Common use of LIQUIDATION LEVEL Clause in Contracts

LIQUIDATION LEVEL. Subject to all additional rights of AMarkets under the Customer Agreement, in the event that, in the sole opinion of AMarkets and in accordance with AMarkets’s reasonable best estimate of then prevailing obtainable market Spot Rates, and regardless of whether or not prior Margin Calls have been issued or met, if the Margin Balance should at any time equal or fall below the Minimum Margin Requirement for Customer’s Account in the aggregate, AMarkets will have the right but not the obligation to liquidate any part of or all Open Positions in Customer’s Account. Customers are responsible for placing their own Stop Loss Orders to minimize losses. Any failure by AMarkets to enforce its rights hereunder shall not be deemed a future waiver of such rights by AMarkets.

LIQUIDATION LEVEL. Subject to all additional rights of AMarkets under the Customer Agreement, in the event that, in the sole opinion of AMarkets and in accordance with AMarketsAF Markets’s reasonable best estimate of then prevailing obtainable market Spot Rates, and regardless of whether or not prior Margin Calls have been issued or met, if the Margin Balance should at any time equal or fall below the Minimum Margin Requirement for Customer’s Account in the aggregate, AMarkets will have the right but not the obligation to liquidate any part of or all Open Positions in Customer’s Account. Customers are responsible for placing their own Stop Loss Orders to minimize losses. Any failure by AMarkets to enforce its rights hereunder shall not be deemed a future waiver of such rights by AMarkets.