Common use of FORCED LIQUIDATION Clause in Contracts

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. 15.1. 13.1 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. 13.2 easyMarkets shall have the right, at its sole discretion, to determine the floating market value from time to time. 15.3. 13.3 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.