Common use of Margin Calls Clause in Contracts

Margin Calls. 11.2.1 If there is an adverse movement in the value of a Transaction you may need to add additional funds in order to cover the amount of the adverse movement and to supplement the Initial Margin. As such, in order for you to continue to hold open Transactions you must maintain sufficient funds in your Account to cover the Initial Margin and the value of any adverse market movements. 11.2.2 You acknowledge that you may be required to deposit a substantial additional sum at short notice to maintain your Margin balances at a sufficient level to cover adverse price movements (i.e. unrealised losses). You may be subject to a Margin Call to pay additional Margin if there are insufficient funds in your Account. During the period your position/s remain/s open with the Company, you must maintain a Margin Level of at least 50%. The Margin level is a percentage calculated as follows: (Total Equity divided by Used Margin) multiplied by 100, where: (a) The Used Margin is the amount of funds required to ensure you have enough money to cover against losses on all of your open contracts at any one time; and (b) For calculation purposes, all relevant figures of Used Margin will be converted into your account currency. Once your Margin level reaches 50% or less, the company may in its entire discretion and without further notice, Close Out all of your open positions unless additional funds are deposited into the Account or the market moves such that the account value returns above the minimum Margin Level. 11.2.3 You acknowledge that if you do not maintain sufficient funds to meet the Margin requirements to maintain an open Transaction(s) your open Transaction will be Closed Out by the Company. We will take reasonable steps to notify you before we Close Out your open position(s) and Margin Calls may be made by notification via our Online Trading Platform. You acknowledge and agree that it is your responsibility to actively monitor and manage your Transactions and your obligations, including ensuring that you maintain sufficient funds to meet Margin requirements to maintain your open positions.

Margin Calls. 11.2.1 21.1. If there is an adverse movement in the value of a Transaction you may need to add additional funds in order at any time your Trading Resources are not sufficient to cover the amount of the adverse movement and to supplement the Initial Margin. As such, in order for you to continue to hold open Transactions you must maintain sufficient funds in your Account to cover the Initial Margin and the value of any adverse market movements. 11.2.2 You acknowledge that you may be required to deposit a substantial additional sum at short notice to maintain full your Margin balances at Requirement, we shall be entitled to make a sufficient level to cover adverse price movements (i.e. unrealised losses)Margin Call. You may be subject to Margin is due for payment immediately upon a Margin Call to pay additional Margin if there are insufficient funds in your Accountbeing made. 21.2. During the period your position/s remain/s open with the Company, you must maintain Regardless of whether a Margin Level Call has been made, TD365 has the right to close out your Open Positions when the Equity on your Account falls below a level which we consider detrimental to your ability to trade, and in any event we will close your position where it falls below 100% of at least 50%. The the Margin level is a percentage calculated as follows: (Total Equity divided by Used Margin) multiplied by 100, where: (a) The Used Margin is the amount of funds required to ensure you have enough money to cover against losses on all support those Open Positions. TD365 may execute such closure of your open contracts at Open Positions in any one time; and (b) For calculation purposes, all relevant figures of Used Margin will be converted into your account currency. Once your Margin level reaches 50% or less, the company may in its entire discretion and without further notice, Close Out all of your open positions unless additional funds are deposited into the Account or the market moves such sequence that the account value returns above the minimum Margin Levelit reasonably determine. 11.2.3 You acknowledge that if you do not maintain sufficient funds 21.3. It is your responsibility to meet the monitor your Open Positions and all other relevant factors used to calculate Margin requirements to maintain an open Transaction(s) your open Transaction will be Closed Out by the Companypayable. We will take reasonable steps are not obliged to notify make Margin Calls at all or within any specific time period. We shall not be liable to you before we Close Out your open position(s) and for any failure by us to contact you or attempt to contact you. 21.4. Margin Calls may be made in person, by notification via telephone, telephone answering machine message, voice mail, letter, fax, email or any other means of electronic communication. If the contact details provided by you change in any way you must immediately contact us to provide new or alternative contact details to ensure you can be notified of Margin Calls. A Margin Call is deemed to have been made at the first time we endeavour to contact you using the details supplied by you for that purpose. Any message left on any electronic medium either mobile and telephone answering machine using the designated numbers supplied by you will be deemed to be evidence of a Margin Call having been made. Any fax requesting a margin payment will be deemed received by you upon our Online Trading Platformreceipt of a successful transmission confirmation. Any email sent to you will be deemed received upon receipt by us of a successful delivery notice. 21.5. If you fail to pay a Margin Call we may, but are not obliged to, close any or all of your Open Positions at the Closing Price and close your Account and not accept any Orders or open any further CFD Transactions for you. 21.6. Notwithstanding that a Margin Call has not been met, we may in our sole and absolute discretion allow your Open Positions to run and allow you to open new CFD Transactions. This will not affect our rights at any subsequent time to take any action under this Agreement. 21.7. Notwithstanding any movements in the market that may reduce the Margin Call on your Account you are still liable to pay the full Margin Call as originally requested assuming you still have the same or similar Open Positions. We may take action and close all or part of your Open Positions if you fail to pay a Margin Call. Any Open Positions closed for such a reason shall be at our sole and absolute discretion. We shall not be responsible for the subsequent market activity of any markets on CFD Transactions closed or left open. 21.8. TD365 may view late Margin payments as indicative of Client risk and at its sole discretion may alter the amount of Margin required or close the Account. 21.9. You acknowledge and agree that it must not rely upon our right to demand payments of Margin as a method of monitoring your Open Positions, as such monitoring is your responsibility and we accept no liability for it and we shall not be required to actively monitor issue a Margin Call and manage your Transactions and your obligationsthat any demands, including ensuring that you maintain sufficient funds calls or notices made or given by us in any particular instance shall not require us to meet Margin requirements to maintain your open positionsmake or give such demand, call or notice in another instance.