Position Account definition

Position Account. - means a House Position Account or Customer Position Account.
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Position Account means a House Position Account, an Omnibus Client Position Account or an Individual Client Position Account opened by EuroCCP in the name of the Clearing Participant within the Account Structure for registration of Trade Legs Posted for the account of the Clearing Participant, joint clients of that Clearing Participant, or the individual client;
Sample 1

Examples of Position Account in a sentence

  • Any account that is a De Minimis Participant Account in relation to a Maturity Bucket shall not have any Discounting Risk Swaps in that Maturity Bucket determined or registered in its name and shall not be obliged to pay, or entitled to receive, any Cash Only Client Position Account Auction Adjustments.

  • 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.

  • Cash Only Client means an FCM Client that has its positions recorded in a Cash Only Client Position Account.

  • All assignments made for the Agent Position Account of an Exchange Participant shall be assigned by such Exchange Participant to the positions of its customers, on the basis of a procedure that ensures the neutrality of the assignment process.

  • Cash Only Client Position Account means each FCM Client Sub-Account registered in the name of an FCM Client that is identified as a Cash Only Client Position Account in a Cash Only Election Notice.

  • 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.

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

  • RECORDS 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.

  • Article 3.2.1.5The Market Maker’s Position Account registers exclusively all Transactions executed by (i) the Clearing Member in its capacity as a Market Maker or, as applicable, (ii) by a Trading Member in its capacity as Market Maker.

  • Trade Legs Registration in the Fixed Income Clearing System Article 3.2.1.6For each General Clearing Member, LCH SA opens at least: (i) one House Position Account in the House Account Structure of such General Clearing Member; and(ii) one Client Position Account in each Client Account Structure of such General Clearing Member.


More Definitions of 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.
Sample 1
Position Account means the Asset Account set up by TCH for the purpose of recording derivatives contract position and commodity delivery data.
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Related to Position Account

  • Concentration Account has the meaning provided in Section 6.13(c).

  • Interest Collection Account A Securities Account created and maintained on the books and records of the Securities Intermediary entitled “Interest Collection Account” in the name of the Borrower and subject to the prior Lien of the Collateral Agent for the benefit of the Secured Parties.

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

  • Concentration Accounts has the meaning ascribed to it in Annex C.

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

  • Principal Account as set forth in the Standard Terms and Conditions of Trust shall be replaced with the term "Capital Account."

  • Cash Account has the meaning set forth in Section 2.1(a)(ii).

  • Principal Collection Account A Securities Account created and maintained on the books and records of the Securities Intermediary entitled “Principal Collection Account” in the name of the Borrower and subject to the prior Lien of the Collateral Agent for the benefit of the Secured Parties.