Common use of Initial Margin Requirement Clause in Contracts

Initial Margin Requirement. AFEX may, in its sole discretion, require Client: (i) to provide Initial Margin in relation to any Forward Contract within twenty-four (24) hours of Client’s instructions to enter into an Forward Contract; and/or (ii) to provide Initial Margin, if not already provided, within one (1) clear Business Day at any time during the term of an Forward Contract.

Initial Margin Requirement. AFEX may, in its sole discretion, require Client: (i) to provide Initial Margin in relation to any Option Contract or Forward Contract within twenty-four (24) hours of Client’s instructions to enter into an Option Contract or Forward Contract; and/or (ii) to provide Initial Margin, if not already provided, within one (1) clear Business Day at any time during the term of an Option Contract or Forward Contract.

Initial Margin Requirement. AFEX may, in its sole discretion, require Client: (i) to provide Initial Margin in relation to any Forward Contract within twenty-four (24) hours of Client’s instructions to enter into an a Forward Contract; and/or (ii) to provide Initial Margin, if not already provided, within one (1) clear Business Day at any time during the term of an a Forward Contract.