A Stop loss order for customer’s open positions is placed at a level where the total Equity balance falls to 10% of the required Initial margin. This level is referred to as the Stop Out level, which is the second trigger level for Margin. Below this level all of customer’s open positions will be automatically closed out. Once the stop-out level has been triggered, the customer will not be allowed to trade on his account until the equity balance is restored to the required Initial margin level.
