Futures Rules definition
Examples of Futures Rules in a sentence
OTC Daily Variation Margin is Variation Margin for the purposes of the Futures Rules.
Fees which are due and payable under these OTC Rules or the Futures Rules for which payment has not been received by ASX Clear (Futures) by the due date may be deducted by ASX Clear (Futures) from any credit balance of the House Clearing Account of the OTC Participant.
Also, these OTC Rules (and, if applicable, the Futures Rules) prevail in the event of any inconsistency between these OTC Rules and the OTC Handbook.
Without limitation and for the avoidance of doubt, this Agreement does not waive any protection or limitation of liability afforded the Exchange under the Exchange Requirements or Applicable Law (including but not limited to Chapter II, Section 8 of the NASDAQ Futures Rules or Article IX, Section 2 of the Exchange’s By-Laws or any successor of any of the foregoing, and the doctrines of self-regulatory organization immunity and federal preemption).
Authorized Customer consents to the jurisdiction of NASDAQ and agrees to abide by its Exchange Requirements, including, but not limited to, Chapter V, Section 4 (Direct Access) of the Nasdaq Futures Rules.
Whether or not such notice is given, if ASX Clear (Futures) is of the opinion that there is an event of Default with respect to an OTC Participant then ASX Clear (Futures) may declare the OTC Participant to be in Default and for the purposes of the Futures Rules that OTC Participant is taken to have Defaulted.
ASX Clear (Futures) will consult with the Risk Committee regarding the process for the discontinuation of the OTC Clearing service in accordance with the Futures Rules.
An OTC Participant that is also a Futures Participant must provide an additional Futures Commitment calculated in accordance with the Futures Rules.
These transferred amounts are to be dealt with by ASX Clear (Futures) in accordance with these OTC Rules and the Futures Rules.
Without limitation and for the avoidance of doubt, this Agreement does not waive any protection or limitation of liability afforded the Exchange under the Exchange Requirements or Applicable Law (including but not limited to Chapter II, Section 8 or Chapter V, Section 22 of the NASDAQ Futures Rules or Article IX, Section 2 of the Exchange’s By-Laws or any successor of any of the foregoing, and the doctrines of self-regulatory organization immunity and federal preemption).