Common use of Margin and Short Selling Clause in Contracts

Margin and Short Selling. The provisions governing margin will apply if you open a margin account and the provisions governing short selling will apply when you engage in short sales. The ability to receive margin credit and engage in short sales is at all times subject to our approval. You acknowledge and understand that when you trade on margin or engage in a short sale, you are borrowing from us and agree to the terms of the Margin and Short Sale Supplement attached as Exhibit 4.

Appears in 4 contracts

Samples: Customer Agreement, Customer Agreement, Customer Agreement

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Margin and Short Selling. The provisions governing margin will apply if you open a margin account and the provisions governing short selling will apply when you engage in short sales. The ability to receive margin credit and engage in short sales is at all times subject to our approval. You acknowledge and understand that when you trade on margin or engage in a short sale, you are borrowing from us and agree to the terms of the Margin and Short Sale Supplement attached as Exhibit 43.

Appears in 2 contracts

Samples: Customer Agreement, Customer Agreement

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