Contingent Liability. Where we effect or arrange a Transaction involving an option, future or contract for differences or any other product that requires an initial margin, you should note that, depending upon the nature of the Transaction, you may be liable to make further payments when the Transaction fails to be completed or upon the earlier settlement or closing out of your position. You will be required to make further variable payments by way of margin against the purchase price of the investment, instead of paying (or receiving) the whole purchase (or sale) price immediately. The movement in the market price of your investment will affect the amount of margin payment you will be required to make. For margining arrangements of forex accounts please refer to the Forex Annex.
Appears in 7 contracts
Samples: Terms of Business – Client Agreement, Terms of Business – Client Agreement, Terms of Business – Client Agreement
