Spread Charge definition

Spread Charge means the daily cost charged by LCH for holding an open position in an EquityClear (ccCFD) Contracts;
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Examples of Spread Charge in a sentence

  • The spread is calculated as Contract Size * Lots * Minimum Spread Charge.

  • The total of all of these charges for a particular Combined Commodity constitutes the Intracommodity Spread Charge for that Combined Commodity.

  • SPAN then charges the spread rate for each spread and adds this Intermonth Spread Charge to the Scanning Risk Charge.

  • These customers would be less able to replace losses due to stock market downturns.

  • The client Margin requirement can be obtained by added the Scanning Risk Charge and the Intermonth Spread Charge and then comparing it with the Short Option Minimum Margin whichever is larger.Short Option Minimum Charge = maximum (number of short calls, short puts) * Short option minimum charge rate Unusual Future Price moves (Scenario 15 and 16) Deep-out-of-the-money short options positions pose a special risk identification problem.

  • The total of all of these charges for a particular Combined Commodity constitutes the Intracommodity (Intermonth) Spread Charge for that Combined Commodity.

  • SPAN then charges the spread rate for each spread and adds this Intermonth Spread Charge to the Scanning Risk Charge.Short Option Minimum Charge Short options positions in extremely deep-out-of-the-money strikes may appear to have little or no risk across the entire scanning range.

  • For example, variables such as the Intra-Commodity (Inter-Month) Spread Charge which tends to increase the Base Initial Margin and the Inter-Commodity Spread Charge which tends to decrease theScanning Risk to take advantage of the correlations between the different constituents of the Combined Commodity.

  • Since price moves across contracts with different expiries do not generally exhibit perfect correlation, PRiME adds an Intracommodity Spread Charge to the Scan Risk associated with each Combined Commodity under net margining.

  • Since price moves across contract months do not generally exhibit perfect correlation, PRiME adds an Intracommodity (Intermonth) Spread Charge to the Scan Risk associated with each Combined Commodity under net margining.

Related to Spread Charge

  • Prepayment Charge Period As to any Mortgage Loan, the period of time during which a Prepayment Charge may be imposed.

  • transaction charge means any amount charged to a client by a registered firm in respect of a purchase or sale of a security and includes any federal, provincial or territorial sales taxes paid on that amount;

  • Carrying Charges or "rental" means all regular charges paid on a periodic basis to a housing corporation by a person or family living in a rental or cooperative housing project, excluding initial down payments.

  • Transition bond charge means a charge, expressed as an

  • Prepayment Charge With respect to any Mortgage Loan, the charges or premiums, if any, due in connection with a full or partial prepayment of such Mortgage Loan during a Prepayment Period in accordance with the terms thereof (other than any Servicer Prepayment Charge Payment Amount).

  • CCAA Charges means the Administration Charge and the Directors’ Charge;

  • Monthly Charge shall have the meaning set forth in Article 5.

  • Room charge means the charge imposed for the use or occupancy of a room, excluding charges for food, beverages, state use tax, telephone service, or like services paid in connection with the charge, and excluding reimbursement of the assessment imposed by this act.

  • Prepayment Charge Schedule As of any date, the list of Prepayment Charges included in the Trust Fund on such date, attached hereto as Schedule 2 (including the prepayment charge summary attached thereto). The Prepayment Charge Schedule shall set forth the following information with respect to each Prepayment Charge:

  • Penalty Charge means a penalty charge which is payable by virtue of paragraph 3(1) and (2) of Schedule 3 to this Act;

  • Account Charge means, in relation to each of the Charged Accounts, the first priority fixed charge or pledge over all such accounts given or to be given by the relevant account holder thereof in favor of and in form and substance satisfactory to the Security Trustee.

  • User charge means a charge imposed on airlines for the provision of airport, air navigation, or aviation security facilities or services including related services and facilities.

  • Transition charge means a nonbypassable rate or charge to be imposed on a customer to pay

  • Fixed Charge means any rentcharge as defined by the [Finance (1909-10) Act, 1910], and any burden or charge (other than rates or taxes) arising by operation of law or imposed by any Act [ ], or imposed in pursuance of the exercise of any powers or the performance of any duties under any such Act, otherwise than by a person interested in the land or in consideration of any advance to any person interested in the land. “rentcharge” means tithe or tithe rentcharge, or other periodical payment or rendering in lieu of or in the nature of tithe, or any fee farm rent, rent seck, quit rent, chief rent, rent of assize, or any other perpetual rent or annuity granted out of land.

  • Facility Charge means one percent (1%) of the Maximum Term Loan Amount.

  • Termination Charge means a charge levied when an unamortized balance remains and the Jurisdiction requests termination of Street Lighting Service. The charge is determined by costs of equipment, installation, removal, disposal, Capital Recovery Period, and Utility Financing Cost minus payments made to date for the specific fixtures.

  • Finance charge means that term as defined in section 106 of the truth in lending act, 15 USC 1605.

  • SLDC Charges means the charges levied by the SLDC of the state wherein the Solar Power Project is located;

  • Yield Maintenance Charge With respect to any Mortgage Loan or Serviced Companion Loan, the yield maintenance charge or prepayment premium, if any, payable under the related Note in connection with certain prepayments.

  • Administration Charge means a charge established in accordance with Chapter 90.50A RCW and Chapter 173-98 WAC, to be used to pay Ecology’s cost to administer the State Revolving Fund by placing a percentage of the interest earned in an Administrative Charge Account.

  • Floating Charge means a charge that, as created, was a floating charge;

  • Service Charge means the amount charged for making a service available on line and is in addition to the actual fee for a service itself. For example, one who renews a license on line will pay the license renewal fee and a service charge.

  • Adviser Charge : means the fee agreed with your financial adviser in remuneration for the personal recommendation received prior to submission of an Application Form.

  • Bond Service Charges means, for any period or payable at any time, the principal of, premium, if any, and interest on the Bonds for that period or payable at that time whether due at maturity or upon redemption, Mandatory Tender or acceleration.

  • operating charge means any amount charged to a client by a registered firm in respect of the operation, transfer or termination of a client’s account and includes any federal, provincial or territorial sales taxes paid on that amount;

  • Debt charges means the principal, including any mandatory sinking fund deposits and mandatory redemption payments, interest, and any redemption premium, payable on securities as those payments come due and are payable. The use of "debt charges" for this purpose does not imply that any particular securities constitute debt within the meaning of the Ohio Constitution or other laws.