Common use of Liability for margin calls Clause in Contracts

Liability for margin calls. The Client is responsible for payment of margin calls, deposits and other security as requested by SMFX and the following is drawn to the Client’s attention: • Liability to pay an initial margin accrues at the time of the trade or deal is executed regardless of when a call is made. Liability to pay a variation margin accrues at the time the margin comes into existence, regardless of when a call is made. • Client liability is the total of all margin calculation provisions. • Should SMFX make a margin call the Client is required to deposit funds intotheir account within 24 hours or the Account will be taken to be in default. In some circumstances, SMFX may require payment within shorter time frames, (eg in times of increased market volatility) and payment will need to be made within these time frames in order to meet margin requirements. • We will make all reasonable attempts to contact Clients by their preferred method of communication. SMFX are under no obligation to contact Clients. Where the market moves quickly or open positions are moving, we reserve the right to close out such positions under this Agreement without making any margin demand or any contact with the Client. Failure to meet margin call requirements may mean that we limit or close out positions in accordance with the terms of this Agreement. It is the Client’s sole responsibility, 24 hours a day, to monitor their own positions and maintain the required margin. • Any reduction in the application of Limited Hours trading means that open positions will be marked to market after close of trading and Client margin requirements will vary accordingly. If Clients do not wish to accept this additional risk, any affected Contracts may be closed out at any time after notice of such reduction has been given.

Liability for margin calls. The Client is responsible for payment of margin calls, deposits and other security as requested by SMFX SPFX and the following is drawn to the Client’s attention: • Liability to pay an initial margin accrues at the time of the trade or deal is executed regardless of when a call is made. Liability to pay a variation margin accrues at the time the margin comes into existence, regardless of when a call is made. • Client liability is the total of all margin calculation provisions. • Should SMFX SPFX make a margin call the Client is required to deposit funds intotheir account within 24 hours or the Account will be taken to be in default. In some circumstances, SMFX SPFX may require payment within shorter time frames, (eg in times of increased market volatility) and payment will need to be made within these time frames in order to meet margin requirements. • We will make all reasonable attempts to contact Clients by their preferred method of communication. SMFX SPFX are under no obligation to contact Clients. Where the market moves quickly or open positions are moving, we reserve the right to close out such positions under this Agreement without making any margin demand or any contact with the Client. Failure to meet margin call requirements may mean that we limit or close out positions in accordance with the terms of this Agreement. It is the Client’s sole responsibility, 24 hours a day, to monitor their own positions and maintain the required margin. • Any reduction in the application of Limited Hours trading means that open positions will be marked to market after close of trading and Client margin requirements will vary accordingly. If Clients do not wish to accept this additional risk, any affected Contracts may be closed out at any time after notice of such reduction has been given.

Liability for margin calls. The Client is responsible for payment of margin calls, deposits and other security as requested by SMFX LCM and the following is drawn to the Client’s Client‟s attention: •  Liability to pay an initial margin accrues at the time of the trade or deal is executed regardless of when a call is made. Liability to pay a variation margin accrues at the time the margin comes into existence, regardless of when a call is made. •  Client liability is the total of all margin calculation provisions. •  Should SMFX LCM make a margin call the Client is required to deposit funds intotheir into their account within 24 hours or the Account will be taken to be in default. In some circumstances, SMFX LCM may require payment within shorter time frames, (eg in times of increased market volatility) and payment will need to be made within these time frames in order to meet margin requirements. •  We will make all reasonable attempts to contact Clients by their preferred method of communication. SMFX LCM are under no obligation to contact Clients. Where the market moves quickly or open positions are moving, we reserve the right to close out such positions under this Agreement without making any margin demand or any contact with the Client. Failure to meet margin call requirements may mean that we limit or close out positions in accordance with the terms of this Agreement. It is the Client’s Client‟s sole responsibility, 24 hours a day, to monitor their own positions and maintain the required margin. •  Any reduction in the application of Limited Hours trading means that open positions will be marked to market after close of trading and Client margin requirements will vary accordingly. If Clients do not wish to accept this additional risk, any affected Contracts may be closed out at any time after notice of such reduction has been given.

Liability for margin calls. The Client is responsible for payment of margin calls, deposits and other security as requested by SMFX Fidelcrest and the following is drawn to the Client’s attention: • Liability to pay an initial margin accrues at the time of the trade or deal is executed regardless of when a call is made. Liability to pay a variation margin accrues at the time the margin comes into existence, regardless of when a call is made. • Client liability is the total of all margin calculation provisions. • Should SMFX Fidelcrest make a margin call the Client is required to deposit funds intotheir into their account within 24 hours or the Account will be taken to be in default. In some circumstances, SMFX Fidelcrest may require payment within shorter time frames, (eg e.g. in times of increased market volatility) and payment will need to be made within these time frames in order to meet margin requirements. • We will make all reasonable attempts to contact Clients by their preferred method of communication. SMFX are Fidelcrest is under no obligation to contact Clients. Where the market moves quickly or open positions are moving, we reserve the right to close out such positions under this Agreement without making any margin demand or any contact with the Client. Failure to meet margin call requirements may mean that we limit or close out positions in accordance with the terms of this Agreement. It is the Client’s sole responsibility, 24 hours a day, to monitor their own positions and maintain the required margin. • Any reduction in the application of Limited Hours trading means that open positions will be marked to market after close of trading and Client margin requirements will vary accordingly. If Clients do not wish to accept this additional risk, any affected Contracts may be closed out at any time after notice of such reduction has been given.