Examples of Liquidation Level in a sentence
If your Account value goes below the Liquidation Level (see our website for the Liquidation Level associated with your particular platform), T1 reserves the right to automatically liquidate all or some of your open positions and you will be responsible for and liable for all resulting losses as a result of such liquidation.
We further reserve the right to change the Liquidation Level posted on our website in our sole discretion and the new Liquidation Level will be effective immediately and applicable to all open positions upon publication.
Where Free Equity is relatively small this may result in triggering the Liquidation Level causing all open Contracts to be closed.Clients are reminded that all open Contracts are rolled independently and not on a net basis.
You must monitor your platform for available margin, and when your open positions reach the margin critical level (you are approaching insufficient margin given your open positions), you should either deposit additional funds into your Account (funds actually received and applied to your Account) before the equity level reaches our liquidation level (see our website for specific platform Liquidation Level) or offset sufficient losing positions in order to reach full margin.
We may vary the Liquidation Level by providing details on the Website and in our Product Schedule or otherwise in accordance with the Client Agreement.
This is the general opinion; there is however some complaints made on how well the tool works.
Clients under a Managed Program may set their own stop loss limit (EPM) lower than the proscribed Liquidation Level for your platform by making adjustments through Client Portal.
Where Free Equity is relatively small this may result in triggering the Liquidation Level causing all open Contracts to be closed.
We will make a reasonable effort to give you prior notice of our intention to change the Liquidation Level, but reserve the right to change it without prior notice, and duly notifying you of this change in the process.
We will not be responsible for any losses you may suffer or incur in connection with any such closing of your open Positions or any lack of closing thereof.The applicable Liquidation Level is set out in the Product Schedule and on the Trading Platform.