Margin Lending. 6.1. The Company provides a margin account for trading in stocks and ETFs, offering clients a loan to increase their buying power specifically for these securities. This is also referred to as Margin Lending. 6.2. The maximum level of Margin Lending varies according to the margin requirements of each financial instrument. The initial margin required to open a position is calculated as the position's value divided by the Margin Lending offered for that specific instrument. 6.3. For more information on the Margin Lending offered in all instruments offered by the Company please refer to the Margin Lending Policy on our website. 6.4. Using Margin Lending increases the potential for loss or profits. 6.5. You will be charged an Annual Interest rate on Margin that the Company has lent to you . The Company may change the Annual Interest rate from time to time at its sole discretion. 6.6. In deciding whether to open a position using Margin Lending, you acknowledge that you are aware of the Interest charge. You hereby authorize us to add or subtract the Interest charge to or from your Account for any open Transactions, in accordance with the applicable Interest rate . 6.7. The Company has the right to change the level of Margin Lending per financial instrument (i.e. lower/higher to be provided) without prior notice, according to the conditions described on the Margin Lending Policy which can be found at the Website of the Company. 6.8. An automatic change in the level of Margin Lending pursuant to the rules established by the Company, as well as a change in levels made by the Client through the App will result in a recalculation of the Margin requirements for all of the Client's positions. 6.9. The Company has the right: (a) To dynamically change the Margin level on the Client Accounts if the Company has ascertained that doing so will mitigate risks arising from extreme market movements due to significant events or announcements. This change will affect only order as well as the transactions to be opened after the announcement of changing of the leverage level of margin requirements. The Company will take all reasonable steps to inform its clients in a durable medium but it is always suggested to the clients to find the most accurate and recent information in the instruments info on the App. . (b) To limit the level of the offered Margin Lending and/or to increase the size of Margin requirements before macroeconomic events and/or news capable of significantly affecting the prices of financial instruments. (c) To limit the level of the offered Margin Lending and/or to increase the size of Margin requirements in order to comply with any necessary regulatory requirements that fall within the Company's jurisdiction or within the jurisdiction of the Client.
Appears in 1 contract
Sources: Client Agreement
Margin Lending. 6.1β
9.1. The Company provides a margin account for trading in stocks and ETFs, offering clients a loan to increase their buying power specifically for these securities. This is also referred to as Margin Lending.
6.29.2. The maximum level of Margin Lending varies according to the margin requirements of each financial instrument. The initial margin required to open a position is calculated as the position's value divided by the Margin Lending offered for that specific instrument.
6.39.3. For more information on the Margin Lending offered in all instruments offered by the Company please refer to the Margin Lending Policy on our website.
6.49.4. Using Margin Lending increases the potential for loss or profits.
6.59.5. You will be charged an Annual Interest rate on Margin that the Company has lent to you . The Company may change the Annual Interest rate from time to time at its sole discretion.
6.69.6. In deciding whether to open a position using Margin Lending, you acknowledge that you are aware of the Interest charge. You hereby authorize us to add or subtract the Interest charge to or from your Account for any open Transactions, in accordance with the applicable Interest rate rate.
6.79.7. The Company has the right to change the level of Margin Lending per financial instrument (i.e. lower/higher to be provided) without prior notice, according to the conditions described on the Margin Lending Policy which can be found at the Website of the Company.
6.89.8. An automatic change in the level of Margin Lending pursuant to the rules established by the Company, as well as a change in levels made by the Client through the App will result in a recalculation of the Margin requirements for all of the Client's positions.
6.99.9. The Company has the right:
(a) To dynamically change the Margin level on the Client Accounts if the Company has ascertained that doing so will mitigate risks arising from extreme market movements due to significant events or announcements. This change will affect only order as well as the transactions to be opened after the announcement of changing of the leverage margin lending level of margin requirements. The Company will take all reasonable steps to inform its clients in a durable medium but it is always suggested to the clients to find the most accurate and recent information in the instruments info on the App. .
(b) To limit the level of the offered Margin Lending and/or to increase the size of Margin requirements before macroeconomic events and/or news capable of significantly affecting the prices of financial instruments.
(c) To limit the level of the offered Margin Lending and/or to increase the size of Margin requirements in order to comply with any necessary regulatory requirements that fall within the Company's jurisdiction or within the jurisdiction of the Client.
Appears in 1 contract
Sources: Client Agreement