{"component": "clause", "props": {"groups": [{"snippet": "for CFD trading shall mean the necessary margin required by the Company so as to open a position.", "snippet_links": [{"key": "cfd-trading", "type": "clause", "offset": [4, 15]}, {"key": "necessary-margin", "type": "definition", "offset": [31, 47]}, {"key": "by-the-company", "type": "clause", "offset": [57, 71]}, {"key": "to-open", "type": "clause", "offset": [78, 85]}], "samples": [{"hash": "lGENI1Cz5mk", "uri": "/contracts/lGENI1Cz5mk#initial-margin", "label": "Client Agreement", "score": 33.3169364929, "published": true}, {"hash": "9qZ4fD1andw", "uri": "/contracts/9qZ4fD1andw#initial-margin", "label": "Client Agreement", "score": 33.0651550293, "published": true}, {"hash": "aNTHieHS1Dv", "uri": "/contracts/aNTHieHS1Dv#initial-margin", "label": "Client Agreement", "score": 33.0485801697, "published": true}], "size": 11, "hash": "8fc755934da0ea81b0617240682bffa5", "id": 2}, {"snippet": "Upon placing a trade that creates an open Position you are required to pay into your Account the Initial Margin for that Position as calculated by us.", "snippet_links": [{"key": "open-position", "type": "clause", "offset": [37, 50]}, {"key": "to-pay", "type": "clause", "offset": [68, 74]}, {"key": "your-account", "type": "clause", "offset": [80, 92]}], "samples": [{"hash": "c8zo8HUx0DO", "uri": "/contracts/c8zo8HUx0DO#initial-margin", "label": "Client Agreement", "score": 32.0489692688, "published": true}, {"hash": "iqYyxH0WCQs", "uri": "/contracts/iqYyxH0WCQs#initial-margin", "label": "Client Agreement", "score": 26.7860889435, "published": true}, {"hash": "9sNsI6ijHA6", "uri": "/contracts/9sNsI6ijHA6#initial-margin", "label": "Client Agreement", "score": 26.6382713318, "published": true}], "size": 9, "hash": "a946306c9d593baeebaaab74395d1bdf", "id": 3}, {"snippet": "Broker shall be responsible for the initial margin requirement for any transaction until such initial margin has been received by Pershing in acceptable form.", "snippet_links": [{"key": "responsible-for", "type": "clause", "offset": [16, 31]}, {"key": "initial-margin-requirement", "type": "definition", "offset": [36, 62]}, {"key": "received-by", "type": "definition", "offset": [118, 129]}, {"key": "acceptable-form", "type": "definition", "offset": [142, 157]}], "samples": [{"hash": "ecTRvBLxgFP", "uri": "/contracts/ecTRvBLxgFP#initial-margin", "label": "Fully Disclosed Clearing Agreement (Gleacher & Company, Inc.)", "score": 24.2087612152, "published": true}, {"hash": "3wymN87yiEv", "uri": "/contracts/3wymN87yiEv#initial-margin", "label": "Fully Disclosed Clearing Agreement (Southern Trust Securities Holding Corp)", "score": 23.0780296326, "published": true}, {"hash": "gq02e0WWuBv", "uri": "/contracts/gq02e0WWuBv#initial-margin", "label": "Fully Disclosed Clearing Agreement (Broadpoint Securities Group, Inc.)", "score": 21.0, "published": true}], "size": 12, "hash": "d0370603c1beee97afaa13abcbb4c3d0", "id": 1}, {"snippet": "Upon placing a trade that creates an open Contract you are required to pay us, or have in your Account, the Margin for that trade as calculated by us (\u201cInitial Margin\u201d). This Initial Margin is calculated as follows: Initial Margin requirement = (Quantity of Contract Units x Contract Price) x Margin Percentage", "snippet_links": [{"key": "open-contract", "type": "definition", "offset": [37, 50]}, {"key": "pay-us", "type": "clause", "offset": [71, 77]}, {"key": "your-account", "type": "clause", "offset": [90, 102]}, {"key": "initial-margin-requirement", "type": "definition", "offset": [216, 242]}, {"key": "of-contract", "type": "clause", "offset": [255, 266]}, {"key": "contract-price", "type": "definition", "offset": [275, 289]}, {"key": "margin-percentage", "type": "definition", "offset": [293, 310]}], "samples": [{"hash": "dmewMX3dz4s", "uri": "/contracts/dmewMX3dz4s#initial-margin", "label": "Client Agreement", "score": 24.9958934784, "published": true}, {"hash": "9ay4bDKOSBj", "uri": "/contracts/9ay4bDKOSBj#initial-margin", "label": "Client Agreement", "score": 23.8829574585, "published": true}, {"hash": "7zcv0sgjw1M", "uri": "/contracts/7zcv0sgjw1M#initial-margin", "label": "Client Agreement", "score": 23.8713207245, "published": true}], "size": 8, "hash": "1362a01b7329ac7ebf3913c3a8f09927", "id": 4}, {"snippet": "Initial Margin will be calculated as follows: Initial Margin requirement = (Margin Percentage x Contract Price) x Quantity of Contract.", "snippet_links": [{"key": "be-calculated-as-follows", "type": "clause", "offset": [20, 44]}, {"key": "initial-margin-requirement", "type": "definition", "offset": [46, 72]}, {"key": "margin-percentage", "type": "definition", "offset": [76, 93]}, {"key": "contract-price", "type": "definition", "offset": [96, 110]}, {"key": "of-contract", "type": "clause", "offset": [123, 134]}], "samples": [{"hash": "cq31UuQMNMJ", "uri": "/contracts/cq31UuQMNMJ#initial-margin", "label": "Retail Client Agreement", "score": 27.2203140259, "published": true}, {"hash": "218NWm2BKZz", "uri": "/contracts/218NWm2BKZz#initial-margin", "label": "Retail Client Agreement", "score": 25.2630977631, "published": true}, {"hash": "7EfsKphZ4Zj", "uri": "/contracts/7EfsKphZ4Zj#initial-margin", "label": "Retail Client Agreement", "score": 23.2067070007, "published": true}], "size": 6, "hash": "bb19559bb45aa387778ef64c58d957ed", "id": 5}, {"snippet": "Initial Margin is the amount debited from the Client account as soon as a new position is opened or an order is placed to open a new position. This acts as a security buffer and protects us in the event of Client default. Typically MTC will require an Initial Margin calculated as a percentage of the contract value. The Initial Margin will vary depending on the Contact traded. The initial margin is determined at MTC\u2019s discretion mostly by the liquidity of the underlying asset on which the product is based. Once the Client is trading, the daily statement will show the Margin requirement for each trade as well as the Total Margin Requirement i.e. combined Margins of all Contracts. MTC advises the Initial Margin rates on the website and electronic trading platform. Initial margin is debited from a Client account should the Client place an order which is not executed. This margin remains debited from the Client\u2019s account while the order remains on the market in anticipation of the order being filled. If the order is not subsequently filled the initial margin is credited to the Client\u2019s account when the Client cancels the Order. Should the Order be filled the amount of the initial margin will remain debited and will be returned immediately once the position is closed.", "snippet_links": [{"key": "the-client-account", "type": "clause", "offset": [42, 60]}, {"key": "a-new-position", "type": "definition", "offset": [72, 86]}, {"key": "an-order", "type": "clause", "offset": [100, 108]}, {"key": "to-open", "type": "clause", "offset": [119, 126]}, {"key": "client-default", "type": "definition", "offset": [206, 220]}, {"key": "a-percentage", "type": "definition", "offset": [281, 293]}, {"key": "the-contract-value", "type": "definition", "offset": [297, 315]}, {"key": "depending-on-the", "type": "clause", "offset": [346, 362]}, {"key": "underlying-asset", "type": "definition", "offset": [463, 479]}, {"key": "the-product", "type": "definition", "offset": [489, 500]}, {"key": "daily-statement", "type": "definition", "offset": [543, 558]}, {"key": "total-margin-requirement", "type": "definition", "offset": [622, 646]}, {"key": "all-contracts", "type": "clause", "offset": [672, 685]}, {"key": "margin-rates", "type": "clause", "offset": [711, 723]}, {"key": "the-website", "type": "clause", "offset": [727, 738]}, {"key": "electronic-trading-platform", "type": "definition", "offset": [743, 770]}, {"key": "a-client-account", "type": "clause", "offset": [803, 819]}, {"key": "place-an", "type": "definition", "offset": [838, 846]}, {"key": "the-market", "type": "clause", "offset": [957, 967]}, {"key": "in-anticipation-of", "type": "definition", "offset": [968, 986]}, {"key": "if-the-order", "type": "clause", "offset": [1011, 1023]}, {"key": "to-the-client", "type": "clause", "offset": [1082, 1095]}, {"key": "the-position", "type": "clause", "offset": [1259, 1271]}], "samples": [{"hash": "eh0QhfZpEjr", "uri": "/contracts/eh0QhfZpEjr#initial-margin", "label": "General Terms and Conditions", "score": 27.3230667114, "published": true}, {"hash": "7CbrO6kjEdn", "uri": "/contracts/7CbrO6kjEdn#initial-margin", "label": "General Terms and Conditions", "score": 26.6509246826, "published": true}, {"hash": "iQcBMQldHbu", "uri": "/contracts/iQcBMQldHbu#initial-margin", "label": "General Terms and Conditions", "score": 26.3990421295, "published": true}], "size": 4, "hash": "10fefb507ea5fe21f4bfe3055b64f8f1", "id": 6}, {"snippet": "Upon placing a trade that creates an open position you are required to pay us, or have in your account, the margin for that trade as calculated by us (\u201cinitial margin\u201d). This initial margin is calculated as follows: At the time of opening the position, you must have margin in your account at least equivalent to:\na. In the case of index, bullion and index future CFDs;\nb. In the case of a commodity CFD:", "snippet_links": [{"key": "open-position", "type": "clause", "offset": [37, 50]}, {"key": "pay-us", "type": "clause", "offset": [71, 77]}, {"key": "your-account", "type": "clause", "offset": [90, 102]}, {"key": "at-the-time", "type": "definition", "offset": [216, 227]}, {"key": "the-position", "type": "clause", "offset": [239, 251]}, {"key": "in-the-case", "type": "clause", "offset": [317, 328]}, {"key": "index-future", "type": "definition", "offset": [351, 363]}, {"key": "commodity-cfd", "type": "definition", "offset": [390, 403]}], "samples": [{"hash": "7NUxnqullWa", "uri": "/contracts/7NUxnqullWa#initial-margin", "label": "Client Agreement", "score": 27.2504253387, "published": true}, {"hash": "3pfAX4Lu5gJ", "uri": "/contracts/3pfAX4Lu5gJ#initial-margin", "label": "Client Agreement", "score": 26.3498325348, "published": true}, {"hash": "eqJnkTtBrnT", "uri": "/contracts/eqJnkTtBrnT#initial-margin", "label": "Client Agreement", "score": 23.4147834778, "published": true}], "size": 4, "hash": "06861f098929ae69ae6bd0c9a7b09e6f", "id": 7}, {"snippet": "14.1. Before executing a Contract, easyMarkets may in its absolute discretion require a deposit of between 0.01% and 100% of the Contract\u2019s value in respect of any anticipated or existing Open Positions which the Client has or will have with easyMarkets (\u201cInitial Margin\u201d).\n14.2. Payment must be made pursuant to clause 9 of this Agreement.", "snippet_links": [{"key": "absolute-discretion", "type": "definition", "offset": [58, 77]}, {"key": "the-contract", "type": "definition", "offset": [125, 137]}, {"key": "in-respect-of", "type": "definition", "offset": [146, 159]}, {"key": "open-positions", "type": "definition", "offset": [188, 202]}, {"key": "the-client", "type": "definition", "offset": [209, 219]}, {"key": "clause-9", "type": "clause", "offset": [313, 321]}, {"key": "this-agreement", "type": "clause", "offset": [325, 339]}], "samples": [{"hash": "fxuENLs8ubv", "uri": "/contracts/fxuENLs8ubv#initial-margin", "label": "Client Agreement", "score": 32.9441490173, "published": true}, {"hash": "kg0XbDSXtWS", "uri": "/contracts/kg0XbDSXtWS#initial-margin", "label": "Client Agreement", "score": 31.274356842, "published": true}, {"hash": "eff1BbAAtPO", "uri": "/contracts/eff1BbAAtPO#initial-margin", "label": "Client Agreement", "score": 30.6803474426, "published": true}], "size": 4, "hash": "3317456b57130f35e4063563248a2a51", "id": 8}, {"snippet": "Initial Margin is the amount debited from the Client account as soon as a new position is opened or an order is placed to open a new position. This acts as a security buffer and protects us in the event of Client default. Typically Fidelcrest will require an Initial Margin calculated as a percentage of the contract value. The Initial Margin will vary depending on the Contact traded. The initial margin is determined at Fidelcrest discretion mostly by the liquidity of the underlying asset on which the product is based. Once the Client is trading, the daily statement will show the Margin requirement for Total Margin Requirement i.e. combined Margins of all Contracts. Fidelcrest advises the Initial Margin rates on the website and electronic trading platform. Initial Margin is debited from the Client Account at the the time a Pending Order is executed, if there is not sufficient equity the Pending Order will not be executed and will be deleted.", "snippet_links": [{"key": "the-client-account", "type": "clause", "offset": [42, 60]}, {"key": "a-new-position", "type": "definition", "offset": [72, 86]}, {"key": "an-order", "type": "clause", "offset": [100, 108]}, {"key": "to-open", "type": "clause", "offset": [119, 126]}, {"key": "client-default", "type": "definition", "offset": [206, 220]}, {"key": "a-percentage", "type": "definition", "offset": [288, 300]}, {"key": "the-contract-value", "type": "definition", "offset": [304, 322]}, {"key": "depending-on-the", "type": "clause", "offset": [353, 369]}, {"key": "underlying-asset", "type": "definition", "offset": [475, 491]}, {"key": "the-product", "type": "definition", "offset": [501, 512]}, {"key": "daily-statement", "type": "definition", "offset": [555, 570]}, {"key": "total-margin-requirement", "type": "definition", "offset": [608, 632]}, {"key": "all-contracts", "type": "clause", "offset": [658, 671]}, {"key": "margin-rates", "type": "clause", "offset": [704, 716]}, {"key": "the-website", "type": "clause", "offset": [720, 731]}, {"key": "electronic-trading-platform", "type": "definition", "offset": [736, 763]}, {"key": "pending-order", "type": "definition", "offset": [833, 846]}], "samples": [{"hash": "imREhH7SX9b", "uri": "/contracts/imREhH7SX9b#initial-margin", "label": "Client Agreement", "score": 26.7686519623, "published": true}], "size": 4, "hash": "02aad341792eb882558f6804cda39ad6", "id": 9}, {"snippet": "Introducing Firm shall be responsible for the initial margin requirement for any transaction until such initial margin has been received by Clearing Agent in acceptable form.", "snippet_links": [{"key": "responsible-for", "type": "clause", "offset": [26, 41]}, {"key": "initial-margin-requirement", "type": "definition", "offset": [46, 72]}, {"key": "received-by", "type": "definition", "offset": [128, 139]}, {"key": "clearing-agent", "type": "definition", "offset": [140, 154]}, {"key": "acceptable-form", "type": "definition", "offset": [158, 173]}], "samples": [{"hash": "ljLRPmIS32d", "uri": "/contracts/ljLRPmIS32d#initial-margin", "label": "Fully Disclosed Clearing Agreement (Cowen Group, Inc.)", "score": 19.0, "published": true}, {"hash": "fIAnb1NdQZ3", "uri": "/contracts/fIAnb1NdQZ3#initial-margin", "label": "Fully Disclosed Clearing Agreement (Cowen Group, Inc.)", "score": 19.0, "published": true}, {"hash": "1PzMx9sXBYf", "uri": "/contracts/1PzMx9sXBYf#initial-margin", "label": "Fully Disclosed Clearing Agreement (Cowen Group, Inc.)", "score": 19.0, "published": true}], "size": 3, "hash": "513775bd3f598c1bdfa1b7247eda58e0", "id": 10}], "next_curs": "ClcSUWoVc35sYXdpbnNpZGVyY29udHJhY3RzcjMLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2Ihdpbml0aWFsLW1hcmdpbiMwMDAwMDAwYQyiAQJlbhgAIAA=", "clause": {"children": [], "title": "Initial Margin", "size": 103, "parents": [["margin", "Margin"], ["deposits-and-margins", "Deposits and Margins"], ["correct-designation", "CORRECT DESIGNATION"], ["scalping", "SCALPING"], ["extension-of-credit", "Extension of Credit"]], "id": "initial-margin", "related": [["applicable-margin", "Applicable Margin", "Applicable Margin"], ["applicable-margins", "Applicable Margins", "Applicable Margins"], ["interest-and-applicable-margins", "Interest and Applicable Margins", "Interest and Applicable Margins"], ["replacing-usd-libor", "Replacing USD LIBOR", "Replacing USD LIBOR"], ["applicable-rate", "Applicable Rate", "Applicable Rate"]], "related_snippets": [], "updated": "2025-07-17T06:09:22+00:00"}, "json": true, "cursor": ""}}