Force Close Margin definition
Force Close Margin means the Margin threshold set as a trigger point for the Company to close the position of the contract and/or enforce the repayment immediately if the Margin value is less than the threshold provided;
Force Close Margin means the minimum amount of assets that the Client shall have to maintain through out the period in which any of the Futures is in effect as security for or as payment under the Trading of Futures at the rate and/or value stipulated by the Company, where such required minimum amount may be subject to changes by the Company as it deems appropriate without having to give a prior notice to the Client.
Force Close Margin means minimum properties that the Client shall maintain for the purchase or sale of Derivatives. If the balance in the margin account is below the force close margin, the Client will be called to deposit an additional fund before 16.55 hrs. otherwise the Client’s position shall be closed out. ⮚ The Company shall set the rate of each type of margin by considering the type of Derivatives and the fluctuation of the market at the rate not less than minimum rate stipulated by the Regulators