Examples of Sponsored Access Firm in a sentence
A Participant or Sponsored Access Firm shall not be in violation of this Rule if it carries positions for its Customers in excess of the applicable position limits for such reasonable period of time as the firm may require to discover and liquidate the excess positions.
A Participant or Sponsored Access Firm carrying such positions shall not be in violation of this Rule if, upon notification by the Company, it liquidates its pro-rata share of the position in excess of the limits or otherwise ensures the Customer is in compliance with the limits within a reasonable period of time.
Any such suspension will not relieve the Participant, Sponsored Access Firm or Registered Trader of its obligations under the Rules to perform any transactions entered into before the suspension, or for any Company fees, costs, or charges incurred during the suspension.
The Participant shall take and, where applicable, shall cause its Sponsored Access Firm to take, immediate measures appropriate to ensure that such Registered Trader shall not have access to the Company or utilize its Trader ID, as applicable, after the effective date of any such revocation.
A suspended or terminated Participant or Sponsored Access Firm or Registered Trader remains subject to the Rules and the jurisdiction of the Company for acts and omissions prior to the suspension or termination, and must cooperate in any inquiry, investigation, Disciplinary Proceeding, appeal of Disciplinary Proceedings, summary suspension, or other summary action as if the suspended or terminated Participant, Sponsored Access Firm or Registered Trader still had the right to access the Trading Platform.
Each Participant or Sponsored Access Firm that is registered, or required to be registered, with the CFTC as a swap dealer or a major swap participant is responsible for compliance with the mandatory trading requirement of Section 2(h)(8) of the CEA when such Participant or Sponsored Access Firm enters into a Swap that is made available to trade within the meaning of Section 2(h)(8) of the CEA.
Each Participant and Sponsored Access Firm, on behalf of itself and each of its Registered Traders shall ensure that no Trader ID is used by any Person not authorized by these Rules.
A Registered Trader may access and use the Trading Platform on behalf of the Participant or Sponsored Access Firm that designated the Registered Trader and, if the Participant is acting as Broker, for the Customers of such Participant.
When the right of a Participant, Sponsored Access Firm or Registered Trader to access the Trading Platform is terminated, all of its rights will terminate, except for the right of the Participant or Sponsored Access Firm or Registered Trader in question to assert claims against others, as provided in the Rules.
The Company shall terminate the Trading Privileges of such Sponsored Access Firm and its Registered Traders as promptly as practicable in accordance with procedures established by the Company.