Whole Section

  • 7.28 Inter-Clearing House Transfers of Positions

    • 7.28.1

      Subject to the approval of the Clearing House, existing positions may be transferred between the books of a Clearing Member and the clearing member of any other Relevant Market at the request of the Customer, if:

      7.28.1.1 such positions relate to Contracts accepted for clearing by the Clearing House and such other Relevant Market (or its clearing house);
      7.28.1.2 the transfer has been approved by the other Relevant Market; and
      7.28.1.3 the other Relevant Market is not a Participating Market which is party to the Mutual Offset System.

      Added on 1 October 20091 October 2009.

    • 7.28.2

      All transfers made pursuant to this Rule shall be reported to the Clearing House in a form acceptable to the Clearing House. The Clearing Member involved shall maintain a full and complete record of all such transfers together with all pertinent memoranda.

      Added on 1 October 20091 October 2009.