Common use of Foreign Currency Exchange Transaction Facility Clause in Contracts

Foreign Currency Exchange Transaction Facility. Multi-Currency enabled Sub-Accounts may be able to exchange cash funds between currencies through spot foreign exchange transactions executed through the Interactive system. Introducing Broker and its Clients can use these spot foreign exchange transactions to convert funds to repay margin balances, to convert gains generated on investments denominated in foreign currency back into the base currency, or to take positions in particular currencies for purposes of investment or speculation.

Appears in 1 contract

Sources: Consolidated Account Clearing Agreement

Foreign Currency Exchange Transaction Facility. Multi-Currency enabled Sub-Accounts may will be able to exchange cash funds between the base currency and other currencies through spot foreign exchange transactions executed through the Interactive system. Introducing , introducing Broker and its Clients Its Customers can use these spot foreign exchange transactions to convert funds to repay margin balances, to convert gains generated on investments denominated in foreign currency back into the base currency, or to take positions in particular currencies for purposes of investment or speculation.

Appears in 1 contract

Sources: Consolidated Account Clearing Agreement (Up Fintech Holding LTD)