Common use of Equity Value Clause in Contracts

Equity Value. The equity value is the amount of money a Client would have left in their account should all the Client’s open positions be closed out at the current market price less any interest, fees, or transaction charges. Free equity is the total of all the positions in the Client’s account less the margin requirement. Free equity can be used to open a new position or can be withdrawn from the Client account. DTS LLC may require the Client to maintain a minimum free equity balance in their account. DTS LLC reserves the right to vary the margin requirement applicable at any time.

Appears in 1 contract

Sources: Client Services Agreement

Equity Value. The equity value is the amount of money a Client would have left in their account should all of the Client’s Client‟s open positions be closed out at the current market price less any interest, fees, fees or transaction charges. Free equity is the total of all the positions in the Client’s Client‟s account less the margin requirement. Free equity can be used to open a new position or can be withdrawn from the Client account. DTS LLC LCM may require the Client to maintain a minimum free equity balance in their account. DTS LLC LCM reserves the right to vary the margin requirement applicable at any time.

Appears in 1 contract

Sources: Client Services Agreement