Examples of House Account in a sentence
The term "Clearing House Account" means an account of the Clearing House at an Approved Financial Institution.
For the purposes of this Clearing Rule Book, the following capitalised terms shall, unless specifically provided otherwise, have the respective meanings set out below: Account Structure: The House Account Structure(s) and the Client Account Structure(s) registered in the Clearing System in the name of a Clearing Member.
Deposits must be made on the CC&G securities accounts, opened at Monte Titoli on request of the Clearing Member in relation to one or more of the following accounts opened in the CC&G system: - House Account; - MOA account; - ISA account; - AOA account; - NOSA account; - XXXX account.
Description: sets out the detailed components of the estimated calculation relating to the Margin Requirements that would be required to be posted if the relevant Eligible Weekly Backloading Transactions or Irrevocable Weekly Backloading Transactions (as applicable) were registered as Cleared Transactions in the Clearing Member’s House Account Structure at the time of the estimate.
With respect to Clearing Member House Account positions, the Clearing House shall ensure Initial Margin requirements are calculated and collected using a liquidation period of not less than two (2) days calculated on a net basis.