Segregation and Application of Client funds. All monies, securities or collateral ("assets") held for the Client by the Broker Member shall be segregated as required by DGCX By-Laws. The Broker Member may not pledge, re-pledge, hypothecate, re-hypothecate or invest, either separately or with the assets of other customers, any assets held by the Broker Member for the accounts of the Client.
Appears in 6 contracts
Samples: Member Client Agreement, Member Client Agreement, Member Client Agreement
Segregation and Application of Client funds. All monies, securities or collateral col- lateral ("βassets"β) held for the Client by the Broker Member shall be segregated segre- gated as required by DGCX By-Laws. The Broker Member may not pledge, re-pledge, hypothecate, re-hypothecate or invest, either separately or with the assets of other customers, any assets held by the Broker Member for the accounts of the Client.
Appears in 1 contract
Segregation and Application of Client funds. All monies, securities or collateral ("assets") held for the Client by the Broker Member shall be segregated as required by DGCX By-Laws. The Broker Member may not pledge, re-pledgere -pledge, hypothecate, re-hypothecate or invest, either separately or with the assets of other customers, any assets held by the Broker Member for the accounts of the Client.
Appears in 1 contract
Samples: Commodities Trading Agreement