Margin Alert/Notification Sample Clauses

Margin Alert/Notification. 30.2.1 uSMART SG will monitor and determine the Security Market Value on a real time basis on the information supplied by the relevant stock or other exchange and the prevailing exchange rates for the relevant currencies. uSMART SG will update the Client’s position in respect of the services under the Margin Account at such times a day as uSMART SG considers appropriate. If at any time uSMART SG determines that the Client’s Margin Account has insufficient Collateral to meet Margin Requirements or is in deficit, the Client will be notified by way of the Electronic Trading Service (or such other mode of communication as determined by uSMART SG from time to time) to (a) top up the Margin Account with additional funds and/or Collaterals; and/or (b) reduce positions in the Margin Account.
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