Gross Liquidation Value definition

Gross Liquidation Value or “GLV” means the balance of the CFD Account if the Client were to close out all CFDs at the current market price (less any transaction charges or adjustments), calculated by CGS-CIMB in the base currency of the CFD Account on an aggregate basis across all open CFD positions.
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Gross Liquidation Value or “GLV” means the balance of the Account if the Client were to close out all CFDs at the current market price (before deducting any commission, transaction charges or adjustments), calculated by CGS-CIMB in the base currency of the Account on an aggregate basis across all open CFD positions;
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Examples of Gross Liquidation Value in a sentence

  • Without limiting its right to call Additional Margin, MFGA may call Additional Margin: • if the Gross Liquidation Value in your CFD Account falls below AUD1,000 or foreign equivalent (as determined by MFGA in its sole discretion).

  • When the balance (GLV or Gross Liquidation Value) is insufficient to cover the initial margin (IM) requirements of your open positions, your account will go into margin call.

  • The Gross Liquidation Value (GLV) is the amount of money you would have in your CFD Account were you to close out all positionsat the current market price (less any transaction charges or adjustments).

  • Gross Liquidation Value (GLV) / Total Equity GLV is the total value of the CFD account if all the positions are sold at the current market price, less any transaction charges and adjustments.

  • The Gross Liquidation Value (GLV) is the amount of money you would have in your CFD account were you to close out all positions at current exchange rates (less any transaction charges or adjustments).

  • The Gross Liquidation Value (GLV) of your CFD, Margin FX and Commodities account is the amount of money you would have in your CFD, Margin FX and Commodities account were you to close out all positions at the current market price (less any transaction charges or adjustments).

  • The starting point for determining Gross Liquidation Value is determining the liquidation value of the Debtor’s assets.

  • Common Terms used in Maybank Kim Eng CFD Platform  Gross Liquidation Value (GLV) = the amount of money you would have in your CFD account if you were to close out all live positions at current market prices, less any transaction charges and adjustments.

  • A force-sell is triggered when the Gross Liquidation Value is less than 70% of the Initial Margin (i.e. Gross Liquidation Value divided by Initial Margin <70%).

Related to Gross Liquidation Value

  • RI Value means, in respect of a Reference Item and a ST Valuation Date, (i) the RI Closing Value for such Reference Item in respect of such ST Valuation Date, divided by (ii) the relevant RI Initial Value (expressed as a percentage).