Common use of Mandatory position closure Clause in Contracts

Mandatory position closure. 8.2.1 If the margin level of the trading account falls below a certain percentage, described in the specification of the trading account on the Company's website, the Client receives a warning from the trading platform (Margin call). In the event that the Client did not ensure the maintenance of open positions by depositing funds, the Company has the right to close the Client's open positions (Stop out). Closing is executed at the current market quote. If the Client has several open positions, the position with the largest floating loss will be closed first. 8.2.2 In the event that Stop Out results in a negative account balance, this does not entail any repayment of the debt by the Client and cannot be considered as such. The company compensates the account balance to zero.

Mandatory position closure. 8.2.1 If the margin level of the trading account falls below a certain percentage, described in the specification of the trading account on the Company's website, the Client receives a warning from the trading platform (Margin call). In the event that the Client did not ensure the maintenance of open positions by depositing funds, the Company has the right to close the Client's open positions (Stop out). Closing is executed at the current market quote. If the Client has several open positions, the position with the largest floating loss will be closed first. 8.2.2 In the event that Stop Out results in a negative account balance, this does not entail any repayment of the debt by the Client and cannot be considered as such. The company Company compensates the account balance to zero.