Isolated Trade definition

Isolated Trade means, as the case may be, either, in relation to an Exchange Trade, a trade which is designated by the two counterparty Exchange Participants concerned to be settled under the Isolated Trades System or in relation to a Clearing Agency Transaction, a trade which is reported by a Clearing Agency Participant to be settled under the Isolated Trade System or, such other trade or transaction between Participants (including an Exchange Trade and a Clearing Agency Transaction but excluding a SI Transaction) which is not accepted by HKSCC for settlement under the CNS System;
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Isolated Trade means, as the case may be, either, in relation to an Exchange
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Isolated Trade means an Exchange Trade which is designated by the two counterparty Exchange Participants concerned to be settled under the Isolated Trades System or one which is not accepted by HKSCC for settlement under the CNS System;
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Related to Isolated Trade

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