currency List.
Leverex will thereafter wire any Deliverable Currency available in your Stablecoin Position Account(s) to your Designated Bank Account(s).
As a Participant, Leverex grants you access to our Services, which include the account operations and matching activities for Deliverable Currency, as it may exist and be available.