Examples of Cleared Swaps Customer Account in a sentence
All FCM Participants must submit a daily Customer Segregated Account statement and a Cleared Swaps Customer Account statement, as applicable, through Company-approved electronic transmissions by 12:00 noon on the following Settlement Bank Business Day.
The report reflects the most recent semi-monthly information, and the public also has the ability to see information for the most recent twelve-month period.A 30.7 Customer Funds report and a Customer Cleared Swaps Collateral report provides the same information with respect to the 30.7 Account and the Cleared Swaps Customer Account.
Information contained within position- keeping accounts is consolidated into financial accounts, as follows:(a) Relationship with Position-Keeping Accounts Position- keeping Account Financial Account C ClientCLCH ForexClear Client Segregated Depository Account used for Initial Margin Flows ClientLLCH ForexClear Client Segregated Depository Account used for Variation Settlement FlowsH HouseHProprietary Account The C account is a Cleared Swaps Customer Account as defined in Part 22 of the CFTC Regulations.
The report reflects the most recent semi-monthly information, and the public also can see information for the most recent twelve-month period.A 30.7 Customer Funds report and a Customer Cleared Swaps Collateral report provides the same information with respect to the 30.7 Account and the Cleared Swaps Customer Account.
Funds deposited with an FCM, or otherwise required to be held for the benefit of customers, to margin swaps cleared through a registered DCO, i.e., Cleared Swaps Customer Collateral, are held in a Cleared Swaps Customer Account in accordance with the provisions of section 4d(f) of the Act and Part 22 of the Commission’s rules.
LSOC is an acronym for “legally separated, operationally commingled.” Funds required to be held in a Cleared Swaps Customer Account may be commingled in an omnibus account and held with: (i) a bank or trust company located in the US; (ii) a bank or trust company located outside of the US that has in excess of $1 billion of regulatory capital; (iii) a DCO; or (iv) another FCM.
Nothing contained herein shall be construed to limit, in any way, the right of a derivatives clearing organization or Collecting Fu- tures Commission Merchant to liq- uidate any or all positions in a Cleared Swaps Customer Account in the event of a default of a clearing member or Depositing Futures Commission Mer- chant.[77 FR 66335, Nov.
The Excess account is a sub-account of the C account and is therefore a Cleared Swaps Customer Account as defined in Part 22 of the CFTC Regulations.
Information contained within position- keeping accounts is consolidated into financial accounts, as follows:(a) Relationship with Position-Keeping Accounts Position- keeping Account Financial Account C ClientCLCH ForexClear Client Segregated Depository Account used for Initial Margin Flows ClientLLCH ForexClear Client Segregated Depository Account used for VariationSettlement FlowsH HouseHProprietary Account The C account is a Cleared Swaps Customer Account as defined in Part 22 of the CFTC Regulations.
LSOC is an acronym for “legally separated, operationallycommingled.” Funds required to be held in a Cleared Swaps Customer Account may be commingled in an omnibus account and held with: (i) a bank or trust company located in the US; (ii) a bank or trust company located outside of the US that has in excess of $1 billion of regulatory capital; (iii) a DCO; or (iv) another FCM.