Common use of IBIE will not Issue Margin Calls Clause in Contracts

IBIE will not Issue Margin Calls. IBIE does not have to notify the Client of any failure to meet Margin Requirements prior to IBIE exercising its rights under this Agreement, including but not limited to its right to liquidate positions in Client's account(s). Unlike the practice of some other brokers and dealers who allow intraday or overnight or multi-day "grace periods" for margin compliance, the Client acknowledges that IBIE generally will not issue margin calls and will not allow a grace period in the Client's account for the Client to meet intraday or other margin deficiencies. The client further acknowledges that it is authorised to liquidate account positions immediately in order to satisfy Margin Requirements without prior notice.