Margin Surcharge definition

Margin Surcharge means that portion of each Clearing Member’s Guaranty Fund Deposit Requirement that is based upon the ratio of the Clearing Member’s Net Margin to Capital as determined pursuant to paragraph (b)(ii) of this Rule 301.
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Margin Surcharge means that portion of a Clearing Member’s Guaranty Fund Deposit Requirement that is based upon the ratio of the Clearing Member’s Initial Margin Amount to Capital as determined pursuant to Rule 3.34.2(b).
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Examples of Margin Surcharge in a sentence

  • If the resulting quotient is less than 0.5, then the Clearing Member’s Margin Surcharge shall be zero (0).

Related to Margin Surcharge

  • Margin Stock shall have the meaning assigned to such term in Regulation U.

  • Surcharge has the meaning set forth in Section 11(a).

  • Margin Level means the percentage Equity to Necessary Margin ratio. It is calculated as (Equity / Necessary Margin) * 100%.

  • Margin means [•] per cent. per annum.]

  • Medicare Levy Surcharge means an extra charge payable by high income earners beyond the standard Medicare Levy if they do not have qualifying private hospital insurance coverage. This charge is assessed as part of an individual or family’s annual tax return.

  • Increased Cost of Hedging means that the Issuer would incur a materially increased (as compared with circumstances existing on the First Trading Date) amount of tax, duty, expense or fee (other than brokerage commissions) to (A) acquire, establish, re-establish, substitute, maintain, unwind or dispose of any transaction(s) or asset(s) it deems necessary to hedge the risk of issuing and performing its obligations with respect to the Securities, or (B) realise, recover or remit the proceeds of any such transaction(s) or asset(s), provided that any such materially increased amount that is incurred solely due to the deterioration of the creditworthiness of the Issuer shall not be deemed an Increased Cost of Hedging.

  • Fines Tariff means a list of fines approved by the Clubs at a general meeting to be levied by the Management Committee for any breach of the Rules, as set out at Schedule A.