Bursa Clearing definition

Bursa Clearing means Bursa Malaysia Securities Clearing Sdn Bhd and includes its successors in title; “Bursa Depository” means Bursa Malaysia Depository Sdn Bhd and includes its successors in title; “Bursa Securities” means Bursa Malaysia Securities Berhad and includes its successors in title;
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Bursa Clearing means Bursa Malaysia Derivatives Clearing Berhad and includes its successors in title;
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Bursa Clearing means Bursa Malaysia Derivatives Clearing Berhad.
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Examples of Bursa Clearing in a sentence

  • The Client in relation to dealings on Bursa Derivatives appoints the Chief Executive Officer of Bursa Clearing (or as may be determined by Bursa Derivatives) as the Client’s attorney and/or agent to do all things necessary to transfer any open positions held by the Broker on the Client’s behalf to another broker where the participantship of the Broker has been suspended or terminated.


More Definitions of Bursa Clearing

Bursa Clearing means Bursa Malaysia Derivatives Clearing Berhad. “Bursa Derivatives” means Bursa Malaysia Derivatives Berhad. “Business Day” means a day on which the Broker is open for business or a day on which the Exchange on which the futures contract are carried out is open for trading. “CGI Group” means China Galaxy International Financial Holdings Limited and its related corporations (as defined in the Companies Act 2016). “CIMB Group” means CIMB Group Sdn Bhd and its related corporations (as defined in the Companies Act, 2016).
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Related to Bursa Clearing

  • Clearing means the clearing and removal of vegetation, whether partially or in whole, including trees and shrubs, as specified;

  • Clearing Account means the account so designated and established by Section 5.04(1) hereof.

  • Foreign Clearing Agency means Clearstream and the Euroclear Operator.

  • Recognised Clearing System means any clearing system listed in Section 246A of the Taxes Act (including, but not limited to, Euroclear, Clearstream Banking AG, Clearstream Banking SA and CREST) or any other system for clearing shares which is designated for the purposes of Chapter 1A in Part 27 of the Taxes Act, by the Irish Revenue Commissioners, as a recognised clearing system.

  • Clearing Agent means Clearstream Banking AG, Euroclear Bank S.A., and Clearstream Banking S.A. and such further or alternative clearing agent(s) or clearance system(s) as may be approved by the Issuer from time to time and notified to the Holders in accordance with General Condition 4 (each a “Clearing Agent” and together the “Clearing Agents”);