Client Clearing Services definition

Client Clearing Services means SwapClear Client Clearing Services, RepoClear Client Clearing Services, EquityClear Client Clearing Services, LCH EnClear Client Clearing Services, LSE Derivatives Markets Client Clearing Services, NODAL Client Clearing Services, ForexClear Client Clearing Services, FCM Clearing Services and/or Listed Interest Rates Client Clearing Services
Sample 1Sample 2Sample 3
Client Clearing Services means SwapClear Client Clearing Services, RepoClear
Sample 1Sample 2Sample 3

Examples of Client Clearing Services in a sentence

  • SwapClear Client Clearing Services are provided to SwapClear Clearing Clients through an Individual Segregated Account, an Indirect Gross Account, a Custodial Segregated Account or an Omnibus Segregated Account.

  • Subject to obtaining approval from the Clearing House's Onboarding Department, an SCM may offer certain SwapClear Client Clearing Services to SwapClear Clearing Clients.

  • Subject to obtaining approval from the Clearing House's Membership team, a Clearing Member may offer certain Client Clearing Services to its clients (Clearing Clients).

  • Parameter (8) below explains how the Expected Uncollateralized Loss with respect to a Clearing Member may be different in case a Clearing Member engages in Client Clearing Services.

  • A key (but not isolated) factor which will be considered by the Clearing House in determining whether or not to grant such approval to an individual Clearing Member will be whether the offering of Client Clearing Services by such Clearing Member would contravene the Clearing House's conflicts of law policies by giving rise to conflicts of law issues which cannot be mitigated by the rules and procedures the Clearing House has developed to mitigate such risks.

  • The OTC Clear Board in consultation with the Risk Management Committee shall give written notice of approval or rejection to each Applicant and, in the case where an application is made by an Applicant or a Clearing Member for the provision of Client Clearing Services, the OTC Clear Board in consultation withthe Risk Management Committee shall give written notice of approval or rejection to each such application.308.

  • A Clearing Member shall, prior to offering Client Clearing Services to its Clients, obtain relevant approval from OTC Clear.

  • OTC Clear may stipulate any conditions or requirements in connection with a Clearing Member’s application to provide Client Clearing Services.

  • There are six Clearing Members A, B, C, D, E, and F, and none of these six Clearing Members engage in Client Clearing Services.

  • Any purported client clearing services provided by a Clearing Member prior to the relevant approval being obtained or in breach of any condition or requirement stipulated by OTC Clear in the relevant approval shall not be considered Client Clearing Services under these Clearing Rules, and the clients of such Clearing Member shall not be considered as Clients under these Clearing Rules.

Related to Client Clearing Services

  • Hosting Services means the provision, administration, and maintenance of servers and related equipment, the provision of bandwidth at the hosting facility, and the operation of the Application for access by Customer Users to be provided by the relevant hosting service provider.

  • Engineering Services means infrastructure for –

  • Disaster Recovery Services means the Services embodied in the processes and procedures for restoring the provision of Services following the occurrence of a Disaster, as detailed further in Call Off Schedule 8 (Business Continuity and Disaster Recovery);

  • The Services means those services ancillary to the supply of the Goods, such as transportation and insurance, and any other incidental services, such as installation, commissioning, provision of technical assistance, training, and other such obligations of the Supplier covered under the Contract.

  • Financial Services Provider means any Lender and any other provider of financial services or products;

  • Hosted Services means the hosting, management and operation of the computing hardware, ancillary equipment, Software, firmware, data, other services (including support services), and related resources for remote electronic access and use by the State and its Authorized Users, including any services and facilities related to disaster recovery obligations.