MARGIN WHILE POSITIONS OPEN Sample Clauses

MARGIN WHILE POSITIONS OPEN. In addition to the initial margin, you must have in respect of all open positions on your account margin calculated on the basis of the current contract price then being quoted and determined by us under Clauses 9.4 to 9.7 of this Agreement. The amount of margin on your account at any time will be determined as if such payments as are due under this Clause 10 were calculated and deducted from your account on an ongoing basis during the day and based on the current bid or offer contract price (as applicable).
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MARGIN WHILE POSITIONS OPEN. In addition to the Initial Margin, you must have in respect of all open positions on your Account Margin calculated on the basis of the current Contract Price then being quoted and determined by us under Clauses 9.4 to 9.7 (as applicable) of this Agreement. The amount of Margin on your Account at any time will be determined as if such payments as are due under this Clause 10 were calculated and deducted f rom your Account on an ongoing basis during the day and based on the current bid or offer Contract Price (as applicable). Australian retail clients must ensure that at all times the net equity of their account is more than 50% of the total initial margin or total margin required for all of their open positions on that account. Should that net equity fall below 50% Charterprime is required as soon as practicable to begin closing out some or all of the account’s positions to restore the net equity to more than 50%.

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