Derivatives Clearing Organization definition

Derivatives Clearing Organization means an organisation designated and registered as such by way of United States Code Title 7, Chapter 1, paragraph 7a-1;
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Derivatives Clearing Organization or “DCO” means a “derivatives clearing organization” registered with the CFTC pursuant to Section 5b of the Act or a Clearing House operating pursuant to a CFTC no-action letter or exemption from registration with the CFTC.
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Derivatives Clearing Organization means an organization designated and registered as such by way of 7 U.S.C.A. § 1a(15).
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Examples of Derivatives Clearing Organization in a sentence

  • Regional Transit-Oriented Development CommitteeThe Regional Transit-Oriented Development Committee (RTODC) serves as an advisory committee to the Growth Management Policy Board.

  • Post-allocation Swaps shall be respectively effected and reported in accordance with the rules of the Derivatives Clearing Organization and Swap Data Repository and in accordance with CFTC Regulations.

  • The Clearing House will treat all Confidential Material in the terms envisaged in this Annex to the Agreement, confining use to the Rates Service DMP, restricting its availability on a “ strictly need to know basis”, and exercising every duty of care required of it as a Recognised Clearing House and as a Derivatives Clearing Organization.

  • Company DCO: The Derivatives Clearing Organization of the Company.

  • If a Company Contract is rejected for clearing by the Company’s Derivatives Clearing Organization for any reason, such Company Contract is void ab initio.

  • Company Contracts with the same terms and conditions, as defined by the Company Contract Specifications, submitted to the Company’s Derivatives Clearing Organization for clearing, are economically equivalent within the Company’s Derivatives Clearing Organization and may be offset with each other within the Company’s Derivatives Clearing Organization.

  • Information on settlement prices and open interest shall be provided, if applicable, by the relevant Derivatives Clearing Organization.

  • Upon the successful matching of Orders, the Company’s Derivatives Clearing Organization shall immediately, through the process of Novation, be substituted as and assume the position of seller to the Participant buying and buyer to the Participant selling the relevant Company Contract.

  • The Clearing House will treat all Confidential Material in the terms envisaged in this Schedule, confining use to the Rates Service DMP, restricting its availability on a "strictly need to know basis", and exercising every duty of care required of it as a Recognised Clearing House and as a Derivatives Clearing Organization.

  • The Clearing House will treat all Confidential Material in the terms envisaged in Schedule 1 (Confidentiality, non-disclosure and participation in the ForexClear Default Management Group), confining use to the ForexClear Default Management Process, restricting its availability on a "strictly need to know basis", and exercising every duty of care required of it as a Recognised Clearing House and as a Derivatives Clearing Organization.


More Definitions of Derivatives Clearing Organization

Derivatives Clearing Organization shall have the meaning given the term in Section 1a(15) of the CEA.
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Related to Derivatives Clearing Organization

  • Derivatives Contract means a contract, including all related documentation, between two parties (the “Receiving Party” and the “Counterparty”) that is designed to produce economic benefits and risks to the Receiving Party that correspond substantially to the ownership by the Receiving Party of a number of shares of Common Stock specified or referenced in such contract (the number corresponding to such economic benefits and risks, the “Notional Common Shares”), regardless of whether obligations under such contract are required or permitted to be settled through the delivery of cash, shares of Common Stock or other property, without regard to any short position under the same or any other Derivatives Contract. For the avoidance of doubt, interests in broad-based index options, broad-based index futures and broad-based publicly traded market baskets of stocks approved for trading by the appropriate federal governmental authority shall not be deemed “Derivatives Contracts.”

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

  • Cleared UCAP means the amount of MW (rounded down to the nearest tenth of a MW) that had been subject to an Offer Floor but has cleared in accordance with Section 23.4.5.7.