Firm Account definition

Firm Account means a proprietary investment or trading account maintained by Ellington for the firm or its employees.
Sample 1Sample 2Sample 3
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.
Sample 1Sample 2Sample 3
Firm Account means an account established by an approved participant, which is confined to positions carried by the approved participant on its own behalf;
Sample 1Sample 2Sample 3

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.

  • Positions are also treated in a similar manner for Firm Account and the Market Maker Account8.

  • 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.

  • In addition, an increase (loss) in margin in one Firm Account can, for example, be offset by a reduction (gain) in margin in another Member's Client Account, since they share the same collateral pool (Margin Deposits).

  • If you are opening an account, please remember to attach an account application to this form.2. Please be sure the title of your account type/ registration as recorded on the transfer form is “like to like.” For example:Delivering Firm Account Title: John Doe IRA RolloverSchwab Account Title: John Doe IRA Rollover3.

  • Generally, when a Partner retires, he is able to withdraw his capital balances existing in the Firm Account on his retirement date which may also include his share of goodwill.

  • If an Supervised Person holds any investment in a Reportable Security outside of a Designated Brokerage Firm Account (e.g., any Reportable Security held in a non-Designated Brokerage Firm Account, any Private Placement Investment or an equity investment held directly through the issuer), such Supervised Person must independently report such investment on the Accounts, Holdings and Transactions certification.

  • Lastly, for the Firm Account, the Initial Margin is calculated at the account level which also corresponds to Risk Account level.

  • However, if there are any investments that occur outside of a Designated Brokerage Firm Account (e.g., purchase or redemption of a private placement or an equity investment held directly through the issuer), Employees must independently report such investments to Kenmar on the Quarterly Investments Transaction affirmation through Compliance11 no later than 30 days after quarter-end.

  • To transfer stock to an individual or charitable organization’s account at another brokerage firm, complete this section.Receiving Firm Name / DTC#:Receiving Firm Account Title:Receiving Firm Account Number: Receiving Firm Address:CityStateZip SymbolNo. of SharesPurchase DatePurchase PriceSymbolNo. of SharesPurchase DatePurchase Price Note: if the purchase date and purchase price are not completed on the form, the shares donated will be selected on a FIFO basis (first-in, first-out).


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.
Sample 1Sample 2

Related to Firm Account

  • Separate Account shall have the respective meanings assigned to such terms in Section 3 of ERISA.

  • Cash Account has the meaning set forth in Section 2.1(a)(ii).

  • In-Service Account means a separate account to be kept for each Participant that has elected to take in-service distributions as described in Section 5.4. The In-Service Account shall be adjusted in the same manner and at the same time as the Deferred Compensation Account under Section 8 and in accordance with the rules and elections in effect under Section 8.

  • FT Account Pool #: Mortgagor's Name, Address and Zip Code: Mortgage Loan Number: Reason for Requesting Documents (check one)

  • Primary Account or “Settlement Account” shall mean, in case of multiple Accounts linked to the ATM/Debit Card, the Account that has been designated as being the main/first Account of operation i.e. the Account from which purchase transactions, charges and fees related to the ATM/Debit Card are debited.

  • Separate Accounts means the accounts which are to be prepared for each

  • Billing Account is the checking account from which all Service fees will be automatically debited.

  • Tax Account shall have the meaning set forth in Section 8.6 hereof.

  • Purchase Account means the account so designated in each Purchase and Remarketing Fund.

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

  • Settlement Account means an account established at a financial institution designated by Merchant as the account to be credited and debited by the Servicers for Transactions, Card Fees, Chargebacks and other amount assessed by a Card Association and passed- through to Merchant pursuant to the terms of this Agreement.

  • Distribution Accounts Collectively, the Upper-Tier REMIC Distribution Account, the Lower-Tier REMIC Distribution Account, the Excess Interest Distribution Account (and in each case any subaccount thereof), all of which may be subaccounts of a single Eligible Account.

  • Payroll Deduction Account means the bookkeeping account established for a Participant in accordance with Section 6.

  • Commercial account means an arrangement whereby a retail distributor sells hazardous chemicals to an employer, generally in large quantities over time and/or at costs that are below the regular retail price.

  • frozen account means an account with a relevant institution which is held or controlled (directly or indirectly) by a designated person;

  • Seller Account shall have the meaning set forth in the preamble of this Agreement.

  • Expense Account The account established and maintained pursuant to Section 3.25.

  • Suspense Account means the account established by the Trustee for maintaining contributions and forfeitures which have not yet been allocated to Participants.

  • Company Contribution Account means (i) the sum of the Participant’s Company Contribution Amounts, plus (ii) amounts credited or debited to the Participant’s Company Contribution Account in accordance with this Plan, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant’s Company Contribution Account.

  • Share Account A form of Deposit Account that each member is required to maintain to remain a member of BECU. We, us, our: BECU. You, your: Each person or entity, individually, and collectively, who opens, establishes, accesses, is named as an Account Holder or Authorized Signer or who applies for any Account.

  • Project Account means the account referred to in Section 3.04 (a) of this Agreement;

  • Completion Accounts means the consolidated balance sheet of the Group as at the Completion Date to be prepared in accordance with Schedule 8 (Completion Accounts);

  • Initial Account means, as of the Cut-Off Date, an Eligible Credit Card Account that satisfies the Account Eligibility Criteria and is listed on the computer file delivered to the Custodian on July 27, 2020 pursuant to the Pooling and Servicing Agreement.

  • Employer Contribution Account means, for any Participant, the account established by the Administrator or Trustee to which Employer Contributions made under Section 3.5 for the Participant's benefit are credited.

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

  • Joint Account means an Account opened in more than one name;