Swap Dealer definition

Swap Dealer means a “swap dealer” as defined in Section 1a(49) of the Act and CFTC Regulation 1.3(qqqq).

Swap Dealer means a “swap dealer” as defined in Section 1a(49) of the CEA and CFTC Regulation 1.3(ggg) thereunder.

Swap Dealer means a “swap dealer” as defined in Section 1a(49) of the Commodity Exchange Act and CFTC Rule 1.3 thereunder.

Examples of Swap Dealer in a sentence

• Westpac is also registered with the US Commodity Futures Trading Commission (“CFTC”) as a Swap Dealer, but is neither registered as, or affiliated with, a Futures Commission Merchant registered with the US CFTC.

• Responsibility for Mandatory Trading Each Participant that is a Swap Dealer or Major Swap Participant shall be responsible for compliance with the mandatory trading requirement under Section 2(h)(8) of the CEA and shall not enter into any Required Transaction outside a SEF that lists a Swap related to such Required Transaction.

• When a Swap Dealer or Major Swap Participant enters into or facilitates a Swap on or pursuant to the Rules of the MarketAxess SEF which is subject to the mandatory clearing requirement under CEA section 2(h), the Swap Dealer or Major Swap Participant shall be responsible for complying with the mandatory trading requirement under CEA section 2(h)(8).

• A Participant that is registered as a Swap Dealer must undertake and be able to discharge (i) on the SEF, any pre-trade disclosure it may owe to its counterparty when engaging in a Swap transaction on a disclosed basis with that counterparty, and (ii) off the SEF, any due diligence and analysis obligations it may owe to its counterparty.

• Note Advantage is not a registered Swap Dealer and does not support Swap business nor hold Cleared Swaps Customer Accounts.

More Definitions of Swap Dealer

Swap Dealer means “swap dealer” as defined in Section 1a(49) of the Commodity Exchange Act and CFTC Regulations § 1.3(ggg) thereunder, duly registered with the CFTC. Appendix I-12 Appendix II Form of Notice to FXI’s PB (FX Intermediary Arrangements), including Form of Supplemental Notice from PB to ED (FX Intermediary Arrangements) Form of Notice to FXI’s PB (FX Intermediary Arrangements) [Destination PB Letterhead] Re: Designation of Covered PB Counterparties under Reverse or Multiparty Give-Up Arrangement involving FX Intermediary [Date] Dear Sir/Madam: Reference is made to (i) [insert reference to the relevant 4-party give-up arrangement (or equivalent arrangement) among [Name of Destination PB] (“Destination PB”), [FX Intermediary’s PB] (“FXI’s PB”), [FX Intermediary] (“FXI”) and [Investment Manager] (“Manager”)] (the “Agreement”), pursuant to which Destination PB receives transaction details from FXI’s PB, which, pursuant to separate give-up arrangements, receives transaction details from an executing dealer (a “Relevant ED”) that has committed to swap terms (or entered into an original swap for novation to FXI’s PB) with FXI, acting as agent on behalf of PB counterparties of Destination PB, for give-up to FXI’s PB and further give-up in accordance with the Agreement to Destination PB and (ii) the ISDA Derivatives/FX Prime Brokerage Business Conduct Allocation Protocol (“ISDA PB Protocol”) to which both the FXI’s PB andDestination PB are “Adhering Parties” (as defined in the ISDA PB Protocol). Capitalized terms used but not defined in this Notice have the meanings given to them in the Annex to the ISDA PB Protocol (the “Annex”) or the Core Provisions (as defined in the form of Certification attached hereto). In accordance with CFTC Letter No. 13-11 and paragraph (b)(3) of the Annex, we hereby notify you, for your communication to the Relevant EDs, that we designate the PB counterparties or classes of PB counterparties specified below as Covered PB counterparties or classes thereof and, with respect to each such counterparty or class, the relevant information for purposes of paragraph (b)(8) of the Annex is as follows: Covered PB counterparty/Class of Covered PB counterpartiesAgreed in writing to (x) oral disclosure of pre-trade mid and basic METs and (y) disclosure for multiple swaps as described in CFTC Rule 23.402(f)?1Agreed in writing to non-disclosure of pre-trade mid in accordance with reliefprovided in the following CFTC Letters?2No. 12-42No. 12-58Additiona...

Swap Dealer and “swaps dealer” means any entity which—

Swap Dealer shall have the meaning given the term in Section 1a(49) of the CEA and Section 3(a)(76) of the Exchange Act.

Swap Dealer or "SD" — means a person who is required to register or is registered as a swap dealer under the Act and Commission Rules.

Swap Dealer means a person registered (fully or provisionally) with the CFTC as a “swap dealer” as defined in Section 1a(49) of the Commodity Exchange Act and CFTC Regulation 1.3(ggg).

Swap Dealer or “SD” means a person who (i) holds oneself out as a dealer in swaps, (ii) makes a market in swaps, (iii) regularly enters into swaps with counterparties as an ordinary course of business for one’s own account, or (iv) engages in any activity causing the person to be commonly known in the trade as a dealer or market maker in swaps.

Swap Dealer shall have the meaning provided for such term in CFTC Regulation §23.401 and shall be a counterparty to a Swap Transaction with DASNY that has represented in writing to DASNY that it is registered with the CFTC as a “swap dealer” as defined in the Commodity Exchange Act and relevant CFTC Regulations thereunder.