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How the Bank to handle if the funding of the settlement account to settle a “Market Order” is insufficient due to volatile market movement?

April 26, 2017account Bank funding insufficient market market order volatile

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How the Bank to handle if the funding of the settlement account to settle a “Market Order” is insufficient due to volatile market movement?

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The Bank may in its absolute discretion execute the purchase order in whole or in part. Customer must settle any resulting overdraft in the settlement account before T+2. The Bank reserves the right to sell the related securities to setoff the overdraft.