FDMS SETTLEMENT RULES definition

FDMS SETTLEMENT RULES means the policies, rules and procedures adopted by FDMS from time to time in effect from time to time to provide for the payment of amounts due as the result of Interchange Settlement, including the FDMS user manual relating to settlement.
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Related to FDMS SETTLEMENT RULES

  • ASTC Settlement Rules means the operating rules of ASTC and, to the extent that they are applicable, the operating rules of ASX and the operating rules of the Australian Clearing House Pty Limited;

  • ASX Settlement means ASX Settlement Pty Ltd (ABN 49 008 504 532);

  • ASX Settlement Operating Rules means the rules of ASX Settlement Pty Ltd which apply while the Company is an issuer of CHESS approved securities;

  • PJM Settlement or “PJM Settlement, Inc.” shall mean PJM Settlement, Inc. (or its successor), established by PJM as set forth in Section 3.3 of the Operating Agreement.

  • securities settlement system means a system that enables securities to be transferred and settled by book entry according to a set of predetermined multilateral rules.