Margin CFD Transactions Clause Samples
The 'Margin CFD Transactions' clause defines the terms and conditions under which margin trading in Contracts for Difference (CFDs) is conducted between parties. It typically outlines the requirements for initial and maintenance margin deposits, specifies how margin calls are handled, and details the rights of the broker to close positions if margin levels are not maintained. For example, if the value of a trader's account falls below a certain threshold due to market movements, the broker may require additional funds or liquidate positions to cover potential losses. This clause is essential for managing credit risk and ensuring that both parties understand their financial obligations and the mechanisms in place to prevent excessive losses.
Margin CFD Transactions. (i) Where the Client is long the relevant share, index or sector CFD position, PKF Capital credits the Margin Transaction Account with an amount equivalent to overnight interest to the next trading date equal to the PKF Capital Rollover Interest Rate on the Transaction Value.
(ii) Where the Client is short the relevant share, index or sector CFD position, PKF Capital debits the Margin Transaction Account with an amount equivalent to overnight interest to the next trading date equal to the PKF Capital Rollover Interest Rate on the Transaction Value.
Margin CFD Transactions. 8.5.1 Where the Client is in a Long Position in respect of the relevant share, index or sector CFD position, Velocity Trade credits the Account with an amount equivalent to overnight interest to the next trading date equal to the Velocity Trade Rollover Interest Rate on the Transaction Value.
8.5.2 Where the Client is in a Short Position in respect of the relevant share, index or sector CFD position, Velocity Trade debits the Account with an amount equivalent to overnight interest to the next trading date equal to the Velocity Trade Rollover Interest Rate on the Transaction Value.
Margin CFD Transactions. 8.5.1 Where The Client is long The relevant share, index or sector CFD position, Khwezi Financial Services credits The Margin Transaction Account with an amount equivalent to overnight interest to The next trading date equal to The Khwezi Financial Services Rollover Interest Rate on The Transaction Value.
8.5.2 Where the Client is short the relevant share, index or sector CFD position, Khwezi Financial Services debits The Margin Transaction Account with an amount equivalent to overnight interest to the next trading date equal to The Khwezi Financial Services Rollover Interest Rate on The Transaction Value.
8.5.3 The Client acknowledges and agrees that where there is more than one Electronic Trading Platform available in respect of Margin Transactions, The Khwezi Financial Services Spread relevant to The Khwezi Trade Rollover Interest Rate may differ according to The Electronic Trading Platform used.
Margin CFD Transactions. (i) Where the Client is long the relevant share, index or sector CFD position, Direct Markets Africa credits the Margin Transaction Account with an amount equivalent to overnight interest to the next trading date equal to the Direct Markets Africa Rollover Interest Rate on the Transaction Value.
(ii) Where the Client is short the relevant share, index or sector CFD position, Direct Markets Africa debits the Margin Transaction Account with an amount equivalent to overnight interest to the next trading date equal to the Direct Markets Africa Rollover Interest Rate on the Transaction Value.