Common use of LEVERAGE DETERMINATION PROCEDURE Clause in Contracts

LEVERAGE DETERMINATION PROCEDURE. 3.1. Leverage – a ratio of the amount specified in the Client’s order for the underlying asset price fixing during the position opening to the amount of margin security – is set in the scale of 1:1 to 1:500 depending on the category of the Client, financial instrument type, and size of balance. Maximum size of leverage for Clients: category “client” - 1:100; category “qualified client” - 1:200; category “professional client” - 1:500.

Appears in 12 contracts

Samples: Client Agreement, Client Agreement, Client Agreement

AutoNDA by SimpleDocs

LEVERAGE DETERMINATION PROCEDURE. 3.1. Leverage – a ratio of the amount specified in the Client’s order for the underlying asset price fixing fix-ing during the position opening to the amount of margin security – is set in the scale of 1:1 to 1:500 depending on the category of the Client, financial instrument type, and size of balance. Maximum size of leverage for Clients: category “client” - 1:100; category “qualified client” - 1:200; category “professional client” - 1:500.

Appears in 1 contract

Samples: Client Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.