EquityClear Contract definition

EquityClear Contract means an EquityClear (Equities) Contract and/or an EquityClear (ccCFD) Contract (as applicable)"EquityClear Contract Terms"means the EquityClear (Equities) Contract Terms and/or the EquityClear (ccCFD) Contract Terms as the case may be"EquityClear Eligibility Criteria"means the EquityClear Open Offer Eligibility Criteria or the EquityClear Novation Transaction Eligibility Criteria (as applicable)"EquityClear Eligible ccCFD"means a contract for difference in respect of an EquityClear Eligible Instrument (as such term is defined in the Procedures) prescribed by the Clearing House and eligible for those prescribed parts of the EquityClear service and which appear in the list or lists published for this purpose from time to time by the Clearing House"EquityClear Eligible Equities"means securities prescribed from time to time by the Clearing House which are eligible for any part or parts of the EquityClear service and which appear in the list or lists published from time to time by the Clearing House"EquityClear Eligible Instruments"has the meaning assigned to it in Section 1.1.3 (EquityClear Eligible Instruments) of Procedure 2D (EquityClear Clearing Service)"EquityClear (Equities) ATP Match"means, in respect of an ATP, a match on such ATP of Trading Platform Particulars which relate to EquityClear Eligible Equities and are submitted by, or on behalf of: (i) two EquityClear Clearing Members (with one as buyer and one as seller); or (ii) one EquityClear Clearing Member and one member of a relevant Co-operating Clearing House (with one as buyer and one as seller), (i) which match the Clearing House and the ATP have agreed will be cleared in accordance with, and subject to, the ATP Market Rules and the Rulebook via the EquityClear (Equities) Open Offer clearing mechanism (and not via novation under Regulation 69); and (ii) regardless of whether such match is described or characterised as a trade, transaction or agreement in the relevant ATP Market Rules"EquityClear (Equities) Contract"means an EquityClear Contract entered into by the Clearing House with an EquityClear Clearing Member on the EquityClear (Equities) Contract Terms or such other terms specified by the relevant ATP
EquityClear Contract means an EquityClear (Equities) Contract and/or an
EquityClear Contract means an EquityClear (Equities) Contract and/or an EquityClear (ccCFD) Contract (as applicable)

Examples of EquityClear Contract in a sentence

  • The Clearing House shall not be responsible for any act or omission with regard to any Corporate Action (for example a rights issue, dividend or Cash Equivalent Dividend Payment or other corporate entitlement) relating to any EquityClear Eligible Instrument which is the subject of any EquityClear Contract, other than as set out in these Procedures.

  • The Clearing House may instruct an ASP to cease Technical Netting in respect of one or more transactions at the ASP where the Clearing House considers (in its sole discretion) this necessary to effect settlement of any EquityClear Contract.

  • If the Clearing House incurs any liability to pay any tax in respect of any dividend or other income in respect of any Corporate Action then it shall have the right to require reimbursement in respect of such tax liability from the Clearing Member who is or was party to the EquityClear Contract concerned.

  • The Clearing House (acting, where applicable, through the entity to which it has elected to delegate the relevant reporting obligation) shall report to a trade repository or similar body the details of an EquityClear Contract and any modification or termination of such contract without duplication and no later than the working day following the conclusion, modification or termination of such contract, in line with the requirements of applicable law.

  • Unless the Clearing House provides otherwise by circular, the ISD of an EquityClear Contract will be determined by the rules of the ATP on which the original trade was executed or, where those ATPs do not set an ISD, by the rules of the home market of the underlying EquityClear Eligible Instrument (as may be varied by the Clearing House to take account of local currency holidays).

  • The Clearing House (acting, where applicable, through the entity to which it has elected to delegate the relevant reporting obligation) shall report to a trade repository or similar body the details of an EquityClear Contract and any modification or termination of such contract without duplication and no later than the working day following the conclusion, modification or termination of such contract, in line with the requirements of Applicable Law.

  • In the event that the Clearing House incurs any liability to pay any tax in respect of any dividend or other income in respect of any Corporate Action then it shall have the right to require reimbursement in respect of such tax liability from the Clearing Member who is or was party to the EquityClear Contract concerned.

  • The terms of an EquityClear Contract shall comprise the Economic Terms and the General Terms.

  • EquityClear (ccCFD) Contract - An EquityClear Contract entered into by the Clearing Housewith an EquityClear Clearing Member on the EquityClear (ccCFD) Contract Terms or such other terms specified by the relevant ATP.

  • EquityClear Contract - An EquityClear (Equities) Contract and/or an EquityClear(ccCFD) Contract as the case may be.


More Definitions of EquityClear Contract

EquityClear Contract means an EquityClear (Equities) Contract and/or an EquityClear (ccCFD) Contract as the case may be

Related to EquityClear Contract

  • sub-contract means the primary contractor’s assigning, leasing, making out work to, or employing, another person to support such primary contractor in the execution of part of a project in terms of the contract;

  • Key Sub-Contract means each Sub-Contract with a Key Sub-Contractor;

  • Charter contract or "contract" means a fixed-term, renewable contract

  • Construction management contract means a contract in which a party is retained by the owner to

  • Procurement Contract or “Contract” means any written agreement of the Authority for the acquisition of goods or services of any kind in the actual or estimated amount of $25,000, or more.

  • Public contract means an agreement between a public body and a nongovernmental source that is