Common use of MARGIN REQUIREMENTS TO FILL ORDERS Clause in Contracts

MARGIN REQUIREMENTS TO FILL ORDERS. An Order which involves an instruction to us to open a Contract above a certain price will not ordinarily be filled unless at the time when the price reaches the relevant limit and your Account contains sufficient trading resources to cover the Initial Margin for the trade which is to be opened. We may, at our discretion, proceed to fill such an order notwithstanding that your Account has insufficient trading resources to cover the Initial Margin for the Contract to be opened. In these circumstances we reserve the right at any time after the opening of the Contract to require you to deposit cash in the amount of the Initial Margin for that Contract. Any such deposits will be payable as Margin in accordance with clause 10 of this Client Agreement. A failure to make payment in the time and manner required constitutes an Event of Default. We reserve the right to refuse to open a Contract in accordance with a Limit Order if:

MARGIN REQUIREMENTS TO FILL ORDERS. An Order which involves an instruction to us to open a Contract above a certain price will not ordinarily be filled unless at the time when the price reaches the relevant limit and your Account contains sufficient trading resources to cover the Initial Margin for the trade which is to be opened. We may, however, at our discretion, discretion proceed to fill such an order Order notwithstanding that your Account has insufficient trading resources to cover the Initial Margin for the Contract trade which is to be opened. In these such circumstances we reserve the right at any time after the opening of the Contract trade to require you to deposit cash in the amount of the required Initial Margin for that Contracttrade. Any such further cash deposits will be payable as Margin in accordance with clause the provisions of Clause 10 of this Client Agreement. A failure to make payment in the time and manner required constitutes will be an Event of Default. We reserve the right to refuse to open a Contract in accordance with a Limit Order if:

MARGIN REQUIREMENTS TO FILL ORDERS. ‌ An Order which involves an instruction to us to open a Contract above a certain price will not ordinarily be filled unless at the time when the price reaches the relevant limit and your Account contains sufficient trading resources to cover the Initial Margin for the trade which is to be opened. We may, at our discretion, proceed to fill such an order notwithstanding that your Account has insufficient trading resources to cover the Initial Margin for the Contract to be opened. In these circumstances we reserve the right at any time after the opening of the Contract to require you to deposit cash in the amount of the Initial Margin for that Contract. Any such deposits will be payable as Margin in accordance with clause 10 of this Client Agreement. A failure to make payment in the time and manner required constitutes an Event of Default. We reserve the right to refuse to open a Contract in accordance with a Limit Order if:

MARGIN REQUIREMENTS TO FILL ORDERS. An Order which involves an instruction to us to open a Contract above a certain price will not ordinarily be filled unless at the time when the price reaches the relevant limit and your Account contains sufficient trading resources Margin Cover to cover the Initial Margin for the trade which is to be opened. We may, at our discretion, proceed to fill such an order Order notwithstanding that your Account has insufficient trading resources Margin Cover to cover the Initial Margin for the Contract to be opened. In these circumstances we reserve the right at any time after the opening of the Contract to require you to deposit cash in the amount of the Initial Margin for that Contract. Any such deposits will be payable as Margin in accordance with clause 10 9 of this Client Agreement. A failure to make payment in the time and manner required constitutes an Event of Default. We reserve the right to refuse to open a Contract in accordance with a Limit Order if:

MARGIN REQUIREMENTS TO FILL ORDERS. An Order which involves an instruction to us to open a Contract above a certain price will not ordinarily be filled unless at the time when the price reaches the relevant limit and your Account contains sufficient trading resources Margin Cover to cover the Initial Margin for the trade which is to be opened. We may, at our discretion, proceed to fill such an order Order notwithstanding that your Account has insufficient trading resources Margin Cover to cover the Initial Margin for the Contract to be opened. In these circumstances we reserve the right at any time after the opening of the Contract to require you to deposit cash in the amount of the Initial Margin for that Contract. Any such deposits will be payable as Margin in accordance with clause 10 of this Client Agreement. A failure to make payment in the time and manner required constitutes an Event of Default. We reserve the right to refuse to open a Contract in accordance with a Limit Order if:

MARGIN REQUIREMENTS TO FILL ORDERS. An Order which involves an instruction to us to open a Contract above a certain price will not ordinarily ordi- narily be filled unless at the time when the price reaches the relevant limit and your Account contains sufficient trading resources to cover the Initial Margin for the trade which is to be opened. We may, at our discretion, proceed to fill such an order notwithstanding that your Account has insufficient trading resources to cover the Initial Margin for the Contract to be opened. In these circumstances we reserve the right at any time after the opening of the Contract to require you to deposit cash in the amount of the Initial Margin for that Contract. Any such deposits will be payable as Margin in accordance with clause 10 of this Client Agreement. A failure to make payment in the time and manner required constitutes an Event of Default. We reserve the right to refuse to open a Contract in accordance with a Limit Order if:

MARGIN REQUIREMENTS TO FILL ORDERS. Page33 An Order which involves an instruction to us to open a Contract above a certain price will not ordinarily be filled unless at the time when the price reaches the relevant limit and your Account contains sufficient trading resources to cover the Initial Margin for the trade which is to be opened. We may, at our discretion, proceed to fill such an order notwithstanding that your Account has insufficient trading resources to cover the Initial Margin for the Contract to be opened. In these circumstances we reserve the right at any time after the opening of the Contract to require you to deposit cash in the amount of the Initial Margin for that Contract. Any such deposits will be payable as Margin in accordance with clause 10 of this Client Agreement. A failure to make payment in the time and manner required constitutes an Event of Default. We reserve the right to refuse to open a Contract in accordance with a Limit Order if: