ForexClear Contract definition

ForexClear Contract means a ForexClear Non-Deliverable Contract or a
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ForexClear Contract means a Contract entered into by the Clearing House with a ForexClear Clearing Member on the ForexClear Contract Terms which includes, in the case of the Default Rules (including the ForexClear DMP Annex but excluding, for the avoidance of doubt, the Client Clearing Annex), the FCM Default Fund Agreement and any other document, rule or procedure as specified by the Clearing House from time to time, an FCM ForexClear Contract
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ForexClear Contract means a ForexClear NDF Contract, a ForexClear SpotContract, a ForexClear Deliverable Forward Contract, a ForexClear Option Contract or a ForexClear Swap Contract
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Examples of ForexClear Contract in a sentence

  • 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 a ForexClear 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.

  • Each FCM ForexClear Contract will also be assigned a unique trade identifier.

  • An FCM Clearing Member's FCM ForexClear Contract positions are also recorded within the FCM ForexClear Clearing System in ForexClear accounts.

  • For purposes of reporting obligations to the CFTC, FXCCMs may only report details of ForexClear Contracts, including terminations and modifications to a ForexClear Contract, to an Approved LCH SDR.

  • The Clearing House will notify the FXCCMs of any date adjustments made to any ForexClear Contract.

  • This paragraph applies even if the Settlement Date has been adjusted in accordance with the FCM ForexClear Contract Terms.

  • The Clearing House is the Calculation Agent and will store and apply the Settlement Rate Option and the Valuation Date for each FCM ForexClear Contract.

  • No amendment of the financial terms of an FCM ForexClear Transaction or FCM ForexClear Contract is permitted.

  • With respect to each FCM ForexClear Contract, the Settlement Currency Amount is calculated by the application of the Settlement Rate to the Notional Amount in accordance with the FCM ForexClear Contract Terms (see Part A of Schedule 2 to the FCM Product Specific Contract Terms And Eligibility Criteria Manual).

  • A successful cancellation message results in a “CANCELLED” status message if the FCM ForexClear Transaction or the FCM ForexClear Contract (as the case may be) is cancelled during the Opening Hours.


More Definitions of ForexClear Contract

ForexClear Contract means a Contract entered into by the Clearing House with a
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Related to ForexClear 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;

  • 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.

  • Service Contract means, with respect to a Financed Vehicle, the agreement, if any, financed under the related Receivable that provides for the repair of such Financed Vehicle.

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