Foreign Exchange Risk. Investors trading bond denominated in a foreign currency face an exchange rate risk. Any fall in the foreign currency will reduce the amount investors receive when they convert a payment of interest or principal back into the local currency.
Appears in 8 contracts
Sources: Client Agreement, Client Agreement, Client Agreement
Foreign Exchange Risk. Investors Clients trading bond denominated in a foreign currency face an exchange rate risk. Any fall in the foreign currency will reduce the amount investors Clients receive when they convert a payment of interest or principal back into the local currency.
Appears in 2 contracts
Sources: Client Agreement (Securities Trading Account), Client Agreement