What is the course of action if my margin starts eroding due to M2M loss?
www.canmoney.in has its risk management system and gives adequate time and opportunity to clients to provide additional margin or square off the position to avoid further erosion of margin. Clients may note that it is sole responsibility of the client to continuously monitor his position for any M2M loss and hold adequate fund to cover the loss. The clients will be informed in advance on margin erosion beyond a limit as per the Risk Management policy of the Company. In case client fails to bring additional margin, Company reserves the right either withdraw the amount equivalent to the shortfall amount from the client’s bank account or to square off the open position of the client as per the risk management policy of the company. Clients may note that the Company can take either of the actions or both of them at its discretion and the client shall not have a right to question this action under any circumstances.
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- What is the course of action if my margin starts eroding due to M2M loss?
