What should I do if I have a Margin Call?

When you receive a margin call, you have two (2) options:

1. Deposit the margin call amount into your securities account and transfer the funds to your derivatives account to bring your Net Account Value back to the required level which is Initial Margin Requirement level.
2. Close some or all of your outstanding derivatives position(s) to meet the full Initial Margin Requirement.

If you fail to meet the margin call, you will be charged 6.5% interest per annum calculated on a daily rest basis based on the margin call amount after the market closes and your position(s) will be forced closed automatically by systems at 9.00 PM MYT immediately after the market opens on T+1 night trading.

On days where T+1 night trading is not available, Forced Liquidation is to be conducted at 8:45 AM MYT for FKLI and 10:30 AM MYT for FCPO on the next business day.

Note: The interest will accrue on a daily basis, and deducted from your cash balance on the 1st day of the following month.