Client Transaction Account definition

Client Transaction Account. ("CTA") means an account maintained for us by an exchange, clearing house, intermediate broker or OTC counterparty, who we allow to hold client money under CASS 7.14 (Client money held by a third party);
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Client Transaction Account or “CTA” means an account containing your segregated funds, which have been transferred to an intermediate broker or liquidity provider in accordance with Applicable Law
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Client Transaction Account means an account with any person which the investment bank maintains for the purpose of—
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Examples of Client Transaction Account in a sentence

  • Eurex Clearing AG will calculate the Margin Requirement for each FCM Client Transaction Account for the end-of-day settlement cycle and issue a Margin Call for the corresponding FCM Client Margin Sub-Account without regard to any Encumbered FCM Client Buffer applied to such FCM Client Margin Sub-Account on the Business Day to which the end-of-day Margin Call applies.

  • The Eligible Margin Assets recorded on a Segregated Internal Margin Account shall be deemed allocated pro rata to each of the related Client Transaction Accounts up to an amount equal to the related Margin Requirement for each such Client Transaction Account.

  • Eurex Clearing AG will notify an FCM Clearing Member of the FCM Client Margin Requirement for each FCM Client Transaction Account.

  • Eurex Clearing AG calculates a separate FCM Client Margin Requirement for each FCM Client Transaction Account.

  • In respect of any relevant Client Transaction Account to which, following a porting, such Transactions are booked, the Replacement Clearing Member may give a Net Margin Instruction in accordance with thisParagraph (2).

  • Eurex Clearing AG may rely on, and is not obligated to verify, the contents of any such instruction from the FCM Clearing Member.4.2.3 With respect to each FCM Client Transaction Account the following applies: (1) The FCM Clearing Member shall ensure that each instruction to book Swap Transactions to a certain FCM Client Transaction Account only relates to FCM Client Transactions of the FCM Client for such FCM Client Transaction Account.

  • The other two forms deal with the church as organism, referring to individual Christians in their daily lives and in their voluntary actions (Koopman, 2007:284).

  • Enter into one or more Original Swap Transactions that economically reverse one or more of the FCM Client Transactions in the FCM Clearing Member’s FCM Client Transaction Account for the Affected FCM Client, and submit such Original Swap Transaction(s) to be booked (if concluded by way of novation as set out in Number 1.3.3) as FCM Client Transactions in such FCM Client Transaction Account.

  • Eurex Clearing AG will notify an FCM Clearing Member of the FCM Client Margin Requirement for each FCM Client Transaction Account with a corresponding FCM Client Margin Sub-Account in the FCM Client Margin Account.

  • The “ CCP Single Transaction Amount” shall be determined with respect to each terminated Swap Transaction for all FCM Clearing Member Own Transaction Accounts or the relevant FCM Client Transaction Account and shall equal its CCP Market Price on the relevant CCP Valuation Date.

Related to Client Transaction Account

  • Transaction Account means a cash account established and maintained by Repo Custodian for the Funds to effect repurchase transactions pursuant to the Master Agreement.

  • Collection Account Agreement means an agreement substantially in the form of Exhibit VI among Originator, Seller, the Agent and a Collection Bank.

  • Concentration Account Agreement as defined in subsection 4.16(b).

  • Collection Accounts As defined in Section 3.10(a).

  • Collection Account Control Agreement means that certain Collection Account Control Agreement, to be entered into by and among the Borrower, the Lender and Bank, with respect to the Collection Account, in form and substance acceptable to the Lender and the Borrower, as the same may be amended, modified or supplemented from time to time.

  • Concentration Account has the meaning provided in Section 6.13(c).

  • Exchange Note Collection Account means the account established under Section 4.1(a) of the Servicing Supplement.

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Concentration Accounts has the meaning ascribed to it in Annex C.

  • Prepayment Account for any Class of Loans shall mean an account (which may include the Prepayment Account established under the Security Agreement) established by the Borrower with the Collateral Agent and over which the Collateral Agent shall have exclusive dominion and control, including the exclusive right of withdrawal for application in accordance with this subsection (viii). The Collateral Agent will, at the request of the Borrower, invest amounts on deposit in the Prepayment Account for any Class of Loans in Cash Equivalents that mature prior to the last day of the applicable Interest Periods of the Eurodollar Loans of such Class to be prepaid; provided, however, that (i) the Collateral Agent shall not be required to make any investment that, in its sole judgment, would require or cause the Collateral Agent to be in, or would result in any, violation of any Law, (ii) such Cash Equivalents shall be subjected to a First Priority Lien in favor of the Collateral Agent and (iii) if any Event of Default shall have occurred and be continuing, the selection of such Cash Equivalents shall be in the sole discretion of the Collateral Agent. The Borrower shall indemnify the Collateral Agent for any losses relating to such investments in Cash Equivalents so that the amount available to prepay Eurodollar Loans on the last day of the applicable Interest Periods is not less than the amount that would have been available had no investments been made pursuant thereto. Other than any interest or profits earned on such investments, the Prepayment Accounts shall not bear interest. Interest or profits, if any, on the investments in any Prepayment Account shall accumulate in such Prepayment Account until all outstanding Loans of any applicable Class with respect to which amounts have been deposited in the Prepayment Accounts have been prepaid in full, at which time so much thereof as is not required to make payment of the Senior Credit Obligations which have become due and payable (whether by scheduled maturity, acceleration or otherwise) shall be withdrawn by the Collateral Agent on the next Business Day following the day on which the Collateral Agent considers the funds deposited therein to be collected funds and disbursed to the Borrower or its order. If the maturity of the Loans has been accelerated pursuant to Section 8.02, the Administrative Agent may, in its sole discretion, cause the Collateral Agent to withdraw amounts on deposit in the Prepayment Account for the applicable Class of Loans and, subject to Section 8.03, apply such funds to satisfy the Senior Credit Obligations of the applicable Class or Classes.

  • Loan Combination Custodial Account means the “Loan Combination Custodial Account” or analogous account established for the Mortgage Loan pursuant to the Lead Securitization Servicing Agreement.

  • Interest Collection Account A Securities Account created and maintained on the books and records of the Securities Intermediary entitled “Interest Collection Account” in the name of the Borrower and subject to the prior Lien of the Collateral Agent for the benefit of the Secured Parties.

  • Investment Account As defined in Section 3.12(a).

  • Collections Account has the meaning given to such term in Section 3.01(a) hereof.

  • Finance Charge Account is defined in Section 4.9(a).

  • Principal Collection Account A Securities Account created and maintained on the books and records of the Securities Intermediary entitled “Principal Collection Account” in the name of the Borrower and subject to the prior Lien of the Collateral Agent for the benefit of the Secured Parties.

  • Debit Card Transaction means an electronic payment using a Card for the purchase of goods or services (which can include payment for CashBack), by a Cardholder, to a Retailer displaying the Visa logo and/or who is in the Visa Scheme.

  • Collateral Account Agreement means the Collateral Account Agreement executed and delivered by Company and Administrative Agent on the Closing Date, substantially in the form of EXHIBIT XXIII annexed hereto, as such Collateral Account Agreement may hereafter be amended, supplemented or otherwise modified from time to time.

  • Control Account Agreement means any tri-party agreement by and among a Loan Party, the Administrative Agent and a depositary bank or securities intermediary at which such Loan Party maintains a Controlled Account, in each case in form and substance satisfactory to the Administrative Agent.

  • Clearing Account Agreement means that certain agreement relating to clearing account services by and among Mortgage Borrower, Lender and Clearing Account Bank, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time, relating to the operation and maintenance of, and application of funds in, the Clearing Account.

  • Special Account means the account referred to in Section 2.02 (b) of this Agreement;

  • Sub-Account means any of the individual sub-accounts of a Participant’s Account that is maintained as provided in Article VIII.

  • Collection Account Bank means any of the banks or other financial institutions holding one or more Collection Accounts.

  • Dominion Account shall have the meaning assigned to such term in Section 5.11(b).

  • Lockbox Account Agreement means any replacement agreement therefor among the Servicer, the Trust Collateral Agent and the Lockbox Bank.