Common use of Exchange Conversion Clause in Contracts

Exchange Conversion. In respect of any Transaction on the Account executed in any currency other than the currency that you have in your Account, any profit or loss arising as a result of exchange rate fluctuation will be entirely for the Account and at your risk, and will accordingly be credited or debited (as the case may be) to the Account at the exchange rate adopted by the relevant bank at the time.

Appears in 11 contracts

Sources: Customer Agreement, Account Application Form and Client Agreement, Customer Agreement

Exchange Conversion. 8.1 In respect of any Transaction on the Account Account(s) executed in any currency other than the currency that you have the Client has in your Accountthe Account(s), any profit or loss arising as a result of exchange rate fluctuation will be entirely for the Account and at your the Client’s risk, and will accordingly be credited or debited (as the case may be) to the Account at the exchange rate adopted by the relevant bank at the time. The Client is also responsible for any expenses and charges that may be incurred as a result of such foreign exchange.

Appears in 9 contracts

Sources: Terms and Conditions for Futures and Options Trading, Client Agreement, Terms and Conditions for Futures and Options Trading

Exchange Conversion. In respect of any Transaction on the Account Account(s) executed in any currency other than the currency that you have in your AccountAccount(s), any profit or loss arising as a result of exchange rate fluctuation will be entirely for the Account and at your risk, and will accordingly be credited or debited (as the case may be) to the Account at the exchange rate adopted by the relevant bank at the time. You are also responsible for any expenses and charges that may be incurred as a result of such foreign exchange.

Appears in 3 contracts

Sources: Customer Agreement, Customer Agreement, Customer Agreement

Exchange Conversion. In respect of any Transaction on the Account Account(s) executed in any currency other than the currency that you have the Client has in your Accountthe Account(s), any profit or loss arising as a result of exchange rate fluctuation will be entirely for the Account and at your the Client’s risk, and will accordingly be credited or debited (as the case may be) to the Account at the exchange rate adopted by the relevant bank at the time. The Client is also responsible for any expenses and charges that may be incurred as a result of such foreign exchange.

Appears in 1 contract

Sources: Client Agreement