Execution Policy

Margin trading allows traders to hold a position much larger than their actual account value. SGT offers multiple levels of leverage and as has been stated, trading on margin comes with risk, since high leverage levels may work against you as much as it may work for you. If account equity falls below margin requirements, SGT's trading platforms will trigger an order to close all open positions. When positions have been over-leveraged or trading losses are incurred to the point that insufficient equity exists to maintain current open positions, a margin call will result, and open positions must be closed.

Please bear in mind that when the account's useable margin reaches zero, all open positions are triggered to close. The margin-call process is entirely electronic, and there is no discretion on SGT's part as to the order in which trades are closed.

Although the margin call feature is designed to close positions when account equity falls below the margin requirements, there may be instances when liquidity does not exist at the exact margin call rate. As a result, account equity can fall below margin requirements at the time orders are filled, even to the point where equity account becomes negative. This is especially true during market gaps or volatile periods. SGT will not hold traders responsible for NEGATIVE balances in this scenario, but clients should be aware that all funds on deposit in an account are subject to loss. SGT also recommends that traders use stop orders to limit downside risk instead of using a margin call as a final stop.

SGT strongly recommends that traders always maintain the appropriate amount of margin in their accounts. You may request a change to your margin requirements/leverage levels, which is subject to approval by SGT. Margin requirements may be changed at the discretion of SGT.