RISK OF MARGIN TRADING. The risk of loss in financing a transaction by deposit of collateral is significant. I/We may sustain losses in excess of my/our cash and any other assets deposited as collateral with you. Market conditions may make it impossible to execute contingent orders, such as "stop-loss" or "stop limit" orders. I/We may be called upon at short notice to make additional margin deposits or interest payments. If the required margin deposits or interest payments are not made within the prescribed time, my/our collateral may be liquidated without my/our consent. Moreover, I/we will remain liable for any resulting deficit in my/our account and interest charged on my/our account. I/We should therefore carefully consider whether such a financing arrangement is suitable in light of my/our own financial position and investment objectives.
Appears in 6 contracts
Samples: Client Master Agreement, Client Master Agreement, Client Master Agreement
RISK OF MARGIN TRADING. The risk of loss in financing a transaction by deposit of collateral is significant. I/We may sustain losses in excess of my/our cash and any other assets deposited as collateral with youthe licensed or registered person. Market conditions may make it impossible to execute contingent orders, such as "“stop-loss" ” or "stop “stop–limit" ” orders. I/We may be called upon at short notice to make additional margin deposits or interest payments. If the required margin deposits or interest payments are not made within the prescribed time, my/our collateral may be liquidated without my/our consent. Moreover, I/we will remain liable for any resulting deficit in my/our account and interest charged on my/our account. I/We should therefore carefully consider whether such a financing arrangement is suitable in light of my/our own financial position and investment objectives.
Appears in 1 contract
Samples: Securities Margin Client Agreement