House Account definition

House Account means any com- modity account owned by the debtor.
House Account means an account where the firm or an affiliate is the beneficial owner of at least 25%, a pooled account where Employees are the only beneficial owners, or pooled account where the Chief Compliance Officer or designee determines that Employees’ beneficial ownership warrants additional Compliance review and oversight.
House Account means an account owned by a Fund Manager or any of its connected persons over which it can exercise control and influence.

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.


More Definitions of House Account

House Account means an account operated by a Market Participant for principal dealing only. It excludes dealings by the Market Participant on behalf of a corporation related to the Market Participant or another division within that Market Participant’s corporation which is separate from its futures division.
House Account means the account established by the Club in the name of a member that records the amount of the member’s Prepaid Minimum Spend, the value of services provided by the Club for the member, and the member’s payments for those services.
House Account means a charge account with signing authority for use by certain Members that is administered in accordance with these Bylaws and Club Policies;
House Account means a member transactional account.
House Account means any account other than a Client Account. “House Trade” means any Trade other than a Client Trade.
House Account means the house account of the holder of an auction floor licence;
House Account means a Clearing Account for the tracking and booking of Single Contracts of the Member’s own transactions.