Common use of CLEARING REQUIREMENTS Clause in Contracts

CLEARING REQUIREMENTS. A Clearing Member carrying Omnibus Accounts must maintain with the Clearing House a complete list of all such accounts, and shall notify the Clearing House in writing within three (3) Business Days from the time such an account is either opened or closed. Information for each Omnibus Account must include the account holder’s name, account number and the account holder’s address, and such other information as the Clearing House may require, and classification of the account as either “Customer” or “House”.

Appears in 9 contracts

Samples: Customer Agreement, Customer Agreement, Customer Agreement

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