Margin Close-Out Level Sample Clauses

Margin Close-Out Level. FIX Account: Where the Client fails to provide Margin in clear funds received by the Company by the time at which the Client’s Margin Level reaches 0% (“Close out Level”), the Company has the right to close out all Client’s positions in his/her trading account, in relation to the Transactions for which the Client have failed to provide Xxxxxx. Floating account: Where the Client fails to provide Margin in clear funds received by the Company by the time at which the Client’s Margin Level reaches 25% (“Close Out Level”), the Company have the right to begin closing out the Client’s positions in his/her trading account, in relation to the Transactions for which the Client have failed to provide Xxxxxx, starting from the most recent position ('Last In, First Out - LIFO'). Where the Margin Level drops below 50%, 25% or 0% depend on the Client’s account type, the Company will proceed with close out without further reference to the Client. There will be no further warning before close-out. Any such closing out under this Clause shall be performed in compliance with the Company’s duty of best execution to the Clients, in accordance with the Company’s Order Execution Policy.
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Margin Close-Out Level. 5.1. If the Margin Level for your Account reaches or falls below the Margin Close Out Level, this will be classified as an Event of Default under clause 15. In such circumstances we may, among other things, (i) close all or any of your Open Positions immediately and without notice, and/or (ii) refuse to execute new Trades until your Margin Level exceeds the Margin Close Out Level. It is your responsibility to monitor your Account(s) at all times and to maintain your Margin Level above the Margin Close Out Level. We will close your Open Positions at Our Price prevailing at the time when your Open Positions are closed.
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Margin Close-Out Level. 11.1. It is your responsibility to monitor your Account(s) at all times and to maintain your Margin Requirement. If the Margin Level for your Account reaches or falls below the Margin Close Out Level, this will be classified as an Event of Default under clause 17. In such circumstances we may, among other things, close all or any of your Open Positions immediately and without notice and refuse to execute new Trades until your Margin Level is 100% or greater. We will close your Open Positions at Our Price prevailing at the time when your Open Positions are closed.
Sample 1Sample 2Sample 3
Margin Close-Out Level. 5.1. If the Margin Level for your Account reaches or falls below the Margin Close Out Level, this will be classified as an Event of Default under clause 15. In such circumstances we may, among other things, (i) close all or any of your Open Positions immediately and without notice, and/or (ii) refuse to execute new Trades until your Margin Level exceeds the Margin Close Out Level. It is your responsibility to monitor your Account(s) at all times and to maintain your Margin Level above the Margin Close Out Level. We will close your Open Positions at Our Price prevailing at the time when your Open Positions are closed. 5.2. The Margin Close Out Level applicable to your Account will be equal to the Margin Requirement applicable to your Account unless we alter your Margin Close Out Level. We may alter the Margin Close Out Level applicable to your Account at any time without any prior notice.
Sample 1

Related to Margin Close-Out Level

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