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Get the free CLEARING AGREEMENT between a General Clearing Member (GCM) at NASDAQ OMX Clearing AB

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Version: 3 September 2013 CLEARING AGREEMENT between a General Clearing Member (GCM) at NASDAQ OX Clearing AB (the Clearing House) and a Non Clearing Member (NCM) at NASDAQ OX Stockholm AB (the Exchange)
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How to fill out clearing agreement between a:

01
Obtain a copy of the clearing agreement template, if available, from a trusted source or consult with a legal professional to create a customized clearing agreement.
02
Fill in the names and contact information of both parties involved in the agreement, ensuring accuracy and completeness.
03
Define the scope and purpose of the clearing agreement, clearly stating the services or obligations each party is providing or undertaking.
04
Specify the terms and conditions of the agreement, including the duration, termination clauses, and any additional provisions deemed necessary.
05
Outline the payment terms, including any fees, amounts, or schedules related to the clearing services.
06
Record any indemnification or liability clauses to protect the parties involved from potential risks or damages.
07
Address any intellectual property rights, confidentiality, or nondisclosure agreements if applicable to the clearing agreement.
08
Include any dispute resolution processes, such as mediation or arbitration, to handle any conflicts or disagreements that may arise.
09
Review the clearing agreement carefully, ensuring all information is accurate, and make any necessary revisions or amendments before finalizing.
10
Sign the clearing agreement, and make sure that both parties have copies of the executed agreement.

Who needs clearing agreement between a:

01
Financial institutions or banks that provide clearing services for individuals, companies, or other financial entities.
02
Individuals or companies that require clearing services to facilitate the settlement of financial transactions or trades, such as stock, bond, or derivatives trades.
03
Entities that engage in futures trading, options contracts, or other financial instruments that involve clearing through a clearinghouse or central counterparty.
Note: It is important to consult with a legal professional or expert in the field to ensure that the clearing agreement meets the specific needs and requirements of the parties involved.
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