Common use of GUARANTEE DEPOSIT Clause in Contracts

GUARANTEE DEPOSIT. 2.1. When an order to conclude a deal for Contracts For Differences (CFD) and other OTC derivatives on a margin basis, clients must provide a security/guarantee deposit. The guarantee deposit serves to cover the risk of losses in case of an adverse movement in the price of traded financial instruments. The minimum guarantee deposit for each position is calculated individually depending on the type of financial instrument and / or the client (non-professional, professional or eligible counterparty).