Examples of Marginable Securities in a sentence
You further agree that such increase or revocation shall be without prejudice to any of OSPL’s rights under these terms and conditions, including the right to liquidate the Marginable Securities.
Reclassification and margin rerating of the Marginable Securities may be done by FirstMetroSec at any time and may cause Margin calls.
Upon the demand of OSPL, you shall substitute any of the Marginable Securities with cash or another form of security or Collateral in such form that is acceptable to OSPL.
For the avoidance of doubt, OSPL shall not be obliged with respect to any of your Marginable Securities or other property to retain the same in the possession or control of OSPL (being entitled to treat all of the same as fungibles) or to retain for the duration of your account with OSPL like Marginable Securities or property of equivalent amount.
CONFORME: Customer Signature over Printed Name Date ANNEX A: Marginable Securities These are stocks which can be used as collateral in your Margin account, as determined by FirstMetroSec.