Common use of Futures Margin Clause in Contracts

Futures Margin. 3.1 The Client hereby agrees to maintain Futures Margin as required by HKFE and meet immediately on demand all Futures Margin calls and/or demands for Variation Adjustment and provide Evergrande Futures (Hong Kong) with such guarantees and other security in such amount or form and within such time and on such terms as Evergrande Futures (Hong Kong) may from time to time designate in relation to the future account. The Client acknowledges and agrees that Evergrande Futures (Hong Kong) may be required to report to HKFE and the SFC of all open positions in respect of which two successive Futures Margin calls and/or demands for Variation Adjustment are not met within the period specified by Evergrande Futures (Hong Kong) from time to time and notified to the Client. Evergrande Futures (Hong Kong) may require additional Futures Margin or Variation Adjustment other than that specified by HKFE and/or the Clearing House.