MARGINS AND DEPOSIT REQUIREMENTS. Customers shall provide to and maintain with Xxxxx Markets margin in such amounts and in such forms as Xxxxx Markets, in its sole discretion, may require. Such margin requirements may be greater or less than the margins required by a counterparty bank. Xxxxx Markets may change margin requirements at any time. The customer agrees to deposit by immediate wire transfer, or other payment methods acceptable to Xxxxx Markets, such additional margin when and as required by Xxxxx Markets and will promptly meet all margin calls in such mode of transmission as Xxxxx Markets in its sole discretion designates. Xxxxx Markets may at any time proceed to liquidate Customer’s account and any failure by Xxxxx Markets to enforce its rights hereunder shall not be deemed a waiver by Xxxxx Markets to enforce its rights thereafter. Xxxxx Markets retains the right to limit the amount and/or the total number of open positions that Customer may acquire or maintain at Xxxxx Markets, and to increase margin requirements in advance of earnings or other news or events, with or without notice, either before such events or retroactively or at any other time that it deems at its sole discretion. Xxxxx Markets will attempt to execute all orders which it may, in its sole discretion, choose to accept in accordance with the oral or written, or computer instructions of Customer. Xxxxx Markets reserves the right to refuse to accept any order. Terms of Business However, Xxxxx Markets shall not be responsible for any loss or damage caused, directly or indirectly, by any events, actions, or omissions beyond the control of Xxxxx Markets including, without limitation, loss or damage resulting, directly or indirectly, from any delays or inaccuracies in the transmission of orders and/or information due to a breakdown in or failure of any transmission or communication facilities. In the event that Customer directs Xxxxx Markets to sell any margin, collateral, contract, or other property and Xxxxx Markets is unable to deliver such margin, collateral, contract, or other property to a purchaser because the Customer fails to deliver it to Xxxxx Markets, Xxxxx Markets may borrow or purchase any margin, collateral, contract, or property necessary to make such delivery, and Customer hereby agrees to guarantee and hold Xxxxx Markets harmless against any liability, claim, loss, damage, cost or expense, including attorneys’ fees that Xxxxx Markets may sustain.
Appears in 1 contract
Samples: Terms of Business
MARGINS AND DEPOSIT REQUIREMENTS. Customers shall provide to and maintain with Xxxxx Markets Meydan Ltd. margin in such amounts and in such forms as Xxxxx MarketsMeydan Ltd., in its sole discretion, may require. Such margin requirements may be greater or less than the margins required by a counterparty bank. Xxxxx Markets Meydan Ltd. may change margin requirements at any time. The customer agrees to deposit by immediate wire transfer, or other payment methods acceptable to Xxxxx MarketsMeydan Ltd., such additional margin when and as required by Xxxxx Markets Meydan Ltd. and will promptly meet all margin calls in such mode of transmission as Xxxxx Markets Meydan Ltd. in its sole discretion designates. Xxxxx Markets Meydan Ltd. may at any time proceed to liquidate Customer’s account and any failure by Xxxxx Markets Meydan Ltd. to enforce its rights hereunder shall not be deemed a waiver by Xxxxx Markets Meydan Ltd. to enforce its rights thereafter. Xxxxx Markets Meydan Ltd. retains the right to limit the amount and/or the total number of open positions that Customer may acquire or maintain at Xxxxx MarketsMeydan Ltd., and to increase margin requirements in advance of earnings or other news or events, with or without notice, either before such events or retroactively or at any other time that it deems at its sole discretion. Xxxxx Markets Meydan Ltd. will attempt to execute all orders which it may, in its sole discretion, choose to accept in accordance with the oral or written, or computer instructions of Customer. Xxxxx Markets Meydan Ltd. reserves the right to refuse to accept any order. Terms of Business However, Xxxxx Markets Meydan Ltd. shall not be responsible for any loss or damage caused, directly or indirectly, by any events, actions, or omissions beyond the control of Xxxxx Markets Meydan Ltd. including, without limitation, loss or damage resulting, directly or indirectly, from any delays or inaccuracies in the transmission of orders and/or information due to a breakdown in or failure of any transmission or communication facilities. In the event that Customer directs Xxxxx Markets Meydan Ltd. to sell any margin, collateral, contract, or other property and Xxxxx Markets Meydan Ltd. is unable to deliver such margin, collateral, contract, or other property to a purchaser because the Customer fails to deliver it to Xxxxx MarketsMeydan Ltd., Xxxxx Markets Meydan Ltd. may borrow or purchase any margin, collateral, contract, or property necessary to make such delivery, and Customer hereby agrees to guarantee and hold Xxxxx Markets Meydan Ltd. harmless against any liability, claim, loss, damage, cost or expense, including attorneys’ fees that Xxxxx Markets Meydan Ltd. may sustain.
Appears in 1 contract
Samples: Terms of Business
MARGINS AND DEPOSIT REQUIREMENTS. Customers The Clients shall provide to and maintain with Xxxxx Markets margin in such amounts and in such forms as Xxxxx Markets, in its sole discretion, may require. Such margin requirements may be greater or less than the margins required by a counterparty bank. Xxxxx Markets may change margin requirements at any time. The customer Client agrees to deposit by immediate wire transfer, or other payment methods acceptable to Xxxxx Markets, such additional margin when and as required by Xxxxx Markets and will promptly meet all margin calls in such mode of transmission as Xxxxx Markets in its sole discretion designates. Xxxxx Markets may at any time proceed to liquidate Customerthe Client’s account and any failure by Xxxxx Markets to enforce its rights hereunder shall not be deemed a waiver by Xxxxx Markets to enforce its rights thereafter. Xxxxx Markets retains the right to limit the amount and/or the total number of open positions that Customer the Client may acquire or maintain at Xxxxx Markets, and to increase margin requirements in advance of earnings or other news or events, with or without notice, either before such events or retroactively or at any other time that it deems at its sole discretion. Xxxxx Markets will attempt to execute all orders which it may, in its sole discretion, choose to accept in accordance with the oral or written, or computer instructions of Customerthe Client. Xxxxx Markets reserves the right to refuse to accept any order. Terms of Business However, Xxxxx Markets shall not be responsible for any loss or damage caused, directly or indirectly, by any events, actions, or omissions beyond the control of Xxxxx Markets including, without limitation, loss or damage resulting, directly or indirectly, from any delays or inaccuracies in the transmission of orders and/or information due to a breakdown in or failure of any transmission or communication facilities. In the event that Customer the Client directs Xxxxx Markets to sell any margin, collateral, contract, or other property and Xxxxx Markets is unable to deliver such margin, collateral, contract, or other property to a purchaser because the Customer Client fails to deliver it to Xxxxx Markets, Xxxxx Markets may borrow or purchase any margin, collateral, contract, or property necessary to make such delivery, and Customer the Client hereby agrees to guarantee and hold Xxxxx Markets harmless against any liability, claim, loss, damage, cost or expense, including attorneys’ fees that Xxxxx Markets may sustain.
Appears in 1 contract
Samples: muganmarkets.com
MARGINS AND DEPOSIT REQUIREMENTS. Customers Trader shall provide to and maintain with Xxxxx Markets LVM LTD margin in such amounts and in such forms as Xxxxx MarketsLVM LTD, in its sole discretion, may require. Trader is aware and acknowledges that the requirements for margin vary, and may be changed from time to time, at LVM LTD's sole discretion, based upon account size, volume traded, and market conditions. Such margin requirements may be greater or less than the margins required by a counterparty bank. Xxxxx Markets LVM LTD may change margin requirements at any time. The customer Trader agrees to deposit by immediate wire transfer, or other payment methods acceptable to Xxxxx Markets, transfer such additional margin when and as required by Xxxxx Markets LVM LTD and will promptly meet all margin calls in such mode of transmission as Xxxxx Markets LVM LTD in its sole discretion designates. Xxxxx Markets LVM LTD may at any time proceed to liquidate CustomerTrader’s account in accordance with paragraph 7 below and any failure by Xxxxx Markets LVM LTD to enforce its rights hereunder shall not be deemed a waiver by Xxxxx Markets LVM LTD to enforce its rights thereafter. Xxxxx Markets No previous margin requirement by LVM LTD shall preclude LVM LTD from increasing that requirement without prior notice. LVM LTD is not obliged to make any warnings to Trader prior to liquidating positions for insufficient margin and shall not be liable for any failure by us to contact you or attempt to contact you. If we make a warning prior to liquidation for insufficient margin, in no way does this waive our right to liquidate any transaction in your account as detailed in this Agreement. LVM LTD retains the right to limit the amount and/or the total number of open positions that Customer Trader may acquire or maintain at Xxxxx Markets, and to increase margin requirements in advance of earnings or other news or events, with or without notice, either before such events or retroactively or at any other time that it deems at its sole discretionLVM LTD. Xxxxx Markets LVM LTD will attempt to execute all orders orders, which it may, in its sole discretion, choose to accept in accordance with the oral or oral, written, or computer instructions of CustomerTrader’s. Xxxxx Markets LVM LTD reserves the right to refuse to accept any orderorder or guarantee a market in which to offset. Terms of Business However, Xxxxx Markets LVM LTD shall not be responsible for any loss or damage caused, directly or indirectly, by any events, actions, actions or omissions beyond the control of Xxxxx Markets LVM LTD including, without limitation, loss or damage resulting, directly or indirectly, from any delays or inaccuracies in the transmission of orders and/or information due to a breakdown in or failure of any transmission or communication facilities. In the event that Customer directs Xxxxx Markets to sell any margin, collateral, contract, or other property and Xxxxx Markets is unable to deliver such margin, collateral, contract, or other property to a purchaser because the Customer fails to deliver it to Xxxxx Markets, Xxxxx Markets may borrow or purchase any margin, collateral, contract, or property necessary to make such delivery, and Customer hereby agrees to guarantee and hold Xxxxx Markets harmless against any liability, claim, loss, damage, cost or expense, including attorneys’ fees that Xxxxx Markets may sustain.
Appears in 1 contract
Samples: Client Agreement