Get Letter Of Guarantee - Nasdaqtrader

Filling out the Letter Of Guarantee for NasdaqTrader is an essential process for ensuring compliance and financial accountability within trading environments. This guide provides a clear and supportive approach to completing the form accurately and efficiently online.

Follow the steps to successfully complete the form.

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. Begin by entering the name of the individual completing the form in the specified field, ensuring that this person has the authority to sign on behalf of the participant organization.
3. Next, fill in the name of the participant organization. This should be the entity that is represented in the trading activities.
4. In the section regarding the options market participant, select the appropriate checkbox corresponding to the market where the participant is approved. Choose either NASDAQ OMX PHLX LLC, NASDAQ Options Market, or NASDAQ OMX BX Options Market.
5. The clearing member must indicate their acceptance of financial responsibility. This section is typically pre-filled and must be reviewed for accuracy.
6. Fill in the date of acceptance at the bottom of the form to record when the letter was executed.
7. Provide the clearing member organization name and its respective OCC number, ensuring that these are accurate and up to date.
8. Next, enter the clearing member's National Securities Clearing Corporation (NSCC) number. If the NSCC number provided is not affiliated with the clearing member, remember to include the necessary written authorization.
9. The clearing member representative must then sign the form, providing their name and title. Include a contact phone number for any follow-up.
10. Once all required fields are completed and verified, you can save your changes, download a copy of the form, or print it for submission.
11. Submit the executed form to NASDAQ OMX Member Regulation at the specified address or via the provided email.

Ensure your trading transactions are secure and compliant by completing the Letter Of Guarantee online today.