Common use of Margin for OTC Metal Futures Clause in Contracts

Margin for OTC Metal Futures. OTC Metal Futures are subject to the IBIE Margin Policies described in this Agreement. Margin Requirements for OTC Metal Futures will be calculated based on risk models utilised in IBIE's sole discretion. Further information is available on the IBIE website. IBIE may modify Margin Requirements for contracts on any underlying Metal or all underlying Metals for any open or new positions at any time, in IBIE's sole discretion. The Client shall monitor their account so that at all times (including intra-day) the account contains sufficient equity to meet Margin Requirements. IBIE generally will not issue margin calls and generally will not allow any grace period in the Client's account for the Client to meet intraday or other margin deficiencies. IBIE is authorised to liquidate OTC Metal Futures and other account positions immediately in order to satisfy Margin Requirements without prior notice.

Appears in 6 contracts

Samples: Customer Agreement, Customer Agreement, Customer Agreement

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Margin for OTC Metal Futures. OTC Metal Futures are subject to the IBIE IBLUX Margin Policies described in this Agreement. Margin Requirements for OTC Metal Futures will be calculated based on risk models utilised in IBIE's IBLUX’s sole discretion. Further information is available on the IBIE IBLUX website. IBIE IBLUX may modify Margin Requirements for contracts on any underlying Metal or all underlying Metals for any open or new positions at any time, in IBIE's IBLUX’s sole discretion. The Client shall monitor their account so that at all times (including intra-day) the account contains sufficient equity to meet Margin Requirements. IBIE IBLUX generally will not issue margin calls and generally will not allow any grace period in the Client's ’s account for the Client to meet intraday or other margin deficiencies. IBIE IBLUX is authorised to liquidate OTC Metal Futures and other account positions immediately in order to satisfy Margin Requirements without prior notice.

Appears in 1 contract

Samples: Customer Agreement

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