Deposited Margin definition

Deposited Margin means the sum of the cash and Substitute Securities etc. prescribed in Article 9.1, that are placed or deposited by a customer with a Broker Member as the Clearing Margin for transactions in the commodity markets.
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Examples of Deposited Margin in a sentence

  • A Broker Member shall, upon request by a customer to refund the amount set by the Broker Member within the Excess Amount of Deposited Margin, refund the amount corresponding to the said request within four (4) business days including the date of the request.

  • However, this shall not apply to cases where the Excess Amount of Deposited Margin has exceeded the amount deposited in cash by the customer as Clearing Margin.

  • In the event that a customer fails to satisfy outstanding obligations arising in connection with the customer’s transactions within ten (10) business days from the day designated by a Broker Member, the Broker Member may appropriate any Deposited Margin, other cash, and Substitute Securities etc., placed or deposited by the customer referred to in Paragraph 1 for the satisfaction of the said obligations.

  • In this case, the Excess Amount of Deposited Margin shall be calculated after deducting the “Outstanding Amount payable/receivable for Options Contract” from the Cash Amount to be received or paid by a Customer pursuant to the provisions of Article 2.1.15.

  • Deposited Margin and other cash, Substitute Securities etc., Substitute Foreign Currencies, etc., placed or deposited by a customer, shall constitute common collateral for the purpose of satisfaction of the customer’s outstanding obligations arising from the consignment of transactions on the Exchange and other commodity exchanges.

  • In the event that a customer fails to satisfy outstanding obligations arising in connection with the customer’s transactions within ten (10) business days from the day designated by a Broker Member, the Broker Member may appropriate any Deposited Margin and other cash, Substitute Securities etc., Substitute Foreign Currencies, etc., placed or deposited by the customer referred to in Paragraph 1 for the satisfaction of the said obligations.

  • When the Broker Member provides the customer with the document prescribed in the preceding paragraph, he/she shall explain the matters specified in the document to help the customer understand such contents.4. The Broker Member shall, after concluding the agreement with the customer as prescribed in Paragraph 1, add/deduct the Options Transaction Payment to/from the Deposited Margin delivered or deposited by the customer, and then, add the Exercise Price Differential.

  • The Broker Member shall, after concluding the agreement with the customer as prescribed in Paragraph 1, add/deduct the Options Transaction Payment to/from the Deposited Margin delivered or deposited by the customer, and then, add the Exercise Price Differential.

Related to Deposited Margin

  • Eurocurrency Reserve Percentage means, for any day during any Interest Period, the reserve percentage (expressed as a decimal, carried out to five decimal places) in effect on such day, whether or not applicable to any Lender, under regulations issued from time to time by the FRB for determining the maximum reserve requirement (including any emergency, supplemental or other marginal reserve requirement) with respect to Eurocurrency funding (currently referred to as “Eurocurrency liabilities”). The Eurocurrency Rate for each outstanding Eurocurrency Rate Loan shall be adjusted automatically as of the effective date of any change in the Eurocurrency Reserve Percentage.

  • Euro-Dollar Reserve Percentage has the meaning set forth in Section 2.06(c).

  • Mid-Swap Floating Leg Benchmark Rate means EURIBOR (if the Specified Currency is euro), LIBOR for the Specified Currency (if the Specified Currency is U.S. dollars, Pounds Sterling or Swiss Francs), CIBOR (if the Specified Currency is Danish Kroner), NIBOR (if the Specified Currency is Norwegian Kroner), STIBOR (if the Specified Currency is Swedish Kronor) or (in the case of any other Specified Currency) the benchmark rate most closely connected with such Specified Currency and selected by the Calculation Agent in its discretion after consultation with the Issuer;

  • Euro-Dollar Rate means a rate of interest determined pursuant to Section 2.07 on the basis of an Adjusted London Interbank Offered Rate.

  • Step Up Margin means the rate per annum specified in the applicable Final Terms; and

  • Free Margin means the amount of funds available in the Client Account, which may be used to open a position or maintain an Open Position. Free Margin shall be calculated as: Equity less (minus) Necessary Margin [Free margin = Equity- Necessary Margin].

  • Additional Margin shall have the meaning provided in Section 2.14(a).