Common use of Initial Margin Clause in Contracts

Initial Margin. Broker shall be responsible for the initial margin requirement for any transaction until such initial margin has been received by Pershing in acceptable form.

Appears in 10 contracts

Samples: Fully Disclosed Clearing Agreement (Gleacher & Company, Inc.), Fully Disclosed Clearing Agreement (Southern Trust Securities Holding Corp), Fully Disclosed Clearing Agreement (Broadpoint Securities Group, Inc.)

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Initial Margin. Broker shall be responsible for the initial margin -------------- requirement for any transaction until such initial margin has been received by Pershing in acceptable form. Pershing shall be responsible for notifying Broker for any margin due in a customer's account.

Appears in 1 contract

Samples: Fully Disclosed Clearing Agreement (Ziegler Companies Inc)

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Initial Margin. Broker shall be responsible for the initial margin requirement for any transaction until such initial margin has been received by Pershing Pershing, in acceptable form.

Appears in 1 contract

Samples: Fully Disclosed Clearing Agreement (Pinnacle Global Group Inc)

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