Maximum Position Value Sample Clauses

Maximum Position Value. The market value of a position cannot exceed 100% of the Client’s account liquidation value. For example, if the liquidation value of the account is $100,000 no single position can be worth more than $100,000 no matter what the required margin is. For a short position, the market value cannot exceed 50% of the value of the account. The Client understands that the loan value of eligible securities for the purpose of margin is subject to applicable law, regulation or rule as well as Xxxxxx Xxxxxxx policies. The Client agrees that, at all times, the client will maintain margin equity in the Client’s Account and that the Client will deposit additional collateral or equity as Xxxxxx Xxxxxxx may require.
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