Common use of CLOSURE OF POSITIONS Clause in Contracts

CLOSURE OF POSITIONS. 20.1. The Company aims to notify the Client that they are on margin call before the Company starts automatically closing such open positions by sending a notification e-mail when the Client’s equity falls below 100%. However, as markets move fast, the Client understands and agrees that the Company may not be able to contact the Client on time and before their positions get closed.

CLOSURE OF POSITIONS. 20.121.1. The Company aims to notify the Client that they are on margin call before the Company starts automatically closing such open positions by sending a notification e-mail when the Client’s ŵĂŝů ǁŚĞŶ ƚŚĞ ů equity falls below 100%. However, as markets move fast, the Client understands and agrees that the Company may not be able to contact the Client on time and before their positions get closed.