Unsecured Debits or Unsecured Short Positions. Apex may charge against the accounts of Correspondent an amount equal to the value of any unsecured debit or short position (on a “mark to market” basis) if that position has not been promptly resolved by payment or delivery.
Appears in 2 contracts
Samples: Omnibus Clearing Agreement (Webull Corp), Omnibus Clearing Agreement (Webull Corp)
Unsecured Debits or Unsecured Short Positions. Apex may shall charge against the accounts of Correspondent an amount equal to the value of any unsecured debit or short position (on a “mark to market” basis) in a Customer account if that position has not been promptly resolved by payment or delivery.
Appears in 2 contracts
Samples: Fully Disclosed Clearing Agreement (Webull Corp), Fully Disclosed Clearing Agreement (Webull Corp)
