Common use of Trading Margin requirements Clause in Contracts

Trading Margin requirements. (a) If at any time the Trading Margin of a Market Participant is less than zero, that Participant: (i) must not submit any further Orders; and (ii) may modify or cancel existing Orders (subject to clause 12.5), make Reallocation Requests, provide Credit Support or pay a security deposit amount to increase its Trading Margin. (b) If the Trading Margin remains below zero for 2 consecutive Business Days, the Operator must: (i) cancel any Pre-matched Trades and Broker Pre-matched Trades which have not been scheduled for Delivery Netting; and (ii) if the Trading Margin is still below zero, issue a Margin Call by notice to the relevant participant in accordance with paragraph (c).

Trading Margin requirements. (a) If at any time the Trading Margin of a Market Participant is less than zero, that Participant: (i) must not submit any further Orders; and (ii) may modify or cancel existing Orders (subject to clause 12.5), make Reallocation Requests, provide Credit Support or pay a security deposit amount to increase its Trading Margin. (b) If the Trading Margin remains below zero for 2 consecutive Business Days, the Operator must: (i) cancel any Pre-matched Trades and Broker Pre-matched Trades which have not been scheduled for Delivery Netting; and (ii) if the Trading Margin is still below zero, issue a Margin Call by notice to the relevant participant in accordance with paragraph (c).

Trading Margin requirements. (a) If at any time the Trading Margin of a Market Participant is less than zero, that Participant: (i) : must not submit any further Orders; and (ii) and may modify or cancel existing Orders (subject to clause 12.5), make Reallocation Requests, provide Credit Support or pay a security deposit amount to increase its Trading Margin. (b) . If the Trading Margin remains below zero for 2 consecutive Business Days, the Operator must: (i) : cancel any Pre-matched Trades and Broker Pre-matched Trades which have not been scheduled for Delivery Netting; and (ii) and if the Trading Margin is still below zero, issue a Margin Call by notice to the relevant participant in accordance with paragraph (c).