Transfers of Open Positions

Any transfer of a Contract shall be subject to the following:

Trades and positions in Contracts may be transferred on the books of one Clearing Member or between Clearing Members provided that:
1. The transfer constitutes a change from one account to another where the underlying ownership in the accounts remains the same;
2. The transfer was made to correct an error in the clearing of a trade and is completed within two business days from the trade date;
3. The transfer is in connection with, or is the result of, a merger, asset purchase, consolidation or similar non-recurring transaction between two or more entities where one or more entities become the successor in interest to one or more other entities; or
4. if, in the judgment of the Clearinghouse, the situation so requires and such interest is necessary to maintain market stability.
Any transfer permitted by the Clearinghouse shall be recorded and carried on the books of the receiving Clearing Member at the original prices and trade dates.

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Signing up with Bitnomial, Inc. requires additional verification with an FCM to trade futures. Futures accounts are offered by Bitnomial Clearing, LLC, a CFTC-registered FCM and NFA member. Trading in futures involves substantial risks. You should only trade in financial products that you are familiar with and understand the associated risks, and after carefully considering whether such trading is suitable in light of your investment experience, financial position, and investment objectives. Leverage in futures trading can work for you or against you. The risk of loss using leverage can exceed your initial investment amount. See Bitnomial entity affiliation and registration disclosures and FCM financial and risk disclosures.