DGCX definition
Examples of DGCX in a sentence
Each party shall appoint one arbitrator of its choice from the list of arbitrators maintained by the DGCX.
Such margin requirements established by the Broker Member may exceed the margin required of the Broker Member by the DGCX or DCCC or the Clearing Member.
The Broker Member shall not be liable to the Client for loss (including any indirect or consequential loss including, without limitation, loss of profit), damages, injury or delay, whether direct or indirect due to any action or inaction of the DGCX or DCCC, their officers, employees, agents or representatives with regard to an electronic trading or order routing system or as a result of system or component failure.
The Client will promptly deliver any instructions, money, documents or commodity deliverable under a Transaction in accordance with that Transaction as modified by any provision of this Agreement or by any instructions given by the Broker Member for the purpose of enabling the Broker Member to perform any obligations it may have under a relevant matching Transaction on the DGCX or with a Clearing Member.
If, after notifying the DGCX Compliance Department and after a reasonable period of time there has not been a satisfactory resolution, the Client may contact Executive Director - ESCA for further consideration of this matter.
All Transactions executed on DGCX in accordance with the terms of this Agreement are subject to the DGCX By-Laws and DCCC Rules as amended from time to time.
This may be due to market illiquidity or because of the operation of DGCX rules relating to limit moves or “circuit breakers”.
Where a Client has a complaint or objection about the action or inaction of a Broker Member or there is a disagreement between the parties where the client wishes to refer the matter to DGCX, the client shall in the first instance contact the Compliance Department of the DGCX.
This Agreement may only be amended upon the prior written consent of both the Broker Member and the Client, provided that the Broker Member may amend this Agreement by notice in writing to the Client where the Broker Member considers that amendment is necessary to comply with Applicable Regulations, DGCX or DCCC rules or requirements of any other competent body.
DGCX rules oblige a Broker Member to provide some protections for cash and collateral deposited with the Broker.