What is an additional deposit request?

All open, forward exchange contracts executed by you will be marked to market on a daily basis up to maturity date to assess the value of the position against the prevailing, market exchange rate. 

If the market exchange rate moves against your position in excess of the initial deposit value, we may come back to you for an additional deposit to cover the additional risk and bring our risk exposure back to zero. 

To read more about forwards click here.

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