Clearing. 1. The Exchange Member Customer shall have no claim against SFP whatsoever in respect of or in connection with SFP’s inability to provide the clearing arrangements in respect of the Exchange Member Customer’s Exchange Transactions or in respect of the losses sustained by the Exchange Member Customer or the Exchange Member Customer’s customers (if any) as a direct or indirect result of SFP’s inability. 2. SFP shall, where required by the Applicable Laws (including the rules of the relevant exchange or clearing house), send periodic statements in respect of the clearing arrangements under this Clearing Agreement, to the Exchange Member Customer.
Appears in 4 contracts
Samples: Customer Agreement, Customer Agreement, Customer Agreement
