Margin Close Out definition

Margin Close Out means the closure of open positions when the sum of funds in a Trading Account:
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Margin Close Out means the percentage of the margin required for a client account to hold open CFD positions. A Margin Level of up to 50% is required at which the Company will automatically close one or more positions at market prices where the stop out level is reached. By applying a close-out rule at 50% margin call, limits the risk of any substantial loss by a client when the sum of funds in the trading CFD account and the unrealized net profits of all open CFDs connected to the Client.
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Margin Close Out means the percentage of the Margin required for a client account to hold open CFD positions. At a Margin Level of 20% is required at which the
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Examples of Margin Close Out in a sentence

  • If the Margin Level for your Account reaches or falls below the Margin Close Out Level, this will be classified as an Event of Default under clause 17.

  • In such circumstances we may, among other things, (i) close all or any of your Open Positions immediately and without notice, and/or (ii) refuse to execute new Trades until your Margin Level exceeds the Margin Close Out Level.

  • It is your responsibility to monitor your Account(s) at all times and to maintain your Margin Level above the Margin Close Out Level.

  • We have the right to change this Margin Close Out level at our discretion.

  • This means that if your Margin Level falls below the Margin Close Out level of 50%, you will receive a stop out and your open positions will start liquidating, without any notice by us to you, starting from the position with the highest losses.

  • It is your responsibilityto monitor your Account(s) at all times and to maintain your Margin Level above the Margin Close Out Level.

  • The process that we normally put into effect upon your Margin Close Out Level being triggered is set out below.

  • If your Margin Close Out Level is triggered, we shall in the first instance cancel all your working Orders to reduce your Total Margin Required on your Account.

  • This means that if your Margin Level reaches or falls below the Margin Close Out level of 50%, you will receive a stop out and your open positions will start liquidating, without any notice by us to you, starting from the position with the highest losses.

  • Margin Close out Level (Stop Out) Stop Out Level is when your Margin Level falls to a specific percentage (%) level in which all your open positions are closed automatically (“liquidated”) If your Margin Covered Percentage is at or below the Margin Close Out Level, this is an Event of Default under our Terms of Business, and we will be entitled to cancel any of your working Orders and/or close all or any of your open trades without notice to you.


More Definitions of Margin Close Out

Margin Close Out or “Stop-out level” means the automatic closure of one or more of a Client’s open CFDs, when the sum of funds (i.e., equity) in the Account of Retail Clients (including the unrealized net profits of all open CFDs connected to that Account) falls to 50% or less of the total Margin Level required to maintain open positions. In other words, the Stop-out Level for all trading accounts held by retail Clients is equal to 50% of the Margin Level required to maintain open positions. The Stop-out level for Professional Clients falls to 20% or less of the total Margin Level required to maintain open positions.
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Margin Close Out means the percentage of the Margin required for a client account to hold open CFD positions. At a Margin Level of 20% is required at which the Company will automatically close one or more positions at market prices where the stop out level is reached. By applying a close-out rule at 20% margin call, limits the risk of any substantial loss by a client when the sum of funds in the trading CFD account and the unrealized net profits of all open CFDs connected to the Client.
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Margin Close Out means the percentage where positions will be liquidated once your Cash Usage reaches 200% (Skilling Trader), or your Margin Level reaches 50% (cTrader).
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Margin Close Out means the percentage of the Margin required for a client account to hold open CFD positions. At a Margin Level of 20%, the Company will automatically close one or more positions at market prices where the Margin Close Out level is reached in order to prevent account losses going into negative territory.
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Related to Margin Close Out

  • Close Out means the termination, cancellation, liquidation, acceleration, or other similar action with respect to all transactions under one or more Contracts.

  • Close-out Amount means, with respect to each Terminated Transaction or each group of Terminated Transactions and a Determining Party, the amount of the losses or costs of the Determining Party that are or would be incurred under then prevailing circumstances (expressed as a positive number) or gains of the Determining Party that are or would be realised under then prevailing circumstances (expressed as a negative number) in replacing, or in providing for the Determining Party the economic equivalent of, (a) the material terms of that Terminated Transaction or group of Terminated Transactions, including the payments and deliveries by the parties under Section 2(a)(i) in respect of that Terminated Transaction or group of Terminated Transactions that would, but for the occurrence of the relevant Early Termination Date, have been required after that date (assuming satisfaction of the conditions precedent in Section 2(a)(iii)) and (b) the option rights of the parties in respect of that Terminated Transaction or group of Terminated Transactions. Any Close-out Amount will be determined by the Determining Party (or its agent), which will act in good faith and use commercially reasonable procedures in order to produce a commercially reasonable result. The Determining Party may determine a Close-out Amount for any group of Terminated Transactions or any individual Terminated Transaction but, in the aggregate, for not less than all Terminated Transactions. Each Close-out Amount will be determined as of the Early Termination Date or, if that would not be commercially reasonable, as of the date or dates following the Early Termination Date as would be commercially reasonable. Unpaid Amounts in respect of a Terminated Transaction or group of Terminated Transactions and legal fees and out-of-pocket expenses referred to in Section 11 are to be excluded in all determinations of Close-out Amounts. In determining a Close-out Amount, the Determining Party may consider any relevant information, including, without limitation, one or more of the following types of information:—

  • Close-Out Date means a day on which, pursuant to the provisions of Section 8.1, the Non-Defaulting Party closes out Currency Obligations and/or Options or such close-out occurs automatically. "Closing Gain", as to the Non-Defaulting Party, means the difference described as such in relation to a particular Value Date under the provisions of Section 8.1.

  • Secondary Market Transaction has the meaning set forth in Section 5.5.

  • Time-out means a behavioral intervention in which a student is temporarily removed from a learning activity without being secluded.

  • Unwind Period For any Cash Settlement or Net Share Settlement, the period starting on the First Unwind Date for such Settlement and ending on the Valuation Date for such Settlement.

  • IPO Closing means the initial closing of the sale of the Class A Common Stock in the IPO.

  • Close-out Report means a report from the Grantee allowing the Grantor to determine whether all applicable administrative actions and required work have been completed, and therefore closeout actions can commence.

  • Commercial Close means the date the Project Agreement is signed by the Preferred Proponent and the Signing Parties;

  • Put Closing shall have the meaning set forth in Section 2.3.8.

  • Debt Purchase Transaction means, in relation to a person, a transaction where such person:

  • First Closing has the meaning set forth in Section 2.1(a).

  • Margin Account means a segregated account in the name of a broker, dealer, futures commission merchant, or a Clearing Member, or in the name of the Fund for the benefit of a broker, dealer, futures commission merchant, or Clearing Member, or otherwise, in accordance with an agreement between the Fund, the Custodian and a broker, dealer, futures commission merchant or a Clearing Member (a "Margin Account Agreement"), separate and distinct from the custody account, in which certain Securities and/or money of the Fund shall be deposited and withdrawn from time to time in connection with such transactions as the Fund may from time to time determine. Securities held in the Book-Entry System or the Depository shall be deemed to have been deposited in, or withdrawn from, a Margin Account upon the Custodian's effecting an appropriate entry in its books and records.

  • Closing Transactions has the meaning set forth in Section 11.8(a)(i) of these Bylaws.

  • repurchase transaction means a transaction governed by an agreement by which a counterparty transfers securities or guaranteed rights relating to title to securities where that guarantee is issued by a recognised exchange which holds the rights to the securities and the agreement does not allow a counterparty to transfer or pledge a particular security to more than one counterparty at a time, subject to a commitment to repurchase them, or substituted securities of the same description at a specified price on a future date specified, or to be specified, by the transferor, being a repurchase agreement for the counterparty selling the securities and a reverse repurchase agreement for the counterparty buying them;

  • Open Market Purchase shall have the meaning specified in Section 2(I)

  • Hedge or “hedging” means a strategy used to offset or reduce the risk associated with an investment or a group of investments.

  • Financial Close means the Capacity Market Seller has demonstrated that the Capacity Market Seller or its agent has completed the act of executing the material contracts and/or other documents necessary to (1) authorize construction of the project and (2) establish the necessary funding for the project under the control of an independent third-party entity. A sworn, notarized certification of an independent engineer certifying to such facts, and that the engineer has personal knowledge of, or has engaged in a diligent inquiry to determine, such facts, shall be sufficient to make such demonstration. For resources that do not have external financing, Financial Close shall mean the project has full funding available, and that the project has been duly authorized to proceed with full construction of the material portions of the project by the appropriate governing body of the company funding such project. A sworn, notarized certification by an officer of such company certifying to such facts, and that the officer has personal knowledge of, or has engaged in a diligent inquiry to determine, such facts, shall be sufficient to make such demonstration.

  • Listings Requirements means the listings requirements of the JSE from time to time;

  • Applicable Closing Date Has the meaning specified in Section 5.01(b) of this Trust Supplement.

  • Financial Closure or Project Financing Arrangements means the agreements pursuant to which the SPG has sought financing for the Power Project including the loan agreements, security documents, notes, indentures, security agreements, letters of credit and other documents, as may be amended, modified, or replaced from time to time, but without in anyway increasing the liabilities of JDVVNL.

  • Close of Escrow means the date of the close of escrow between the builder and the original homeowner. With respect to claims by an association, as defined in Section 4080, “close of escrow” means the date of substantial completion, as defined in Section 337.15 of the Code of Civil Procedure, or the date the builder relinquishes control over the association’s ability to decide whether to initiate a claim under this title, whichever is later.

  • Closings means the one or more closings of the purchase and sale of the Securities pursuant to Section 2.2.

  • JSE Listings Requirements means the Listings Requirements of the JSE applicable from time to time;

  • IPO Closing Date means the closing date of the IPO.