FX Order definition

FX Order means your oral, electronic or written request for us to enter into an FX Contract with you.

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FX Order means any request, application, Standing Order or order, including order to purchase, sell, subscribe and enter into, any foreign currency or FX transaction (as the case may be) and includes any request or order to revoke, ignore or vary any previous request (in the form and manner acceptable to iFAST) made by the Customer, or which iFAST reasonably believes to be a request, application or order from the Customer;

FX Order means a request by a Customer for the Bank to enter into a Spot FX Transaction or another FX Order (including Simple FX Orders and Multi-leg FX Orders) or perform an Order Service which request is conditional on specified Order Conditions being satisfied.

Examples of FX Order in a sentence

• Accordingly, whilst we issue every quote in good faith, we cannot guarantee that a certain exchange rate will be available to you when you go to place your FX Order.

• If we are unable to get in touch with you or you fail to provide us with an FX Order or a Payment Order, we reserve the right to send the money we hold for you, less our costs, to the last known bank account we have on file for you.

• All accrued rights and obligations of the Parties shall survive the expiration or termination of this Agreement (for clarity, Sections 2.01 through 2.13, and the other applicable terms of this Agreement, shall survive for any Feedstock subject to an FX Order placed or shipped before any such expiration or termination).

• A FX Order generally used by a Customer to manage foreign exchange loss so that when a specified rate of exchange falls below or exceeds (as the case may be) the corresponding Order Rate, the Spot FX Transaction the subject of that FX Order will be entered into at the next traded, lower or higher (as the case may be) level of the specified exchange rate, as determined by the Bank in its absolute discretion acting in good faith.

• The Bank may, in its discretion, cancel a FX Order at any time before that FX Order is Filled.

• A contract to enter into the Spot FX Transaction or FX Order or to perform the Order Service the subject of a FX Order (subject to the satisfaction of the Order Conditions of the FX Order) is formed at the time that FX Order is accepted by the Bank.

• The Bank will determine if the Order Conditions (including the market rate of exchange applicable to the Customer) of a FX Order have been satisfied.

• If the Bank determines that the Order Conditions of a FX Order have been satisfied, the Bank will, subject to its normal practices, enter into the corresponding Spot FX Transaction or FX Order or perform the Order Service the subject of that FX Order and, after entering into the corresponding Spot FX Transaction FX Order or performing the Order Service, will regard that FX Order as Filled.

• Any such fee will be advised to the Customer before the FX Order is entered into.

• Delivery shall take place within the period from […***…] the delivery date contained in the FX Order and agreed-to by ONC.

More Definitions of FX Order

FX Order has the meaning assigned in Section 2.04(2)(a);

FX Order means a request from you to us to enter into a Transaction.

FX Order means any order or instruction or request from you to give instructions or requests to execute FX Transactions and, unless otherwise specified in these Terms, includes any Standing Instruction you requested the Bank to take on a monthly basis or any other regular frequency interval which you may specify in respect of FX Transactions.

FX Order means your oral, electronic or written request for us to enter into an FX Contract with you. “Large Corporation” means you if you are not a Charity or a Micro-Enterprise.

FX Order means an offer by the Client to CD to enter into a FX Contract which may be accepted by CD.

FX Order means (i) any order or Instruction or request from you to give Instructions or requests to execute FX Transactions and, (ii) unless otherwise specified in these Account Terms or Wealth Management Services Terms, includes any Standing Instruction you requested us to take on a monthly basis or any other regular frequency interval which you may specify in respect of FX Transactions for purpose of recurring Fund subscription.