OTC Service definition

OTC Service means a service provided by the Clearing House for the clearing of a category of OTC Contract
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OTC Service means a service provided by the Clearing House for the clearing of a category of OTC Contract"OTC Transaction"means a transaction being a SwapClear Transaction, RepoClear Transaction, RepoClear Term £GC Transaction, Repo Trade, Bond Trade or Term £GC Trade, or ForexClear Transaction“Overnight Funding Account” “Overnight Funding Collateral” "Own Resources Provision"means a sub-account of the Proprietary Account of a SwapClear Clearing Member opened for the purpose of recording Overnight Funding Collateral means an amount of Collateral that: (i) is intended to be used to support the registration of, or to meet any other margin requirements in connection with, SwapClear Contracts in the Proprietary Account of a SwapClear Clearing Member; and (ii) the Clearing House designates as “Overnight Funding Collateral”. means Article 35 of Commission Delegated Regulation (EU) No 153/2013 of 19 December 2012 supplementing Regulation (EU) No 648/2012 of the European Parliament and of the Council with regard to regulatory technical standards on requirements for central counterparties or any law, regulation, rule, official directive or guideline (having the force of law) which replaces, supplements, modifies, amends or varies such provision“Permitted Transfers”has the meaning ascribed to it in Section 2C or Section 2I of the Procedures, as applicable"Portfolio Margined Contracts"means any Listed Interest Rates Contracts recorded in an account of a Portfolio Margining Clearing Member related to SwapClear Business following the operation by the Clearing House of the Portfolio Margining Arrangements"Portfolio Margining Clearing Member"means a Joint Rates Service Clearing Member who has opted in to the Portfolio Margining Service in accordance with Section 2C of the Procedures"Portfolio Margining Client"means, in respect of a Portfolio Margining Clearing Member, an Individual Segregated Account Clearing Client, a Custodial Segregated Client or an Omnibus Segregated Clearing Client which has been opted in to the Portfolio Margining Service in accordance with Section 2C of theProcedures
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OTC Service means a service provided by the Clearing House for theclearing of a category of OTC Contract"OTC Transaction"means a transaction being a SwapClear Transaction, RepoClear Transaction, RepoClear Term £GC Transaction, Repo Trade, Bond Trade or Term £GC Trade, or ForexClear Transaction"Own Resources Provision"means Article 35 of Commission Delegated Regulation (EU) No 153/2013 of 19 December 2012 supplementing Regulation (EU) No 648/2012 of the European Parliament and of the Council with regard to regulatory technical standards on requirements for central counterparties or any law, regulation, rule, official directive or guideline (having the force of law) which replaces, supplements, modifies, amends or varies such provision“Permitted Transfers”has the meaning ascribed to it in Section 2C or Section 2I of the Procedures, as applicable"Portfolio Margined Contracts"means any Listed Interest Rates Contracts recorded in an account of a Portfolio Margining Clearing Member related to SwapClear Business following the operation by the Clearing House of the Portfolio Margining Arrangements"Portfolio Margining Clearing Member"means a Joint Rates Service Clearing Member who has opted in to the Portfolio Margining Service in accordance with Section 2C of the Procedures"Portfolio Margining Client"means, in respect of a Portfolio Margining Clearing Member, an Individual Segregated Account Clearing Client, a Custodial Segregated Client or an Omnibus Segregated Clearing Client which has been opted in to the Portfolio Margining Service in accordance with Section 2C of the Procedures"Portfolio Margining Service"means the portfolio margining service offered by the Clearing House pursuant to Regulation 59 and as more fully described at Section 2C of the Procedures"Portfolios"has the meaning assigned to it in the Default Rules"Porting Window"has the meaning assigned to it in the Client Clearing Annex to the Default Rules"Porting Window Reduction"has the meaning assigned to it in the Client Clearing Annex to the Default Rules"Post-Compression Contracts"means the Post-Multilateral Compression Contracts and/or any replacement SwapClear Contracts referred to in Regulation 56
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Examples of OTC Service in a sentence

  • Today, however, other interdealer quotation systems, such as the NASD’8 OTC Service 74 and PORTAL system 78could fit within the terms of the exception.

  • Exchange MembershipsBourse de Montreal (Montreal Exchange Inc.)CBOE Futures ExchangeThe Chicago Board of TradeChicago Climate Futures ExchangeChicago Mercantile Exchange, Inc.Commodity Exchange, Inc.Dubai Mercantile ExchangeEUREXICE Futures CanadaICE Futures EuropeICE Futures US, Inc.LCH EnClear OTC Service (Freight)Minneapolis Grain Exchange, Inc.

  • The OTC Service reserves the right to use the said information in case any party to the OTC Transaction breaches the terms hereof in order to protect its interests and the interests of its Services.

  • Where applicable, Eligible User and Eligible OTC Broker shall confirm their transfers and receipts respectively to each other and EXSCUDO via OTC Service.

  • These Terms and Conditions shall fully replace and supersede the Terms and Conditions of Use of ZSE OTC Service dated July 30, 2018, and shall enter into force on January 01, 2022.

  • Please note that all OTC Transactions and respective operations in the OTC Service shall be recorded in the log.

  • As agreed by the parties or if OTC Service determines in its sole and absolute discretion that Applicable Laws or market circumstances so require, the Eligible OTC Broker shall deposit additional OTC Collateral greater than 100.5% of the OTC Transaction’s Market Value.

  • The Series A common stock of VelaTel is publicly traded on the OTC Service, Inc.

  • ASX intends to ensure that this tranche remains commensurate with the potential risks as the OTC Service evolves over time.Clients do not directly participate in the Default Waterfall, however CPs are likely to price their clearing offering to include all costs of clearing e.g. default fund contribution/AIMS as well as more obvious costs such as margins.

  • See also L e t t e r r e g a r d i n g O T C B u l l e t i n B o a r d D i s p l a y S e r v i c e ,Securities Exchange Act Release No. 27976 (May 1,1990) (granting exemptions from the information gathering and furnishing requirements of Rule 15c2- 11 for certain securities eligible for quotation in the OTC Service during its first 60 days of operation).78See Securities Exchange Act Release No. 27928, (April 19,1990), 55 FR 17933 (approving the PORTAL System).


More Definitions of OTC Service

OTC Service means a service provided by the Clearing House for the clearing of a category of OTC Contract"OTC Transaction"means a transaction being a SwapClear Transaction, RepoClear Transaction, RepoClear Term £GC Transaction, Repo Trade, Bond Trade or Term £GC Trade, or ForexClear Transaction“Overnight Funding Account” “Overnight Funding Collateral”means a sub-account of the Proprietary Account of a SwapClear Clearing Member opened for the purpose of recording Overnight Funding Collateral means an amount of Collateral that: (i) is intended to be used to support the registration of, or to meet any other margin requirements in connection with, SwapClear Contracts in the Proprietary Account of a SwapClear Clearing Member; and (ii) the Clearing House designates as “Overnight Funding Collateral”. . "Over-25 NDF Transaction"(iii)(ii) means a ForexClear NDF Transaction that has a notional amount greater than USD 25 million"Own Resources Provision"means Article 35 of Commission Delegated Regulation (EU) No 153/2013 of 19 December 2012 supplementing Regulation (EU) No 648/2012 of the European Parliament and of the Council with regard to regulatory technical standards on requirements for central counterparties or any law, regulation, rule, official directive or guideline (having the force of law) which replaces, supplements, modifies, amends or varies such provision“Permitted Transfers”has the meaning ascribed to it in Section 2C or Section 2I of the Procedures, as applicable"Portfolio Margined Contracts"means any Listed Interest Rates Contracts recorded in an account of a Portfolio Margining Clearing Member related to SwapClear Business following the operation by the Clearing House of the Portfolio Margining Arrangements
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Related to OTC Service

  • CMU Service means the Central Moneymarkets Unit Service, operated by the Hong Kong Monetary Authority;

  • 800 service means a telecommunications service that:

  • Cloud Service means any distinct, subscription-based, hosted, supported and operated on-demand solution provided by SAP under an Order Form.

  • broadcasting service means a radiocommunication service in which the transmissions are intended for direct reception by the general public. This service may include sound transmissions, television transmissions or other types of transmission.

  • Online Service means our on-line system for managing the electronic transmission of information between us and Providers;

  • Video service means video programming, cable services, IPTV, or OVS provided through facilities located at least in part in the public rights-of-way without regard to delivery technology, including internet protocol technology. This definition does not include any video programming provided by a commercial mobile service provider defined in 47 USC 332(d) or provided solely as part of, and via, a service that enables users to access content, information, electronic mail, or other services offered over the public internet.

  • 900 service means an inbound toll telecommunications service purchased by a subscriber that allows the subscriber's customers to call in to the subscriber's prerecorded announcement or live service, and which is typically marketed under the name "900 service" and any subsequent numbers designated by the federal communications commission. "900 service" does not include the charge for collection services provided by the seller of the telecommunications service to the subscriber, or services or products sold by the subscriber to the subscriber's customer.

  • Broadband service means a retail service capable of transmitting data over an access line at a rate greater than 200 kilobits per second.

  • 911 Service means a universal telephone number which gives the public direct access to the Public Safety Answering Point (“PSAP”). Basic 911 service collects 911 calls from one or more local exchange switches that serve a geographic area. The calls are then sent to the correct authority designated to receive such calls.

  • air service means a flight or a series of flights carrying passengers, cargo and/or mail for remuneration and/or hire;

  • public service means the public service referred to in section 1(1) of the Public Service Act, 1994 (promulgated by Proclamation No. 103 of 1994), and includes any organisational component contemplated in section 7(4) of that Act and specified in the first column of Schedule 2 to that Act, but excluding-

  • Generation Service means the sale of electricity, including ancillary services such as the provision of reserves, to a Customer by a Competitive Supplier.

  • Cable television service means the one-way transmission to subscribers of video programming and other programming service and subscriber interaction, if any, that is required for the selection or use of the video programming or other programming service.

  • Standard Service means Facilities which meet good economic electric industry practice including safety, reliability and operating criteria and standards consistent with the particular characteristics of service as determined by FortisAlberta acting reasonably;

  • the public service means, subject to the provisions of this section, the service in a civil capacity of the Government;

  • Universal service means any service approved by the board

  • Police Service ’ means the South African Police Service established in terms of section 5(1) of the South African Police Service Act;

  • Basic Service As defined in M.G.L. c. 164, § 1 and in orders of the Department, as amended or promulgated, as the case may be, from time to time. Business Day – Any day between the period of 8:00 a.m. and ending at 5:00 p.m. Eastern Prevailing Time, except Saturday, Sunday and any day which is a legal holiday or a day on which federal banking institutions in Boston, Massachusetts are authorized by law to close. Change in Law – As used herein, means any of the following:

  • Hosted Service means the provision of and access to the Vocera Care Transition Software and related services either at your site and/or via secure electronic access over the Internet provided to you by Vocera and/or its designee. Defined terms used in this XXXX, but not defined herein, are defined in the Supplemental Terms and Conditions in Attachment 3.

  • Internet service means a service that enables users to access proprietary and other content,

  • SaaS Service means the SaaS Software as deployed and hosted by Licensor on the AWS Service infrastructure, any software and other technology provided or made accessible by Licensor that Buyer is required or has the option to use in order to access, receive and use the SaaS Software as hosted by Licensor, including any software or technology that Buyer is required or has the option to install, operate and use on Buyer’s systems for its use of the SaaS Software, and all related services, functions or responsibilities of Licensor inherent in, and necessary for, the proper performance of such software-as-a-service.

  • Self-service display means the open display or storage of Tobacco Products or Tobacco Paraphernalia in a manner that is physically accessible in any way to the general public without the assistance of the retailer or employee of the retailer and a direct person-to-person transfer between the purchaser and the retailer or employee of the retailer. A vending machine is a form of Self-Service Display.

  • System Life means all phases of the system's development, production, or support.

  • Utility service means a service, the terms and conditions of which are regulated by the AUC, and includes services for which an individual rate, joint rate, toll, fare, charge or schedule of them, have been approved by the AUC.

  • Black Start Service means the capability of generating units to start without an outside electrical supply or the demonstrated ability of a generating unit with a high operating factor (subject to Transmission Provider concurrence) to automatically remain operating at reduced levels when disconnected from the grid.

  • Mobile Service means the mobile service we provide to you enabling you to use and receive a range of mobile services including, but not limited to, messaging services, age restricted services and premium services.