WHAT ACTION MAY WE TAKE. If an event of default occurs we may take all or any of the following actions: a. Immediately require payment of any amount you owe us, including margin; b. Terminate this Agreement; c. Close all or any of your open positions; d. Limit the size of your open positions either in monthly terms or a number of margin FX contracts or CFDs (net or gross); e. Refuse orders to establish new positions; f. Convert any ledger balances to the base currency of your account; g. Exercise our rights of set off; h. Change the margin level at which we may close your account; i. Impose new margin requirements to your trading or account; j. Limit or withdraw the credit on your account; k. Suspend your account and refuse to execute any trades; l. Call on any guarantee in respect of your obligations; m. Require you immediately to close out and settle the margin FX contract or CFD in such a manner as we requested; n. Enter into any transaction at such rates and times as we may determine in order to meet any obligation you may have incurred under a margin FX contract or CFD; o. Combine, close or consolidate any of the accounts sustained by you and offset any and/or amounts owed to, or by, us in such manner as we may in our absolute discretion determine; or p. Retain any amount owed by us to you against any contingent liability of yours to us or so long as the contingency subsists.
Appears in 3 contracts
Samples: Client Agreement, Client Agreement, Client Agreement
WHAT ACTION MAY WE TAKE. If an event of default occurs we may take all or any of the following actions:
a. Immediately require payment of any amount you owe us, including marginMargin;
b. Terminate this Agreement;
c. Close all or any of your open positions;
d. Limit the size of your open positions either in monthly terms or a number of margin Margin FX contracts or CFDs (net or gross);
e. Refuse orders to establish new positions;
f. Convert any ledger balances to the base currency Base Currency of your accountAccount;
g. Exercise our rights of set offset-of f;
h. Change the margin Margin level at which we may close your accountAccount;
i. Impose new margin requirements Margin Requirements to your trading or accountAccount;
j. Limit or withdraw the credit on your accountAccount;
k. Suspend your account Account and refuse to execute any trades;
l. Call on any guarantee in respect of your obligations;
m. Require you immediately to close out and settle the margin Margin FX contract or CFD in such a manner as we requested;
n. Enter into any transaction at such rates and times as we may determine in order to meet any obligation you may have incurred under a margin Margin FX contract or CFD;
o. Combine, close or consolidate any of the accounts sustained by you and offset any and/or amounts owed to, or by, us in such manner as we may in our absolute discretion determine; or
p. Retain any amount owed by us to you against any contingent liability of yours to us or so long as the contingency subsists.
Appears in 1 contract
Samples: Client Agreement
WHAT ACTION MAY WE TAKE. If an event of default occurs we may take all or any of the following actions:
a. Immediately require payment of any amount you owe us, including marginMargin;
b. Terminate this Agreement;
c. Close all or any of your open positions;
d. Limit the size of your open positions either in monthly terms or a number of margin Margin FX contracts or CFDs (net or gross);
e. Refuse orders to establish new positions;
f. Convert any ledger balances to the base currency Base Currency of your accountAccount;
g. Exercise our rights of set off;
h. Change the margin Margin level at which we may close your accountAccount;
i. Impose new margin requirements Margin Requirements to your trading or accountAccount;
j. Limit or withdraw the credit on your accountAccount;
k. Suspend your account Account and refuse to execute any trades;
l. Call on any guarantee in respect of your obligations;
m. Require you immediately to close out and settle the margin Margin FX contract or CFD in such a manner as we requested;
n. Enter into any transaction at such rates and times as we may determine in order to meet any obligation you may have incurred under a margin Margin FX contract or CFD;
o. Combine, close or consolidate any of the accounts sustained by you and offset any and/or amounts owed to, or by, us in such manner as we may in our absolute discretion determine; or
p. Retain any amount owed by us to you against any contingent liability of yours to us or so long as the contingency subsists.
Appears in 1 contract
Samples: Client Agreement
WHAT ACTION MAY WE TAKE. If an event of default occurs we may take all or any of the following actions:
a. Immediately require payment of any amount you owe us, including margin;Margin subject to the Negative Balance Protection; AFS License Number 424122 Last Updated: 29.09.2021
b. Terminate this Agreement;
c. Close all or any of your open positions;
d. Limit the size of your open positions either in monthly terms or a number of margin FX contracts or CFDs Contracts (net or gross);
e. Refuse orders to establish new positionsPositions;
f. Convert any ledger balances to the base currency Base Currency of your accountAccount;
g. Exercise our rights of set off;
h. Change the margin level at which we may close your accountMargin Percentage;
i. Impose new margin requirements Margin Requirements to your trading or accountAccount;
j. Limit or withdraw the credit on your accountAccount;
k. Suspend your account and refuse to execute any trades;
l. Call on any guarantee in respect of your obligations;
m. Require you immediately to close out and settle the margin FX contract or CFD Contract in such a manner as we requested;
n. Enter into any transaction at such rates and times as we may determine in order to meet any obligation you may have incurred under a margin FX contract or CFDPosition;
o. Combine, close or consolidate any of the accounts Accounts sustained by you and offset any and/or amounts owed to, or by, us in such manner as we may in our absolute discretion determine; or
p. Retain any amount owed by us to you against any contingent liability of yours to us or so long as the contingency subsists.
Appears in 1 contract
Samples: Client Agreement
WHAT ACTION MAY WE TAKE. If an event of default occurs we may take all or any of the following actions:
a. Immediately require payment of any amount you owe us, including marginMargin subject to the Negative Balance Protection;
b. Terminate this Agreement;
c. Close all or any of your open positions;
d. Limit the size of your open positions either in monthly terms or a number of margin FX contracts or CFDs Contracts (net or gross);
e. Refuse orders to establish new positionsPositions;
f. Convert any ledger balances to the base currency Base Currency of your accountAccount;
g. Exercise our rights of set off;
h. Change the margin level at which we may close your accountMargin Percentage;
i. Impose new margin requirements Margin Requirements to your trading or accountAccount;
j. Limit or withdraw the credit on your accountAccount;
k. Suspend your account and refuse to execute any trades;
l. Call on any guarantee in respect of your obligations;
m. Require you immediately to close out and settle the margin FX contract or CFD Contract in such a manner as we requested;
n. Enter into any transaction at such rates and times as we may determine in order to meet any obligation you may have incurred under a margin FX contract or CFDPosition;
o. For Clients in breach of 15.1(p), re-charge historical swap fees that are not charged during the swap free account;
p. Combine, close or consolidate any of the accounts Accounts sustained by you and offset any and/or amounts owed to, or by, us in such manner as we may in our absolute discretion determine; or
p. q. Retain any amount owed by us to you against any contingent liability of yours to us or so long as the contingency subsists.
Appears in 1 contract
Samples: Client Agreement
