MARGIN TRADES Sample Clauses

MARGIN TRADES. 6.1 On the date of the opening of a Margin Trade between the Company and the Customer, the Company may require the Customer to have margin on the Account at least equivalent to the Company's initial margin requirement. 6.2 The Company’s margin requirement shall apply throughout the term of the Margin Trade. It is the Customer's responsibility continuously to ensure that sufficient margin is available on the Account at any time. If practicably possible the Company shall notify the Customer if the margin requirements are not met. If, at any time during the term of a Margin Trade, the margin available on the Account is not sufficient to cover the Company's margin requirement, the Customer is obliged to reduce the amount of open Margin Trades or transfer adequate funds to the Company. Even if the Customer takes steps to reduce the size of open Margin Trades or to transfer sufficient funds to the Company, the Company may close one, several or all of the Customer's Margin Trades or part of a Margin Trade and/or liquidate or sell securities or other property at the Customer's account at its sole discretion without assuming any responsibility towards the Customer for such action. 6.3 If the Company due to insufficient margin; Clause 6.2, may close one, several or all of the Customer's Margin Trades, the Customer shall expect, unless otherwise agreed and confirmed by the Company that all of the Customer's open Margin Trades will be closed. 6.4 If the Customer has opened more than one Account, the Company is entitled to transfer money or Security from one Account to another, even if such transfer will necessitate the closing of Margin Trades or other trades on the Account from which the transfer takes place. 6.5 The Company’s general margin requirements for different types of Margin Trades are displayed on the Company's web site. However, the Company reserves the right to determine specific margin requirements for individual Margin Trades. The specific margin trade requirements, shall be determined, during the sudden market fluctuations where the company changes the margins to protect the client from high risks, these changes shall be communicated immediately. 6.6 The Customer is specifically made aware that the margin requirements are subject to change without notice. When a Margin Trade has been opened, the Company is not allowed to close the Margin Trade at its discretion but only at the Customer's instruction or according to the Company's rights under this Agree...
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MARGIN TRADES. 8.1 On the date of the opening of a Margin Trade between Benor Capital Ltd and the Client, Benor Capital Ltd may require the Client to have margin on the Account at least equivalent to Benor Capital Ltd's initial margin requirement. 8.2 Benor Capital Ltd’s margin requirement shall apply throughout the term of the Margin Trade. It is the Client's responsibility continuously to ensure that sufficient margin is available on the Account at any time. If practicably possible Benor Capital Ltd shall notify the Client if the margin requirements are not met. If, at any time during the term of a Margin Trade, the margin available on the Account is not sufficient to cover Benor Capital Ltd's margin requirement, the Client is obliged to reduce the amount of open Margin Trades or transfer adequate funds to Benor Capital Ltd. Even if the Client takes steps to reduce the size of open Margin Trades or to transfer sufficient funds to Benor Capital Ltd, Benor Capital Ltd may close one, several or all of the Client's Margin Trades or part of a Margin Trade and/or liquidate or sell securities or other property at the Client's account at its sole discretion without assuming any responsibility towards the Client for such action. 8.3 If Benor Capital Ltd due to insufficient margin, cf. Clause 8.2, at Margin Level of 120% or less Benor Capital Ltd have the discretion to begin closing positions starting from the position with the highest loss (in absolute value), clients can only close their open positions and cannot open new positions. At Margin Level of 50% or less Benor Capital Ltd will automatically close positions at the current market price, starting with the trade requiring the highest margin for which the market is open. If the account Margin Level is still 50% or less the same procedure is repeated for the next applicable position. Positions will be closed until the Margin Level becomes greater than 50%. 8.4 For PAMM accounts (managed accounts), cf. Clause 8.2 is not applicable. Once the drawdown, unless stated otherwise, reaches 90% of the deposited amount, as displayed in the PAMM portal, Benor Capital Ltd will initiate the automatic closure of positions at the prevailing market price, and the account will be disconnected from the strategy. However, it's important to note that the specified percentage is applicable primarily under normal market conditions, given the inherent unpredictability of the markets. 8.5 If the Client has opened more than one Account, Benor Capit...
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MARGIN TRADES. 13.1. On the date of the opening of a Margin Trade between the Counterparty and you, the Counterparty will require you to have margin on the account held with the Counterparty in such amount confirmed to you by the Counterparty. Stockbroking and Portfolio Management (Pty) Ltd. Part of the FirstRand Group. An Authorised user of the Johannesburg Stock Exchange (JSE) and Financial Services Provider (Reg. No. 1996/011732/07). Page 10 of 17 13.2. The Counterparty’s margin requirement shall apply throughout the term of the Margin Trade. It is your responsibility continuously to ensure that sufficient margin is available on the account at any time. If practicably possible, FNB SPM shall notify you if the margin requirements are not met, via electronic communication (the “Notification”), if, at any time during the term of a Margin Trade, the margin available on the account is not sufficient to cover the Counterparty’s margin requirement as contemplated in 11.1. 13.3. You are obliged to reduce the amount of open Margin Trades or transfer adequate funds to the Counterparty within one (1) hour after the Notification has been sent. All payments in regards to a Notification must be paid as Real Time Clearing Payment. 13.4. The Counterparty may request additional margin as and when it deems it necessary on notification to you, which payment of the additional margin must be made by you immediately or by no later than the time at which the JSE market opens for trading on the day following such notification.
Sample 1
MARGIN TRADES. 8.1 On the date of the opening of a Margin Trade between Pacific Union Limited and the Client, Pacific Union Limited may require the Client to have margin on the Account at least equivalent to Pacific Union Limited’s initial margin requirement. 8.2 Pacific Union Limited’s margin requirement shall apply throughout the term of the Margin Trade. It is the Client's responsibility continuously to ensure that enough margin is available on the Account at any time. If practicably possible Pacific Union Limited shall notify the Client if the margin requirements are not met. If, at any time during the term of a Margin Trade, the margin available on the Account is not sufficient to cover Pacific Union Limited’s margin requirement, the Client is obliged to reduce the amount of open Margin Trades or transfer adequate funds to Pacific Union Limited. Even if the Client takes steps to reduce the size of open Margin Trades or to transfer sufficient funds to Pacific Union Limited, Pacific Union Limited may close one, several or all of the Client's Margin Trades or part of a Margin Trade and/or liquidate or sell securities or other property at the Client's account at its sole discretion without assuming any responsibility towards the Client for such action. 8.3 If Pacific Union Limited due to insufficient margin, cf. Clause 8.2, may close one, several or all of the Client's Margin Trades, the Client shall expect, unless otherwise agreed and confirmed by Pacific Union Limited that all of the Client's open Margin Trades will be closed. 8.4 If the Client has opened more than one Account, Pacific Union Limited is entitled to transfer money or Security from one Account to another, even if such transfer will necessitate the closing of Margin Trades or other trades on the Account from which the transfer takes place. 8.5 Pacific Union Limited’s general margin requirements for different types of Margin Trades are displayed on Pacific Union Limited’s web site. However, Pacific Union Limited reserves the right to determine specific margin requirements for individual Margin Trades. 8.6 The Client is specifically made aware that the margin requirements are subject to change without notice. When a Margin Trade has been opened, Pacific Union Limited is not allowed to close the Margin Trade at its discretion but only at the Client's instruction or according to Pacific Union Limited’s rights under this Agreement. However, Pacific Union Limited will increase the margin requirements if Pacific...
Sample 1
MARGIN TRADES. You agree to maintain in your Anycoin Account a sufficient amount of Funds to meet any minimum balance requirements imposed by Anycoin for users to engage in margin trades. You acknowledge that if you do not have sufficient Funds to meet such minimum balance requirements, that Anycoin may automatically close some or all of your open positions without notice. Anycoin may modify such minimum balance requirements from time to time, in its sole discretion. If your margin account balance becomes negative, you agree to pay the amount of Funds owed to Anycoin within 48 hours. You may not trade on a negative margin xxxxxxx.Xxx acknowledge and agree that you have read our Margin Disclosure Statement and understand the risks involved with margin trades.
Sample 1
MARGIN TRADES. 8.1. On the date of the opening of a Margin Trade between EVM PRIME and the Client, EVM PRIME may require the Client to have margin on the Account at least equivalent to EVM PRIME's initial margin requirement.
Sample 1
MARGIN TRADES. 14.1. On the date of the opening of a Margin Trade between FNBS and you, FNBS will require you to have Margin on the account at least equivalent to FNBS’ Initial Margin requirement. 14.2. FNBS’ Margin requirement shall apply throughout the term of the Margin Trade. It is your responsibility continuously to ensure that sufficient Margin is available on the account at any time. If practicably possible FNBS shall notify you if the Margin requirements are not met, via electronic communication (the “Notification”), if, at any time during the term of a Margin Trade, the Margin available on the account is not sufficient to cover FNBS’ Margin requirement as contemplated in 11.1. 14.3. You are obliged to reduce the amount of open Margin Trades or transfer adequate funds to FNBS within one (1) hour after the Notification has been sent. All payments in regards to a Notification must be paid as Real Time Clearing Payment. 14.4. FNBS may request Additional Margin as and when it deems it necessary on notification to you, which payment of the Additional Margin must be made by you immediately or by no later than the time at which the JSE market opens for trading on the day following such notification. 14.5. FNBS’ general Margin requirements are displayed on its Website. However, FNBS reserves the right to amend the Margins from time to time based on any changes to the underlying relevant securities or to a Client’s risk profile. 14.6. When a Margin Trade has been opened, FNBS is only allowed to close the Margin Trade according to FNBS’ rights under these Terms and Conditions.
Sample 1
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MARGIN TRADES. 8.1 On the date of the opening of a Margin Trade between Tickmill Asia Ltd and the Client, Tickmill Asia Ltd may require the Client to have margin on the Account at least equivalent to Tickmill Asia Ltd's initial margin requirement. 8.2 Tickmill Asia Ltd’s margin requirement shall apply throughout the term of the Margin Trade. It is the Client's responsibility continuously to ensure that sufficient margin is available on the Account at any time. If practicably possible Tickmill Asia Ltd shall notify the Client if the margin requirements are not met. If, at any time during the term of a Margin Trade, the margin available on the Account is not sufficient to cover Tickmill Asia Ltd's margin requirement, the Client is obliged to reduce the amount of open Margin Trades or transfer adequate funds to Tickmill Asia Ltd. Even if the Client takes steps to reduce the size of open Margin Trades or to transfer sufficient funds to Tickmill Asia Ltd, Tickmill Asia Ltd may close one, several or all of the Client's Margin Trades or part of a Margin Trade and/or liquidate or sell securities or other property at the Client's account at its sole discretion without assuming any responsibility towards the Client for such action. 8.3 If Tickmill Asia Ltd due to insufficient margin, cf. Clause 8.2, may close one, several or all of the Client's Margin Trades, the Client shall expect, unless otherwise agreed and confirmed by Tickmill Asia Ltd that all of the Client's open Margin Trades will be closed. 8.4 The Client understands and agrees that Tickmill Asia Ltd may optimize a “Dynamic Leverage” tool to adjust the client’s leverage. “Dynamic Leverage”, is a mechanism that’s used to adapt the amount of leverage based on Client’s specific trade position. The amount of leverage for Cient’s trade is based on the leverage ratio, that being 1:500. This measures the total exposure compared to the capital needed, also known as a margin. The Client understands and agrees that dynamic leverage, automatically adjusts depending on the notional volume of Client’s trade. Thus, the higher the volume of Client’s trade, the lower the leveraged amount – and vice versa. The Client understands and agrees that the higher amounts of leverage create more risk for the Client and may also result in larger profits but also larger losses, if not all loss on invested amount(s), as such Client accepts the high risk related to trading with high leverage, including the acceptance that dynamic leverage may automat...
Sample 1
MARGIN TRADES. 1. On the date of the opening of a Margin Trade between the Company and the Trader, the Com- pany may require the Trader to have margin in the Account at least equivalent to the Company’s Ini- tial margin requirement. 2. The Company’s margin requirement shall apply throughout the term of the Margin Trade. It is the Trader’s responsibility to ensure that sufficient margin is available in the Account at anytime. 3. If the Trader has opened more than one Ac- count, the Company is entitled to transfer money or Collateral from one Account to another, even if such transfer will necessitate the closing of Mar- gin Trades on the Account from which the trans- fer takes place. 4. The Company’s general margin require- ments for different types of Margin Trades are dis- 5. The Trader is specifically made aware that the margin requirements are subject to change without notice. When a Margin Trade has been opened, the Company is not allowed to close the Margin Trade at its discretion but only at the Trader’s instruction or according to the Com- pany’s rights under the Agreement.
Sample 1

Related to MARGIN TRADES

  • Certain Trading Activities Other than with respect to the transactions contemplated herein, since the earlier to occur of (i) the time that such Purchaser was first contacted by the Borrowers or any other Person regarding the transactions contemplated hereby and (ii) the tenth day prior to the date of this Agreement, neither the Purchaser nor any Affiliate of such Purchaser which (x) had knowledge of the transactions contemplated hereby, (y) has or shares discretion relating to such Purchaser’s investments or trading or information concerning such Purchaser’s investments, including in respect of the Notes, and (z) is subject to such Purchaser’s review or input concerning such Affiliate’s investments or trading (collectively, “Trading Affiliates”) has directly or indirectly, nor has any Person acting on behalf of or pursuant to any understanding with such Purchaser or Trading Affiliate, effected or agreed to effect any transactions in the securities of the Borrowers (including, without limitation, any Short Sales involving the Borrowers’ securities). Notwithstanding the foregoing, in the case of a Purchaser and/or Trading Affiliate that is, individually or collectively, a multi-managed investment vehicle whereby separate portfolio managers manage separate portions of such Purchaser’s or Trading Affiliate’s assets and the portfolio managers have no direct knowledge of the investment decisions made by the portfolio managers managing other portions of such Purchaser’s or Trading Affiliate’s assets, the representation set forth above shall apply only with respect to the portion of assets managed by the portfolio manager that have knowledge about the financing transaction contemplated by this Agreement. Other than to other Persons party to this Agreement, disclosures to potential co-investors or as otherwise consented to by the Borrowers, such Purchaser has maintained the confidentiality of all disclosures made to it in connection with this transaction (including the existence and terms of this transaction).

  • Shift Trades 6.16.01 Employees may arrange for another employee to work their shift subject to the Manager's approval, consistent with the following: 6.16.01.01 Other than in exceptional circumstances, advice of the trade will be provided to the Manager in writing, in advance, and will be signed by the employees involved. 6.16.01.02 The employee who works a traded shift will be paid for the time worked at his/her rate of pay. 6.16.01.03 Overtime worked prior to or following a traded shift and premium credits on a holiday, in accordance with Article 7.03 and Article 13 respectively, will be credited to the employee who worked the shift as though the shift had been the employee's scheduled shift. 6.16.01.04 All recall credits will be credited to the employee who is recalled. 6.16.01.05 All time debits will be deducted from the employee who agreed to work the shift. 6.16.01.06 Company sick leave provisions will apply to the employee who agreed to work the shift and only to the amount provided for in such regulations. All time not worked in excess of one (1) full shift during a work day shall be debited in accordance with Article 6.16.01.05. 6.16.01.07 Shift trades may only be arranged between employees working in the same location except that, at locations with thirty (30) or less full-time employees, shift trades may be arranged by employees at these locations with employees at other locations within the same base and classification. Such shift trades may be granted subject to the employees concerned being qualified to perform the work function of the other party. 6.16.01.08 An employee's ability to trade shifts is not intended to allow employees to be absent from the work place for extended periods of time nor to take alternate employment. 6.16.01.09 Partial shift trades are permitted provided that no shift is split into more than two (2) parts. No more than two (2) employees may cover a single shift. Partial 6.16.01.10 It will be the sole responsibility of the employees to ensure that the introduction of partial shift trades has absolutely no adverse operational and customer service impact. 6.16.01.11 Under no circumstances shall an employee be allowed to leave his/her assigned duties or work area until their task is completed. His/her “shift trade partner” must be present and ready to take over their next assignment. This transition needs to be seamless to the customer. 6.16.01.12 There will not be additional meal or rest periods assigned to a shift subject to a partial shift trade. Meal and rest periods will be taken as scheduled. 6.16.01.13 A minimum of one (1) hour must be worked by one of the employees involved with a partial shift trade. 6.16.01.14 Any violation of the terms set out herein will result in the immediate suspension of the “partial shift trade privileges” for the employee. Such a measure will be deemed to be of an administrative nature and will not be grievable under any circumstances except as provided below. 6.16.01.15 Notwithstanding the above, the Union may file a grievance only to allege that the violation for which the partial shift trade privileges were revoked did not occur. The Union will bear the onus of the burden of proof in such circumstances. 6.16.01.16 Rules governing such other matters as deadlines for, and approval of, partial shift trade requests will be adopted locally.

  • Certain Transactions The Warrant Agent, and its officers, directors and employees, may become the owner of, or acquire any interest in, Warrants, with the same rights that it or they would have if it were not the Warrant Agent hereunder, and, to the extent permitted by applicable law, it or they may engage or be interested in any financial or other transaction with the Company and may act on, or as depositary, trustee or agent for, any committee or body of holders of Warrant Securities or other obligations of the Company as freely as if it were not the Warrant Agent hereunder. Nothing in this Warrant Agreement shall be deemed to prevent the Warrant Agent from acting as trustee under any indenture to which the Company is a party.

  • Open Market Purchases Failure of the Contractor to Perform within the time specified in the Contract, or failure to replace rejected or substandard Goods or fulfill unperformed Services when so requested and as the Contract provides or allows, constitutes a breach of the Contract and as a remedy for such breach, such failure shall constitute authority for DAS, if it deems it to be necessary or appropriate in its sole discretion, to Terminate the Contract and/or to purchase on the open market, Goods or Services to replace those which have been rejected, not delivered, or not Performed. The Client Agency shall invoice the Contractor for all such purchases to the extent that they exceed the costs and expenses in Exhibit B and the Contractor shall pay the Client Agency’s invoice immediately after receiving the invoice. If DAS does not Terminate the Contract, the Client Agency will deduct such open market purchases from the Contract quantities. However, if the Client Agency deems it to be in the best interest of the State, the Client Agency may accept and use the Goods or Services delivered which are substandard in quality, subject to an adjustment in price to be determined by the Client Agency.

  • Rejected Commodities When a Customer rejects a commodity, Contractor will remove the commodity from the premises within ten (10) calendar days after notification of rejection, and the risk of loss will remain with the Contractor. Commodities not removed by the Contractor within ten

  • Foreign Transactions Visa. Purchases and cash withdrawals made in foreign currencies will be debited from your account in U.S. dollars. The exchange rate between the transaction currency and the billing currency used for processing international transactions is a rate selected by Visa from a range of rates available in wholesale currency markets for the applicable central processing date, which rate may vary from the rate Visa itself receives or the government-mandated rate in effect for the applicable central processing date. The exchange rate used on the processing date may differ from the rate that would have been used on the purchase date or cardholder statement posting date.

  • Trading Subject to the terms and conditions of this Agreement, Nationwide shall be appointed to, and agrees to act, as a limited agent of the Company for the sole purpose of receiving instructions from duly authorized parties for the purchase and redemption of Fund shares prior to the close of regular trading each Business Day. A "

  • Trading Activities Neither the Buyer nor its affiliates has an open short position in the common stock of the Company and the Buyer agrees that it shall not, and that it will cause its affiliates not to, engage in any short sales of or hedging transactions with respect to the common stock of the Company.

  • Open Market Transactions We agree to abide by Regulation M under the Exchange Act and we agree not to bid for, purchase, attempt to purchase, or sell, directly or indirectly, any Securities, any other Reference Securities (as defined in Regulation M) of the issuer, or any other securities of such issuer as you may designate, except as brokers pursuant to unsolicited orders and as otherwise provided in this Agreement. If the Securities are common stock or securities convertible into common stock, we agree not to effect, or attempt to induce others to effect, directly or indirectly, any transactions in or relating to any stock of such issuer, except to the extent permitted by Rule 101 of Regulation M under the Exchange Act.

  • Information Exchange As soon as reasonably practicable after the Effective Date, the Parties shall exchange information regarding the design and compatibility of the Interconnection Customer’s Interconnection Facilities and Participating TO’s Interconnection Facilities and compatibility of the Interconnection Facilities with the Participating TO’s Transmission System, and shall work diligently and in good faith to make any necessary design changes.

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