Examples of Additional Margin in a sentence
If the value of Collateral in the Trading Account drops to less than 35 %, or such other amount or percentage as is required under Applicable Law or applicable GTN Asia margin trading policy of the Account Equity, GTN Asia will by the end of the relevant Business Day notify me of the reduction in the value of Collateral and request me to increase the amount of Collateral ("Additional Margin") such that the value of the Account Equity is maintained.
At this stage SATFX may contact the Client, including to verify any Trade, to check the Client’s identity or to notify the Client of any requirement for a Margin Payment or for an Additional Margin payment and to inform the Client when the deposit and balance fall due to settle a Forward Contract.
Notwithstanding the above, GTN Asia reserves the right to reduce or cancel the Margin Facility made available to me, refuse to grant any further margin facility to me or require me to provide Additional Margin from time to time to maintain the Account Equity.
The Derivatives Trading, therefore, may cause the Client to lose its Initial Margin and all Additional Margin.
Even if Wing Xxxx has made any demand for Additional Margin, Wing Xxxx may still exercise its rights under Clause 6.2.