User IDs

Each Participant must request one or more Trading Account ID as needed to accommodate the nature and volume of the Participant's business.

Each Participant and its Authorized Users must have a unique, Exchange-assigned, registered User ID.

Each Order entered will track to a User ID that identifies the Authorized User that entered the Order.

No Person may use a User ID to place any Order except as permitted by these Rules, nor may any Person knowingly permit or assist the unauthorized use of a User ID. Each Participant and Authorized User shall ensure that no User ID is used by any Person not authorized by these Rules. Each Participant that is not an individual must have in place policies and procedures acceptable to the Exchange to ensure the proper use and protection of User IDs.

Each Participant shall ensure the accuracy of the registration information of its Authorized Users at all times.

Each Participant shall be solely responsible for controlling and monitoring the use of all User IDs issued to it and its Authorized Users of the Exchange.

Each Participant shall notify the Exchange promptly upon becoming aware of:

1. any unauthorized disclosure or use of any User ID assigned to it or any of its Authorized Users and of any other reason for deactivating a User ID; and

2. any unauthorized access to the Exchange by any Authorized User or by any Person using a User ID assigned to such Participant or Authorized User.

Each Participant and its Authorized Users shall be bound by any actions taken through the use of a User ID assigned to such Participant or Authorized User (other than any such actions resulting from the fault or negligence of the Exchange), including the submission of Orders and/or execution of Transactions, whether or not such actions were taken or authorized by such Participant or Authorized User, as the case may be.

Each Participant must be able to identify all Orders submitted under an Authorized User's respective User ID at all times.