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12A.4.2

A customer's Position Account must only be used for that customer's positions. However, a TPC Trading Member may instruct its qualifying Clearing Member to sub-allocate a position carried in a Position Account (the "originating Position Account") to another Position Account (the "destination Position Account"), provided that:

(a)(i) such sub-allocation is in accordance with the instructions of both the account holders of the originating Position Account and destination Position Account (or person(s) authorized to instruct on their behalf); and (ii) the TPC Trading Member receives the booking instruction only after the position has been allocated to the originating Position Account; or
(b) such sub-allocation is made to remedy an error.

Added on 1 July 20161 July 2016.