ForexClear Currency definition

ForexClear Currency means: (b) USD; (c) JPY; (d) EUR; (e) GBP; (f) CHF; or (g) AUD"ForexClear Dealer (FXD)"means a person admitted by the Clearing House to the Register of ForexClear Dealers and who has not been removed from the Register of ForexClear Dealers"ForexClear Dealer Clearing Agreement (FDC Agreement)"means a written agreement, in the form and on the terms prescribed by the Clearing House between an FXD, an FXCCM and the Clearing House"ForexClear Default Fund Supplement"means the Supplement relating to ForexClear Business"ForexClear Default Management Process"has the meaning assigned to it in the ForexClear DMP Annex in the Default Rules"ForexClear Default Management Process Completion Date"has the meaning assigned to it in the ForexClear DMP Annex in the Default Rules"ForexClear Default Period"has the meaning ascribed to it in Rule F2 of the ForexClear Default Fund Supplement"ForexClear Deliverable Forward Contract"means a Contract entered into by the Clearing House with a ForexClear Clearing Member on the ForexClear Deliverable Forward Contract Terms which includes, in the case of the Default Rules (including the ForexClear DMP Annex but excluding, for the avoidance of doubt, the Client Clearing Annex), the FCM Default Fund Agreement and any other document, rule or procedure as specified by the Clearing House from time to time"ForexClear Deliverable Forward Contract Terms"means the terms applicable to each ForexClear Deliverable Forward Contract as set out from time to time in the Product Specific Contract Terms and Eligibility Criteria Manual applicable to ForexClear Deliverable Forward Contracts
ForexClear Currency means: USD; JPY; EUR; GBP; CHF; or AUD

Examples of ForexClear Currency in a sentence

  • LRM”): LRM reflects the additional risk due to the FXCCM having concentrated risk exposures above set thresholds in a particular Currency Pair or ForexClear Currency Pair or tenor of ForexClear Contracts.

  • The Clearing House builds for each Currency Pair or ForexClear Currency Pair an FX Implied Volatility Surface using the FX Volatility Points.

  • ForexClear margin reports also show the portfolio of open ForexClear Deliverable of each FXCCM and of each FXD by ForexClear Currency Pair.

  • ForexClear margin reports also show the portfolio of open ForexClear Option Contracts, ForexClear Spot Contracts and ForexClear Deliverable Forward Contracts of each FXCCM and of each FXD by ForexClear Currency Pair.

  • ForexClear marginreports also show the portfolio of open ForexClear Deliverable of each FXCCM and of each FXD by ForexClear Currency Pair.

  • For the purposes of Section 1.17.1, the Clearing House may change the number of basis point applicable to any ForexClear Currency Pair by giving three Business Days’ prior notice to affected FXCCMs (or such shorter notice period as determined by the Clearing House following consultation with the affected FXCCMs).

  • Subject to the Regulations and Section 1.19.2, the Clearing House shall from time to time determine the (i) Settlement Position Limit and (ii) Settlement Exposure Limit in respect of each ForexClear Currency and each relevant ForexClear Clearing Member.

  • From time to time the Clearing House shall notify each ForexClear Option Clearing Member of the Settlement Position Limit, Settlement Exposure Limit and Mandatory ForexClear Swap Limit applicable to it and each ForexClear Currency in accordance with the Procedures.

  • Subject to the Regulations, the Clearing House shall, in its sole and absolute discretion, determine from time to time the Mandatory ForexClear Swap Limit in respect of each ForexClear Clearing Member and each ForexClear Currency.

  • A ForexClear Clearing Member may request, in such form and manner as the Clearing House prescribes from time to time, that the Clearing House set a Settlement Position Limit for a given ForexClear Currency below the limit determined pursuant to paragraph (a) above, provided that such requested limit meets the Clearing House’s risk tolerance, as determined by the Clearing House in its sole discretion.

Related to ForexClear Currency

  • 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).

  • Termination Currency means United States Dollars.

  • First Currency has the meaning specified in Section 1.15.

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

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

  • 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”

  • Other Currency has the meaning specified in Section 1.15.

  • 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.

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

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

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

  • 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.

  • Currency means Dollars or any Foreign Currency.

  • Index Currency means USD.

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

  • Not Domestic Currency means any obligation that is payable in any currency other than the Domestic Currency.

  • Eligible Currency means any lawful currency other than Dollars that is readily available, freely transferable and convertible into Dollars in the international interbank market available to the Lenders in such market and as to which a Dollar Equivalent may be readily calculated. If, after the designation by the Lenders of any currency as an Alternative Currency, any change in currency controls or exchange regulations or any change in the national or international financial, political or economic conditions are imposed in the country in which such currency is issued, result in, in the reasonable opinion of the Required Lenders (in the case of any Loans to be denominated in an Alternative Currency), (a) such currency no longer being readily available, freely transferable and convertible into Dollars, (b) a Dollar Equivalent is no longer readily calculable with respect to such currency, (c) providing such currency is impracticable for the Lenders or (d) no longer a currency in which the Required Lenders are willing to make such Credit Extensions (each of clauses (a), (b), (c), and (d), a “Disqualifying Event”), then the Administrative Agent shall promptly notify the Lenders and the Company, and such country’s currency shall no longer be an Alternative Currency until such time as the Disqualifying Event(s) no longer exist. Within, five (5) Business Days after receipt of such notice from the Administrative Agent, the Borrowers shall repay all Loans in such currency to which the Disqualifying Event applies or convert such Loans into the Dollar Equivalent of Loans in Dollars, subject to the other terms contained herein.

  • Obligation Currency shall have the meaning assigned to such term in Section 11.18(a).

  • 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).

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

  • 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).

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

  • 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.

  • Cryptocurrency means a digital or electronic medium of exchange, operating independently of a central bank, in which encryption techniques are used to regulate generation of units and to verify transfer of units from one person to another.

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

  • Specified Currency means the currency specified as such hereon or, if none is specified, the currency in which the Notes are denominated.