Examples of CFD Contract in a sentence
You acknowledge and agree that unless otherwise agreed in a formal written instrument You will not be entitled to delivery of, or be required to deliver, any Reference Asset of a CFD Contract nor will you acquire any interest in any Reference Asset of a CFD Contract.
You acknowledge and agree that FOREX.com Canada will have the right to close any CFD Transaction in its sole and absolute discretion without notice if the Reference Asset is a derivative financial instrument or commodity, as offered for trading by FOREX.com Canada as a CFD Contract, which may settle on expiry by a delivery other than in cash, a reasonable period prior to the expiry date as determined in the sole and absolute discretion of FOREX.com Canada.
A CFD (Contract for Difference) is an agreement to exchange the difference between the opening and closing value of a contract at its close.
In the event that the aforesaid suspension continues for five (5) Business Days, the Client and the Firm may agree, in good faith, a Closing Date and a value of the CFD Contract.
Following a request by the Client, the Firm may, but is not obliged to, reopen that CFD Contract on the following Business Day subject to the relevant Finance Charge.