Participating Exchange means an exchange which has concluded one or more agreements in relation to a Link with the Exchange and/or LCH pursuant to which:- (i) contracts in the terms of one or more Linked LIFFE Contracts are to be transferred to, for clearing by, such exchange or its clearing house; or (ii) contracts in the terms of a Linked Participating Exchange Contract are to be transferred to, for clearing by, LCH. The term “Participating Exchange” shall include any clearing house, which from time to time provides clearing services to such exchange;
Participating Exchange means an exchange which has concluded one or more agreements in relation to a Link with the Exchange and/or LCH pursuant to which: (i) contracts in the terms of one or more Linked LIFFE Contracts are to be transferred to, for clearing by, such exchange or its clearing house; or (ii) contracts in the terms of a Linked Participating Exchange Contract are to be transferred to, for clearing by, LCH. The term "Participating Exchange" shall include any clearing house, which from time to time provides clearing services to such exchange;
Participating Exchange shall include any clearing house, which from time to time provides clearing services to such exchange;
Examples of Participating Exchange in a sentence
Upon confirmation by the relevant Participating Exchange of receipt of trade/position details from LCH, rights and obligations under such contract, save for outstanding obligations with respect to fees and margin and those rights and obligations referred to in the Rules of LIFFE and the Regulations of LCH, shall be discharged and there shall arise simultaneously a Participating Exchange Contract between Morgan Stanley.
The Participating Exchange Contract shall be subject to the rules of the relevant Participating Exchange and shall not be subject to the provisions of this Agreement.
More Definitions of Participating Exchange
Participating Exchange shall include any clearing house which from time to time provides clearing services to such exchange;
Participating Exchange shall have the meaning ascribed to this term in the Operational Rules.
Participating Exchange shall include any clearing house which from time to time provides clearing services to such exchange; Participating Exchange Contract: in respect of a Participating Exchange, means a class of contract permitted to be made by Participating Exchange Members under participating Exchange rules.
Participating Exchange means a stock exchange existing and licensed under the laws of the Participating Country that has entered into a Participation Agreement with SEE Link.
Participating Exchange means an exchange which has concluded one or more agreements in relation to a Link with LIFFE and/or LCH pursuant to which; (i) contracts in the terms of one or more Linked LIFFE Contracts are to be transferred to, for clearing by such exchange or its clearing house; or (ii) contracts in the terms of a Linked Participating Exchange Contract are to be transferred to, for clearing by LCH. The term "Participating Exchange" shall include any clearing house which from time to time provides clearing services to such exchange; "PARTICIPATING EXCHANGE CONTRACT" in respect of a Participating Exchange, means a class of contract permitted to be made by Participating Exchange Members under Participating Exchange rules. (b)
Participating Exchange means aneligible exchange that is a member of SEGC.
Participating Exchange means the Exchange or a Foreign Participating Exchange.