Examples of Margin Close Out Level in a sentence
For instance, if you open a position with us by selling the contract in question (a practice known as “shorting a market”) and the price rises, you will make a loss on that Trade and it is impossible to know the limit of your potential losses until you close the Trade or your Open Positions are closed when your Margin Level reaches the Margin Close Out Level.
It is your responsibility to monitor your Account(s) at all times and to maintain your Margin Level above the Margin Close Out Level.
The Margin Level will indicate toyou whether you are approaching the Margin Close Out Level.
Margin Level = Net Equity Total Margin Customers must maintain a Margin Level at or above 50% (Margin Close Out Level) at all times.
We may but are under no obligation to notify you if your Account is approaching or has reached the Margin Close Out Level.