FORCED LIQUIDATION. On the happening of any of the following:-
(a) the dissolution or liquidation of the Client,
(b) the filing of a petition in bankruptcy, or a petition for the appoint of a receiver, by or against the Client,
(c) the filing of any attachment against any of the Client’s accounts carried by GTJAF,
(d) insufficient margin or GTJAF’s determination that any collateral deposited to protect one or more accounts of the Client is inadequate, regardless of current market quotations, to secure the account, or
(e) any other circumstances or developments that GTJAF deems to require action necessary for its protection, GTJAF is hereby authorized, according to its judgment and in its sole discretion, to take one or more or any portion of the following actions:-
(1) satisfy any obligation the Client may have to GTJAF, either directly or by way of guaranty or suretyship, out of any of the Client’s funds or property in the custody or control of GTJAF;
(2) sell any or all Derivatives contracts of the Client or to purchase any or all Derivatives for the Client; and
(3) cancel any or all outstanding orders, contracts, or any other commitments made on behalf of the Client. Any of the above actions may be taken without demand for margin or additional margin, without prior notice of sale or purchase or other notice or advertisement to the Client, and regardless of whether the ownership interests shall be solely the Client’s or held jointly with others. In liquidating the Client’s long or short positions, GTJAF in its sole discretion, may sell or purchase in the same contract month. Any sales or purchases hereunder may be made according to GTJAF’s judgment and at its sole discretion on any exchange or other market where such business is then usually transacted or at public auction or at private sale, and GTJAF may purchase the whole or any part thereof free from any right of redemption. It is understood that, in all cases, a prior demand, call, or notice of the time and place of a sale or purchase shall not be considered a waiver of GTJAF’s right to sell or buy without demand or notice as herein provided. The Client at all times shall be liable for the payment of any debit balance of the Client upon demand by GTJAF and shall be liable for any deficiency remaining in the Client’s accounts(s) in the event of the liquidation thereof in whole or in part by GTJAF or by the Client. In the event the proceeds realized pursuant to this authorization are insufficient for the payment of all l...
FORCED LIQUIDATION. 15.1. The Client is required to maintain sufficient level of Initial Margin. easyMarkets reserves its full rights to close out all Open Positions:
(a) when the Stop Loss Order is reached; or
(b) if at any time the Initial Margin held by easyMarkets is approaching or is no longer sufficient to cover the negative floating value of any or all Open Positions that the Client has open with easyMarkets; or
15.2. easyMarkets shall have the right, at its sole discretion, to determine the floating market value from time to time.
15.3. In addition to other remedies available to easyMarkets, if the Client fails to pay an amount when due under this Agreement, easyMarkets has the right to terminate (by either buying or selling) any or all of the Client’s Open Positions.
FORCED LIQUIDATION. 17.1 The Client is required to maintain a sufficient level of Deposit. VGP reserves its rights to close out all Open Positions:
(a) if at any time the Deposit held by VGP is approaching or is no longer sufficient to cover the negative mark to market value of any or all Open Positions that the Client has open with VGP; or
(b) if at any time the pre-agreed Credit Limit assigned to the Client by VGP is no longer sufficient to cover the negative mark to market value of any or all Open Positions that the Client has open with VGP.
17.2 VGP shall have the right, at our sole discretion, to determine the Mark to Market value from time to time.
17.3 In addition to other remedies available to VGP, if the Client fails to pay any amount when due under this Agreement, or if a Default Event occurs, VGP has the right to terminate (by either buying or selling) any or all of the Client’s Open Positions.
17.4 When VGP accepts payment of a Margin Call the Client immediately receives Reciprocal Obligations under the Trade Contract Terms. Margin Call payments purchase that Reciprocal Obligation and are not “client money”.
FORCED LIQUIDATION. 2.17.1. You are required to maintain a sufficient level of Margin Deposit. We reserve our right to close out all open positions: • if at any time the Margin Deposit held by us is approaching or is no longer sufficient tocover the negative mark to market value of any or all open positions that you have with us; or • If at any time the pre-agreed credit limit assigned to you is no longer sufficient to cover the negative mark to market value of any or all open positions that you have open with us.
2.17.2. We shall have the right, in our absolute discretion, to determine the mark to market value from time to time. In addition to other remedies available to us, if you fail to pay an amount when due under this Agreement, we have the right to close (by either buying or selling) any or all of your open positions.
2.17.3. We are not obliged to contact you before we take the relevant action under clause 2.
17.1. If however we do so, the margin call may be made by email, via the electronic trading platform, telephone call, fax, post or text message. The margin call will be deemed to have been received if we have left a message requesting you to contact us, or if we have been unable to leave a message but made reasonable endeavours to do so.
FORCED LIQUIDATION. 6.9.1 The Client is required to maintain sufficient level of Margin Deposit in its Client Account at all times. XX XXXXXX reserves its full rights to close out all Open Positions:
(a) if at any time the Margin Deposit held by XX XXXXXX is approaching or is no longer sufficient to cover the negative mark to market value of any or all Open Positions that the Client has opened with XX XXXXXX; or
(b) if at any time the pre-agreed Credit Limit assigned to the client by XX XXXXXX is no longer sufficient to cover the negative mark to market value of any or all Open Positions that the Client has open with XX XXXXXX.
6.9.2 XX XXXXXX shall have the right, at its sole discretion, to determine the mark to market value from time to time.
6.9.3 In addition to other remedies available to XX XXXXXX, if the Client fails to pay an amount when due under this Agreement, XX XXXXXX has the right to terminate (by either buying or selling) any or all of the Clients Open Positions.
FORCED LIQUIDATION. When the prepayment ratio of the client's account reaches 30%, the system will force liquidation from the trading order with the most losses until the margin returns to more than 30%. When the price fluctuates and there is a gap, it may skip 30% and force the position to be closed at a prepayment ratio of less than 30% or cause the balance to appear negative. On weekends or international holidays 30 minutes before the market is closed, the maintenance margin will be increased by 100%. After the international holiday or before the market opens on Monday, the maintenance ratio will return to the 30% stage, and you need to pay attention to the capital situation of the holdings. Customers note that overnight interest will be charged across weekends, and overnight interest needs to be taken into account.
FORCED LIQUIDATION a) The Client is required to maintain a sufficient level of Margin. Moonance reserves its rights to close out all Open Positions:
i. if at any time the Deposit held by Moonance is approaching or is no longer sufficient to cover the negative mark to market value of any or all Open Positions that the Client has open with Moonance; or
ii. at any time, and from time to time, Moonance determines that the value of all of the Client’s Open Positions represents a substantial net unrealized loss to the Client such that, in Moonance’ belief, the continued trading, or failure to Close Out, one or more of the Client’s Open Positions will or is likely to materially prejudice the Client’s Account Value.
b) Moonance shall have the right, at our sole discretion, to determine the Mark to Market value from time to time.
c) In addition to other remedies available to Moonance, if the Client fails to pay any amount when due under this Agreement, or if a Default Event occurs, Moonance has the right to terminate (by either buying or selling) any or all of the Client’s Open Positions.
FORCED LIQUIDATION. 17.1 The Client is required to maintain a sufficient level of Deposit. HoldingFx reserves its rights to close out all Open Positions:
(a) if at any time the Deposit held by HoldingFx is approaching or is no longer sufficient to cover the negative mark to market value of any or all Open Positions that the Client has open with HoldingFx; or
(b) if at any time the pre-agreed Credit Limit assigned to the Client by HoldingFx is no longer sufficient to cover the negative mark to market value of any or all Open Positions that the Client has open with HoldingFx.
17.2 HoldingFx shall have the right, at our sole discretion, to determine the Mark to Market value from time to time.
17.3 In addition to other remedies available to HoldingFx, if the Client fails to pay any amount when due under this Agreement, or if a Default Event occurs, HoldingFx has the right to terminate (by either buying or selling) any or all of the Client’s Open Positions.
17.4 When HoldingFx accepts payment of a Margin Call the Client immediately receives Reciprocal Obligations under the Trade Contract Terms. Margin Call payments purchase that Reciprocal Obligation and are not “client money”.
FORCED LIQUIDATION. 6.9.1 The Client is required to maintain sufficient level of Margin Deposit in i ts Client Account at all times. JDX reserves its full rights to close out all Open Positions:
(a) if at any time the Margin Deposit held by JDX is approaching or is no longer sufficient to cover the negative mark to market value of any or all Open Positions that the Client has opened with JDX; or
(b) if at any time the pre-agreed Credit Limit assigned to the client by JDX is no longer sufficient to cover the negative mark to market value of any or all Open Positions that the Client has open with JDX.
6.9.2 JDX shall have the right, at its sole discretion, to determine the mark to market value from time to time.
6.9.3 In addition to other remedies available to JDX, if the Client fails to pay an amount when due under this Agreement, JDX has the right to terminate (by either buying or selling) any or all of the Clients Open Positions.
FORCED LIQUIDATION. The Client is required to maintain a sufficient level of Margin. Global Femic Services Limited reserves its rights to close out all Open Positions:
i. if at any time the Deposit held by Global Femic Services Limited is approaching or is no longer sufficient to cover the negative mark to the market value of any or all Open Positions that the Client has open with Global Femic Services Limited; or ii. at any time, and from time to time, Global Femic Services Limited determines that the value of all of the Client’s Open Positions represents a substantial net unrealized loss to the Client such that, in Global Femic Services Limited’s belief, the continued trading, or failure to Close Out, one or more of the Client’s Open Positions will or is likely to materially prejudice the Client’s Account Value. Global Femic Services Limited shall have the right, at our sole discretion, to determine the Mark to Market value from time to time. In addition to other remedies available to Global Femic Services Limited, if the Client fails to pay any amount when due under this Agreement, or if a Default Event occurs, Global Femic Services Limited has the right to terminate (by either buying or selling) any or all of the Client’s Open Positions.
