FCM Member definition

FCM Member means any Member that is registered with the Commission as a Futures Commission Merchant and as a swap firm and is authorized by Nadex to intermediate orders of Commodity Customers or Cleared Swap Customers on the Market.
FCM Member means any Member that is registered with the Commission as a Futures Commission Merchant and is authorized by Nadex to intermediate customer orders on the Market.

Examples of FCM Member in a sentence

  • A FCM Member may only report to a FCM Customer a trade that has been executed or reported on the Nadex Market.

  • No FCM Member that receives an order to buy or sell a Contract for execution on Nadex shall directly or indirectly guarantee the execution of the order or any of its terms, including quantity or price.

  • No FCM Member shall enter any bids, offers or transactions on the Market if it knows or should know that it is subject to early warning reporting requirements under Commission Regulation 1.12, is subject to a proceeding in bankruptcy or is otherwise unable to pay its obligations as they become due, without the prior written approval of Nadex.

  • You shall provide Nadex, inter alia, with the position account identifier of each customer and shall ensure that each customer has been trained in a manner deemed appropriate by the FCM Member regarding the Rules and any amendments thereto, the proper use of the Nadex System, and the proper use of any terminal or other device used to enter orders for submission to the Nadex System.

  • The FCM Member will be responsible for any and all order entries confirmed for its FCM Customer Position Accounts and its settlement accounts and accepted by Nadex.

  • No FCM Member shall knowingly carry an account, enter an order or effect any transactions for any employee of Nadex without the prior written consent of the employer.

  • Any FCM Member that is not an FDM is required to maintain adjusted net capital of at least $1,000,000.

  • Notwithstanding the foregoing, a FCM Member may maintain error accounts and/or test accounts.

  • You agree to abide by all of the Rules and Applicable Laws with respect to your trade and settlement obligations and to supervise the activities of your employees and agents to ensure, among other things, that all orders entered into the Nadex System are accurate and authorized by the FCM Member and any customer for whose benefit the order is submitted.

  • Member” means a Person who is approved by Nadex to be a Trading Member or a FCM Member and who is bound by these Rules as they may be amended from time to time.

Related to FCM Member

  • ☐ - MULTI-MEMBER The “Capital Account” for each Member shall mean the account created and maintained for the Member in accordance with Section 704(b) of the Internal Revenue Code and Treasury Regulation Section 1.704-1(b)(2)(iv).

  • Consortium Member means a company specified in Recital (B) as a member of the Consortium;}

  • Founding Member means any individual who is either:

  • Team Member means a member of the European Border and Coast Guard standing corps deployed through a border management team to participate in an operational activity;

  • A Member means a companion, fellow, member, honorary member, associate or affiliate of the Society

  • Founder Member means a subscriber to these rules for the purposes of registration;

  • Participating member means a member who is required to make mandatory contributions by the applicable retirement act to his or her health reimbursement account.

  • Non-Managing Member means any Member other than the Managing Member.

  • lay member means a member of the Authority, who is not, nor has been:

  • Associate Member means a person appointed to perform specific statutory and non-statutory duties which have been delegated by the Trust Board for them to perform and these duties have been recorded in an appropriate Trust Board minute or other suitable record.

  • Full Member means any person who is in one of the categories of membership referred to in Rule 10.2.

  • Voting Member means a Member holding one or more Voting Shares.

  • Staff member means a staff member as defined in section 1(1) of the Public Service Act, 1995 (Act No. 13 of 1995);

  • Other Member means a Voting Member who is not an Eligible Account Holder or a Supplemental Eligible Account Holder.

  • Class B Member means a Member holding one or more Class B Ordinary Shares.

  • Service member means a member of the armed forces, a reserve branch of the armed forces, or the Michigan national guard.

  • Unit Member means any certificated employee of the district who is included in the appropriate unit as defined in Article 2 and therefore covered by the terms and provisions of this Agreement.

  • Life Member means an Individual appointed as a Life Member of the Club under clause 5.2.

  • Lead Member shall, in the case of a joint venture, mean the member of such joint venture who shall have the authority to bind the contractor and each member of the Joint venture; and shall be deemed to be the Contractor for the purposes of this Agreement; the Lead Member shall itself undertake and perform at least 51% (fifty one per cent) of the total length of the Project Highway;

  • Class A Member means a Member holding one or more Class A Ordinary Shares.

  • New member means a person first employed on or after Septem- ber 1, 2005, including a former member who withdrew retirement contributions under Government Code 822.003 and is reemployed on or after September 1, 2005.

  • Individual Member means a registered, financial Member of the Club who is at least 18 years of age.

  • Limited Partner means any Person named as a Limited Partner on Exhibit A attached hereto, and any Person who becomes a Substitute Limited Partner, in such Person’s capacity as a Limited Partner in the Partnership.

  • non-member means a person (national or overseas) who is not a member of the Teaching Service e.g. new graduate, new overseas recruit, resigned teacher etc..

  • Investor Member means a member that has made a contribution to a limited cooperative association and:

  • Council Member means a member of the Council;