Common use of Margin Interest Clause in Contracts

Margin Interest. I/We agree to be charged an interest of 0.90 % per month plus applicable value-added tax (VAT) accrued daily based on my/our account’s debit balance by end of previous trading day. The above interest shall be debited from my/our account on a monthly basis, and subject to change without prior notice at FMSBC’s sole and absolute discretion.

Appears in 3 contracts

Samples: Margin Trading Agreement, Margin Trading Agreement, Margin Trading Agreement

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Margin Interest. I/We agree to be charged an interest of 0.90 1.25 % per month plus applicable value-added tax (month, + 12% VAT) accrued , which is subject to change without prior notice, at FMSBC’s sole and absolute discretion This is computed daily based on my/our account’s average debit balance by end of previous trading day. The above interest shall be and debited from my/our account on a monthly basis, and subject to change without prior notice at FMSBC’s sole and absolute discretion.

Appears in 1 contract

Samples: Margin Trading Agreement

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