Variation Adjustments definition
Examples of Variation Adjustments in a sentence
I/We hereby agree to deposit and maintain such Margin and meet immediately on demand all Margin calls and or demands for Variation Adjustments thereto and provide you with such guarantees and other security in such amount, form and within such time and on such terms as you may from time to time designate in relation to the Commodities Account.
I/We shall be liable for any consequence arising out of or in connection with my/our failure to meet immediately on demand any calls for Margin, additional Margin and/or demands for Variation Adjustments.
The Customer shall promptly deliver any monies, securities, financial instruments, documents or other commodities or property deliverable by it under any Contract in accordance with any instructions given by the Company to meet margin calls and demands for Variation Adjustments applicable to any HKFE transaction or to meet margin requirements applicable to any Foreign Futures Exchanges.
The Company may require more margin or Variation Adjustments than that specified by the HKFE and/or the Clearing House and may close out open positions in respect of which any margin calls or demands for Variation Adjustments are not met within the period specified by the Company or at the time of making such call(s) or demand(s).
In relation to transactions on the HKFE, the Company may be required to report to the HKFE and the SFC particulars of all open positions in respect of which two successive margin calls and demands for Variation Adjustments are not met within the period specified by the Company.
In relation to transactions on the HKFE, the Company may be required to report to the HKFE and the SFC particulars of all open positions in respect of which two successive Margin Calls and demands for Variation Adjustments are not met within the period specified by the Company.
The Company may require more margin or Variation Adjustments than that specified by the HKFE and/or the Clearing House and may close out open positions in respect of which any Margin Calls and demands for variation Adjustments are not met within the period specified by the Company or at the time of making such call(s) or demand(s).
In addition, GNF may be required to report to the regulators particulars of all open positions in respect of which two successive calls or demands (or such other number of calls or demands as may be required by the regulators from time to time) for Margin or Variation Adjustments are not met within the period required by GNF.
The Client undertakes not to withdraw any Margin deposited with or Variation Adjustments paid to GNF without the prior consent of GNF.
The Client shall promptly deliver any monies, securities, financial instruments, documents or other commodities or property deliverable by it under any Contract in accordance with any instructions given by PRU to meet margin calls and demands for Variation Adjustments and Interest Rates Cash Adjustments applicable to any HKFE transaction or to meet margin requirements applicable to any Foreign Futures Exchanges.