Clearing Facility definition

Clearing Facility means, in relation to a Market Transaction, the clearing and settlement facility, within the meaning of section 761A of the Corporations Act, through which the Market Transaction has been or will be cleared.
Clearing Facility means the clearing and settlement facility, within the meaning of section 761A of the Corporations Act, through which transactions in Cash Market Products or Derivative Products have been or will be cleared. Clearing Participant means Interactive Brokers Australia Pty Ltd (ACN 000 000 000; AFSL 453554; a participant of ASX Clear and ASX Clear (Futures)).
Clearing Facility means a facility for the clearing and settlement of securities traded on a securities exchange;

Examples of Clearing Facility in a sentence

  • Investors residing in such places where Electronic Clearing Facility is available will have the option of receiving their dividend directly into their specified bank account through ECS.

  • Investors residing in such places where Electronic Clearing Facility is available will have the option of receiving their ICDW directly into their specified bank account through ECS.

  • Investors residing in such places where Electronic Clearing Facility is available will have the option of receiving their dividend directly into their specified bank account throughECS.

  • Clearing Rules means: (a) in relation to a particular Clearing Facility, the operating rules, procedures, practices, directions, decisions and requirements of that Clearing Facility; (b) in relation to a particular Clearing Participant, the rules of the Clearing Facility to which that Clearing Participant is subject.

  • Investors residing in such places where Electronic Clearing Facility is available will have the option of receiving their dividend directly into theirspecified bank account through ECS.


More Definitions of Clearing Facility

Clearing Facility means a facility for the clearing or settlement of transactions in financial instruments;
Clearing Facility means the facility provided by ASX Clear as described in Rule 1.1.
Clearing Facility means a person that maintains records of trades of securities for the purpose of settling claims for money and securities; maintains records of transfers and pledges of securities for the purpose of permitting securities to be transferred by record entry; holds security certificates deposited with it for the purpose of permitting securities to be transferred by record entry; performs any combination of two or more functions referred to in paragraphs (i) to (iii), or operates a centralised facility for the settlement of trades and other activities regularly undertaken by persons referred to in paragraphs (i) to (v); and does not include a licensee or financial institution acting exclusively in the ordinary course of its customary business;
Clearing Facility means a person that –
Clearing Facility means a central counterparty or clearing house;
Clearing Facility means a facility for —
Clearing Facility means ASX Clear (Futures) Pty Ltd (ACN 050 615 864)LCH.Clearnet.