INTERNATIONAL UNIFORM EFRP AND BLOCK TRANSACTIONS AGREEMENT: BROKER (FOR TRADER) VERSION 2021Efrp and Block Transactions Agreement • August 31st, 2022
CAUTION: THIS AGREEMENT IS DESIGNED AS A BASIC DOCUMENT FOR MARKET PARTICIPANTS ENGAGING IN “EFRP” AND “BLOCK” TRANSACTIONS. IT IS NOT INTENDED TO SERVE AS AN ALL ENCOMPASSING DOCUMENT FOR USE BY ALL PARTIES UNDER ALL CIRCUMSTANCES. PARTIES SHOULD CAREFULLY CONSIDER THE FULL SCOPE OF REGULATORY (INCLUDING, WITHOUT LIMITATION EXCHANGE) AND COMMERCIAL TERMS THAT MAY BE APPLICABLE TO THEIR PARTICULAR CIRCUMSTANCES AND MAY ELECT TO ENTER INTO MORE DETAILED AGREEMENTS AT THE OUTSET OR DURING THE COURSE OF THEIR RELATIONSHIP.
INTERNATIONAL UNIFORM EFRP AND BLOCK TRANSACTIONS AGREEMENT: BROKER (FOR CUSTOMER) VERSION 2021Efrp and Block Transactions Agreement • August 31st, 2022
WHEREAS, from time to time, Customer, acting through Broker, may desire to enter into an exchange of futures for physical, exchange of futures for swap, exchange of futures for risk position, exchange of option for option, or any similar transaction (“EFRP Transaction”) with Dealer, and from time to time, Dealer may desire to enter into such EFRP Transactions with Customer as principal;
