Margin Account parameters and characteristics Sample Clauses

Margin Account parameters and characteristics. Unless otherwise agreed with BCS, the amount of Eligible Collateral requested by BCS with regard to Margin Account shall be calculated taking into consideration all sales and purchase Transactions entered into and not yet settled as at related moment of time based on the following formulae and logic: Margin ratio (‘R’) shall be determined by BCS based on the following formula: R= D€ |MR| , where DC is Discounted Collateral calculated as to below; MR is Discounted Margin Requirement calculated as to below. Margin status shall be assigned to the Client by BCS based on the relationship between margin ratio ranges and margin statuses presented in the table below, unless otherwise agreed with and/or notified by BCS. Margin ratio ranges and related parameters (‘the thresholds’) are subject to revision by BCS when considered necessary for risk-management purposes. BCS is entitled to unilaterally adjust Margin Account thresholds at any time giving notice to the Client prior to such adjustment. Margin ratio ranges Margin status R > 1 Active 0.95 < R ≤ 1 Restricted 0.9 < R ≤ 0.95 Margin Call
Sample 1
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Margin Account parameters and characteristics. Unless otherwise agreed with BCS, the amount of Eligible Collateral requested by BCS with regard to Margin Account shall be calculated taking into consideration all sales and purchase Transactions entered into and not yet settled as at related moment of time based on the following formulae and logic: Margin ratio (‘R’) shall be determined by BCS based on the following formula: R= D€ |MR| , where DC is Discounted Collateral calculated as to below; MR is Discounted Margin Requirement calculated as to below. Margin status shall be assigned to the Client by BCS based on the relationship between margin ratio ranges and margin statuses presented in the table below and notified to the Client thereafter via BCS official website, BCS front-end system or e-mail subject to change at any time, unless otherwise agreed. The Margin ratio ranges and related parameters (‘the thresholds’) may differ on a client- by-client basis. By conducting business with BCS subject to the given thresholds, the Client agrees and accepts the thresholds, which will become legally binding on the Client and will apply to all Margin Transactions that BCS conducts with the Client or on the Client’s behalf. BCS reserves the right to amend the below thresholds at any time by giving notice to the Client prior to change. Margin status Margin ratio ranges Standard Aggressive Active R > 1 R > 1 Restricted 0.95 < R ≤ 1 0.98 < R ≤ 1 Margin Call 0.9 < R ≤ 0.95 0.97 < R ≤ 0.98 Discounted Collateral shall be calculated by BCS based on the following formulae: DC = ∑Margin Securities DiscLongi + Positive(∑All Currencies DiscCurrj) , where
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