Direct access to LIFFE CONNECT® and / or Bclear1 is available to firms who are affiliated to NYSE Liffe Members, but who do not wish to become Members in their own right.
For this purpose an Affiliate is defined as an entity which:
- owns 95 per cent or more of the NYSE Liffe Member; or
- is owned 95 per cent or more by the NYSE Liffe Member; or
- is owned 95 per cent or more by a third party who also owns 95 per cent or more of the NYSE Liffe Member
NYSE Liffe markets can only consider applications in respect of Affiliates located in jurisdictions with satisfactory regulatory arrangements; both in terms of supervision of investment activity and information sharing arrangements in place. Please contact the Membership Team to ensure the jurisdiction where the Affiliate is located is one from which affiliate access is permitted.
All business undertaken by an Affiliate on LIFFE CONNECT® and / or Bclear1 will be done in the name of the NYSE Liffe Member and that Member will remain ultimately responsible for the conduct of business submitted by the Affiliate. As such the Member will necessarily see the Affiliate’s trades executed on LIFFE CONNECT® and / or Bclear1.
1Bclear is only available to Members of the London market. |