Examples of Direct Customer Access in a sentence
If a Participant has actual or constructive notice of a violation of Tradition SEF Rules in connection with the use of Intermediated Access or Direct Customer Access by a Customer for which it has provided Intermediated Access or Direct Customer Access and the Participant fails to take appropriate action, the Participant may be found to have committed an act detrimental to the interest or welfare of Tradition SEF.
Participant shall facilitate the suspension or termination of a Customer's Intermediated Access or Direct Customer Access provided by Participant if Tradition SEF determines that the actions of the Customer threaten the integrity or liquidity of any contract or violate any Tradition SEF Rule or the Act, or if the Customer fails to cooperate in an investigation.
Participant shall assist Tradition SEF in any investigation into potential violations of the Rules or the Act which occur through or with respect to an Intermediated Access or Direct Customer Access connection provided by the Participant to any non-Participant Customer.
The Customer authorized by a Participant for Direct Customer Access connectivity to a Tradition SEF Platform must agree to be subject to Rule 402(a)(12).
All Swaps effected through Intermediated Access or Direct Customer Access connectivity to a Tradition SEF Platform, including Intermediated Access or Direct Customer Access connectivity of non-Clearing Firm Participants or non- Participant Customers, must be guaranteed by a Clearing Firm that assumes financial responsibility for all Swaps effected through such connection to a Tradition SEF Platform.
Broker Firm Participants that enter Orders, or provide Direct Customer Access, or execute Cleared Swap transactions on Tradition SEF on behalf of Customers, or other Participants or their Customers shall ensure that the counterparties to such Cleared Swap transactions affirm and release such transactions in the relevant SEF or third- party affirmation platform as soon as technologically practicable, but in no event later than ten (10) minutes after the execution of such Cleared Swaps.
Application ProcedureIn addition to the Participant application process set forth in Rules 302, 303 and 304 of the Rulebook, Participants or Customers with Direct Customer Access are required to execute a StreamGlobal Platform User Agreement.
All Swaps effected through Intermediated Access or Direct Customer Access connectivity to a Tradition SEF Platform, including Intermediated Access or Direct Customer Access connectivity of non-Clearing Firm Participants or non-Participant Customers, must be guaranteed by a Clearing Firm that assumes financial responsibility for all Swaps effected through such connection to a Tradition SEF Platform.
Using the information obtained in the pre-ordering process, the competing carrier submits an order for service using the EDI or Web GUI interface.230 An order sent by a competing carrier enters the Direct Customer Access System (DCAS) gateway system, which performs an initial check of the validity of the order.
Application Procedure In addition to the Participant application process set forth in Rules 302, 303 and 304 of the Rulebook, Participants or Customers with Direct Customer Access are required to execute a StreamGlobal Platform User Agreement.