CCP definition

CCP means a legal person that interposes itself between the counterparties to the contracts traded on one or more financial markets, becoming the buyer to every seller and the seller to every buyer;

CCP means a CCP as defined in point (1) of Article 2 of Regulation (EU) No 648/2012;

CCP. “Certified Professional” is a NCSC scheme in consultation with government, industry and academia to address the growing need for specialists in the cyber security profession. See website: Certified Cyber Professional (CCP) assured service - XXXX.XXX.XX

Examples of CCP in a sentence

• Any such termination will have no effect upon any party’s rights and obligations arising at or prior to the Termination Time on the Termination Date and this Agreement will remain in effect and govern any Derivatives Transactions executed at or prior to the Termination Time on the Termination Date and which have not been accepted for clearing by a CCP or which have otherwise been terminated or addressed pursuant to Sections 2 or 3, as applicable, prior to the Termination Time on the Termination Date.

• In respect of each Derivatives Transaction, other than an Automatically Matched Transaction, Party A and Party B will each submit (or procure submission of) an electronic message to the relevant Matching System, as soon as practicable in the circumstances after execution of such Derivatives Transaction, to enable the trade details relating to such Derivatives Transaction to be matched and submitted, via the applicable Relevant Trade Source, to the relevant CCP for clearing of such Derivatives Transaction.

• A verifier may perform a CCP Common Agreement Process if the intended users agree to the evidence gathering activities and assume responsibility for the procedures for their purposes.

• If any net settlement takes place then PSL’s only obligation to account to you will be to account for the net investments and/or cash received by it from any relevant CCP, CSD, or their respective agents, corresponding to the transactions relevant to the net settlement entered into on your behalf.

• CGP use of live traps will be employed in extreme circumstances only, at the discretion of the CCP manager.

More Definitions of CCP

CCP. “Certified Cyber Professional” is a NCSC scheme in consultation with government, industry and academia to address the growing need for specialists in the cyber security profession. See website: Certified Cyber Professional (CCP) assured service - XXXX.XXX.XX

CCP means central counterparty, which is typically an institution that acts as an intermediary between two market participants. The seller of a security sells to the central counterparty. The central counterparty simultaneously sells to the buyer. This means that if one party defaults then the central counterparty will absorb the loss. This reduces the amount of counterparty risk that market participants are exposed to.

CCP means the central counterparty;

CCP means composite correction program.

CCP means a central clearing house authorised under Article 14 of EMIR or recognised under Article 25 of EMIR.

CCP means the Code of Civil Procedure, CQLR c C-25.01;

CCP means a CCP within the meaning of Article 2(1) of Regulation (EU) No 648/2012;