Common use of GUARANTEE DEPOSIT Clause in Contracts

GUARANTEE DEPOSIT. 2.1. The guarantee deposit constitutes the cash and financial instruments in the accounts of the Client at BenchMark Finance. The guarantee deposit serves to cover the risk of potential losses from currency and price differences realised as a result of transactions concluded at the expense of the Client. The Client can conclude transactions if the balance in the account at BenchMark Finance is enough to maintain the already opened positions (if there are any) and for new positions which the Client wishes to create.