CDS Account definition

CDS Account means the account of the CUSTOMER with the central depository system for government securities (“LankaSecure”) in which the applicable Eligible Securities are held or, as appropriate, are to be held;
CDS Account means a central depository system securities account established by Bursa Depository for a depositor pursuant to the Securities Industry (Central Depositories) Act 1991 and in accordance with the Rules of the Bursa Depository;
CDS Account means the account established by Bursa Depository for a depositor for the recording of deposit and withdrawal of securities and for dealings in such securities by that depositor of securities

Examples of CDS Account in a sentence

  • This CDS Account is maintained by Bursa Malaysia Depository Sdn Bhd, the depository for all securities traded on Bursa Malaysia Securities Berhad.

  • The DEALER shall be entitled to debit and credit the CUSTOMER’s CDS Account accordingly or obtain a transfer from or make a transfer to the CUSTOMER’s CDS account accordingly..

  • You must have a CDS Account and a correspondence address in Malaysia.

  • The Client/s shall accept the liabilities arising from all authorized transactions executed in the CDS Account of the Client/authorized person(s) (as applicable) by the Investment Advisor.

  • Failure to comply with these specific instructions or inaccuracy of the CDS Account number may result in your application being rejected.


More Definitions of CDS Account

CDS Account means the securities Account maintained pursuant to Rules of Depository.
CDS Account means the securities account maintained by a depositor with Bursa Depository.
CDS Account means the account established by Bursa Depository for a depositor for the recording of deposit of securities and dealings in such securities by that depositor of securities, and “CDS Accounts” shall be construed accordingly.
CDS Account means a central depository system securities account established by Bursa Depository for a depositor pursuant to the Securities Industry (Central Depositories) Act 1991 and in accordance with the rules, regulations, guidelines or policies issued by the central depository or Bursa Depository from time to time;
CDS Account means the account maintained by the Borrower/Client with the Company in the CDS for the purpose of depositing and maintaining the Pledged Securities;
CDS Account means the account established by Bursa Depository for a
CDS Account means a central depository electronic account held at CDSC that holds financial securities such as shares and bonds;