Gross Omnibus Indirect Client Position Account definition

Gross Omnibus Indirect Client Position Account means an Account opened by EuroCCP in the name of the Clearing Participant, for registration of Trade Legs held for the joint account of Indirect Clients of the Clearing Participant, where Trade Legs are margined on a gross basis. Depending on the position netting attribute specified for an Account, each Open Position in a relevant sub-account is recorded as (a) a single net value, being either a net Buy value or a net Sell value, or (b) two net values, being a net Buy value and a net Sell value;
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Gross Omnibus Indirect Client Position Account means an Account opened by EuroCCP in the name of the Clearing Participant, for registration of Trade Legs held for the joint account of Indirect Clients of the Clearing Participant, where Trade Legs are margined on a gross basis;
Sample 1
Gross Omnibus Indirect Client Position Account means a Position Account held by a Clearing Participant as principal in its own name and capacity, but for a Client of that Clearing Participant in relation to the joint account of Clients of that Client, where Positions are margined on a gross basis.
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Examples of Gross Omnibus Indirect Client Position Account in a sentence

  • A Gross Omnibus (Indirect) Client Collateral Account is an Account opened by EuroCCP in the name of the Clearing Participant, holding Collateral deposited by the Clearing Participant to cover the Margin for the corresponding Gross Omnibus (Indirect) Client Position Account The (Indirect) Clients within this type of Account may or may not be known to EuroCCP.

  • This does makes it less easy to compare the costs incurred by the Fund with those of peer pension funds.


More Definitions of Gross Omnibus Indirect Client Position Account

Gross Omnibus Indirect Client Position Account means a type of Omnibus Indirect Client Position Account where Trade Legs are margined on a gross basis.
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Related to Gross Omnibus Indirect Client Position Account

  • Customer channel termination point means the location where the customer either inputs or receives the communications.

  • Collective agreement year means each twelve (12) month period commencing on the first day of the renewed collective agreement. For example, the collective agreement year for a collective agreement that commences on April 1, 2014 is April 1, 2014 to March 31, 2015 and each period from April 1 to March 31 for the term of the collective agreement.

  • Best available control technology (BACT means an emissions limitation (including a visible emission standard) based on the maximum degree of reduction for each pollutant subject to regulation under CAA which would be emitted from any proposed major stationary source or major modification which the Department, on a case-by-case basis, takes into account energy, environmental, and economic impacts and other costs, determines is achievable for such source or modification through application of production processes or available methods, systems, and techniques, including fuel cleaning or treatment or innovative fuel combustion techniques for control of such pollutant. In no event shall application of best available control technology result in emissions of any pollutant which would exceed the emissions allowed by any applicable standard under 7 DE Admin. Code 1120 and 1121. If the Department determines that technological or economic limitations on the application of measurement methodology to a particular emissions unit would make the imposition of an emissions standard infeasible, a design, equipment, work practice, operational standard, or combination thereof, may be prescribed instead to satisfy the requirement for the application of best available control technology. Such standard shall, to the degree possible, set forth the emissions reduction achievable by implementation of such design, equipment, work practice or operation, and shall provide for compliance by means which achieve equivalent results.

  • Net Long Position means: such shares of Common Stock Beneficially Owned, directly or indirectly, that constitute such person’s net long position as defined in Rule 14e-4 under the Exchange Act mutatis mutandis, provided that “Net Long Position” shall not include any shares as to which such person does not have the right to vote or direct the vote; and the terms “person” or “persons” shall mean any individual, corporation (including not-for-profit), general or limited partnership, limited liability or unlimited liability company, joint venture, estate, trust, association, organization or other entity of any kind or nature.

  • Deep poverty pocket means a population census tract having a

  • Periodic Term SOFR Determination Day has the meaning specified in the definition of “Term SOFR”.

  • Best available control technology or “BACT” means an emissions limitation, including a visible emissions standard, based on the maximum degree of reduction for each regulated NSR pollutant which would be emitted from any proposed major stationary source or major modification which the reviewing authority, on a case-by-case basis, taking into account energy, environmental, and economic impacts and other costs, determines is achievable for such source or modification through application of production processes or available methods, systems, and techniques, including fuel cleaning or treatment or innovative fuel combination techniques for control of such pollutant. In no event shall application of best available control technology result in emissions of any pollutant which would exceed the emissions allowed by any applicable standard under 567—subrules 23.1(2) through 23.1(5) (standards for new stationary sources, federal standards for hazardous air pollutants, and federal emissions guidelines), or federal regulations as set forth in 40 CFR Parts 60, 61 and 63 but not yet adopted by the state. If the department determines that technological or economic limitations on the application of measurement methodology to a particular emissions unit would make the imposition of an emissions standard infeasible, a design, equipment, work practice, operational standard or combination thereof may be prescribed instead to satisfy the requirement for the application of best available control technology. Such standard shall, to the degree possible, set forth the emissions reduction achievable by implementation of such design, equipment, work practice or operation and shall provide for compliance by means which achieve equivalent results.