Base Currency Sample Clauses
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Base Currency. For the purposes of any calculation hereunder, we may convert amounts denominated in any other currency into the Base Currency at such rate prevailing at the time of the calculation as we shall reasonably select.
Base Currency. The base currency of the Scheme shall be Pakistani Rupee; it being clarified, however, that the Authorized Investments may be denominated in Pakistani Rupee or (subject to applicable law) any other Foreign Currency.
Base Currency. When you open an Account with us, you will nominate the currency for your Account and this currency will be the Base Currency of your Account. All Contracts will be conducted in the currency appropriate to the Contracts and will be converted into Base Currency at the previous day’s official closing Exchange Rate for the purposes of calculating the components of your Account summary.
Base Currency. The base currency of the Fund is US Dollars (“
Base Currency. 7.4.2.1. The default base currency on your account is USD (United States Dollar) (the “Account Base Currency”). Details regarding designation of a base currency are provided on our website in the Account Application Form or in the Trading Policies and Procedures. Any sums deposited in 25 your Account, if in a Currency other than the Account Base Currency, may be converted to that Account Base Currency at the prevailing conversion rate as designated by us unless alternative instructions from you are accepted by us. If any interest costs, commission, and other charges to be debited to your Account are in a Currency other than the Account Base Currency they may be converted to that Account Base Currency at the prevailing conversion rate as designated by us.
7.4.2.2. All payments from your Account will be made on your request in the Account Base Currency unless another Currency is agreed in advance, and we may remit funds using a payment method which we determine is appropriate. We shall not be obliged to make any payment to you unless your cash balance remaining after making the payment would be sufficient to cover any Margin requirements and any unrealized losses in relation to any open Transactions on your Accounts.
7.4.2.3. The Base Currency of your account will not be changed once a first deposit has been made on the account.
Base Currency. For the purposes of any calculation made under this Agreement, the Broker Member may convert amounts denominated in any other Currency into US Dollars at such rate prevailing at the time of the calculation as the Broker Member shall reasonably select.
Base Currency. 11.2.1 You shall designate a base currency for your Account which shall either be UK Pounds Sterling, US Dollars, Euros or any other currency agreed in advance with us referred to as the “Account Base Currency”).
11.2.2 Any sums deposited in your Account, if in a Currency other than the Account Base Currency, may be converted to that Account Base Currency at the prevailing conversion rate as designated by us unless alternative instructions from you are accepted by us.
11.2.3 If any interest costs, commission and other charges to be debited to your Account are in a currency other than the Account Base Currency they may be converted to that Account Base Currency at the prevailing conversion rate as designated by us.
11.2.4 All payments from your Account will be made on your request in the Account Base Currency unless another Currency is agreed in advance between you and us and will be made by BACS transfer, Telegraphic Transfer, SWIFT or, where payments were made by debit or credit card, and it is permitted, transfer of funds to the relevant credit or debit card account. We shall not be obliged to make any payment to you unless your cash balance remaining after making the payment would be sufficient to cover your Margin and any unrealized losses in relation to your open Transactions on your Accounts.
Base Currency. For the purposes of any calculation hereunder, HYCM may convert amounts denominated in any other Currency into the Base Currency at such rate prevailing at the time of the calculation as HYCM shall reasonably select.
Base Currency. 3.6.1 When you open an Account with us, you will nominate the currency for your Account and this currency will be the Base Currency of your Account.
3.6.2 All Contracts will be conducted in the currency appropriate to the Contracts and will be converted into Base Currency at the prevailing spot rate for the purposes of calculating the components of your Account summary.
Base Currency. The home market’s currency or the first currency in a currency pair; a client or trader buys or sells the base currency against the other currency