Equity Value. The equity value is the amount of money a Client would have left in their account should all of the Client’s open positions be closed out at the current market price less any interest, fees, or transaction charges. Free equity is the total of all the positions in the Client’s account less the margin requirement. Free equity can be used to open a new position or can be withdrawn from the Client's account. SMFX may require the Client to maintain a minimum free equity balance in their account. SMFX reserves the right to vary the margin requirement applicable at any time.
Appears in 2 contracts
Samples: Client Services Agreement, Client Services Agreement
Equity Value. The equity value is the amount of money a Client would have left in their account should all of the Client’s open positions be closed out at the current market price less any interest, fees, or transaction charges. Free equity is the total of all the positions in the Client’s account less the margin requirement. Free equity can be used to open a new position or can be withdrawn from the Client's account. SMFX Fidelcrest may require the Client to maintain a minimum free equity balance in their account. SMFX Fidelcrest reserves the right to vary the margin requirement applicable at any time.
Appears in 1 contract
Samples: Client Agreement
Equity Value. The equity value is the amount of money a Client would have left in their account should all of the Client’s open positions be closed out at the current market price less any interest, fees, or transaction charges. Free equity is the total of all the positions in the Client’s account less the margin requirement. Free equity can be used to open a new position or can be withdrawn from the Client's account. SMFX SPFX may require the Client to maintain a minimum free equity balance in their account. SMFX SPFX reserves the right to vary the margin requirement applicable at any time.
Appears in 1 contract
Samples: solidaryprime.com
Equity Value. The equity value is the amount of money a Client would have left in their account should all of the Client’s open positions be closed out at the current market price less any interest, fees, or transaction charges. Free equity is the total of all the positions in the Client’s account less the margin requirement. Free equity can be used to open a new position or can be withdrawn from the Client's Client account. SMFX ATHERFX LLC may require the Client to maintain a minimum free equity balance in their account. SMFX ATHERFX LLC reserves the right to vary the margin requirement applicable at any time.
Appears in 1 contract
Samples: Client Services Agreement