2017 Standard Give-Up Agreements


The FIA Law and Compliance Division publishes and periodically updates standard agreements governing the futures give-up process. FIA Tech in turn administers Accelerate DocsTM (formerly the Electronic Give-Up System (EGUS)) through which brokers, traders and customers may electronically execute the standard give-up agreements.  Firms may choose to use the standard agreements either manually in hardcopy form or electronically in Accelerate DocsTM. The Standard Trader and Customer Give-Up Agreements are available for download here. 

The versions immediately below were updated in November 2017 and are the standard agreements used in Accelerate DocsTM. Also available is a memo from the Law and Compliance Division summarizing the updates made to the 2017 versions of the agreements from the prior 2008 versions.  We have archived the 2008 versions of the agreements and provided blacklines comparing the 2017 and 2008 versions. 

The Law and Compliance Division also makes available a more tailored set of give-up agreements for transactions executed on the London Metal Exchange (LME), where either or both the direct Executing or Clearing Broker is not an LME member firm. The LME Give-Up Agreements are available in the LME Give-Up Agreements section of the US Documentation Library.

Finally, please note that the Give-Up Screening Agreement is housed in the Client Clearing and Execution Agreements area of the US Documentation Library.

 

FIA L&C Memo re Updated 2017 Template Give-Up Agreements and Enhanced Definitions

Give-Up Agreement 2017 Enhanced Definitions

 

2017 Standard Agreement: Customer Version Word / PDF

2017 Standard Agreement: Trader Version Word / PDF 

2017 Standard Agreement: Trader Order Passing Broker Version Word / PDF

2017 Standard Agreement: Customer Order Passing Broker Version Word / PDF

 

2008 Versions 

Blacklines (2017 vs 2008)