1.      Occurs at any time when Balance< 100% of Used Margin

2.      Short Margin mark is placed on the account.

3.      Opening of new positions is prohibited.

4.      Trader receives Short Margin message stating that additional deposit is required in amount sufficient to make Balance >= Used Margin or trader should close one or more of the open positions to reduce Used Margin to the level of Balance >= Used Margin; otherwise the System will automatically close one or more of the open positions at Open DayTime to reduce Used Margin to the level of Balance >= Used Margin

4.1.   If any action is performed by the trader before Open Day Time resulting in Balance >= Used Margin,  the Short Margin mark is removed from the account

4.2.   If no sufficient action is performed by the trader before Open Day Time, at this time the System should automatically close one or more of the open positions to reduce Used Margin to the level of Balance >= Used Margin. Trader receives 2nd Short Margin message stating that the required actions were not performed on time and therefore the System automatically closes one or more of the open positions (in “first in-first out order”) to reduce Used Margin to the level of Balance >= Used Margin.

4.3.   When due to this action the Balance becomes >= Used Margin, the Short Margin mark is removed from the account.