LFX definition

LFX means leveraged foreign exchange. “LFX” 指 槓 桿 式 外 匯
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LFX means leveraged foreign exchange contract as defined in Schedule 1 to the SFO;
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Examples of LFX in a sentence

  • If the option is on a futures contract, OTCD currency contract or spot LFX trading contract, the seller will acquire a position in the futures contract, OTCD currency contract or spot LFX trading contract, as the case may be, with associated liabilities for margin (see the section on Futures, OTCD currency contracts and Spot LFX trading contracts above).

  • If the option is ‘covered’ by the seller holding a corresponding position in the underlying futures contract, OTCD currency contract, spot LFX trading contract or another option, the risk may be reduced.

  • If the option is on a futures contract, OTCD currency contract or Spot LFX trading contract, the purchaser will have to acquire a position in the futures contract, OTCD currency contract or Spot LFX trading contract, as the case may be, with associated liabilities for margin (see the section on Futures, OTCD currency contracts and Spot LFX trading contracts above).

  • Effect of ‘Leverage’ or ‘Gearing’ Transactions in futures, OTCD currency contracts and Spot LFX trading contracts carry a high degree of risk.

  • This risk disclosure statement provides a brief outline of some of the risks associated with holding and trading of financial instruments, including trading in futures, OTC derivatives contracts, spot foreign exchange contracts for the purposes of leveraged foreign exchange trading (“Spot LFX trading contracts”) and contracts for differences generally.

  • If the option is on a futures contract, OTC derivatives contract or Spot LFX trading contract, the purchaser will have to acquire a position in the futures contract, OTC derivatives contract or Spot LFX trading contract, as the case may be, with associated liabilities for margin (see the section on Futures, OTC derivatives contract and Spot LFX trading contracts above).

  • If the option is on a futures contract, OTC derivatives contract or Spot LFX trading contract, the seller will acquire a position in the futures contract, OTC derivatives contract or Spot LFX trading contract, as the case may be, with associated liabilities for margin (see the section on Futures, OTC derivatives contract and Spot LFX trading contracts above).

  • Trading in futures, options, OTCD currency contracts and Spot LFX trading contracts may not be suitable for many members of the public.

  • If the option is ‘covered’ by the seller holding a corresponding position in the underlying futures contract, OTC derivatives contract, Spot LFX trading contract or another option, the risk may be reduced.

  • The amount of initial margin is small relative to the value of the futures contract, OTCD currency contract or Spot LFX trading contract transaction so that the transaction is highly ‘leveraged’ or ‘geared’.