What is Barclays Financial Spread’s margin call procedure?
Please note that it is your responsibility, and not Barclays Stockbrokers Financial Spreads, to monitor your positions and make margin payments immediately upon margin becoming due. Margin calls may be made at any time in accordance with clause 18 of our Terms and Conditions. It is therefore imperative that you familiarise yourself with our Terms and Conditions and pay particular attention to section 18 in its entirety. Please be aware that if margin payments are not received in full within 3 business days of a margin call being made, Barclays Stockbrokers Financial Spreads may without notice and in its absolute discretion close any, or all, in whole, or in part, of your open positions. For margin payments in excess of £10,000, we require you to pay by same day electronic bank transfer. Please refer to clause 18 of our Terms and Conditions. Barclays Stockbrokers Financial Spreads normally make margin calls upon our clients by telephone. It is our policy not to disclose our company name