Margin close definition

Margin close means the immediate closing of the Debtor’s open positions according to the Margin close.
Margin close. Out (MCO)” shall mean the standardized percentage of the margin at which the Company is required to close out a CFD or multiple CFDs. The MCO has been set at 50% to ensure that clients’ margin is not eroded close to zero, which is in line with examples of good practice in the industry. The rule does not prevent clients from choosing to ‘top up’ their margin if they wish to do so.

Examples of Margin close in a sentence

  • The Company applies a Margin close out rule on per account basis and shall start closing positions when margin decreases at 50%.

  • To be honest that’s another reason I want to get out because I feel I’m losing a lot of what I did in college.

  • Margin close out: The Company is required to close out (one or more of) our retail client’s open CFD positions where the total margin in the client’s account deteriorates at the discretion of the Company.

  • At its August 1995 meeting, the Board of Directors approved a bonus plan (the "Plan") for the Chief Executive Officer for the fiscal year, later prorated to reflect the change in the Company's fiscal year and resulting nine-month reporting period.

  • Historical results: growth with Gross Margin close to 10% on sales; low switch rate In FY 2021, eVISO sold 237 GWh of electricity to direct clients with a number of PoDs (Points of Delivery) served at YE of 16.6k.

  • In FY22 it generated €15.4mn Value of Production (16.4% VoP CAGR 2013-22) and €3.5mn EBITDA (EBITDA Margin close to 23%).

  • Margin close out protection: The Issuer has implemented a margin close out protection which automatically and fully terminates all CFD if the Return Price would be 50% or less of the Investment Amount.

Related to Margin close

  • Loan Closing means the date on which an executed Loan Agreement between the Trust and a Borrower is delivered pursuant to this Bond Resolution.

  • Loan Closing Date means the date upon which the Loan is made to the Company.

  • Financial Close means the Capacity Market Seller has demonstrated that the Capacity Market Seller or its agent has completed the act of executing the material contracts and/or other documents necessary to (1) authorize construction of the project and (2) establish the necessary funding for the project under the control of an independent third-party entity. A sworn, notarized certification of an independent engineer certifying to such facts, and that the engineer has personal knowledge of, or has engaged in a diligent inquiry to determine, such facts, shall be sufficient to make such demonstration. For resources that do not have external financing, Financial Close shall mean the project has full funding available, and that the project has been duly authorized to proceed with full construction of the material portions of the project by the appropriate governing body of the company funding such project. A sworn, notarized certification by an officer of such company certifying to such facts, and that the officer has personal knowledge of, or has engaged in a diligent inquiry to determine, such facts, shall be sufficient to make such demonstration.

  • First Closing has the meaning set forth in Section 2.1(a).

  • Second Closing has the meaning set forth in Section 2.2.

  • Acquisition Closing Date means the “Closing Date” as defined in the Acquisition Agreement.

  • Put Closing shall have the meaning set forth in Section 2.3.8.

  • Option Closing Time means 8:00 a.m. (Toronto time) on any Option Closing Date or such other time on any Option Closing Date as the Company and the Underwriters may agree;

  • Option Closing Date shall have the meaning ascribed to such term in Section 2.2(c).

  • Option Closing means the closing of the purchase and sale of the Option Shares pursuant to Section 2.2.

  • Put Closing Date shall have the meaning set forth in Section 2.3.8.

  • Option Closing Purchase Price shall have the meaning ascribed to such term in Section 2.2(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Third Closing shall have the meaning ascribed to such term in Section 2.1(c).

  • Second Closing Date means the date of the Second Closing.

  • Debt Purchase Transaction means, in relation to a person, a transaction where such person:

  • Initial Closing shall have the meaning ascribed to such term in Section 2.1.

  • Financial Closing means the execution of the Financing Documents by all the parties thereto, and the fulfillment of all conditions precedent thereunder necessary to permit the advance of funds to pay amounts due under this Agreement.

  • Applicable Closing Date Has the meaning specified in Section 5.01(b) of this Trust Supplement.

  • First Closing Date shall refer to the time and date of delivery of certificates for the Firm Shares and such Optional Shares). Any such time and date of delivery, if subsequent to the First Closing Date, is called an “Option Closing Date,” shall be determined by the Representatives and shall not be earlier than three or later than five full business days after delivery of such notice of exercise. If any Optional Shares are to be purchased, each Underwriter agrees, severally and not jointly, to purchase the number of Optional Shares (subject to such adjustments to eliminate fractional shares as the Representatives may determine) that bears the same proportion to the total number of Optional Shares to be purchased as the number of Firm Shares set forth on Schedule A opposite the name of such Underwriter bears to the total number of Firm Shares. The Representatives may cancel the option at any time prior to its expiration by giving written notice of such cancellation to the Company.

  • IPO Closing means the initial closing of the sale of the Class A Common Stock in the IPO.

  • First Amendment Closing Date has the meaning assigned to such term in the First Amendment.

  • Tender Closing Date means the date and time set out in column (C) of Part 1 of the Schedule to the Tender Notice;

  • Additional Closing has the meaning set forth in Section 2.3.

  • Scheduled Closing Time means, in respect of an Exchange or Related Exchange and a Scheduled Trading Day, the scheduled weekday closing time of such Exchange or Related Exchange on such Scheduled Trading Day, without regard to after hours or any other trading outside of the regular trading session hours.

  • Financial Closing Date means the date of the closing of the initial agreements for any Financing of the Facility and of an initial disbursement of funds under such agreements.

  • Third Closing Date has the meaning set forth in Section 2.2(c).