Interactive Generally Will Not Issue Margin Calls Sample Clauses

Interactive Generally Will Not Issue Margin Calls. 1. Interactive has no obligation to notify Introducing Broker or Introducing Broker’s Customers of any failure to meet Margin Requirements in the Consolidated Account prior to Interactive exercising its rights and remedies under this Agreement Introducing Broker understands that Interactive generally will not issue margin calls, that Interactive generally will not credit the Account to meet intraday margin deficiencies; and that Interactive is authorized to liquidate positions (or add risk-reducing positions) in the Account in order to satisfy Margin Requirements without prior notice to Introducing Broker. 2. In performing risk management services for Introducing Broker in connection with the Sub- Accounts, Interactive has no obligation to notify Introducing Broker or Introducing Broker’s Customers (whose identities are unknown to Interactive) of any failure to meet the Sub-Account Risk Management Requirements. Interactive will not issue calls; Interactive generally will not credit the Sub-Account to meet deficiencies, and Interactive is authorized to liquidate positions in the Sub-Account (or add risk-reducing positions) in order to satisfy the Sub-Account Risk Management Requirements without prior notice to Introducing Broker or its Customers.
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