Common use of Segregation and Application of Client funds Clause in Contracts

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

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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

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Segregation and Application of Client funds. All monies, securities or collateral col- lateral ("”assets"β€œ) 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

Samples: www.emiratesnbdsecurities.com

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