Examples of Clearing Member in a sentence
History and Business MCSSP holds a Capital Markets Services License issued by the Monetary Authority of Singapore and is a trading member of SGX-ST as well as a Clearing Member of the CDP.
A Person who exceeds a position limit as a result of maintaining positions in Swaps at more than one Clearing Member shall be deemed to have waived confidentiality regarding its positions and the identity of the Clearing Members at which those positions are maintained if such Person does not remedy the position limit breach on its own as soon as practicable but in no event later than the end of the trading day during which it exceeded such position limit and received notice from the Company thereof.
The Company is responsible for the submission of each Cleared Swap to the Clearing Member designated by each Participant or Trading Customer of an Introducing Agent, as applicable.
Transactions executed for the proprietary account (as such term is defined in CFTC Regulation 1.3(y)) of a Participant, Trading Customer or Clearing Member.
A terminated Clearing Member may only seek to reinstate its authorization to exercise Clearing Privileges by providing the Company with satisfactory evidence that he complies with all the terms and conditions of the Clearing Member Relationship Agreement.