House Clearing Business definition

House Clearing Business means, in respect of SwapClear, SwapClear Clearing House Business and FCM SwapClear Clearing House Business, in respect of ForexClear, ForexClear Clearing House Business and FCM ForexClear Clearing House Business, in respect of RepoClear, RepoClear Clearing House Business and in respect of any other Service, Contracts entered into by a Clearing Member with the Clearing House on a proprietary basis and for its own account
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House Clearing Business means, in respect of SwapClear, SwapClear Clearing House
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House Clearing Business means, in respect of SwapClear, SwapClear Clearing House Business and FCM SwapClear Clearing House Business, in respect of ForexClear, ForexClear Clearing House Business and FCM ForexClear Clearing House Business, in respect of RepoClear, RepoClear Clearing House Business and in respect of any other Service, Contracts entered into by a Clearing Member with the Clearing House on a proprietary basis and for its own account "House Excess" means, in respect of a Proprietary Account, the amount (if any) by which the value (as determined by the Clearing House) of the Clearing Member Current Collateral Balance of such Proprietary Account exceeds the Total Required Margin Amount of such Proprietary Account "Identified Client Omnibus Net Segregated Account" means, in relation to a Relevant Client Clearing Business, (i) an account opened within the Clearing House by the relevant Clearing Member on behalf of its Identified Omnibus Segregated Clearing Clients which is designated by the Clearing House as an Identified Client Omnibus Net Segregated Account; together with (ii) for the purposes of the Default Rules, any Omnibus Segregated Account comprising Determined Omnibus Net Segregated Clients "Identified Client Omnibus Segregated Account" means (i) an Identified Client Omnibus Net Segregated Account or (ii) an Omnibus Gross Segregated Account opened on behalf of a group of Identified Omnibus Segregated Clearing Clients "Identified Omnibus Net Segregated Clearing Clients" means Identified Omnibus Segregated Clearing Clients in respect of whom the relevant Clearing Member clears Contracts with the Clearing House in an Identified Client Omnibus Net Segregated Account "Identified Omnibus Segregated Clearing Clients" means, in relation to a Relevant Client Clearing Business, (i) certain Omnibus Segregated Clearing Clients of the relevant Clearing Member or FCM whose identities have been recorded by the Onboarding department of the Clearing House and who are grouped together in a single Omnibus Segregated Account of the Clearing Member but who are not Affiliated Omnibus Segregated Clearing Clients; together with (ii) for the purposes of the Default Rules, any Determined Omnibus Net Segregated Clearing Clients who are grouped together in a single Omnibus Segregated Account "Impacted ForexClear Option Clearing Member" has the meaning assigned to it in Regulation 100(g) "Index" has the meaning assigned to it in Chapter XIV(a)
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Examples of House Clearing Business in a sentence

  • A SwapClear Clearing Member may request that the Clearing House opens one or more Proprietary Accounts in respect of its House Clearing Business.

  • An FXCCM may request that the Clearing House opens one or more Proprietary Accounts in respect of its House Clearing Business.

  • An EquityClear Clearing Member may request that the Clearing House opens one or more Proprietary Accounts in respect of its House Clearing Business.

  • A RCM may request that the Clearing House opens one or more Proprietary Accounts in respect of its House Clearing Business.

  • A FXCCM may request that the Clearing House opens one or more Proprietary Accounts in respect of its House Clearing Business.

  • A SwapClear Clearing Member may request that the Clearing House opens a Proprietary Account in respect of its House Clearing Business.

  • A Clearing Member may request that the Clearing House opens one or more Proprietary Accounts in respect of its House Clearing Business.

  • A NODAL Service Clearing Member may request that the Clearing House opens one or more Proprietary Accounts in respect of its House Clearing Business.

  • A SwapClear Clearing Member may request that the Clearing House opens a one or more Proprietary Accounts in respect of its House Clearing Business.

  • A LME Service Clearing Member may request that the Clearing House opens one or more Proprietary Accounts in respect of its House Clearing Business.

Related to House Clearing Business

  • Clearing Corporation The meaning specified in Section 8-102(a)(5) of the UCC.

  • Competing Business means any business, individual, partnership, firm, corporation or other entity which wholly or in any significant part engages in any business competing with the Business in the Restricted Area. In no event will the Company or any of its affiliates be deemed a Competing Business.

  • Clearing System means Monte Titoli S.p.A., with offices in Piazza degli Affari no. 6, Milan, Italy ("Monte Titoli").

  • Clearing Member means a registered broker-dealer which is a clearing member under the rules of O.C.C. and a member of a national securities exchange qualified to act as a custodian for an investment company, or any broker-dealer reasonably believed by the Custodian to be such a clearing member.

  • Indirect services means special education services provided by a special education teacher which include ongoing progress reviews; cooperative planning; consultation; demonstration teaching; modification and adaptation of the environment, curriculum, materials, or equipment; and direct contact with children with disabilities to monitor and observe.

  • Separate Business means each of the activities of the Licensee connected

  • Active business operations means all business operations that are not inactive business operations.