Contingent Liability Transactions. 6.1 Contingent liability transactions, which are margined, require you to make a series of payments against the purchase price, instead of paying the whole purchase price immediately. 6.2 If you trade in futures, contracts for differences or sell options you may sustain a total loss of the margin you deposit with us to establish or maintain a position. If the market moves against you, you may be called upon to pay substantial additional margin at short notice to maintain the position. If you fail to do so within the time required, your position may be liquidated at a loss and you will be responsible for the resulting deficit. 6.3 Even if a transaction is not margined, it may still carry an obligation to make further payments in certain cir cumstances over and above any amount paid when you entered the contract.
Appears in 3 contracts
Sources: Eligible Counterparty Agreement, Eligible Counterparty Agreement, Eligible Counterparty Agreement
Contingent Liability Transactions. 6.1 Contingent liability transactions, which are margined, require you to make a series of payments against the purchase price, instead of paying the whole purchase price immediately.
6.2 If you trade in futures, contracts for differences or sell options you may sustain a total loss of the margin you deposit with us to establish or maintain a position. If the market moves against you, you may be called upon to pay substantial additional margin at short notice to maintain the position. If you fail to do so within the time required, your position may be liquidated at a loss and you will be responsible for the resulting deficit.
6.3 Even if a transaction is not margined, it may still carry an obligation to make further payments in certain cir cumstances circumstances over and above any amount paid when you entered the contract.
Appears in 3 contracts
Sources: Professional Client Agreement, Professional Client Agreement, Professional Client Agreement
Contingent Liability Transactions. 6.1 Contingent liability transactions, which are margined, require you to make a series of payments against the purchase price, instead of paying the whole purchase price immediately.
6.2 If you trade in futures, contracts for differences or sell options you may sustain a total loss of the margin you deposit with us your firm to establish or maintain a position. If the market moves against you, you may be called upon to pay substantial additional margin at short notice to maintain the position. If you fail to do so within the time required, your position may be liquidated at a loss and you will be responsible for the resulting deficit.
6.3 Even if a transaction is not margined, it may still carry an obligation to make further payments in certain cir cumstances circumstances over and above any amount paid when you entered the contract.
Appears in 1 contract
Sources: Retail Client Agreement (No Advice)
Contingent Liability Transactions. 6.1 Contingent liability transactionsinvestment trans-actions, which are margined, require you to make a series of payments against the purchase price, instead of paying the whole purchase price immediately.
6.2 . If you trade in futures, futures contracts for differences or sell options options, you may sustain a total loss of the margin you deposit with us to establish or and maintain a position. If the market moves against you, you may be called upon to pay substantial additional margin at short notice to maintain the position. If you fail to do so within the time required, your position may be liquidated at a loss and you will be responsible for the resulting deficit.
6.3 . Even if a transaction is not margined, it may still carry an and obligation to make further payments in certain cir cumstances circumstances over and above any amount paid when you entered the contract.
Appears in 1 contract
Sources: Investment Services Agreement