Common use of Margin Deposit Clause in Contracts

Margin Deposit. 15.1 Before creating an Order, VGP may in its absolute discretion require a Deposit (typicallybetween 0.01% and 100%) of the Order’s value in respect of any anticipated or existingOpen Positions which the Client has or will have with VGP. 15.2 Payment of the Deposit is treated by VGP as a part-payment for the Financial Product. When VGP accepts a Deposit the Client immediately receives Reciprocal Obligations under the Trade Contract Terms. The Deposit has purchased that Reciprocal Obligation and is not “client money”. 15.3 Payment of the specified Deposit may be made by electronic transfer or same day bank transfer to an account nominated by VGP. The method of payment must be agreed before the Order is entered into.

Margin Deposit. 15.1 Before creating an Order, VGP may in its absolute discretion require a Deposit (typicallybetween typically between 0.01% and 100%) of the Order’s value in respect of any anticipated or existingOpen existing Open Positions which the Client has or will have with VGP. 15.2 Payment of the Deposit is treated by VGP as a part-payment for the Financial Product. When VGP accepts a Deposit the Client immediately receives Reciprocal Obligations under the Trade Contract Terms. The Deposit has purchased that Reciprocal Obligation and is not “client money”. 15.3 Payment of the specified Deposit may be made by electronic transfer or same day bank transfer to an account nominated by VGP. The method of payment must be agreed before the Order is entered into.

Margin Deposit. 15.1 14.1 Before creating an Order, VGP may in its absolute discretion require a Deposit (typicallybetween typically between 0.01% and 100%) of the Order’s value in respect of any anticipated or existingOpen existing Open Positions which the Client has or will have with VGP. 15.2 14.2 Payment of the Deposit is treated by VGP as a part-payment for the Financial Product. When VGP accepts a Deposit the Client immediately receives Reciprocal Obligations under the Trade Contract Terms. The Deposit has purchased that Reciprocal Obligation and is not “client money”. 15.3 14.3 Payment of the specified Deposit may be made by electronic transfer or same day bank transfer to an account nominated by VGP. The method of payment must be agreed before the Order is entered into.