Margin Deposit. 10.2.1. In order to enter into a Transaction, you undertake to provide the initial Margin in your trading account. It is your responsibility to ensure you have sufficient funds deposited in your trading account before we execute your transaction. 10.2.2. After entering into a Transaction, you are obliged to ensure enough deposit amount in your trading accounts to meet the maintenance margin requirement. 10.2.3. AC Capital Market may at its absolute discretion require a percentage of the contract’s value in respect of any anticipated Open Positions which the Client will have with us as the initial margin before we execute a contract. 10.2.4. AC Capital Market may at its absolute discretion require a percentage of the contract’s value in respect of any existing Open Positions which the Client has with us as the maintenance Margin. 10.2.5. Unless agreed or specified by us in written, the margin deposit received by us is required in your account denominated currency. Additional cost or commission incurred from currency conversion will be passed on to you where you made a payment to us in a different currency from your account denominated currency.
Appears in 1 contract
Sources: Client Agreement
Margin Deposit. 10.2.1. 9.2.1 In order to enter into a Transactiontransaction, you undertake to provide the initial Initial Margin in your their trading account. It is your responsibility to ensure you have sufficient funds deposited in your trading account before we execute your transaction.
10.2.2. 9.2.2 After entering into a Transactiontransaction, you are obliged to ensure enough deposit amount in your their trading accounts to meet the maintenance margin requirement.
10.2.3. 9.2.3 AC Capital Market may at its absolute discretion require a percentage of the contract’s value in respect of any anticipated Open Positions which the Client will have with us as the initial margin Initial Margin before we execute a contract.
10.2.4. 9.2.4 AC Capital Market may at its absolute discretion require a percentage of the contract’s value in respect of any existing Open Positions which the Client has with us as the maintenance Maintenance Margin.
10.2.5. 9.2.5 Unless agreed or specified by us in written, the margin deposit received by us is required in your account denominated currency. Additional cost or commission incurred from currency conversion will be passed on to you where you made a payment to us in a different currency from your account denominated currency.
Appears in 1 contract
Sources: Client Agreement