Forward Trade definition

Forward Trade means a foreign exchange transaction where acting on the instruction of you, we secure an immediate exchange rate on currency to be delivered at a pre-determined future date longer than four working days

Forward Trade means a Trade where the settlement of the Trade is not due to occur within the Spot Period.

Forward Trade means a transaction where the Value Date is later than the standard spot delivery date for that currency pair.

Examples of Forward Trade in a sentence

• We will try to reasonably off-set losses due to the revocation, but you are ultimately responsible for losses of any kind as a result of cancelling a Forward Trade.

• Additional margin will be called for to cover exchange losses incurred over the life of the Forward Trade due to changes in exchange rate from time to time.

• You are bound by the Stop and Limit Contract and are therefore obliged to enter into the Spot Trade or the Forward Trade unless you cancel during Business Hours, the Stop and Limit Contract before we have booked the corresponding Trade from our liquidity provider.

• An Online Forward Trade is effective from the date and time we specify in the Acceptance.

• We may agree, at your request, to enter into a Contract for a Spot Trade or a Forward Trade and/or a Payment to be executed in the future when a specific exchange rate becomes available (a “Stop and Limit Contract”).

More Definitions of Forward Trade

Forward Trade means a transaction where the value date is three working days, or later, after instruction

Forward Trade means a foreign exchange transaction where acting on your instruction we secure an immediate exchange rate on currency to be delivered at a pre-determined future date longer than two Business Days after Acceptance;

Forward Trade means a foreign exchange transaction forming part of Our Services where you ask us to secure an exchange rate now but to make the transaction on a pre-determined future date more than 2 (two) Business Days after Acceptance, and includes Online Forward Trades;

Forward Trade means a transaction where the Value Date is later than two working days after the instruction. “Good-Till-Cancelled” (GTC) specifies a limit order that stays on our books until executed.

Forward Trade means a transaction where the Value Date is later than five Business Days after the instruction.

Forward Trade means a Foreign Exchange transaction where you provide Instruction to us to secure an exchange rate at the time your Instruction is received by us that allows the Transaction to be completed at a pre-specified date in the future;

Forward Trade specifies a transaction where the Value Date is later than 2 (two) working days after the instruction. i financial institutions with which the Client will have or propose to have dealings which has referred the Client to Currency Partners; ii any o‰ce/branch of an A‰liate;