Recognized Dealer definition

Recognized Dealer means a person appointed as such by the HKMA under the EFCS;
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Recognized Dealer means a person or company
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Recognized Dealer means a firm designated by the Federal Reserve Bank of New York as a primary dealer that conducts a meaningful business in U.S. government securities with whom MSCO has open trading lines with sufficient available capacity to include this Letter Agreement.
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Examples of Recognized Dealer in a sentence

  • In addition, a Recognized Dealer may also request that specific custody accounts be opened for any of its clients who may wish their Bonds to be held by the Recognized Dealer in a separate account designated with the client’s name.

  • These clients may then sell the Bonds in the custody account designated under their names through the Recognized Dealer, i.e., instruction for the transfer of title in the Bonds in such custody account before maturity of the Bonds must be routed through that Recognized Dealer.

  • Each Recognized Dealer will have at least two securities accounts in the Register maintained by the Monetary Authority – one for its own holdings and the other for holdings of its clients.

  • The Bonds can be transferred from one Recognized Dealer’s securities account to the securities account of another Recognized Dealer through book entries.

  • Transfer Instructions to effect transfers of Exchange Fund Notes, Government Bonds or Specified Instruments between a Participant and a Recognized Dealer and Transfer Instructions to effect transfers of CMU Instruments between a Participant and a CMU Member are also accepted for settlement between CCASS and CMU.

  • For the avoidance of doubt, HKSCC will not be responsible in any way for the failure or delay of a Participant, a Recognized Dealer or a CMU Member to effect a transfer in accordance with a Transfer Instruction, irrespective of whether the transfer is specified to be effected on a free of payment basis or a delivery versus payment basis in CMU.

  • Each Recognized Dealer will have at least two Securities Accounts in the Register maintained by the Monetary Authority - one for its own holdings and the other for the holdings of its clients.

  • A Participant must complete an appropriate Transfer Instruction Form as set out in the CCASS Terminal User Guide for each transfer of Exchange Fund Notes, Government Bonds or Specified Instruments between it and a Recognized Dealer and for each transfer of CMU Instruments between it and a CMU Member.

  • In addition, a Recognized Dealer may also request that specific custody accounts be opened for any of its clients who may wish their Notes to be held by the Recognized Dealer in a separate account designated with the client’s name.

  • Pursuant to Rule 1010.1(d) of BPA’s Procedures, BPA waives the requirement in Rule 1010.4(d) that an opposition to an intervention petition be filed and served 24 hours before the pre- hearing conference.


More Definitions of Recognized Dealer

Recognized Dealer means, subject to sub-section (3), a person who is the holder of a dealers licence under the provisions of the law of a participating State or participating Territory that correspond with Part IV;
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Related to Recognized Dealer

  • Dealer means a dealer who sold a Financed Vehicle and who originated and assigned the respective Receivable to AmeriCredit or an Originating Affiliate under a Dealer Agreement or pursuant to a Dealer Assignment.

  • Secondhand dealer means a person who carries on the business of retailing or wholesaling used or secondhand property, including collectibles, or who operates a secondhand dealers’ premises, except for a person who carries on the business of retailing or wholesaling used property limited to:

  • Retail dealer means a person engaged in the business of storing and dispensing motor fuel from a motor fuel pump for sale on a retail basis, regardless of whether the motor fuel pump is located at a retail motor fuel site including a permanent or mobile location.

  • Underwriter means a securities dealer who purchases any Registrable Securities as principal in an Underwritten Offering and not as part of such dealer’s market-making activities.

  • Recipient means (a) the Administrative Agent, (b) any Lender and (c) any Issuing Bank, as applicable.

  • Firm means Morgan Stanley, MSIM’s parent company.

  • Renminbi Dealer means an independent foreign exchange dealer of international repute active in the Renminbi exchange market in Hong Kong reasonably selected by the Issuer.

  • Quotation Agent means the Reference Treasury Dealer appointed by the Company.

  • Wholesale dealer means any dealer who deals in, or who holds a licence under any law to deal in, as the case may be, wholesale quantities of goods, and the business and stock of a wholesale dealer shall be deemed to include the business and stocks of any retail dealer who conducts business on the same premises on which the wholesale dealer conducts his or her business; and