Sub-Accounts. 5.1. If you operate Sub Accounts and opposite Positions are opened on different Sub Accounts, the Positions will not cancel each other out. You acknowledge that unless each Position is closed manually, all open Positions may be rolled over on a continuous basis and thereby continue to pay or receive the applicable Swap Charge on each Position. 5.2. Keeping opposite Positions open on Sub Accounts (including opposite Positions within the same trading account) will result in both Positions being continuously rolled over. Each Position is therefore subject to applicable financing costs (Referred to as a Swap Charge or Swap Credit in the Trading Platform) until each Position is manually closed. 5.3. If you have opened more than one Trading Account, Margin deposited on one Trading Account does not provide Margin coverage on the other Trading Account(s). You may therefore receive Margin Calls and stop-outs on one account despite having additional Margin available on other Sub Accounts. 5.4. However, if you have deposited money on one Sub Account, Place a Trade may, in its reasonable discretion, transfer money from one account to another (inter-account transfer), even if the transfer will necessitate the closing of trades on the Trading Account from which the transfer takes place. An example of when we might do this includes, but is not limited to, when a Sub Account’s Equity is negative. You acknowledge, and will not hold us liable for, any losses incurred as a result of us exercising our discretion in accordance with this provision. Where Negative Balance Protection applies, we will utilise funds in your Sub Accounts before applying a credit in a Trading Account that is negative.
Appears in 2 contracts
Sources: Client Agreement, Client Agreement
Sub-Accounts. 5.1. If you operate Sub Accounts and opposite Positions are opened on different Sub Accounts, the Positions will not cancel each other out. You acknowledge that unless each Position is closed manually, all open Positions may be rolled over on a continuous basis and thereby continue to pay or receive the applicable Swap Charge on each Position.
5.2. Keeping opposite Positions open on Sub Accounts (including opposite Positions within the same trading account) will result in both Positions being continuously rolled over. Each Position is therefore subject to applicable financing costs (Referred to as a Swap Charge or Swap Credit in the Trading Platform) until each Position is manually closed.
5.3. If you have opened more than one Trading Account, Margin deposited on one Trading Account does not provide Margin coverage on the other Trading Account(s). You may therefore receive Margin Calls and stop-outs on one account despite having additional Margin available on other Sub Accounts.
5.4. However, if you have deposited money on one Sub Account, Place a Trade Blueberry Markets may, in its reasonable discretion, transfer money from one account to another (inter-account transfer), even if the transfer will necessitate the closing of trades on the Trading Account from which the transfer takes place. An example of when we might do this includes, but is not limited to, when a Sub Account’s Equity is negative. You acknowledge, and will not hold us liable for, any losses incurred as a result of us exercising our discretion in accordance with this provision. Where Negative Balance Protection applies, we will utilise funds in your Sub Accounts before applying a credit in a Trading Account that is negative.
Appears in 1 contract
Sources: Client Agreement
Sub-Accounts. 5.1. 5.1 If you operate Sub Accounts and opposite Positions are opened on different Sub Accounts, the Positions will not cancel each other out. You acknowledge that unless each Position is closed manually, all open Positions to trade; may be rolled over on a continuous basis and thereby continue to pay or receive the applicable Swap Charge on each Position.
5.2. 5.2 Keeping opposite Positions open on Sub Accounts (including opposite Positions within the same trading account) will result in both Positions being continuously rolled over. Each Position is therefore subject to applicable financing costs (Referred to as a Swap Charge or Swap Credit in the Trading Platform) until each Position is manually closed.
5.3. 5.3 If you have opened more than one Trading Account, Margin deposited on one Trading Account does not provide Margin coverage on the other Trading Account(s). You may therefore receive Margin Calls and stop-outs on one account despite having additional Margin available on other Sub Accounts.
5.4. 5.4 However, if you have deposited money on one Sub Account, Place a Trade Blueberry Markets may, in its reasonable discretion, transfer money from one account to another (inter-account transfer), even if the transfer will necessitate the closing of trades on the Trading Account from which the transfer takes place. An example of when we might do this includes, but is not limited to, when a Sub Account’s Equity is negative. You acknowledge, and will not hold us liable for, any losses incurred as a result of us exercising our discretion in accordance with this provision. Where Negative Balance Protection applies, we will utilise funds in your Sub Accounts before applying a credit in a Trading Account that is negative.
Appears in 1 contract
Sources: Client Agreement
Sub-Accounts. 5.1. If you operate Sub Accounts and opposite Positions are opened on different Sub Accounts, the Positions will not cancel each other out. You acknowledge that unless each Position is closed manually, all open Positions may be rolled over on a continuous basis and thereby continue to pay or receive the applicable Swap Charge on each Position.
5.2. Keeping opposite Positions open on Sub Accounts (including opposite Positions within the same trading account) will result in both Positions being continuously rolled over. Each Position is therefore subject to applicable financing costs (Referred to as a Swap Charge or Swap Credit in the Trading Platform) until each Position is manually closed.
5.3. If you have opened more than one Trading Account, Margin deposited on one Trading Account does not provide Margin coverage on the other Trading Account(s). You may therefore receive Margin Calls and stop-outs on one account despite having additional Margin available on other Sub Accounts.
5.45.3. However, if you have deposited money on one Sub Account, Place a Trade Blueberry Markets may, in its reasonable discretion, transfer money from one account to another (inter-account transfer), even if the transfer will necessitate the closing of trades on the Trading Account from which the transfer takes place. An example of when we might do this includes, but is not limited to, when a Sub Account’s Equity is negative. You acknowledge, and will not hold us liable for, any losses incurred as a result of us exercising our discretion in accordance with this provision. Where Negative Balance Protection applies, we will utilise funds in your Sub Accounts before applying a credit in a Trading Account that is negative.
Appears in 1 contract
Sources: Client Agreement
Sub-Accounts. 5.1. If you operate Sub Accounts and opposite Positions are opened on different Sub Accounts, the Positions will not cancel each other out. You acknowledge that unless each Position is closed manually, all open Positions may be rolled over on a continuous basis and thereby continue to pay or receive the applicable Swap Charge on each Position.
5.2. Keeping opposite Positions open on separate Sub Accounts (including opposite Positions within the same trading account) will result in both Positions being continuously rolled over. Each Position is therefore subject to applicable financing costs (Referred to as a Swap Charge or Swap Credit in the Trading Platform) until each Position is manually closed.
5.3. If you have opened more than one Trading Account, Margin deposited on one Trading Account does not provide Margin coverage on the other Trading Account(s). You may therefore receive Margin Calls and stop-outs on one account despite having additional Margin available on other Sub Accounts.
5.4. However, if you have deposited money on one Sub Account, Place a Trade DNA Markets may, in its reasonable discretion, transfer money from one account to another (inter-inter- account transfer), even if the transfer will necessitate the closing of trades on the Trading Account from which the transfer takes place. An example of when we might do this includes, but is not limited to, when a Sub Account’s Equity is negative. You acknowledge, and will not hold us liable for, any losses incurred as a result of us exercising our discretion in accordance with this provision. Where Negative Balance Protection applies, we will utilise funds in your Sub Accounts before applying a credit in a Trading Account that is negative.
Appears in 1 contract
Sources: Client Agreement
Sub-Accounts. 5.1. If you operate Sub Accounts and opposite Positions are opened on different Sub Accounts, the Positions will not cancel each other out. You acknowledge that unless each Position is closed manually, all open Positions may be rolled over on a continuous basis and thereby continue to pay or receive the applicable Swap Charge on each Position.
5.2. Keeping opposite Positions open on Sub Accounts (including opposite Positions within the same trading account) will result in both Positions being continuously rolled over. Each Position is therefore subject to applicable financing costs (Referred to as a Swap Charge or Swap Credit in the Trading Platform) until each Position is manually closed.
5.3. If you have opened more than one Trading Account, Margin deposited on one Trading Account does not provide Margin coverage on the other Trading Account(s). You may therefore receive Margin Calls and stop-outs on one account despite having additional Margin available on other Sub Accounts.
5.4. However, if you have deposited money on one Sub Account, Place a Trade Focus may, in its reasonable discretion, transfer money from one account to another (inter-account transfer), even if the transfer will necessitate the closing of trades on the Trading Account from which the transfer takes place. An example of when we might do this includes, but is not limited to, when a Sub Account’s Equity is negative. You acknowledge, and will not hold us liable for, any losses incurred as a result of us exercising our discretion in accordance with this provision. Where Negative Balance Protection applies, we will utilise funds in your Sub Accounts before applying a credit in a Trading Account that is negative.
Appears in 1 contract
Sources: Client Agreement
Sub-Accounts. 5.1. If you operate Sub Accounts and opposite Positions are opened on different Sub Accounts, the Positions will not cancel each other out. You acknowledge that unless each Position is closed manually, all open Positions may be rolled over on a continuous basis and thereby continue to pay or receive the applicable Swap Charge on each Position.
5.2. Keeping opposite Positions open on Sub Accounts (including opposite Positions within the same trading account) will result in both Positions being continuously rolled over. Each Position is therefore subject to applicable financing costs (Referred to as a Swap Charge or Swap Credit in the Trading Platform) until each Position is manually closed.
5.3. If you have opened more than one Trading Account, Margin deposited on one Trading Account does not provide Margin coverage on the other Trading Account(s). You may therefore receive Margin Calls and stop-outs on one account despite having additional Margin available on other Sub Accounts.
5.4. However, if you have deposited money on one Sub Account, Place a Trade Eightcap may, in its reasonable discretion, transfer money from one account to another (inter-account transfer), even if the transfer will necessitate the closing of trades on the Trading Account from which the transfer takes place. An example of when we might do this includes, but is not limited to, when a Sub Account’s Equity is negative. You acknowledge, and will not hold us liable for, any losses incurred as a result of us exercising our discretion in accordance with this provision. Where Negative Balance Protection applies, we will utilise funds in your Sub Accounts before applying a credit in a Trading Account that is negative.
Appears in 1 contract
Sources: Client Agreement
Sub-Accounts. 5.1. If you operate Sub Accounts and opposite Positions are opened on different Sub Accounts, the Positions will not cancel each other out. You acknowledge that unless each Position is closed manually, all open Positions may be rolled over on a continuous basis and thereby continue to pay or receive the applicable Swap Charge on each Position.
5.2. Keeping opposite Positions open on Sub Accounts (including opposite Positions within the same trading account) will result in both Positions being continuously rolled over. Each Position is therefore subject to applicable financing costs (Referred to as a Swap Charge or Swap Swap
5.3. Credit in the Trading Platform) until each Position is manually closed.
5.3. If you have opened more than one Trading Account, Margin deposited on one Trading Account does not provide Margin coverage on the other Trading Account(s). You may therefore receive Margin Calls and stop-outs on one account despite having additional Margin available on other Sub Accounts.
5.4. However, if you have deposited money on one Sub Account, Place a Trade Blueberry Markets may, in its reasonable discretion, transfer money from one account to another (inter-account transfer), even if the transfer will necessitate the closing of trades on the Trading Account from which the transfer takes place. An example of when we might do this includes, but is not limited to, when a Sub Account’s Equity is negative. You acknowledge, and will not hold us liable for, any losses incurred as a result of us exercising our discretion in accordance with this provision. Where Negative Balance Protection applies, we will utilise funds in your Sub Accounts before applying a credit in a Trading Account that is negative.
Appears in 1 contract
Sources: Client Agreement