Portfolio Reconciliation. (i) The parties agree to reconcile Portfolio Data in accordance with Part I(1) of the attachment to the 2013 EMIR Portfolio Reconciliation, Dispute Resolution and Disclosure Protocol published on 19 July 2013 by the International Swaps and Derivatives Association, Inc. (the “Protocol”) as though such Part and associated definitions were set out in this Agreement. For these purposes:
Portfolio Reconciliation. 7.4.1 The parties agree to reconcile portfolios as required by the risk mitigation techniques stipulated under XXXX. Equiti UK shall provide you with portfolio data and general account information through the Platforms and/or a secure website. Account information shall include transaction data, ticket numbers, rates, margin, profit and loss statements and any other information required by the FCA Rules (“Confirmations”). Account information shall be updated within twenty-four hours of any activity on your account. You acknowledge and accept that the posting of Confirmations will be deemed delivery of trading Confirmations by Equiti UK to you. You may request receipt of the Confirmations at any time in hard copy or email by submitting a written request to xxxx@Xxxxxxxxxxxxx.xxx. Such Confirmations shall be binding on you, unless subject to a manifest error or unless you notify Equiti UK of your rejection of such Confirmation in accordance with the EMIR rules.
Portfolio Reconciliation. 10.3.1 The parties agree to reconcile portfolios as required by the CMA. INGOT Brokers shall provide you with portfolio data and general account information through the Platforms or a secure website. Account information shall include transaction data, ticket numbers, rates, margin, profit and loss statements and any other information required by the Conduct of Business Regulations (“Confirmations”).
Portfolio Reconciliation. 12.29.1 We make available a daily statement of all your trading activity and cash movements either by email and/or on the Back-Office Portal. This information is binding on you unless you prove the statement to be incorrect. Please therefore ensure that you use this statement to check against your own records regularly and inform us immediately if you believe anything to be incorrect.
Portfolio Reconciliation. In order to satisfy the requirements of the European Market Infrastructure Regulation (“EMIR”), the parties have agreed as follows: In order to ensure that the Bank and the Client are in agreement as regards the currently applicable conditions for OTC contracts, the parties will conduct a reconciliation of the portfolio and resolve any disputes arising from this reconciliation in accordance with the “Rules regarding portfolio conciliation and dispute resolution in accordance with EMIR with respect to OTC derivative contracts”, published by the Swedish Securities Dealers Association (SSDA). These rules are attached to these general terms and conditions. A summary of the portfolio shall be supplied to the Client in the email required under the Framework Agreement. Any discrepancy shall be reported to the bank at: XXXXxxxxxxxxXxxxx@xxx.xx. Any failure by either of the parties to implement measures, or any other failure to comply with the requirements of the attached rules, will not be considered to constitute a breach of contract or otherwise give the other party the right to terminate any of the OTC contracts executed pursuant to this agreement.
Portfolio Reconciliation. Party A and Party B agree that, with effect from the date of this Agreement, the terms of the ISDA 2013 EMIR Portfolio Reconciliation, Dispute Resolution and Disclosure Protocol ("EMIR Port Rec Protocol"), as published by the International Swaps and Derivatives Association, Inc., shall apply to this Agreement as if Party A and Party B had adhered to the EMIR Port Rec Protocol and the Agreement was a Covered Master Agreement, with (1) Party A adhering as a Portfolio Data Sending Entity and a party that may use a Third Party Service Provider, with London specified as the location for its Local Business Days for the purposes of the EMIR Port Rec Protocol, and Portfolio Data, Notice of a discrepancy, and Dispute Notices sent to XXXXXXXXXX@Xxxxxxxxx.xxx (as may be updated from time to time); and (2) Party B adhering as a Portfolio Data Receiving Entity with London specified as the location for its Local Business Days for the purposes of the EMIR Port Rec Protocol, and Portfolio Data, Notice of a discrepancy, and Dispute Notices sent to the details provided in Part 4(a) of the Agreement. For the avoidance of doubt, the Trustee is not and shall not be under any obligation in connection with the application of the EMIR Port Rec Protocol between Party A and Party B and all references therein to "the parties" and similar expressions shall be to Party A and Party B.
Portfolio Reconciliation. 5.1 From time to time the Bank will notify you of a schedule of dates as of which portfolio reconciliation is to be carried out with respect to the Uncleared over-the-counter Derivative transactions outstanding between you and the Bank. Each date so notified is a Portfolio Reconciliation Date.
Portfolio Reconciliation. Pursuant to Article 13 of the Risk‐Mitigation Technical Standards, FXDD will send the Customer the key trade terms that identify each particular OTC derivative contract in the form of daily account summary, or, at the minimum, in accordance with the following schedule: • For trades between FXDD and Financial Counterparties or Non‐Financial Counterparties referred to in Article 10 of EMIR: - 500 or more daily contracts outstanding w/ each other: Daily Reconciliation - 51‐499 contracts outstanding w/ each other per week: Weekly Reconciliation - 50 or less contracts outstanding per quarter: Quarterly Reconciliation • For trades between FXDD and Non‐Financial Counterparties not referred to in Article 10 of EMIR: - 100+ outstanding contracts at any time in quarter: Quarterly reconciliation - 100 or less outstanding: Annual Reconciliation It is the responsibility of Customer to review and identify any and all discrepancies that Customer, acting reasonably and in good faith, believes are material to the rights and obligations of the Counterparties to OTC Derivative Contracts executed. Customer must provide written objection to FXDD Customer Service as soon as technologically practicable, or, at the latest, within 24 hours of the FXDD account summary email. If Customer fails to notify FXDD of discrepancies or inaccuracies contained in the account summary by end of the fifth business day of the Counterparty following the due date, Customer will be have deemed to have affirmed the data contained in the account summary. FXDD is to retain a record of such discrepancies and measures taken to remedy such differences.
Portfolio Reconciliation. 8.1 In respect of the portfolio reconciliation provisions and established procedures set out in Conduct Standard 2 of 2018, ODP Clients and ODP Counterparties conclude OTC derivative transactions with the Company by means of the utilization of the Trading Platform.
8.2 Through the Trading Platform, an ODP Client and ODP Counterparty is provided with a real-time view of their open OTC derivative transactions executed via these platforms. The ODP Client and ODP Counterparty acknowledges and accepts that this real time access to their portfolio of OTC Derivative Transactions will be deemed to satisfy the portfolio reconciliation obligations set out in the Conduct Standard, and that no further steps will be taken by the Company to make this information available for the OTC derivative transactions executed via the Trading Platform.
8.3 If the ODP Client or ODP Counterparty, acting reasonably and in good faith, identifies via the Trading Platform a discrepancy, in respect of a material terms (including valuation), that it considers to be sufficiently material to require remediation, it will promptly inform the Company. Any such dispute will be dealt with, in accordance with the dispute resolution process outlined below.
Portfolio Reconciliation. 10.4.1 The parties agree to reconcile portfolios as required by the market best practice for risk mitigation. Equiti Seychelles shall provide you with portfolio data and general account information through the Platforms or a secure website. Account information shall include transaction data, ticket numbers, rates, margin, profit and loss statements and any other information required(“Confirmations”).
