Examples of Forward Contract in a sentence
To be eligible to enter into foreign exchange Forward Contracts, the Customer must further be an “Eligible Contract Participant” as set forth the Supplemental Forward Contract Terms (as defined below).
These Terms, along with the Supplemental Forward Contract Terms (to the extent the Customer is trading in Forward Contracts) and the specific provisions of a Transaction as found in each respective Confirmation, set forth the entire understanding between the Customer and StoneX Payment Services with respect to the Customer’s use of the Services, each of which is incorporated into and form a part of these Terms.
For Forward Contract Services, the Customer is required to execute the Supplemental Terms for Foreign Exchange Forward Contracts (the “Supplemental Forward Contract Terms”), which must be in place before any Forward Contract is accepted by StoneX Payment Services, which will further provide for all terms associated with Customer’s margin obligations in relation to Forward Contracts.