Common use of Margin Deposit Clause in Contracts

Margin Deposit. 6.8.1 Before trading (either long or short) a Contract, JDX may in its absolute discretion require a deposit of between 0 and 100% of the Contracts value in respect of any anticipated or existing Open Positions, which the Client has or will have with JDX to be paid by the Client to JDX; (“the Margin Deposit”). 6.8.2 Payment of the Margin Deposit by the Client to JDX must be made pursuant to paragraph 6.3 of this Agreement.

Appears in 2 contracts

Sources: Client Agreement, Client Agreement