Common use of Initial Margin Clause in Contracts

Initial Margin. Introducing Firm shall be responsible for the initial margin requirement for any transaction until such initial margin has been received by Clearing Agent in acceptable form.

Appears in 3 contracts

Sources: Fully Disclosed Clearing Agreement (Cowen Group, Inc.), Fully Disclosed Clearing Agreement (Cowen Group, Inc.), Fully Disclosed Clearing Agreement (Cowen Group, Inc.)