Common use of CLOSURE OF POSITIONS Clause in Contracts

CLOSURE OF POSITIONS. 1Without prejudice to any other provisions herein, the Client understands, and agrees herewith that the Company reserves the right to close Client open positions automatically if their equity falls below 50% of the margin requirement (Stop Out Level of 50%), in compliance with European regulatory obligations. Such open positions are closed at the current market price. The Company has also the right to refuse new Orders.

CLOSURE OF POSITIONS. 1Without ‌ 17.1. Without prejudice to any other provisions herein, the Client understands, and agrees herewith that the Company reserves the right to close Client open positions automatically if their equity falls below 50% of the margin requirement (Stop Out Level of 50%)requirement, in compliance with European regulatory obligations. Such open positions are closed at the current market price. 17.2. The Company has also aims to notify the right to refuse new Orders.Client that they are on margin call before the Company starts automatically closing such open positions by sending a notification e-mail when the Client’s equity falls below 100%. However, as markets move fast, the Client understands and agrees

CLOSURE OF POSITIONS. 20. 1Without prejudice to any other provisions herein, the Client understands, and agrees herewith that the Company reserves the right to close Client open positions automatically if their equity falls below 50% of the margin requirement (Stop Out Level of 50%), in compliance with European regulatory obligations. Such open positions are closed at the current market price. The Company has also the right to refuse new Orders.