Common use of Borrow Fees and Carrying Fees for OTC Precious Metals Clause in Contracts

Borrow Fees and Carrying Fees for OTC Precious Metals. You will pay a carrying fee on the amount of all open long Precious Metals positions held overnight, and a borrow fee on short positions held overnight. Borrow fees and carrying fees on open Precious Metals positions are calculated and charged daily in the currency in which the Precious Metal transaction is denominated. Fee rates are determined by IBIE and may be adjusted at any time in IBIE's sole discretion and may vary based on the balance.

Appears in 6 contracts

Sources: Customer Agreement, Customer Agreement, Customer Agreement

Borrow Fees and Carrying Fees for OTC Precious Metals. You will pay a carrying fee on the amount of all open long Precious Metals positions held overnight, and a borrow fee on short positions held overnight. Borrow fees and carrying fees on open Precious Metals positions are calculated and charged daily in the currency in which the Precious Metal transaction is denominated. Fee rates are determined by IBIE IBUK and may be adjusted at any time in IBIEIBUK's sole discretion and may vary based on the balance.

Appears in 2 contracts

Sources: Client Agreement, Client Agreement for Products

Borrow Fees and Carrying Fees for OTC Precious Metals. You will pay a carrying fee on the amount of all open long Precious Metals positions held overnight, and a borrow fee on short positions held overnight. Borrow fees and carrying fees on open Precious Metals positions are calculated and charged daily in the currency in which the Precious Metal transaction is denominated. Fee rates are determined by IBIE IB UK and may be adjusted at any time in IBIEIB UK's sole discretion and may vary based on the balance.

Appears in 2 contracts

Sources: Client Agreement, Client Agreement

Borrow Fees and Carrying Fees for OTC Precious Metals. You will pay a carrying fee on the amount of all open long Precious Metals positions held overnight, and a borrow fee on short positions held overnight. Borrow fees and carrying fees on open Precious Metals positions are calculated and charged daily in the currency in which the Precious Metal transaction is denominated. Fee rates are determined by IBIE IBLUX and may be adjusted at any time in IBIE's IBLUX’s sole discretion and may vary based on the balance.

Appears in 1 contract

Sources: Customer Agreement