Authorised CSD definition
Examples of Authorised CSD in a sentence
A Clearing Member may request that Securities Collateral which the Clearing House holds in an account with an Authorised CSD for the Clearing Member be subject to either Individual CSD-Level Segregation or Omnibus CSD-Level Segregation (each such request, a “Segregation Request”).
An Agent Member may request that Securities Collateral which the Clearing House holds in an account with an Authorised CSD for the Agent Member be subject to either Individual CSD-Level Segregation or Omnibus CSD-Level Segregation (each such request, an “Agent Member Segregation Request”).
A Sponsored Member may request that Securities Collateral which the Clearing House holds in an account with an Authorised CSD for the Sponsored Member be subject to either Individual CSD-Level Segregation or Omnibus CSD-Level Segregation (each such request, a “Sponsored Member Segregation Request”).