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Outstanding positions will withstand 24-hour ups and downs of price in the market. Although the amount of margin is small, it can leverage huge amounts of funds. In case clients make an error in judging the trend of Fx trading market, we will not ask our clients to pay more margin to avoid losses exceeding the margin due to fierce market fluctuation; instead, we has an auto liquidation system to practically help our clients realize risk management.
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Personal and corporate accounts:
From opening to closing of Fx trading market on trading days, if a client’s margin maintenance rate (effective margin/necessary margin) of outstanding positions hasn’t dropped down below 15%, the client can decide whether to make a call margin, voluntarily close the position or continue to hold the position. However, if the maintenance rate of necessary margin for maintaining the outstanding positions (effective margin/necessary margin for maintenance) is short of 100%, the trading system will automatically enforce settlement of all or part of outstanding positions using the close price of the trading day until the maintenance rate of necessary margin for maintaining the outstanding positions reaches 100%.
＊In case of position automatic settlement, we will inform the client by email. Please note that for system reasons, we may not be able to send notice by email.
＊Auto liquidation is no guarantee that the client’s loss can be exactly controlled at a price equivalent to the set amount of automatic settlement. When market price fluctuates violently, it’s likely that the execute price is more unfavorable for the client than the exchange rate of auto liquidation or the deficit requires additional deposit.
【Principle】 |
| (1) Automatically close outstanding positions in client’s account at real-time exchange rate. |
| (2) Existing outstanding positions will be forced to close one by one with the method of last in first out until the necessary margin level is obtained. |
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In case of create new position
※Margin maintenance rate = Effective margin/necessary margin （Above 100%）
Necessary margin= Open price X Currency unit X 4%
In case of roll-over ( existing position)
※Maintenance rate of necessary margin for maintenance= Effective margin/necessary margin for maintenance （Above 100%）
Necessary margin for maintenance= Close price X Currency unit X 4%
●Corporate applied for exemption from restriction:
From market opening on Monday to market closing in early morning on Saturday, if the effective margin including floating profit/loss in a customer's account is not less than 25% of the necessary margin for maintaining outstanding positions, the customer can decide whether to supplement margin, voluntarily settle the positions or continue to hold the positions . However, if the effective margin in his/her account is less than 100% necessary margin for maintenance, the trading system will automatically enforce settlement of all or part of outstanding positions using the close price of the trading day until the effective margin reaches the required level when closing on friday (in the early morning of saturday of Tokyo Time).
＊ When the market is closed on weekdays, the margin maintenance rate will be adjusted to 100% before market closing the day before the
market is closed.
＊ Auto liquidation of the case, syestem will be issued e-mail notification service. As the system reasons, it may happen the situation can
not send a notification message, note that.
＊ Auto liquidation is no guarantee that the customer's loss can be exactly controlled at a price equivalent to the set amount of automatic
liquidation. When market price fluctuates violently and against the customer, it's likely that the execute price more unfavorable for the
customer than the automatic liquidation exchange rate in theory be adopted, which results in the deficit in the book account and
requires call margin.
【Principle】
＊Auto liquidation will use market price .
＊If there are several outstanding positions, they will be closed out with the last in first out. |
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