Spot FX definition

Spot FX means the spot BRL/USD foreign exchange rate on the relevant date as determined by the Determination Agent.
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Spot FX means an agreement between two (2) parties to buy one (1) currency while selling another currency at an agreed price for settlement on the spot date (i.e. within a period of 0 – 5 business days). FMDQ Exchange rate at which the transaction is executed is referred to as the spot exchange rate.
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Spot FX means a foreign exchange contract whose rate is agreed on today for the exchange of two currencies two (2) Business Days from the date it is entered.
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Examples of Spot FX in a sentence

  • In this regard, the Customer authorizes and instructs ▇▇▇▇▇ (as a standing Authorized Instruction hereunder) to hold execution (where appropriate) and to execute all securities related FX Transactions instructed by the Customer under a Standing Mandate Trading Instruction as Spot FX Transactions (as defined herein).

  • In this regard, the Customer authorises and instructs ▇▇▇▇▇ (as a standing Authorised Instruction hereunder) to hold execution (where appropriate) and to execute all securities related FX Transactions instructed by the Customer under a Standing Mandate Trading Instruction as Spot FX Transactions (as defined herein).

  • The prevailing market is determined by Cboe FX, in its discretion, by reference to factors that may include the midpoint of the best bid/ask spread available to the user at the time of order entry on the Cboe FX Platform, the prices available to other users on the Cboe FX Platform, prices otherwise available in the broader market, including rates available on other venues that offer trading in Spot FX Transactions (as such term is defined below), and/or any other relevant fact or circumstance.

  • Participating Financial Institutions and clients of Participating Financial Institutions must have the ability to effect physical delivery with respect to Spot FX Transactions and Bullion Transactions occurring via the Cboe FX Platform; the transactions entered into on the Cboe FX Platform are not rolled as a matter of course; and any netting shall only be done in accordance with a pre-negotiated netting agreement entered into between the counterparties to the transactions.

  • In addition to a review of trade and market data, Cboe FX may speak with the counterparties to the transaction and market professionals not involved in the transaction in order to gather relevant information about the transaction and market conditions, and may seek data or other information from other venues that offer trading in Spot FX Transactions.

  • Generally, a transaction executed within the applicable Spot FX Fair Trade Range is likely to be considered by Cboe FX to be a valid transaction and therefore is not likely to be considered by Cboe FX to be an Off-Market transaction.

  • In the event of a late request, Cboe FX will take into consideration several factors in determining whether to conduct a review including but not limited to: the amount by which an execution price is outside of the Spot FX Fair Trade Range; the elapsed time between trade execution and the Cboe FX’s receipt of a request for a review; and the subsequent movement of the market in the time between trade execution and the review request.

  • Margin requirements are applicable to all Spot FX, Forwards and Options to which we act as a counterparty.

  • Upon exercising the Option, you will be automatically entered into a Spot FX detailed in the Transaction Confirmation and will be bound by this Agreement.

  • 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.


More Definitions of Spot FX

Spot FX means the price that a currency pair is quoted at, for an immediate ‘on the spot’ transaction.
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Spot FX means a product group where a Deliverable Currency is offered for another Deliverable Currency; Spot XBT means a product group where Bitcoin is offered for a Deliverable Currency; Target Company means a company which is fully or partly owned by a Private Term means the period of time during which you/yourselves, on the basis of the sole discretion of BlockSettle, have been accepted as a Participant and is bound by this Agreement; Terminal means the BlockSettle Terminal; Trading Participant means a BlockSettle accepted user of the Service who (i)
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Related to Spot FX

  • Spot film means a radiograph which is made during a fluoroscopic examination to permanently record conditions which exist during that fluoroscopic procedure.

  • Spot Rate for a currency means the rate determined by the Administrative Agent or the L/C Issuer, as applicable, to be the rate quoted by the Person acting in such capacity as the spot rate for the purchase by such Person of such currency with another currency through its principal foreign exchange trading office at approximately 11:00 a.m. on the date two Business Days prior to the date as of which the foreign exchange computation is made; provided that the Administrative Agent or the L/C Issuer may obtain such spot rate from another financial institution designated by the Administrative Agent or the L/C Issuer if the Person acting in such capacity does not have as of the date of determination a spot buying rate for any such currency; and provided further that the L/C Issuer may use such spot rate quoted on the date as of which the foreign exchange computation is made in the case of any Letter of Credit denominated in an Alternative Currency.

  • Spot Price means the rate of exchange at the time at which such price is to be determined for foreign exchange transactions in the relevant Currency Pair for value on the Spot Date, as determined in good faith: (i) by the Seller, for purposes of Section 5, and (ii) by the Non-Defaulting Party, for purposes of Section 8.

  • Spot network means a type of electric distribution system that uses two or more inter-tied transformers to supply an electrical network circuit. A spot network is generally used to supply power to a single customer or a small group of customers. Spot network has the same meaning as the term "spot network" defined in Section 4.1.4 of IEEE Standard 1547.

  • Spot-film device means a device intended to transport or position a radiographic image receptor between the x-ray source and fluoroscopic image receptor. It includes a device intended to hold a cassette over the input end of an image intensifier for the purpose of making a radiograph.