Examples of ForexClear Settlement Event in a sentence
In the case of a ForexClear Settlement Event, the Clearing House will apply additional checks to each ForexClear Spot Transaction by reference to its impact on the Settlement Position Amount of the Impacted ForexClear Option Clearing Member.
Following the conclusion of the given ForexClear Settlement Event, the Clearing House shall provide notice to each ForexClear Option Clearing Member specifying the Mandatory Settlement ForexClear Swap Contracts (if any) entered into on behalf of such ForexClear Option Clearing Member.
The Clearing House offers an optional “ForexClear Settlement Reduction Service” to ForexClear Clearing Members to facilitate the registration of ForexClear Transactions in connection with a ForexClear Settlement Event.
The Clearing House does not guarantee the conclusion of the given ForexClear Settlement Event through the process set forth in paragraph 1.22.3 above.
If a ForexClear Settlement Event is still continuing at 5:00 PM Eastern Standard Time on the day on which the ForexClear Settlement Event has occurred, it will only cease to be continuing when the Clearing House registers the necessary Mandatory Settlement ForexClear Swap Contracts in accordance with this Regulation.
The Clearing House shall, immediately upon the occurrence of a ForexClear Settlement Event, give notice in writing (which may be given by electronic messaging system or email) to the Impacted ForexClear Option Clearing Member specifying that a ForexClear Settlement Event has occurred with respect to it.
If, at 10:00 AM Eastern Standard Time on any day,(f)(ii) exceeds (f)(i) with respect to a ForexClear Option Clearing Member and a given ForexClear Currency, then a ForexClear Settlement Event shall immediately occur with respect to that ForexClear Option Clearing Member (such ForexClear Option Clearing Member, the " Impacted ForexClear Option Clearing Member") and that ForexClear Currency.