OTC Clear definition

OTC Clear means OTC Clearing Hong Kong Limited.
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OTC Clear means OTC Clearing Hong Kong Limited, a central counterparty established by SEHK for the purpose of providing clearing and settlement services for over-the-counter derivative transaction;
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OTC Clear means OTC Clearing Hong Kong Limited; “OTC Clear Clearing Documentation” means “Clearing Documentation” as defined in the Rules of OTC Clear; “OTC Clear Clearing Member” means any legal entity admitted as a clearing member of OTC Clear and in respect of which OTC Clear has not terminated its clearing membership; “OTC Clear Clearing Member Clients” means “Clients” as defined in the Rules of OTC Clear; “OTC Clear Membership Agreement” means a “Membership Agreement” as defined in the Rules of OTC Clear; “recognized clearing house” means a clearing house recognized by the Commission as such under section 37 of the Ordinance; “recognized exchange company” means an exchange company recognized by the Commission as such under section 19 of the Ordinance; “Rules of OTC Clear” means the rules and procedures applicable to the clearing services provided by OTC Clear as in force from time to time; “section 392 Notice” means the Securities and Futures (Futures Contracts) Notice 2012 made under section 392 of the Ordinance and effective as of 27 June 2012; and “structured product” has the meaning assigned to it by section 1 of Part 1 of Schedule 1 to the Ordinance.
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Examples of OTC Clear in a sentence

  • In respect of over-the-counter derivative transactions, the Rules of OTC Clear shall be binding on the Client and the Company (if applicable) and shall prevail in the event of any conflict between the Rules and the Agreement.


More Definitions of OTC Clear

OTC Clear means OTC Clearing Hong Kong Limited, a subsidiary of HKEX;
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OTC Clear. “SHCH”, “BOC”, “BOCHK”, “ICBC”, “ICBCA”, “Hong Kong Custodian Bank”, “PRC Custodian Bank” or any “Party” shall be construed so as to include its successors in title, permitted assigns and permitted transferees to, or of, its rights and/or obligations under the Documents; and
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Related to OTC Clear

  • OTC means Over-the-Counter.

  • OTC Bulletin Board means the over-the-counter electronic bulletin board.

  • Pink OTC Markets means the OTC Markets Group Inc. electronic inter-dealer quotation system, including OTCQX, OTCQB and OTC Pink.

  • Stock Market means a securities market operated by a securities exchange;

  • NYSE MKT means the NYSE MKT LLC.

  • NASDAQ means The Nasdaq Stock Market.

  • NYSE means the New York Stock Exchange.

  • Stock Exchange The Stock Exchange of Hong Kong Limited

  • Internal Market Buyer means a Market Buyer making purchases of energy from the PJM Interchange Energy Market for ultimate consumption by end-users inside the PJM Region that are served by Network Transmission Service.

  • Emerging Market means each market so identified in Appendix A attached hereto.

  • Small group market means the health insurance market under which individuals obtain health

  • published market means, for a class of securities, a marketplace on which the securities have traded that discloses regularly in a publication of general and regular paid circulation or in a form that is broadly distributed by electronic means the prices at which those securities have traded;

  • SME growth market means a MTF that is registered as an SME growth market in accordance with Article 35;

  • NYSE American means the NYSE American LLC;

  • Individual market means the market for health insurance coverage offered to individuals other than

  • Large group market means the health insurance market under which individuals obtain health