Margin Transaction definition
Examples of Margin Transaction in a sentence
Acceptance of any Order does not constitute any acknowledgment agreement or representation that for a Margin Transaction your Initial Margin or Margin requirement in respect of the Order or your existing Order is satisfied.
I/We acknowledge that your company may, at the discretion of your company, lend the securities I/we have purchased or sales proceeds of my/our securities through my/our Margin Transaction Account to a third party, pledge them as collateral, make use of them for other customers’ margin transactions, or exercise any rights pertaining to such securities.
The Client acknowledges BCS may reject any Client’s order for entering into a Margin Transaction, notwithstanding its compliance with the formal requirements of BCS, without giving any reason.
If I/we fall under any of each item of Paragraph 1 of the preceding article, I/we acknowledge that your company may, at the discretion of your company and for my/our own account, execute any sale or purchase contract necessary for settlements of any or all margin transactions through my/our Margin Transaction Account at your company.
If I/we fall under any of each item in Paragraph 2 of the preceding article, I/we shall, upon your company’s request, entrust your company any sale or purchase transaction necessary for settlements of any and all margin transactions through my/our Margin Transaction Account at your company by the date and time designated by your company (excluding cases where your company will execute any sale or purchase contract pursuant to the provisions of the preceding paragraph).