Common use of Options on Futures Clause in Contracts

Options on Futures. Options traded on DGCX are “Options on Futures” which means that, upon exercise by the buyer, both the buyer and seller of the option acquire a position in the underlying DGCX commodity futures contract. This will entail the risks and liabilities for margin described in Paragraphs 3 & 4 above.

Appears in 5 contracts

Samples: Member Client Agreement, Client Registration Agreement, General Terms and Conditions for Brokerage Account

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