Examples of Authorized Broker in a sentence
The Exchange may hold an Authorized Trader or Authorized Broker liable for, and impose sanctions against such Authorized Trader or Authorized Broker, for such Authorized Trader’s or Authorized Broker’s own acts and omissions that constitute a violation as well as or for the acts and omissions of any other agent or representative of such Authorized Trader or Authorized Broker that constitute a violation as if such violation were that of the Authorized Trader or Authorized Broker.
Any Exchange Proceeding relating to an Authorized Trader or Authorized Broker shall occur as if the Authorized Trader or Authorized Broker were still registered as such.
The Entrant represents that he or she and his or her Account Manager (if applicable) are of legal age in the states in which they reside and that neither of them nor any member of their household nor any of their partners or shareholders is related to principals or employees of the Sponsor, Authorized Broker or Carrying Broker.
After revocation or termination of the designation of an Authorized Trader or Authorized Broker, the Authorized Trader or Authorized Broker remains subject to the Exchange Rules, the Obligations and the jurisdiction of the Exchange for acts done and omissions made while registered as an Authorized Trader.
However, if an Authorized Trader or Authorized Broker receives an Order that cannot be immediately entered into The Exchange Trading System, the Authorized Trader must prepare a written Order and include the account designation, date, an electronic timestamp reflecting the time of receipt and other information required pursuant to section (a) above.