Client Money definition
Client Money means any money that a firm receives from or holds for, or on behalf of, a shareholder in the course of, or in connection with, its business unless otherwise specified;
Client Money means, in accordance with the Client Money Rules, money of any currency that the Firm receives or holds for the Client, or on the Client’s behalf, in the course of or in connection with, the business contemplated by the Agreement other than money which is due and payable by the Client to the Firm or any third party;
Examples of Client Money in a sentence
Customer’s money held under relevant virtual asset custodian arrangement may not enjoy the same protection as that conferred on “client money” under the SFO and the Securities and Futures (Client Money) Rules (Chapter 571I).
More Definitions of Client Money
Client Money means the provisions of the FCA's Client Assets Sourcebook relating to client money. ‘Direct Account’ means any part of the FTSE 100 Step Down Kick-Out Plan 27, which is not an ISA. 'Exchange' means for the FTSE 100, London Stock Exchange.
Client Money means all initial and variation cash Margin, option premiums and all other sums received from or due to you pursuant to the Customer Documents which is "Client Money" within the meaning of the Client Money Regulations;
Client Money means money that is paid into the Company and is held for the Client. It is calculated as money deposited by the Client in their Account, plus or minus any unrealised or realised profit or loss of an open position, plus or minus any amount that is due by the Client to the Company and vice versa.
Client Money means any money that the Company receives from the Client or hold for or on Client’s behalf subject to Client money safeguard provisions in accordance with applicable regulation in the course of, or in the connection with, the services provided by the Company;
Client Money means money of any currency we receive or hold for you in the course of, or in connection with, the provision of our Services in respect of which we are required to account to you in accordance with FCA Rules.
Client Money means the provisions of the FCA's Client Assets Sourcebook relating to client money. ‘Direct Account’ means any part of the FTSE 100 Income Deposit Plan 35 - Monthly, which is not an ISA. 'Exchange' means for the FTSE 100, London Stock Exchange plc.
Client Money means the provisions of the FCA's Client Assets Sourcebook relating to client money. ‘Custodian’ means Investec Wealth and Investment Limited.