MARGIN AND DEPOSIT REQUIREMENTS. Client shall deposit with Paramount collateral or margin in such amounts that Paramount, in its sole discretion, may require. Margin requirements will vary dependent on the electronic trading system and products traded. Paramount may change margin requirements at any time. Client agrees to deposit by immediate wire transfer such additional margin when and as required by Paramount and will promptly meet all margin calls by such methods as Paramount in its sole discretion designates. Paramount may at any time proceed to liquidate Client's account in accordance with paragraph 10 below, and any failure by Paramount to enforce its rights hereunder shall not be deemed a waiver by Paramount to enforce its rights thereafter. No previous collateral or margin requirement by Paramount shall preclude Paramount from increasing that requirement without prior notice. ▇▇▇▇▇▇ calls are conclusive and binding unless objected to immediately in writing. Client understands that a margin call may occur even in instances where account positions are hedged, given spreads may widen as set forth in paragraph 7 herein, causing remaining margin to diminish. Should remaining margin be insufficient to maintain open positions, the account may sustain a margin call, closing out any open positions in the account.
Appears in 2 contracts
Sources: Individual Client Agreement, Corporate Client Agreement
MARGIN AND DEPOSIT REQUIREMENTS. Client shall deposit with Paramount The Company collateral or margin in such amounts that ParamountThe Company, in its sole discretion, may require. Margin requirements will vary dependent on the electronic trading system and products traded. Paramount The Company may change margin requirements at any time. Client agrees to deposit by immediate wire transfer such additional margin when and as required by Paramount The Company and will promptly meet all margin calls by such methods as Paramount The Company in its sole discretion designates. Paramount The Company may at any time proceed to liquidate Client's ’s account in accordance with paragraph 10 below, and any failure by Paramount The Company to enforce its rights hereunder shall not be deemed a waiver by Paramount The Company to enforce its rights thereafter. No previous collateral or margin requirement by Paramount The Company shall preclude Paramount The Company from increasing that requirement without prior notice. ▇▇▇▇▇▇ calls are conclusive and binding unless objected to immediately in writing. Client understands that a margin call may occur even in instances where account positions are hedged, given spreads may widen as set forth in paragraph 7 herein, causing remaining margin to diminish. Should remaining margin be insufficient to maintain open positions, the account may sustain a margin call, closing out any open positions in the account.
Appears in 2 contracts
Sources: Client Agreement, Client Agreement
MARGIN AND DEPOSIT REQUIREMENTS. Client shall deposit with Paramount The Company collateral or margin in such amounts that ParamountThe Company, in its sole discretion, may require. Margin requirements will vary dependent on the electronic trading system and products traded. Paramount The Company may change margin requirements at any time. Client agrees to deposit by immediate wire transfer payment methods which The Company will have available such additional margin when and as required by Paramount The Company and will promptly meet all margin calls by such methods as Paramount The Company in its sole discretion designates. Paramount The Company may at any time proceed to liquidate Client's ’s account in accordance with paragraph 10 below, and any failure by Paramount The Company to enforce its rights hereunder shall not be deemed a waiver by Paramount The Company to enforce its rights thereafter. No previous collateral or margin requirement by Paramount The Company shall preclude Paramount The Company from increasing that requirement without prior notice. ▇▇▇▇▇▇ calls are conclusive and binding unless objected to immediately in writing. Client understands that a margin call may occur even in instances where account positions are hedged, hedged and given spreads may widen as set forth in paragraph 7 herein, causing remaining margin to diminish. Should remaining margin be insufficient to maintain open positions, the account may sustain a margin call, closing out any open positions in the account.
Appears in 1 contract
Sources: Client Agreement