Position Account definition

Position Account. - means a House Position Account or Customer Position Account.
Position Account means an account in the name of Clearing Participant on the books and records of Cboe Clear to which Cboe Clear registers Positions between Cboe Clear and Clearing Participant.

Examples of Position Account in a sentence

  • References to any Account in this section are references only to an Account in which ICE Futures Singapore Contracts may be recorded and the terms 'Customer Margin Account', 'Customer Position Account', 'Proprietary Margin Account' and 'Proprietary Position Account' shall be construed accordingly.

  • The term "Position Account" means a Proprietary Position Account or Customer Position Account.

  • The term "Proprietary Account" refers to a proprietary account at the Clearing House which may be designated for Contracts and all related Margin and comprises a Proprietary Position Account and Proprietary Margin Account.

  • The term "Proprietary Account Contract" means a Contract recorded in a Proprietary Position Account (or any sub-account thereof).

  • The Reports sent to you each month include a Statement of Account reflecting transactions in three sections: Accounts Receivable, Client Position Account and Funds In Use.

  • The Clearing House shall update its books and records to reflect the Discounting Risk Swaps, Cash Compensation Contracts, Cash Valuation Change Amounts (USD), Cash Valuation Change Amounts (MXN), Auction Winner Amounts and Cash Only Client Position Account Auction Adjustments resulting from the operation of this Annex and the Cash Settlement Schedule.

  • However, neither the Clearing House nor an FCM Clearing Member shall be required to pay any amounts under a Cash Compensation Contract other than the Cash Valuation Change Amount (USD), Cash Valuation Change Amount (MXN), Cash Only Client Position Account Auction Adjustment or Auction Winner Amount (as applicable) to which such Cash Compensation Contract relates.

  • All amounts you owe us, including all advances to you and any debit balance in your Client Position Account (defined in section 10 below), and any Obligations, are payable on demand and may be charged to your account at any time.

  • The "Proprietary Position Account" forms part of a Proprietary Account and the term means an account with the Clearing House which is not a Customer Position Account, opened in the name of a Clearing Member in which Proprietary Account Contracts entered into by the Clearing Member (whether directly or indirectly) and/or related Open Contract Positions are recorded, which may be divided for administrative convenience only into sub-accounts.

  • The "Proprietary Margin Account" forms part of a Proprietary Account and the term means an account with the Clearing House which is not a Customer Margin Account, opened in the name of a Clearing Member for the recording of debits and credits of Margin in respect of Proprietary Account Contracts recorded in the related Proprietary Position Account, which may be divided for administrative convenience only into sub-accounts.


More Definitions of Position Account

Position Account means a House Position Account, an Omnibus Client Position Account or, an Individual Client Position Account or an Omnibus Indirect Client Position Account opened by EuroCCP in the name of the Clearing Participant within the Account Structure for registration of Trade Legs for the account of the Clearing Participant, clients of that Clearing Participant, or the individual client;
Position Account means a sub-account in Raast linked to Settlement Limit Account in Raast which is used for managing credit and debit transactions.
Position Account means the Asset Account set up by TCH for the purpose of recording derivatives contract position and commodity delivery data.

Related to Position Account

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Interest Collection Subaccount The meaning specified in Section 10.2(a).

  • Distribution Account means the Bank Account (which may be a current, saving or deposit account) maintained by the Trustee with a Bank as directed by the Management Company in which the amount required for distribution of income to the Unit Holder(s) shall be transferred. Interest, income or profit, if any, including those accruing on unclaimed dividends, in this account shall be transferred to the main account of the Fund from time to time, as part of the Trust Property for the benefit of the Unit Holder(s).

  • Principal Distribution Account means the account by that name established and maintained pursuant to Section 4.1 of the Sale and Servicing Agreement.

  • Contribution Account means an account, or accounts, into which the Accountholder and employer contributions are deposited by the TPA, and from which HSA dollars are swept into the Cash Account.