FX Trading definition
Examples of FX Trading in a sentence
OTC Margined FX Trading involves a high amount of risk and is highly speculative.
The Services contemplated by this Section 20 include (i) services currently known as FX Trading and the foreign exchange functionality provided on Passport (formerly TradeXL) both accessible through Morgan Stanley’s Client Link and (ii) any other foreign exchange service as may be offered to You by Morgan Stanley directly or through third parties, each of which shall be deemed a Vendor for purposes of this Schedule.
This FX Trading Supplement sets forth certain additional terms and conditions under which GS&Co. will enter into foreign exchange spot and forward transactions (each, an “FX Transaction” and collectively, “FX Transactions”), with Client; provided, however, nothing in this FX Trading Supplement shall obligate GS&Co. to offer to Client a particular type of FX Transaction.
QFS can Liquidate Positions of the Customer that do not have adequate margin: Because of the leverage available with OTC Margined FX Trading and the potential for extreme volatility, an QFS Custodian of funds reserves the sole discretionary right to liquidate Customer’s Account(s) should the Margin in the Account not be sufficient to cover the potential risk of loss.
In addition to other applicable agreements and supplements set forth herein, the Entity agrees to abide by the FX Trading Supplement.
OTC FX Trading is highly speculative and is suitable only for those who (i) understand and are willing to assume the economic, legal and other risks involved, and (ii) are financially able to assume losses significantly in excess of margin or deposits.
Unless otherwise defined in this FX Trading Supplement, defined terms have the same meaning as set forth in Client’s New Account Agreement.
In the event that any provision of this FX Trading Supplement conflicts or is inconsistent with any provision of Client’s New Account Agreement, this FX Trading Supplement shall control for matters related to this FX Trading Supplement.
Failure of Interbank FX, LLC to make such margin call on the account in these circumstances shall in no way limit FX Trading, LLC's right under the Customer Agreement with respect to under margined accounts, including, without limitation, the rights conferred on it by the provisions of Section 6 thereof.
The Client, or an Authorised User may issue trading instructions to VBTRADETECH FX by using the VBTRADETECH FX Trading Platform via a desktop computer or a mobile device.