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What does End of Settlement (EOS) mean? What is the stipulated time for running the EOS and which positions are squared off in the EOS?

April 26, 2017EOS mean positions running squared stipulated time

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What does End of Settlement (EOS) mean? What is the stipulated time for running the EOS and which positions are squared off in the EOS?

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End of Settlement (EOS) is a process by which specific Margin positions in a particular Settlement, if not squared of by you within the stipulated time, are identified and squared off by I-Sec on a best effort basis.