Net Omnibus Indirect Client Position Account definition

Net Omnibus Indirect Client Position Account means an Account opened by Cboe Clear in the name of the Clearing Participant, for registration of Trade Legs held for the joint account of Indirect Clients of the Clearing Participant, where Trade Legs are margined on a net basis;

Net Omnibus Indirect 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 a Client of such Clearing Participant in relation to the joint account of Clients of that Client, where Positions are margined on a net basis.

Net Omnibus Indirect 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

Examples of Net Omnibus Indirect Client Position Account in a sentence

• Collateral posted to EuroCCP in respect of the Net Omnibus (Indirect) Client Account serves as security for all Trade Legs registered in the Net Omnibus (Indirect) Client Position Account, and EuroCCP will not attribute any portion of the Collateral to a specific (Indirect) Client.

• EuroCCP offers the following types of Accounts: 2.3.1. Net Omnibus (Indirect) Client AccountA Net Omnibus (Indirect) Client Position Account is an Account opened by EuroCCP in the name of the Clearing Participant, for registration of Trade Legs held for the joint account of (Indirect) Clients of the Clearing Participant, where Trade Legs are margined on a net basis.

• A Net Omnibus (Indirect) Client Collateral Account is an Account opened by EuroCCP in the name of the Clearing Participant, holding the Collateral deposited by the Clearing Participant to cover the Margin for the corresponding Net Omnibus (Indirect) Client Position Account.

• They respond today to an expectation of customers who are looking for a personalized and authentic speech: "to link the real and the virtual" (Krishnamurthy, 2002).

More Definitions of Net Omnibus Indirect Client Position Account

Net Omnibus Indirect 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 Indirect 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 (b) two net values, being a net Buy value and a net Sell value;

Net Omnibus Indirect Client Position Account means a type of Omnibus Indirect Client Position Account where Trade Legs are margined on a net basis.