Requirement to Maintain Sufficient Margin Sample Clauses

Requirement to Maintain Sufficient Margin. 1. Margin transactions are subject, at all times, to the initial margin and maintenance margin requirements (the “Margin Requirements”) established by Interactive or the applicable exchange, whichever is greater. Introducing Broker shall monitor the Account so that at all times, without notice or demand, it shall contain a sufficient balance to meet the applicable Margin Requirements, Interactive may reject any order if Introducing Broker does not have a sufficient account balance to meet Margin Requirements and may delay the processing of any order while determining the correct margin status of the Account 2. Interactive may modify Margin Requirements for open and new positions, at any time, in Interactive’s sole discretion. The margin required by Interactive may exceed the margin required by any exchange or clearing house. In addition, Interactive’s house margin requirements or risk control parameters may include leverage ratio limits or position size limits for securities, commodities, currencies or other products (for example, Interactive limits the ratio by which the gross position value of the account may exceed the equity of the account and limits the ratio by which unsettled currency transactions may exceed account equity). These limits address situations in which there may be little or no apparent market risk in holding a position but there may be excessive settlement or other risk. If these limits are reached or exceeded, accounts or Sub-Accounts may not be able to engage in new trades and existing positions may be liquidated without notice (see Paragraph F, below). 3. The market values/prices used to compute the equity in any account or Sub-Account, and/or to compute the Margin Requirements, shall be determined in Interactive’s sole discretion and may differ from the values/prices disseminated by exchanges or other market data sources. Among other things, Interactive may calculate its own index values, Exchange Traded Fund values or derivatives values, and Interactive shall have sole discretion whether to value securities or futures or other investment products based on bid price, offer price, last sale price, midpoint or using some other method). Introducing Broker acknowledges that Interactive may use a valuation methodology that is more conservative than the marketplace as a whole and that this may effectively constitute a higher “house” margin requirement, which Interactive has a right to establish.
Sample 1
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Related to Requirement to Maintain Sufficient Margin

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