Common use of MARKET MAKER OBLIGATIONS Clause in Contracts

MARKET MAKER OBLIGATIONS. (a) Beginning on the Effective Date, and except as otherwise provided for in the Agreement (including any Appendix thereto) or on the xxxxxx.xxx | Derivatives North America website, the Market Maker shall quote binding bid and offer prices throughout the duration of the listed Contracts in Market Maker’s Designated Classes, which shall be submitted as Post-Only Quotes as that term is defined in the xxxxxx.xxx | Derivatives North America Rules, at or inside of the defined maximum spread (“Defined Spread”) and not less than the defined minimum size (“Defined Size”). Market Maker shall not submit Non Post-Only Orders as that term is defined by the xxxxxx.xxx (b) The Market Maker acknowledges and agrees not to engage in any activity that would violate the Commodity Exchange Act, as amended (the “Act”), or the Commission’s regulations adopted thereunder, or xxxxxx.xxx | Derivatives North America Rules or terms of its Membership Agreement. The Market Maker (c) Market Maker shall not knowingly employ any Authorized Traders who are subject to statutory disqualification under Section 8a(3) of the Act. (d) Market Maker shall notify xxxxxx.xxx | Derivatives North America within 24 hours of the addition or deletion of any Authorized Traders for their account at xxxxxx.xxx | Derivatives North America. All Authorized Traders may engage in Market Making activity on the exchange only via their assigned username. (e) Market Maker is obligated to respond to any xxxxxx.xxx | Derivatives North America request for information regarding their Market Making activity on the exchange.

MARKET MAKER OBLIGATIONS. (a) Beginning on the Effective Date, and except as otherwise provided for in the Agreement (including any Appendix thereto) or on the xxxxxx.xxx | Derivatives North America website, the Market Maker shall quote binding bid and offer prices throughout the duration of the listed Contracts in Market Maker’s Designated Classes, which shall be submitted as Post-Only Quotes as that term is defined in the xxxxxx.xxx | Derivatives North America Rules, at or inside of the defined maximum spread (“Defined Spread”) and not less than the defined minimum size (“Defined Size”). Market Maker shall not submit Non Post-Only Orders as that term is defined by the xxxxxx.xxx (b) The Market Maker acknowledges and agrees not to engage in any activity that would violate the Commodity Exchange Act, as amended (the “Act”), or the Commission’s regulations adopted thereunder, or xxxxxx.xxx | Derivatives North America Rules or terms of its Membership Agreement. The Market Makerregulations (c) Market Maker shall not knowingly employ any Authorized Traders who are subject to statutory disqualification under Section 8a(3) of the Act. (d) Market Maker shall notify xxxxxx.xxx | Derivatives North America within 24 hours of the addition or deletion of any Authorized Traders for their account at xxxxxx.xxx | Derivatives North America. All Authorized Traders may engage in Market Making activity on the exchange only via their assigned username. (e) Market Maker is obligated to respond to any xxxxxx.xxx | Derivatives North America request for information regarding their Market Making activity on the exchange.