Client obligation to monitor. MTC will report all margin requirements on a daily basis at the end of each trading day through the trading platform. It is the Client’s responsibility to ensure that they monitor or request all relevant information, including Margin requirements, prior to placing any orders or closing out positions. MTC will not be responsible for any losses the Client may incur in not monitoring or requesting this information. At all times, it is the Client’s sole responsibility to monitor all margin requirements under these General Terms and Conditions and any additional margin that may be required. To assist in this, we recommend that the Client consider this in light of the following factors: • Volatility of the market & relevant Underlying Asset • Any applicable exchange rate risk • Any open positions • Bank clearance times for funds transfer and clearance • Any such matter the Client considers may affect your margin requirements While MTC will make reasonable endeavors to make a margin demand, we are under no obligation to provide such demand and the Client may have to close out or limit positions as provided under this Agreement. A Client’s Margin requirement for each Contract will fluctuate based on i) the price of the Underlying Contract and/or ii) foreign exchange rate changes if the Contract traded has a different Currency than the Client’s Base Currency Account. If adverse market movements occur, the Client may be required to deposit additional money (called a Margin Call) to cover the fluctuating margin requirement for a particular Contract. Whenever trading, the Client will need sufficient equity in their Account to maintain the Total Margin requirement.
Client obligation to monitor. Lucror will report all margin requirements on a daily basis at the end of each trading day. It is the Client’s responsibility to ensure that they request all relevant information, including Margin requirements, prior to placing any orders or closing out positions. Lucror will not be responsible for any losses the Client may incur in not requesting this information. At all times, it is the Client’s sole responsibility to monitor all margin requirements under these General Terms and Conditions and any additional margin that may be required. To assist in this, we recommend that the Client consider this in light of the following factors: Volatility of the market & relevant Underlying Asset Any applicable exchange rate risk Any open positions Bank clearance times for funds transfer and clearance Any such matter the Client considers may affect your margin requirements While Lucror will make reasonable endeavors to make a margin demand, we are under no obligation to provide such demand and the Client may have to close out or limit positions as provided under this Agreement. A Client’s Margin requirement for each Contract will fluctuate based on i) the price of the Underlying Contract and/or ii) foreign exchange rate changes if the Contract traded has a different Currency than the Client’s Base Currency Account. If adverse market movements occur, the Client may be required to deposit additional money (called a Margin Call) to cover the fluctuating margin requirement for a particular Contract. Whenever trading, the Client will need sufficient equity in their Account to maintain the Total Margin requirement.
