Firm Account definition

Firm Account means a proprietary investment or trading account maintained by Ellington for the firm or its employees.

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Firm Account. – means the account or accounts required to be established for Firm Transactions of the Clearing Members pursuant to Sections B-102, B-103, C-102, C-103, D-102 and D-103.

Firm Account means an account established by an approved participant, which is confined to positions carried by the approved participant on its own behalf;

Examples of Firm Account in a sentence

• By signature on this document, (i) I acknowledge the Representations and Warranties set forth in Appendix C of the prospectus, including the suitability requirements therein, and (ii) I authorize the named Financial Advisor to make changes, or correct any clerical errors, on this document with regards to the Series and/ or Class of the fund specified in Section 1(a), the Selling Firm Account Number in Section 2, or the Account Type in Section 4(a) below.

• The Company will D.W.A.C. shares of the Company's Common Stock to the account of the Escrow Agent as follows: Brokerage Firm: Account #: DTC #: Name on Account: Eric S.

• FUND:________________________________________________ PURCHASE AMOUNT:_____________________________________ FUTURES CLEARING ACCOUNT: _____ Firm Account _____ Customer Segregated Account Service Provider is instructed to forward this Purchase Order to Transfer Agent but is not obligated to forward Member Firm's name to Transfer Agent.

• Company shall manage the cash and cash equivalents of Firm, and Company shall be entitled (and is hereby authorized) to transfer such cash from the Firm Account and to use such cash for purposes as Company deems appropriate.

• CME shall make appropriate entries in its books and records to adjust Fund Share balances held in respect of Member Firm's Firm Account or Customer Segregated Account, as the case may be, to reflect such distributions.

• For all Fund Shares deposited by Member Firms with --------------------- CME as collateral and registered in the name of CME on the records of the Fund, CME will record the name and quantity of Fund Shares that have been deposited by the relevant Member Firm in respect of such Member Firm's proprietary trading account at CME (the "Firm Account") or its customer trading account at CME (the "Customer Segregated Account") in the same manner as CME records deposits of other forms of acceptable collateral.

• Escrow Account" (the "Escrow Account") with Continental Stock Transfer & Trust Company (the "Escrow Agent") or the Clearing Firm Account (as defined below).

• If Member Firm has designated above that this withdrawal is from its Firm Account, CME instructs Transfer Agent to transfer Fund Shares currently held in the Firm Fund Share Account maintained by CME and re-register such shares in the name of Member Firm.

• The Service Provider will ----------------------------------------- calculate the number of Fund Shares of each Fund payable as dividends to the relevant Firm Account and Customer Segregated Account of each Beneficial Owner based on information provided by the relevant Fund.

• If Member Firm has designated above that this deposit is to its Firm Account, Member Firm instructs Transfer Agent to carry such Fund Shares in the Firm Fund Share Account maintained by CME with the Transfer Agent.

More Definitions of Firm Account

Firm Account. – means the account or accounts required to be established for Firm Transactions of the Clearing Members pursuant to Sections B-102, B-103, C-102, C-103, D-102 and D-103. The requirements of the GCM or Non-GCM Regime will not be applicable to this account.