Common use of Margin Requirement Clause in Contracts

Margin Requirement. You agree to deposit and maintain in your Account sufficient funds to meet OANDA’s Margin Requirement. You acknowledge that not having sufficient funds to meet OANDA’s Margin Requirement could result in a Margin Closeout. You agree to monitor the funds in your account and ensure there are sufficient funds to meet OANDA’s Margin Requirement. Nothing in this Agreement shall be taken to mean that OANDA is required to provide you with time to respond prior to a Margin Closeout when in its sole discretion OANDA deems it necessary to take immediate action. In the event of a Margin Closeout OANDA may close all of your Open Positions.

Appears in 6 contracts

Samples: Oanda Corporation Customer Agreement, www.oanda.com, fxtrade.oanda.com

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Margin Requirement. You agree to deposit and maintain in your Account sufficient funds to meet OANDA’s Margin Requirement. You acknowledge that not without having sufficient funds to meet OANDA’s Margin Requirement could result in a Margin Closeout. You agree to monitor the funds in your account Account and ensure there are sufficient funds to meet OANDA’s Margin Requirement. Nothing in this Agreement shall be taken to mean that OANDA is required to provide you with time to respond prior to a Margin Closeout Closeout, when in its sole discretion OANDA deems it necessary to take immediate action. In the event of a Margin Closeout OANDA may close all of your Open Positions.

Appears in 5 contracts

Samples: Customer Agreement, www.oanda.com, www.oanda.com

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