Examples of DMA Customer in a sentence
A DMA Customer that is an Account Manager must ensure that each of its Accounts complies with Rule 534, if applicable.
Each Participant or DMA Customer that is an Account Manager must provide BSEF upon BSEF’s prior Written request with Written representation or proof of authority to place RFQs or Orders and execute Trades on the SEF operated by BSEF on behalf or in the name of each Account.
Applies to Trades placed by a DMA Customer using the Participant ID of the Sponsoring Broker.
The DMA Customer shall remain ultimately responsible for all CFTC Regulation 1.35 recordkeeping obligations, including any records not covered by the agreement with its Sponsoring Broker.
Rule Violations (a) It shall be an offense for a Participant, Account Manager, DMA Customer, Authorized Trader or Supervised Person to violate any BSEF Rule regulating the conduct or business of a Participant or its Account Managers, Authorized Traders or Supervised Persons, or any agreement made with BSEF, or to engage in fraud, dishonorable or dishonest conduct, or in conduct which is inconsistent with just and equitable principles of trade.
A DMA Customer can delegate the maintenance of the DMA Customer’s records required by CFTC Regulation 1.35 for transactions executed on BSEF to its Sponsoring Broker; provided, however, that the DMA Customer has an agreement with its Sponsoring Broker regarding the maintenance of such records.
Use of Trading Privileges No Participant, Account Manager, DMA Customer, Authorized Trader or Supervised Person may use such Participant’s Trading Privileges in any way that could be expected to bring disrepute upon such Participant, Account Manager, DMA Customer, Authorized Trader or Supervised Person.
Fictitious, Wash or Pre-Arranged Transactions (a) No Participant, Account Manager, DMA Customer, Authorized Trader, Supervised Person or any market participant that directly or indirectly effects a transaction on the SEF operated by BSEF shall create fictitious transactions or wash transactions or execute any Order with knowledge of its nature.
Notwithstanding anything to the contraryin this Rule 409.A, the DMA Customer shall remain directly responsible for the maintenance of all records set forth in Rule 409.A(d).
Specifically, no Participant, Account Manager, DMA Customer, Authorized Trader or Supervised Person shall directly or indirectly, engage in front running, fraudulent trading, money passes, trading ahead of customers, trading against customers, accommodation trading or improper cross trading.RULE 506.