Forward FX Transaction definition

Forward FX Transaction means a foreign exchange transaction for value seven days or more forward;

Forward FX Transaction means a foreign exchange transaction where the settlement value date is greater than date of booking plus 2 business days;

Forward FX Transaction means a trade where the value date is greater than two business days after the transaction date. FX Transaction - means any transaction between the parties providing for the purchase of one currency with another currency. Insolvent - means insolvent, bankrupt, in liquidation, receivership judicial management or statutory management, under administration or reconstruction, struck-off or removed from the register under the Bankruptcy Xxx 0000 or Corporations Xxx 0000, wound-up, dissolved, subject to any assignment for the benefit of creditors or subject to any arrangement or compromise with creditors.

Examples of Forward FX Transaction in a sentence

• Additional collateral may also need to be provided by the Client in support of the Forward FX Transaction.

• The Bank may from time to time upon request quote a rate for an FX Transaction or Forward FX Transaction.

• The Bank will determine, at its absolute discretion, the quoted rate for each FX Transaction and Forward FX Transaction based upon the size of the transaction and the market rates and conditions prevailing at the time the quote is given, and will not be required to disclose or account for any trading profit (i.e. the margin or rate spread) that it makes or may earn on any particular FX Transaction or Forward FX Transaction.

• After a Forward FX Transaction is established, HiFX may make a Margin Call, as determined by HiFX in its absolute discretion, to re-establish the Margin to an amount acceptable to HiFX.

• In the event that the Client wishes to engage in a Forward FX Transaction, the Bank will consider each request on a case by case basis.

• If the Bank agrees to quote for a Forward FX Transaction, the Client shall be required to complete certain additional documentation or provide information pertaining to the proposed transaction as determined by the Bank, prior to the Forward FX Transaction being executed.

• The Bank may execute an FX Transaction or Forward FX Transaction based upon Instructions received from the Client (and subject to Clause 36.2 below), or without Instructions from the Client in order to apply‌ monies to an Account which have been received by the Bank in a currency other than that in which the Account is maintained.

• In the event that the Client wishes to engage in a Forward FX Transaction, then the Bank will consider each request on a case by case basis.

• If the Bank agrees to quote for a Forward FX Transaction, then the Client shall be required to complete certain additional documentation or provide information pertaining to the proposed transaction as determined by the Bank, prior to the Forward FX Transaction being executed.

• Mr. Kobayashi, Chairperson of the Sub-Committee, reported that the proposal on Master Agreement for Non-Deliverable Forward FX Transaction had beenreleased on December 13 th, 2006 by the New Yor k Foreign Exchange Committee(FXC).

More Definitions of Forward FX Transaction

Forward FX Transaction means a transaction under a contract conferring the obligation, to buy or to sell a specified amount of a currency at a specified price within a predetermined point in time. “Group” means WorldFirst and any of WorldFirst’s subsidiary or holding companies or subsidiaries of its holding companies, successors and/or assignees.

Forward FX Transaction means a transaction under a contract conferring the obligation, to buy or to sell a specified amount of a currency at a specified price within a predetermined point in time, where such transaction is not a Spot FX Transaction.