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2.12.2

A General Clearing Member can, subject to the Rules and/or unless otherwise notified by the Clearing House:—

2.12.2.1 clear its own trades and trades of Third Parties;
2.12.2.2 by its Clearing Membership with the Clearing House participate in the clearing system established and maintained by the Clearing House to clear Contracts; and
2.12.2.3 have access to each Mutual Offset System.

Amended on 27 March 200627 March 2006 and 10 August 200710 August 2007.