Common use of MARGIN AND DEPOSIT REQUIREMENTS Clause in Contracts

MARGIN AND DEPOSIT REQUIREMENTS. Client shall provide to and maintain with RJO margin in such amounts and in such forms as RJO, in its sole discretion, may require. RJO may change margin requirements at any time. Client agrees to deposit by immediate wire transfer such additional margin when and as required by RJO and will promptly meet all margin calls in such mode of transmission as RJO in its sole discretion designates. RJO at any time may proceed to liquidate Client’s account, and any failure by RJO to enforce its rights hereunder shall not be deemed a waiver by RJO to enforce its rights thereafter. No previous margin requirement by RJO shall preclude RJO from increasing such requirement without prior notice. RJO retains the right to limit the size and number of open FX positions that Client may acquire or maintain with RJO. RJO will execute all orders, which it may, in its sole discretion, choose to accept during Global Market Hours in accordance with the oral, written, or electronic instructions of Client. RJO reserves the right to refuse to accept any Client Order and does not assure the execution of any order of maintenance of any position outside Global Market Hours. RJO shall not be responsible for any loss or damage caused, directly or indirectly, by any events, actions or omissions beyond the control of RJO including, without limitation, loss or damage resulting, directly or indirectly, from any delays or inaccuracies in the transmission of orders and/or information due to a breakdown in or failure of any transmission or communication facilities.

Appears in 4 contracts

Samples: www.mcmtrader.com, www.mcmtrader.com, mcmtrader.com

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