Common use of Margin Or Additional Margin Requirements Or Demands For Variation Adjustment Clause in Contracts

Margin Or Additional Margin Requirements Or Demands For Variation Adjustment. 14.1 You agree to provide to and maintain with Galaxy International Securities and/or Galaxy International Futures such margin together with such guarantees and other security in such form and amount and on such terms as Galaxy International Securities and/or Galaxy International Futures may in its absolute discretion require from time to time. Such margin requirements established by Galaxy International Securities and/or Galaxy International Futures may exceed any margin requirements prescribed by any Exchange or Clearing house or broker. Galaxy International Securities and/or Galaxy International Futures may change margin requirement in its sole discretion and at any time without prior to the Client. If Galaxy International Securities and/or Galaxy International Futures determines that additional margin is required, the Client agrees to deposit with Galaxy International Securities and/or Galaxy International Futures such additional margin forthwith upon demand.