Close Position definition
Close Position means deal of purchase (sale) covered by the opposite sale (purchase) of the contract.
Close Position means deal of purchase (sale) covered by the opposite sale (purchase) of the contract
Close Position. The Customer has the right to close out part or all of the original transaction with a reversing transaction.
Examples of Close Position in a sentence
Close Position - deal of purchase (sale) covered by the opposite sale (purchase) of the contract.
The derivatives agent may also include Forced Close Position as an additional term in a Contract Appointing Derivatives Brokerage or its trading regulation that is when the Client’s balance in its margin account drops to the Forced Close Level, the derivatives agent will call the Client to deposit additional margin during trading hours.
If the Client does not provide the required margin within the time set out in the agreement or the regulation, the derivative agent is entitled to close out the Client’s position, and the Client will be liable for any resulting loss from such Forced Close Position.
More Definitions of Close Position
Close Position means deal of purchase (sale) covered by the opposite sale (purchase) of the contract. “Company’s website” means the following website is ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇.▇▇