Deposited Cash or Collateral. DGCX rules oblige a Broker Member to provide some protections for cash and collateral deposited with the Broker. Nevertheless, particularly in the event of insolvency or bankruptcy these protections may not apply. In such cases the extent to which you may recover such cash or collateral will depend on relevant legislation in the jurisdiction in which you deal with the Broker. However, you will not have any direct recourse to DGCX/DCCC for recovery in such circumstances.
Appears in 6 contracts
Samples: Member Client Agreement, Member Client Agreement, Member Client Agreement
Deposited Cash or Collateral. DGCX rules oblige a Broker Member to provide some protections for cash and collateral deposited with the Broker. Nevertheless, particularly in the event of insolvency or bankruptcy these protections may not apply. In such cases the extent to which you may recover such cash or collateral will depend on relevant legislation in the jurisdiction in which you deal with the Broker. However, you will not have any direct recourse to DGCX/DCCC DGCX for recovery in such circumstances.
Appears in 2 contracts
Samples: Commodities Trading Agreement, Member Client Agreement
