Off-Exchange Transactions definition
Examples of Off-Exchange Transactions in a sentence
The Participating Broker acknowledges that the terms and conditions of the CPA exclusively govern the clearing of all Off-Exchange Transactions submitted to NGX, and that this Agreement in no way alters the applicability or enforceability of the CPA with respect to Off-Exchange Transactions.
No later than the last day of the month in which NGX receives from Participants those clearing fees that arise from Off-Exchange Transactions submitted for clearing in accordance with this Agreement, NGX agrees to make payment to the Participating Broker in the aggregate amount owing to the Participating Broker in accordance with Section 2 of this Agreement.
The Participating Broker acknowledges that NGX publishes on its website a list of those brokers who have agreed to submit Off-Exchange Transactions to NGX for clearing pursuant to this Agreement, and agrees to allow NGX to include the Participating Broker in such list in order to notify the Participants that the Participating Broker is receiving the Incentive (as defined below).
Off-Exchange Transactions Companies are generally not required to execute off- exchange transactions in CFDs. KAMA Capital, in general, acts as the counterparty in the transaction.
The Authorized Customer understands and agrees that the Services solely permits the entry of Off-Exchange Transactions and the Authorized Customer shall not be entitled to receive any other services, express or implied, pursuant to this Agreement.
Authorized Customer agrees to comply with the Exchange Requirements and Applicable Law, including as the foregoing apply to the execution of Off-Exchange Transactions whether or not such Authorized Customer is a Member.
Authorized Customer agrees that the Services will be utilized solely for the purpose of submitting Off-Exchange Transactions on behalf of its own proprietary accounts and/or the accounts of its customers, who are parties to such transaction and whose clearing member(s) has (or have) authorized the Authorized Customer to enter such transactions into the Services on their behalf.
The Authorized Customer represents and warrants that it has the authority to enter all Off-Exchange Transactions on behalf of the customers for which it acts and all necessary registrations or licenses as my be required under Applicable Law.
This Agreement will commence as of the date hereof and will continue until terminated by: (i) the Authorized Customer upon forty-eight (48) hours’ written notice; or (ii) the Exchange immediately with written notice, provided that this Agreement shall remain in effect with respect to the Off-Exchange Transactions entered prior to such termination.