CCP Service definition

CCP Service means in respect of a CCP, an over-the-counter derivative clearing service offered by such CCP.
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CCP Service means the Consolidated Client Portfolio Service to which the Client is currently subscribed to;
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CCP Service means in respect of a CCP, an over-the- counter derivative clearing service offered by such CCP;
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Examples of CCP Service in a sentence

  • Any payments to be made by the Clearing Member (in its capacity as FX Hedge Counterparty) to Eurex Clearing AG under an FX Hedging Transaction (following, where applicable, a netting in accordance with Chapter VIII of the Clearing Conditions) shall be made directly to the relevant CLS Central Bank Account through the CLS CCP Service.

  • Any payments to be made by Eurex Clearing AG to the Clearing Member (in its capacity as FX Hedge Counterparty) under an FX Hedging Transaction shall be made directly to the relevant Currency Products Cash Account of the Clearing Member through the CLS CCP Service.

  • The following words are added as a second sentence after the words "being Cleared through an Agreed CCP Service." in Section 3(a) of this Addendum: "The parties acknowledge and agree that each Client Transaction qualifies as a "financial contract" within the meaning of Article L.211-1 III of the French Monetary and Financial Code and a transaction on financial instruments within the meaning of Article L.211-36 II of the French Monetary and Financial Code.".

  • If the Firm receives a termination amount in respect of terminated Firm/CCP Transactions for the account of clients, the Firm will allocate that amount between the Client and other clients of the Firm in relation to the relevant Agreed CCP Service in its discretion.

  • It is not relying on any communication (written or oral) of Clearing Member as investment advice or as a recommendation to enter into the Client Transactions or to use any specific Agreed CCP Service.

  • For this purpose the Firm will only be obliged to calculate the Client’s allocation to the extent that it has information on the termination amounts for all clients in relation to the relevant Agreed CCP Service; the Firm will use reasonable efforts to obtain the information or otherwise determine the allocation in accordance with the terms of the clearing agreement with each such client.

  • The FX Hedging Transaction Spread Amount is not payable through the CLS CCP Service.

  • For this purpose the Firm will only be obliged to calculate the Client's allocation to the extent that it has information on the termination amounts for all clients in relation to the relevant Agreed CCP Service; the Firm will use reasonable efforts to obtain the information or otherwise determine the allocation in accordance with the terms of the clearing agreement with each such client.

  • Any payments to be made by Eurex Clearing AG to the FX Hedge Counterparty under an FX Hedging Transaction shall be made directly to the relevant Currency Products Cash Account of the FX Hedge Counterparty through the CLS CCP Service.

  • Quality standards: ISO 27001 and ISO 9001 accredited Technical standards: CHECK and CCP Service level agreement: Email or online ticketing support Support response times - Depending on the support, 1 hour to 1 business day Phone support Phone support availability - 24 hours, 7 days a week Support levels - 9:00am - 5:30pm in all cases.


More Definitions of CCP Service

CCP Service means the service provided by the Beneficiary as a central counterparty for the clearing of electricity contracts made between participants in the N2EX market;
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Related to CCP Service

  • EMV PSP Service means the Card payment gateway services, which may be powered by one or more third-party suppliers, you access and use to route Card based payments you accept from a Service User to submit for authorization and settlement to the Merchant Acquiring Bank.

  • CMU Service means the Central Moneymarkets Unit Service, operated by the Hong Kong Monetary Authority;

  • E911 Service means the functionality to route wireless 911 calls and the associated caller and/or location data of the wireless end user to the appropriate Public Safety Answering Point.

  • 911 Service means a universal telephone number which gives the public direct access to the Public Safety Answering Point (“PSAP”). Basic 911 service collects 911 calls from one or more local exchange switches that serve a geographic area. The calls are then sent to the correct authority designated to receive such calls.

  • air service means a flight or a series of flights carrying passengers, cargo and/or mail for remuneration and/or hire;