position netting definition

position netting means the netting of multiple Contracts between the same two parties to a smaller number of Contracts (which may take effect through the netting of long and short positions or the aggregation of long positions and short positions respectively) and/or the close out by netting of multiple Contracts, (in each case) in accordance with such process as may be specified in the Clearing House Rules, and which may occur, as the context requires:
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position netting means the conversion of a spot foreign exchange or securities transaction, a derivative, repurchase agreement or reverse repurchase agreement, or the conversion of liabilities and receivables from securities lending and/or borrowing, from any other arrangement for financial collateral or other form of security, or some other financial transaction involving commodities or financial instruments conducted in a stock exchange, outwith stock exchanges as a single net liability or receivable by any offsetting method recognized in the market of the transaction in question, executed under agreement by the parties in the event of non-performance of the contract or upon the occurrence of any event stipulated by the parties serving grounds for termination, in consequence of which the liability or receivable shall represent only the resulting net amount;
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position netting means the conversion of a spot foreign exchange or securities transaction, a derivative, repurchase agreement or reverse repurchase agreement, or the
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More Definitions of position netting

position netting means the netting of multiple Contracts between the same two parties to a smaller number of Contracts (which may take effect through the netting of long and short positions or the
Sample 1
position netting means the conversion of a spot foreign exchange or securities transaction, a derivative, repurchase agreement or reverse repurchase agreement, or the conversion of liabilities and receivables from securities lending and/or borrowing, from any other arrangement for financial collateral or other form of security, or some other financial transaction involving commodities or financial instruments conducted in a stock exchange, outwith stock exchanges or in regulated markets specified in other legislation, or on a balancing platform as a single net liability or receivable by any offsetting method recognized in the market of the transaction in question, executed under agreement by the parties in the event of non-performance
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Related to position netting

  • Queue Position means the priority assigned to an Interconnection Request, a Completed Application, or an Upgrade Request pursuant to applicable provisions of Tariff, Part VI.

  • Position means a square, circle, rectangle, or other geometric shape on a ballot

  • Comparable Position means a position where:

  • relevant position , in relation to a business, means the position of director or manager, or other executive position, however that position is designated;

  • dominant position means a position of strength, enjoyed by an enterprise, in the relevant market, in India, which enables it to—

  • securitisation position means an exposure to a securitisation;

  • iron ore concentrates means products (whether in pellet or other form) resulting from secondary processing but does not include metallised agglomerates;

  • Permanent Position Any position which has required, or which will require the services of an incumbent without interruption, for an indefinite period.

  • Net Long Position means: such shares of Common Stock Beneficially Owned, directly or indirectly, that constitute such person’s net long position as defined in Rule 14e-4 under the Exchange Act mutatis mutandis, provided that “Net Long Position” shall not include any shares as to which such person does not have the right to vote or direct the vote; and the terms “person” or “persons” shall mean any individual, corporation (including not-for-profit), general or limited partnership, limited liability or unlimited liability company, joint venture, estate, trust, association, organization or other entity of any kind or nature.

  • Capacity Market Seller means a Member that owns, or has the contractual authority to control the output or load reduction capability of, a Capacity Resource, that has not transferred such authority to another entity, and that offers such resource in the Base Residual Auction or an Incremental Auction.

  • Customer Affiliate means an entity that owns or controls, is owned or controlled by or is or under common control or ownership with Customer, where control is defined as the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of an entity, whether through ownership of voting securities, by contract or otherwise;

  • Long Position means a buy position that appreciates in value if market prices increase. In respect of Currency Pairs: buying the Base Currency against the Quote Currency.

  • Shielded position means the location within the radiographic exposure device or storage container which, by manufacturer's design, is the proper location for storage of the sealed source.

  • Downstream means carrying a transmission from the Headend to remote points on the Cable System or to Interconnection points on the Cable System.

  • Downstream Affiliate means an entity whose outstanding Voting Shares were, at the date of issuance of the Qualifying Guarantee, more than 50 per cent. owned, directly or indirectly, by the Reference Entity.

  • Position holder means a person who holds an inventory position of motor fuel in a terminal, as

  • Uppermost aquifer means the geologic formation nearest the natural ground surface that is an aquifer, as well as lower aquifers that are hydraulically interconnected with this aquifer within the facility's property boundary.

  • Capacity Attributes means any and all current or future defined characteristics, certificates, tag, credits, ancillary service attributes, or accounting constructs, howsoever entitled, other than Resource Adequacy Benefits, attributed to or associated with the electricity generating capability of the Generating Facility.

  • Active business operations means all business operations that are not inactive business operations.

  • Transient merchant means any person who engages in a temporary or itinerant merchandising business and in the course of such business hires, leases or occupies any building or structure whatsoever, or who operates out of a vehicle which is parked anywhere within the City limits. Temporary association with a local merchant, dealer, trader or auctioneer, or conduct of such transient business in connection with, as a part of, or in the name of any local merchant, dealer, trader or auctioneer does not exempt any person from being considered a transient merchant.

  • Gross Vehicle Weight Rating (GVWR) means the maximum weight of the vehicle, as specified by the manufacturer. GVWR includes total vehicle weight plus fluids, passengers, and cargo.

  • median concentration means that half of the homes in a county are expected to be below this value and half to be above it. All houses contain some radon, and a few houses will contain much more than the median concentration. The only way to accurately assess long-term exposure to radon in a specific house is through long-term testing (sampling the indoor air for a year or more). The EPA recommends that all homes be tested for radon. Columbia University's "Radon Project" website offers help to homeowners in assessing the cost vs. benefit of testing a specific house for radon or modifying it for radon reduction (see http://www.stat.columbia.edu/~radon/).

  • Sub-contracting means the primary contractor’s assigning or leasing or making out work to, or employing another person to support such primary contractor in the execution of part of a project in terms of the contract.

  • Net concentration means the difference between the concentration of a given substance in a sample taken of the discharge and the concentration of the same substances in a sample taken at the intake which supplies water to the given process. For the purpose of this definition, samples that are taken to determine the net concentration shall always be 24-hour composite samples made up of at least six increments taken at regular intervals throughout the plant day.

  • Stinger-steered automobile or watercraft transporter means an automobile or watercraft transporter

  • Gross vehicle weight rating means the weight specified by the manufacturer as the loaded weight of a single vehicle.