Examples of China Connect Clearing House in a sentence
HKSCC shall not be obliged to open or maintain any sub-account with the relevant China Connect Clearing House for a Participant or any other person in respect of China Connect Securities.
HKSCC shall have the right to satisfy its obligations as clearing participant to the China Connect Clearing House under the relevant Clearing Link with, or otherwise use, the Mainland Settlement Deposit collected from China Connect Clearing Participants.
Fees and charges of China Connect Clearing Houses Participants shall pay all fees, charges, levies and taxes that are required by the relevant China Connect Clearing House or applicable laws to be payable in respect of the China Connect Securities that are maintained in HKSCC’s account with the China Connect Clearing House, including all fees, charges, levies and taxes relating to the clearing, settlement, custodian and other services that may be provided in respect of such China Connect Securities.
Each Market Contract between the relevant China Connect Clearing Participant and HKSCC arising from the Novation of the China Connect Securities Trade as described in this Rule 4106 shall be settled by the China Connect Clearing Participant in accordance with the Rules with HKSCC in its capacity as participating clearing house of the China Connect Clearing House.
HKSCC, in its capacity as participating clearing house and also a clearing participant of the China Connect Clearing House, will in turn settle the relevant rights and obligations between HKSCC and the China Connect Clearing House arising from the China Connect Securities Trade as described in this Rule 4106 in accordance with the rules of the China Connect Clearing House, subject to any Clearing Link Agreement which HKSCC may have entered into with such China Connect Clearing House.
Final Clearing Statement or FCS availability to China Connect Clearing Participants is subject to HKSCC’s timely receipt of clearing information from the relevant China Connect Clearing House.
Itself turn the transmission of wave or misleading information provision of medicine or.
HKSCC shall have the right to satisfy its obligations as clearing participant to the China Connect Clearing House under the relevant Clearing Link with, or otherwise use, the Mainland Settlement Deposit and Mainland Security Deposit collected from China Connect Clearing Participants.
Unless otherwise agreed by HKSCC, a Clearing Agency Participant which is a China Connect Clearing House is required to provide such amount of Eligible Securities as shall represent the short CNS stock positions in Exchange Trades executed by each of its designated Special Participants in such Eligible Securities to HKSCC as Collateral Security in such manner as may be considered appropriate by HKSCC pursuant to Rule 3602.
For a Clearing Agency Participant which is a China Connect Clearing House, Margin will be computed with reference to the Margining Position of unsettled Market Contracts arising from Exchange Trades that are executed by each of its Special Participants separately.