Net Omnibus 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 Clients of the Clearing Participant, where Trade Legs are margined on a net basis. Depending on the
Net Omnibus 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 Clients of the Clearing Participant, where Trade Legs are margined on a net 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
Net Omnibus Client Position Account means a Position Account for the registration of Positions held by a Clearing Participant as principal in its own name and capacity, but for the joint account of Clients of such Clearing Participant, where Positions are margined on a net basis.
More Definitions of Net Omnibus Client Position Account
Net Omnibus Client Position Account means a type of Omnibus Client Position Account where Trade Legs are margined on a net basis.