Initial Margin. Initial Margin is the amount debited from the Client account as soon as a new position is opened, or an order is placed to open a new position. This acts as a security buffer and protects us in the event of Client default. Typically, DTS LLC will require an Initial Margin calculated as a percentage of the contract value. The Initial Margin will vary depending on the Contact traded. The initial margin is determined at DTS LLC discretion mostly by the liquidity of the underlying asset on which the product is based. Once the Client is trading, the daily statement will show the Margin requirement for Total Margin Requirement i.e. combined Margins of all Contracts. DTS LLC advises the Initial Margin rates on the website and electronic trading platform. Initial Margin is debited from the Client Account at the time a Pending Order is executed if there is not sufficient equity the Pending Order will not be executed and will be deleted.
Appears in 1 contract
Samples: Client Services Agreement
Initial Margin. Initial Margin is the amount debited from the Client account as soon as a new position is opened, opened or an order is placed to open a new position. This acts as a security buffer and protects us in the event of Client default. Typically, DTS LLC Typically LCM will require an Initial Margin calculated as a percentage of the contract value. The Initial Margin will vary depending on the Contact traded. The initial margin is determined at DTS LLC LCM‟s discretion mostly by the liquidity of the underlying asset on which the product is based. Once the Client is trading, the daily statement will show the Margin requirement for Total Margin Requirement i.e. combined Margins of all Contracts. DTS LLC LCM advises the Initial Margin rates on the website and electronic trading platform. Initial Margin is debited from the Client Account at the the time a Pending Order is executed executed, if there is not sufficient equity the Pending Order will not be executed and will be deleted.
Appears in 1 contract
Samples: Client Services Agreement
Initial Margin. Initial Margin is the amount debited from the Client account as soon as a new position is opened, or an order is placed to open a new position. This acts as a security buffer and protects us in the event of Client default. Typically, DTS ATHERFX LLC will require an Initial Margin calculated as a percentage of the contract value. The Initial Margin will vary depending on the Contact traded. The initial margin is determined at DTS ATHERFX LLC discretion mostly by the liquidity of the underlying asset on which the product is based. Once the Client is trading, the daily statement will show the Margin requirement for Total Margin Requirement i.e. combined Margins of all Contracts. DTS ATHERFX LLC advises the Initial Margin rates on the website and electronic trading platform. Initial Margin is debited from the Client Account at the time a Pending Order is executed if there is not sufficient equity the Pending Order will not be executed and will be deleted.
Appears in 1 contract
Samples: Client Services Agreement
Initial Margin. Initial Margin is the amount debited from the Client account as soon as a new position is opened, opened or an order is placed to open a new position. This acts as a security buffer and protects us in the event of Client default. Typically, DTS LLC Typically Lucror will require an Initial Margin calculated as a percentage of the contract value. The Initial Margin will vary depending on the Contact traded. The initial margin is determined at DTS LLC Lucror’s discretion mostly by the liquidity of the underlying asset on which the product is based. Once the Client is trading, the daily statement will show the Margin requirement for Total Margin Requirement i.e. combined Margins of all Contracts. DTS LLC Lucror advises the Initial Margin rates on the website and electronic trading platform. Initial Margin is debited from the Client Account at the the time a Pending Order is executed executed, if there is not sufficient equity the Pending Order will not be executed and will be deleted.
Appears in 1 contract
Samples: General Terms and Conditions
Initial Margin. Initial Margin is the amount debited from the Client account as soon as a new position is opened, opened or an order is placed to open a new position. This acts as a security buffer and protects us in the event of Client default. Typically, DTS LLC Typically Fidelcrest will require an Initial Margin calculated as a percentage of the contract value. The Initial Margin will vary depending on the Contact traded. The initial margin is determined at DTS LLC Fidelcrest discretion mostly by the liquidity of the underlying asset on which the product is based. Once the Client is trading, the daily statement will show the Margin requirement for Total Margin Requirement i.e. combined Margins of all Contracts. DTS LLC Fidelcrest advises the Initial Margin rates on the website and electronic trading platform. Initial Margin is debited from the Client Account at the the time a Pending Order is executed executed, if there is not sufficient equity the Pending Order will not be executed and will be deleted.
Appears in 1 contract
Samples: Client Agreement