Block IRS Trade definition

Block IRS Trade means a trade the notional amount of which is at or above
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Block IRS Trade means a trade the notional amount of which is at or above the minimum block size established by the CFTC pursuant to CFTC Regulation 43.6 for the interest rate asset class and in effect as of the date of submission of such trade to the Clearing House for registration.
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Block IRS Trade means a trade the notional amount of which is at or abovethe minimum block size established by the CFTC pursuant to margining, guaranteeing and/or securing (as Margin) FCM Contracts for such accounts, provided, that "Collateral" shall not include any Settlement Payment, to the extent such Settlement Payment is transferred in accordance with the FCM Regulations. The Clearing House will only credit deposited securities or other non-cash collateral or assets as Collateral to the extent such securities or other noncash collateral or assets are acceptable forms of collateral as set forth in the FCM Procedures or as otherwise explicitly permitted by the Clearing House. For the avoidance of doubt, Collateral will not include, and will not be comprised of, an FCM Clearing Member’s Contribution.
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Examples of Block IRS Trade in a sentence

  • It is a condition of registration that sufficient Collateral, as determined by the Clearing House, is held with the Clearing House to cover both the NPV and initial margin obligations in respect of each SwapClear Transaction (taking into account, for these purposes, any MER and/or SwapClear Tolerance, if any), except that such Collateral shall be required to be provided prior to registration as a condition thereto only if such SwapClear Transaction is a Block IRS Trade.

  • In respect of a SwapClear Contract resulting from a SwapClear Transaction that is not a Block IRS Trade, the SwapClear Clearing Member in whose name such SwapClear Contract is registered shall transfer to the Clearing House sufficient Collateral in respect of such SwapClear Contract at such time after the registration of such SwapClear Contract as the Clearing House shall require.

  • It is a condition of registration that sufficient Margin, as determined by the Clearing House, is furnished to the Clearing House to cover the Clearing House’s Margin requirement for each FCM wapClear Transaction (taking into account, for these purposes, available SwapClear Tolerance, if any), except that such Margin shall be required to be furnished prior to registration as a condition thereto only if such FCM SwapClear Transaction is a Block IRS Trade.

  • For the avoidance of doubt, in respect of the registration of such an FCM SwapClear Transaction that is a Block IRS Trade, both FCM Clearing Members must have complied with all requirements to furnish sufficient Margin (taking into account available SwapClear Tolerance, if any) at the time of the Clearing House's receipt of the second FCM Acceptance in accordance with the foregoing.

  • During this process VEGF and Notch signaling pathways have been shown to control endothelial cell proliferation and organize the migration of new sprouts with the generation of more cells to form the vessel wall.

  • Prior to it registering a SwapClear Contract resulting from a SwapClear Transaction that is a Block IRS Trade, the Clearing House will require the SwapClear Clearing Member in whose name such SwapClear Contract is to be registered to transfer to the Clearing House adequate Collateral in respect of initial and variation margin requirements relating to such contract as a precondition to registration (taking into account any MER and/or SwapClear Tolerance, if any).

  • It is a condition of registration that sufficient Margin, as determined by the Clearing House, be furnished to the Clearing House to satisfy the Clearing House’s Margin requirements for each SwapClear Contract (taking into account, for these purposes, available SwapClear Tolerance, if any), except that such Margin shall be required to be furnished prior to registration as a condition thereto only if such SwapClear Contract results from a SwapClear Transaction that is a Block IRS Trade.

  • Sackey and Bester investigated the effects of industry 4.0 on the skill requirements for industrial engineers and identified information technology, production planning; knowledge of 3D printing; data analysis, networks, and automation (Sackey and Bester 2016).


More Definitions of Block IRS Trade

Block IRS Trade means a trade the notional amount of which is at or above the minimum block size established by the CFTC pursuant to CFTC Regulation 43.6 for the interest rate asset class and in effect as of the date of submission of such trade to the Clearing House for registration. “Business Category of FCM Contract” means a category of one or more Products which the Clearing House treats as separate from other Products for purposes of calculating the amount of Margin required to be furnished by an FCM Clearing Member (as set forth in the FCM Procedures) in respect of the FCM Contracts in each such category and, except to the extent otherwise set forth in the FCM Procedures, such separate margin categories consist of: (1) FCM SwapClear Contracts (referred to in the FCM Rulebook as the “SwapClear Business Category”),(2) FCM ForexClear Contracts (referred to in the FCM Rulebook as the “ForexClear Business Category)); and (3) FCM NodalListed Interest Rates Contracts (referred to in the FCM Rulebook as the “NodalListed Interest Rates Business Category”). “Business Day” means, in respect of an FCM Contract (except where specified otherwise in the relevant FCM SwapClear Contract Terms, FCM ForexClear Contract Terms or FCM Nodal ContractListed Interest Rates Terms, as applicable), a day on which the Clearing House is open for business as set forth in the FCM Procedures. “Buyer” means an FCM Clearing Member (or the Clearing House where the context so requires) who is a buyer under the terms of, as applicable, an FCM ExchangeOption Contract, a Physically-Settled FCM Contract or an FCM Contract Subject to Delivery Notice. “Carrying Clearing Member” Means (i) an FCM Clearing Member that carries a Transfer Account from which Transferring SwapClear Contracts and the relevant Associated Collateral Balance(s) may be transferred to the Transfer Account of a Receiving Clearing Member (capitalized terms used in this sub-paragraph (i) having the meanings set out in the UK General Regulations, as modified by FCM Regulation 46(p)) or (ii) in respect of a transfer as described in sub-paragraph (b) of the definition of “Receiving Clearing Member”, a Clearing Member (as defined in the UK General Regulations, and being an entity other than an FCM Clearing Member)(and, for the avoidance of doubt, a Carrying Clearing Member may be a Receiving Clearing Member, and vice versa). “Cash-Settled FCM Exchange Contract” means an FCM Exchange Contract whichor FCM Listed Interest Rates Contract that is to ...
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Related to Block IRS Trade

  • Marijuana establishment means a marijuana cultivation facility, a marijuana testing facility, a marijuana product manufacturing facility, or a retail marijuana store.

  • Territory means worldwide.

  • EU Securitization Regulation means Regulation (EU) 2017/2402 of the European Parliament and of the Council of December 12, 2017.

  • Sanctioned Country means, at any time, a country, region or territory which is itself the subject or target of any Sanctions (at the time of this Agreement, Crimea, Cuba, Iran, North Korea, Sudan and Syria).

  • Liquidation Process Regulations means, the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations 2016 as amended from time to time;

  • Nontraditional mortgage product means any mortgage product other than a 30-year fixed rate mortgage.