Clearing EDP definition

Clearing EDP. All EDP facilities concerning clearing and settlement, including all hard- and software components as well as interfaces for whose operation Eurex Clearing is responsible.
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Examples of Clearing EDP in a sentence

  • The Location shall be deemed to have been approved if Eurex Clearing does not prohibit connection to the Clearing EDP from such Location within one month of sending the confirmation of receipt.

  • The Contractual Party shall, prior to connecting its Participant Systems to the Clearing EDP from an intended Location, be obligated to place a request with Eurex Clearing regarding the admission of such intended Locations, providing Eurex Clearing with all relevant contact data.

  • Graphical user interface to access enter and modify clearing data in the Clearing EDP.

  • The identifier must always be transferred if the Participant software communicates with the Clearing EDP.

  • Programmable interface to support the calculation of margin requirements for a single OTC position or an OTC portfolio in the Clearing EDP.

  • The Contractual Party shall be obligated to install all Participant Systems in its Locations and to connect them with the Clearing EDP.

  • Programmable interface to automatically access, enter and modify OTC Clearing Data in the Clearing EDP.

  • In this case, the Contractual Party shall be obligated to communicate with the Clearing EDP exclusively by means of the assigned Configuration Parameter.

  • Programmable interface to automatically access, enter and modify Clearing Data in the Clearing EDP.

  • If the Participant Software causes problems within the Clearing EDP, Eurex Clearing may prohibit the utilisation of the Participant Software with immediate effect.

Related to Clearing EDP

  • Clearing Agent means Clearstream Banking AG, Euroclear Bank S.A., and Clearstream Banking S.A. and such further or alternative clearing agent(s) or clearance system(s) as may be approved by the Issuer from time to time and notified to the Holders in accordance with General Condition 4 (each a “Clearing Agent” and together the “Clearing Agents”);

  • Clearing Account means the account so designated and established by Section 5.04(1) hereof.

  • Clearing System means Monte Titoli S.p.A., with offices in Piazza degli Affari no. 6, Milan, Italy ("Monte Titoli").

  • Clearing means the clearing and removal of vegetation, whether partially or in whole, including trees and shrubs, as specified;

  • Clearing Agency means an organization registered as a “clearing agency” pursuant to Section 17A of the Exchange Act.