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10.9.4

Except for trades that reduce a customer's Required Margins, a Trading Member must not allow a customer to incur any new trade unless:

(a) the minimum Initial Margins for the new trade are deposited or the Trading Member has reason to believe that the minimum Initial Margins will be deposited within two Market Days from the trade date (T+2); and
(b) the Customer Asset Value complies with the Required Margins, or the Trading Member has reason to believe that the additional margins to be deposited pursuant to Rule 10.9.3 will be deposited within two Market Days from the trade date (T+2).

Added on 3 June 20193 June 2019.