OFFSETTING POSITIONS. If Client maintains separate Accounts in which, pursuant to CFTC Regulation 1.46, offsetting positions are not closed out, X.X. X’Xxxxx hereby advises Client that (if held open) offsetting long and short hedge positions in the separate Accounts may result in the charging of additional fees and commissions and the payment of additional margin, although offsetting positions will result in no additional market gain or loss.
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Samples: Corporate Account Agreement, Account Application, Account Agreement
OFFSETTING POSITIONS. If Client Customer maintains separate Accounts accounts in which, pursuant to CFTC Regulation 1.46, offsetting positions are not closed out, X.X. X’Xxxxx Broker hereby advises Client Customer that (if held open) offsetting long and short hedge positions in the separate Accounts accounts may result in the charging of additional fees and commissions and the payment of additional margin, although offsetting positions will result in no additional market gain or loss.
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