Common use of PARTICIPATION TERMINATION Clause in Contracts

PARTICIPATION TERMINATION. If the total equity in an Entrant’s account at any time falls below $1,500, Carrying Broker may liquidate any and all open positions and suspend further trading as a result of terms and procedures stated in a separately executed Auto Liquidation Acknowledgement. A new account may be established with new funds at any time. The Auto Liquidation Acknowledgement also authorizes Carrying Broker to liquidate all open positions and prohibit further trading for the rest of the day in the event that an account’s total equity falls 50% from the total equity that existed at the start of the trading day. In such circumstances, the account may resume trading in The Competition the following day.

PARTICIPATION TERMINATION. If the total equity in an Entrant’s account at any time falls below $1,5002,000, Carrying Broker may liquidate any and all open positions and suspend further trading as a result of terms and procedures stated in a separately executed Auto Liquidation AcknowledgementElectronic Trading Agreement. A new account may be established with new funds at any timetime subject to the aggregation of accounts for performance calculations as specified in paragraph 1. The Auto Liquidation Acknowledgement Electronic Trading Agreement also authorizes Carrying Broker to liquidate all open positions and prohibit further trading for the rest of the day in the event that an account’s total equity falls 50% from the total equity that existed at the start of the trading day. In such circumstances, the account may resume trading in The Competition the following day.

PARTICIPATION TERMINATION. If the total equity in an Entrant’s account at any time falls below $1,500, Carrying Broker may liquidate any and all open positions and suspend further trading terminate that acount’s participation in The Championship as a result of terms and procedures stated in a separately executed Auto Liquidation AcknowledgementElectronic Trading Agreement. A new account may be established with new funds at any time. The Auto Liquidation Acknowledgement Electronic Trading Agreement also authorizes Carrying Broker to liquidate all open positions and prohibit further trading for the rest of the day in the event that an account’s total equity falls 50% from the total equity that existed at the start of the trading day. In such circumstances, the account may resume trading in The Competition the following day.

PARTICIPATION TERMINATION. If the total equity in an Entrant’s account at any time falls below $1,5002,000, Carrying Broker may liquidate any and all open positions and suspend further trading as a result of terms and procedures stated in a separately executed Auto Liquidation Acknowledgement. A new account may be established with new funds at any time. The Auto Liquidation Acknowledgement also authorizes Carrying Broker to liquidate all open positions and prohibit further trading for the rest of the day in the event that an account’s total equity falls 50% from the total equity that existed at the start of the trading day. In such circumstances, the account may resume trading in The Competition the following day.

PARTICIPATION TERMINATION. If the total equity in an Entrant’s account at any time falls below $1,500, Carrying Broker may liquidate any and all open positions and suspend further trading terminate that account’s participation in The Championship as a result of terms and procedures stated in a separately executed Auto Liquidation AcknowledgementElectronic Trading Agreement. A new account may be established with new funds at any time. The Auto Liquidation Acknowledgement Electronic Trading Agreement also authorizes Carrying Broker to liquidate all open positions and prohibit further trading for the rest of the day in the event that an account’s total equity falls 50% from the total equity that existed at the start of the trading day. In such circumstances, the account may resume trading in The Competition the following day.