Transcription of TechFX LLC - Amazon Web Services
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TechFX LLC. Approved by Director TechFX LLC. 20/07/2021. Rules of conducting transactions in non-deliverable over-the-counter financial instruments 1. Introduction Rules of conducting transactions in non-deliverable over-the-counter financial instruments in TechFX . LLC (hereinafter Rules) developed in accordance with the decree of the President of the Republic of Belarus from June 4, 2015 231 "On the implementation of activities in the OTC Forex market", resolution of Board of National Bank of the Republic of Belarus from February 12, 2016 No. 69 "On approval of the Instruction on establishing requirements for the organization of internal control and risk management in Forex companies, the National Forex center, by the resolution of the Board of the National Bank of the Republic of Belarus dated February 9, 2016 No.
1. Terms and definitions Transaction in non-deliverable over-the-counter financial instruments is an OTC transaction and consists of two parts – opening and closing positions, provides rights and imposes no obligations on purchase (sale) of the underlying asset, but creates the obligation to pay (the right to) the amount of the
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