The following rules apply to all force-sales by a Clearing Member:

(1) The Clearing Member has discretion as to the price and volume put up for sale, at any time;
(2) The Clearing Member need not give notice of the force-sale to the Trading Member;
(3) The Clearing Member is not liable to the Trading Member for any loss or damage arising out of the exercise of its discretion; and
(4) The Clearing Member may recover the losses and expenses incurred in the force-sale from the Trading Member.

Added on 10 December 201810 December 2018.