Initial Margin. Initial Margin is the amount debited from the Client account as soon as a new position is opened or an order is placed to open a new position. This acts as a security buffer and protects us in the event of Client default. Typically Fidelcrest will require an Initial Margin calculated as a percentage of the contract value. The Initial Margin will vary depending on the Contact traded. The initial margin is determined at Fidelcrest discretion mostly by the liquidity of the underlying asset on which the product is based. Once the Client is trading, the daily statement will show the Margin requirement for Total Margin Requirement i.e. combined Margins of all Contracts. Fidelcrest advises the Initial Margin rates on the website and electronic trading platform. Initial Margin is debited from the Client Account at the the time a Pending Order is executed, if there is not sufficient equity the Pending Order will not be executed and will be deleted.
Appears in 1 contract
Sources: Client Agreement
Initial Margin. Initial Margin is the amount debited from the Client account as soon as a new position is opened or an order is placed to open a new position. This acts as a security buffer and protects us in the event of Client default. Typically Fidelcrest LCM will require an Initial Margin calculated as a percentage of the contract value. The Initial Margin will vary depending on the Contact traded. The initial margin is determined at Fidelcrest LCM‟s discretion mostly by the liquidity of the underlying asset on which the product is based. Once the Client is trading, the daily statement will show the Margin requirement for Total Margin Requirement i.e. combined Margins of all Contracts. Fidelcrest LCM advises the Initial Margin rates on the website and electronic trading platform. Initial Margin is debited from the Client Account at the the time a Pending Order is executed, if there is not sufficient equity the Pending Order will not be executed and will be deleted.
Appears in 1 contract
Sources: Client Services Agreement
Initial Margin. Initial Margin is the amount debited from the Client account as soon as a new position is opened or an order is placed to open a new position. This acts as a security buffer and protects us in the event of Client default. Typically Fidelcrest Lucror will require an Initial Margin calculated as a percentage of the contract value. The Initial Margin will vary depending on the Contact traded. The initial margin is determined at Fidelcrest Lucror’s discretion mostly by the liquidity of the underlying asset on which the product is based. Once the Client is trading, the daily statement will show the Margin requirement for Total Margin Requirement i.e. combined Margins of all Contracts. Fidelcrest Lucror advises the Initial Margin rates on the website and electronic trading platform. Initial Margin is debited from the Client Account at the the time a Pending Order is executed, if there is not sufficient equity the Pending Order will not be executed and will be deleted.
Appears in 1 contract
Sources: General Terms and Conditions
Initial Margin. Initial Margin is the amount debited from the Client account as soon as a new position is opened opened, or an order is placed to open a new position. This acts as a security buffer and protects us in the event of Client default. Typically Fidelcrest Typically, DTS LLC will require an Initial Margin calculated as a percentage of the contract value. The Initial Margin will vary depending on the Contact traded. The initial margin is determined at Fidelcrest DTS LLC discretion mostly by the liquidity of the underlying asset on which the product is based. Once the Client is trading, the daily statement will show the Margin requirement for Total Margin Requirement i.e. combined Margins of all Contracts. Fidelcrest DTS LLC advises the Initial Margin rates on the website and electronic trading platform. Initial Margin is debited from the Client Account at the the time a Pending Order is executed, executed if there is not sufficient equity the Pending Order will not be executed and will be deleted.
Appears in 1 contract
Sources: Client Services Agreement