Margining Arrangements. The client shall pay to GCG on demand: i) such sums of money by way of deposits or as initial margin or variation margin as GCG may require.
Margining Arrangements. Where IF effects or arranges a transaction or the Client effects or arranges a transaction through IF’s Electronic Services, the Client should note that, depending upon the nature of the Transaction and the Client’s account, the Client may be liable to make further payments when the transaction fails to be completed or upon the earlier settlement or closing out of the Client’s position. The Client may be required to make further variable payments by way of margin against the purchase price of the investment, instead of paying (or receiving) the whole purchase (or sale) price immediately. The movement in the market price of the Client’s investment will affect the amount of margin payment the Client will be required to make. 9.7.1 Margin call: The Client agrees to pay IF on demand such sums by way of margin as are required from time to time as IF may in its discretion reasonably require for the purpose of protecting themselves against loss or risk of loss on present, future or contemplated transactions under any agreement. Please note that in the event that the Client fails to meet a margin call, IF may immediately close out the position. XXXXXXXXX INVESTMENT LTD HEAD OFFICE ADDRESS: 88 Arch. Xxxxxxxx XXX, 0xx Xxxxx, 0000 Xxxxxxx, Xxxxxx PHONE: +000 00 000 000 CLIENT LINE: +000 00 000 000 FAX: +000 00 000 000 EMAIL: xxxx@xxxxxxxxxx.xxx Page | 22 of 42
Margining Arrangements
