Lock margin definition

Lock margin is a cover sum, required by the Dealer in order to open and maintain lock positions. For every instrument it is indicated in Specifications.
View Source
Lock margin. The Dealer's support request to open and maintain lock positions. Each instrument is shown in terms of contracts.
View Source

Related to Lock margin

  • CD Margin means a rate per annum determined in accordance with the Pricing Schedule.

  • Note Margin With respect to each Mortgage Loan, the fixed percentage set forth in the related Mortgage Note and indicated in Exhibit One hereto as the "NOTE MARGIN," which percentage is added to the Index on each Adjustment Date to determine (subject to rounding in accordance with the related Mortgage Note, the Periodic Cap, the Maximum Mortgage Rate and the Minimum Mortgage Rate) the interest rate to be borne by such Mortgage Loan until the next Adjustment Date.

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

  • Initial Margin means the amount of cash or securities deposited with a broker as a margin payment at the time of purchase or sale of a futures contract.

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