Initial Margin. Upon placing a trade that creates an open position you are required to pay us, or have in your account, the margin for that trade as calculated by us (“initial margin”). This initial margin is calculated as follows: At the time of opening the position, you must have margin in your account at least equivalent to: a. In the case of index, bullion and index future CFDs; b. In the case of a commodity CFD:
Appears in 3 contracts
Samples: Client Agreement, Client Agreement, Client Agreement
Initial Margin. Upon placing a trade that creates an open position you are required to pay us, or have in your account, the margin for that trade as calculated by us (“initial margin”). This initial margin is calculated as follows: . At the time of opening the position, you must have margin in your account at least equivalent to:
a. In the case of index, bullion and index future CFDs;
b. In the case of a commodity CFD:
Appears in 1 contract
Samples: Client Agreement
