Common use of Margin Loans Clause in Contracts

Margin Loans. If I want margin credit, I shall complete and execute appropriate applications and agreements for margin credit to be provided by ▇▇▇▇▇▇▇▇. I understand that the application will be subject to acceptance. For information on the benefits, costs, and risks of margin, see Pershing’s Margin Agreement and Disclosure, available upon request. Margin may not be available in all accounts types. For more information please contact your HSBC Securities representative or HSBC Securities at the phone number listed at the beginning of this agreement.