Omnibus Client definition

Omnibus Client means a client on whose behalf an Omnibus Account is maintained with GTN ASIA and the relevant exchanges.
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Omnibus Client means a Customer of CSBHK which has maintained an account or accounts at CSBHK to enable it to conduct Transactions through CSBHK on behalf of another person or persons, such as the Customer being an intermediary acting for its underlying clients, for whom the transaction is effected;
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Omnibus Client means a Account Holder on whose behalf an Omnibus Account is maintained with GTN Asia and the relevant exchanges; "Order(s)" means one or more Market Order(s) and/or one or more Conditional Order(s). If one Order is executed in number of partial executions, it is considered one Order for computation purposes; "Parties/Party/both Parties" mean GTN Asia and/or the Account Holder, as applicable;
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Examples of Omnibus Client in a sentence

  • As noted in Part One B, each CCP may offer at least one Omnibus Client Account and/or at least one Individual Client Account by changing some of the features.

  • We currently make two types of accounts with CSDs available to clients: Individual Client Segregated Accounts (“ISAs”) and Omnibus Client Segregated Accounts (“OSAs”).

  • However, the CCP Transactions and assets that relate to you will be commingled with the CCP Transactions and assets relating to any of our other clients that are recorded in the same Omnibus Client Account.

  • Without limitation of the foregoing, each FCM Clearing Member shall ensure that its books and records accurately reflect at all times the FCM Contracts and the value of any Collateral attributed to each FCM Omnibus Client Account with LCH and each FCM Client Sub-Account therein (where applicable) for the relevant FCM Clients.

  • For example, it may occur at CCP level as a result of Fellow Client Risk (see the explanation of this term in Part Two of this document) in an Omnibus Client Account or a Gross Omnibus Indirect Client Account, with the result that there are insufficient assets available for porting to satisfy our obligations to you in relation to the Client Transactions.

  • However, both we and the CCP may net the CCP Transactions that are recorded in the same Omnibus Client Account.

  • An affiliate may be part of the same Omnibus Client Account as other clients.

  • The Clearing House will, notwithstanding Section 9-207 of the New York Uniform Commercial Code, have the right to maintain or otherwise handle Collateral held by the Clearing House on behalf of FCM Clients (including Collateral deposited in or attributable to an FCM Omnibus Client Account with LCH or any LCH Client Depository Account) in the manner provided in the FCM Rulebook, including investing such Collateral in accordance with FCM Regulations 7(n).

  • Positions in the Omnibus Client Account are maintained and margined on a gross basis.

  • The assets provided in relation to the CCP Transaction recorded in the same Omnibus Client Account can be used in relation to any CCP Transaction (whether it relates to you or to any of our other clients) credited to that Omnibus Client Account.


More Definitions of Omnibus Client

Omnibus Client means a client on whose behalf an Omnibus Account is maintained with MFS and the relevant exchanges.
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Related to Omnibus Client

  • Information technology services means services designed to do any of the following:

  • Information Service Provider A provider of Information Service. Information Service Provider includes, but is not limited to, Internet Service Providers (ISPs).

  • Client Group means Client, any corporate body of which Client is a subsidiary (as defined by s. 1159 of the Companies Act 2006), any other subsidiary of such corporate body and any subsidiary of Client;

  • Assistive technology service means any service that directly assists a child with a disability in the selection, acquisition, or use of an assistive technology device. The term includes:

  • Communications service provider means a service provider that provides broadband service.

  • Information Technology Resources means agency budgetary resources, personnel, equipment, facilities, or services that are primarily used in the management, operation, acquisition, disposition, and transformation, or other activity related to the lifecycle of information technology; acquisitions or interagency agreements that include information technology and the services or equipment provided by such acquisitions or interagency agreements; but does not include grants to third parties which establish or support information technology not operated directly by the Federal Government. (0MB M-15-14)

  • Client Personal Data means any personal data provided to us by you, or on your behalf, for the purpose of providing our services to you, pursuant to our engagement letter with you;

  • Department of Information Technology means the New Mexico Department of Information Technology which is responsible for operating the data center and all communications related items.

  • Internet Service Provider (ISP) is an Enhanced Service Provider that provides Internet Services, and is defined in paragraph 341 of the FCC’s First Report and Order in CC Docket No. 97-158.

  • Internet Service Provider (ISP) means an Enhanced Service Provider (ESP) that provides Internet Services.

  • information folder means the complete folder, including the information document, file, data, drawings, photographs, and so on, supplied by the applicant, it being permissible to supply the information folder in the form of an electronic file;

  • Professional Client means a “Professional Client” for the purposes of CySEC Rules, as specified in the Client Categorization Policy found on the Company’s Website.

  • Proprietary medicine means a completely compounded nonprescription drug in its unbroken,

  • Telecommunications service provider means that term as defined in Section 219a of the Michigan Penal Code, supra, as may be amended from time to time. As of January 2012, "Telecommunications Service Provider" is defined to mean any of the following:

  • Customer Proprietary Network Information (“CPNI”) is as defined in the Act.

  • Sensitive Services means those services that (i) require access to Customer/Consumer Information, (ii) relate to the State’s computer networks, information systems, databases or secure facilities under circumstances that would permit modifications to such systems, or (iii) involve unsupervised access to secure facilities (“Sensitive Services”).