CA-3.4.5
An
(a) Foreign currency assets which have been deducted in full from the firm's capital resources under the calculation under the capital resources table;
(b) Position hedging where it is of a non trading or structural nature;
(c) Positions of a non trading or structural nature that a firm has deliberately taken in order to hedge against the adverse effect of the exchange rate on the ratio of its capital resources to its capital resources requirements; and
(d) Transactions to the extent that they fully hedge net future foreign currency income or expenses which are known but not yet accrued.
Amended: October 2009