Common use of Futures and Leveraged Foreign Exchange Trading Clause in Contracts

Futures and Leveraged Foreign Exchange Trading. (i) Effect of ‘Leverage’ or ‘Gearing’ Transactions in futures and leveraged foreign exchange carry a high degree of risk. The amount of initial margin is small relative to the value of the futures contract or leveraged foreign exchange transaction so that the transaction is highly ‘leverage’ or ‘geared’. A relatively small market movement will have a proportionately larger impart on the funds you have deposited or will have to deposit: this may work against you as well as for you. You may sustain a total loss of initial margin funds and any additional funds deposited with the firm to maintain your position. If the market moves against your position or margin levels are increased, you may be called upon to pay substantial additional funds on short notice in order to maintain your position. If you fail to comply with a request for additional funds within the time prescribed, your position may be liquidated at a loss and you will be liable for any resulting deficit in your account.

Appears in 3 contracts

Samples: Margin Trading Agreement, Margin Trading Agreement, Trading Agreement

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Futures and Leveraged Foreign Exchange Trading. (i) Effect of ‘Leverage’ or ‘Gearing’ Transactions in futures and leveraged foreign exchange carry a high degree of risk. The amount of initial margin is small relative to the value of the futures contract or leveraged foreign exchange transaction so that the transaction is highly ‘leverageleveraged’ or ‘geared’. A relatively small market movement will have a proportionately larger impart impact on the funds you have deposited or will have to deposit: ; this may work against you as well as for you. You may sustain a total loss of the initial margin funds and any additional funds deposited with the firm to maintain your position. If the market moves against your position or margin levels are increased, you may be called upon to pay substantial additional funds on short notice in order to maintain your position. If you fail to comply with a request for additional funds within the time prescribedspecified time, your position may be liquidated at a loss and you will be liable for any resulting deficit in your account.

Appears in 3 contracts

Samples: Client Agreement, Client Agreement, Client Agreement

Futures and Leveraged Foreign Exchange Trading. (i) Effect of 'Leverage' or 'Gearing' Transactions in futures and leveraged foreign exchange carry a high degree of risk. The amount of initial margin is small relative to the value of the futures contract or leveraged foreign exchange transaction so that the transaction is highly ‘leverage’ 'leveraged' or 'geared'. A relatively small market movement will have a proportionately larger impart impact on the funds you have deposited or will have to deposit: ; this may work against you as well as for you. You may sustain a total loss of the initial margin funds and any additional funds deposited with the firm to maintain your position. If the market moves against your position or margin levels are increased, you may be called upon to pay substantial additional funds on short notice in order to maintain your position. If you fail to comply with a request for additional funds within the time prescribedspecified time, your position may be liquidated at a loss and you will be liable for any resulting deficit in your account.

Appears in 2 contracts

Samples: Client Services Agreement, Client Services Agreement

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Futures and Leveraged Foreign Exchange Trading. (i) Effect Effects of ‘Leverage’ or ‘Gearing’ Transactions in futures and leveraged foreign exchange carry a high degree of risk. The amount of initial margin is small relative to the value of the futures contract or leveraged foreign exchange transaction so that the transaction is highly ‘leverage’ or leveraged’or ‘geared’. A relatively small market movement will have a proportionately larger impart impact on the funds you have deposited or will have to deposit: this may work against you as well as for you. You may sustain a total loss of initial margin funds and any additional funds deposited with the firm to maintain your position. If the market moves against your position or margin levels are increased, you may be called upon to pay substantial additional funds on short notice in order to maintain your position. If you fail to comply with a request for additional funds within the time prescribed, your position may be liquidated at a loss and you will may be liable for any resulting deficit in your account.

Appears in 1 contract

Samples: Customer Agreement

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