6A.3.1

Past version: Effective up to 20 Jan 2013

Except for trades which reduce Customer Required Margins, a Clearing Member must not accept new orders or new trades for clearing from any customer unless:—

(1) the minimum Initial Margins for the new trade are deposited or the Clearing Member has reason to believe that the minimum Initial Margins will be deposited within two Market Days from the trade date (T+2); and
(2) the Customer Asset Value complies with the Customer Required Margins, or the Clearing Member has reason to believe that the additional margins to be deposited pursuant to Rule 6A.3.2 will be deposited within two Market Days from the trade date (T+2).

Added on 23 January 200923 January 2009.