Securities Lending and Borrowing definition

Securities Lending and Borrowing means any transaction undertaken by a Market Participant under an Equity or Debt Instrument lending or borrowing agreement, a repurchase or reverse repurchase agreement or an agreement for the sale and buyback of Equity or Debt Instruments.
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Securities Lending and Borrowing means lending of securities by the lender and borrowing of securities by the borrower, through platform provided by an authorized intermediary, as provided in Chapter V;
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Securities Lending and Borrowing means any transaction undertaken by a Market Participant under an Equity or Debt Instrument lending or borrowing agreement, a
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Examples of Securities Lending and Borrowing in a sentence

  • In connection with loans of internationally traded debt and equity securities made through the Euroclear Securities Lending and Borrowing Program of ▇▇▇▇▇▇ Guaranty Trust Company of New York, a guaranty issued by the program sponsor to participants in that program.

  • The Customer must deliver the Securities to be lent to AK-PME by depositing the said Securities into the AK-PME Securities Lending and Borrowing account.

  • Securities shall be Securities as referred to in number 5 Article 1 of Law Number 8 of 1995 regarding Capital Market, which in this case is borrowed by KPEI from the Lender in accordance with KPEI Regulation Number II-10 regarding Securities Lending and Borrowing Services and shall be the object of the loan in accordance with the Agreement.

  • Securities Lending and Borrowing, hereinafter shall be referred to as “Main Securities Account 003” shall be the Main Securities Account used by Clearing Member or Custodian Bank which have obtained approval from KPEI, for Securities repayment and receipt of funds related to Securities Lending and Borrowing transaction at KPEI as regulated in KSEI Regulation regarding Main Securities Account.

  • AK-PME will receive Securities Lending and Borrowing Services Fee in the amount of _ from the value of the Securities lent.

  • The Customer will receive a Securities Lending and Borrowing Services Fee in the amount of _ from the value of the Securities lent.

  • Securities Lending and Borrowing, hereinafter shall be referred to as “Main Securities Account 005” shall be the Main Securities Account used by Clearing Member or Custodian Bank which have obtained approval from KPEI to place Securities to be lent and/or to receive Securities repayment borrowed related to Securities Lending and Borrowing transaction at KPEI as regulated in KSEI Regulation regarding Main Securities Account.

  • It is subject to and bound by KPEI Regulation Number II-10 regarding Scripless Securities Lending and Borrowing and all its implementing regulations.

  • The Borrower must handover the collateral of Securities Lending and Borrowing to KPEI, the amount of which shall be calculated under the formula as described in KPEI Circular Letter.

  • In the event that KPEI needs Securities, KPEI shall inform through the system that it shall be connected to KSEI in real time so that KSEI shall overbook Securities from the Main Securities Account 005 or Securities Sub Account 005 to the KPEI Securities Lending and Borrowing Account.


More Definitions of Securities Lending and Borrowing

Securities Lending and Borrowing. HGK DOES NOT ENGAGE IN ANY LENDING OR BORROWING OF SECURITIES ON BEHALF OF OUR CLIENTS, ALTHOUGH THE CLIENTS AND THEIR CUSTODIAN BANKS MAY DO SO INDEPENDENTLY OF HGK. IN THE EVENT WE DO SO IN THE FUTURE, APPROPRIATE POLICIES AND PROCEDURES WILL BE DEVELOPED AND IMPLEMENTED. >> WRAP FEE PROGRAMS: HGK DOES NOT SPONSOR OR PARTICIPATE IN ANY WRAP FEE PROGRAMS. IN THE EVENT WE DO SO IN THE FUTURE, APPROPRIATE POLICIES AND PROCEDURES WILL BE DEVELOPED AND IMPLEMENTED. PRIMARY RESPONSIBILITY FOR COMPLIANCE: ALL PORTFOLIO MANAGERS RESPONSIBILITY FOR MONITORING AND REVIEW: CHIEF COMPLIANCE OFFICER 1.4 ERISA BACKGROUND AND RATIONALE HGK acts as investment adviser for many Clients governed by ERISA. As an investment manager and a fiduciary with special responsibilities under ERISA, and as a matter of policy, HGK is responsible for acting solely in July 27, 2006 30 1047066 ================================================================================ HGK ASSET MANAGEMENT THE CODE OF ETHICS AND THE POLICIES AND PROCEDURES MANUAL ================================================================================ the interests of the Plan participants and beneficiaries. ERISA imposes duties on investment advisers that may exceed the scope of an adviser's duties to its other clients. For example, ERISA specifically prohibits certain types of transactions with ERISA plan clients that are permissible (with appropriate disclosure) for other types of clients. ERISA also prohibits investment managers from refusing to take proxy voting responsibility when plan documents do not reserve that responsibility for the plan trustees or other parties. In certain instances, the Internal Revenue Code may impose requirements on non-ERISA retirement accounts that may mirror ERISA requirements. POLICIES AND PROCEDURES >> ALL CLIENT ASSETS WILL BE MANAGED CONSISTENTLY WITH THE "PRUDENT MAN RULE," EXERCISING PROXY VOTING AUTHORITY IF NOT RETAINED BY A PLAN FIDUCIARY, MAINTAINING ANY ERISA BONDING THAT MAY BE REQUIRED, AND OBTAINING WRITTEN INVESTMENT GUIDELINES/POLICY STATEMENTS, AS APPROPRIATE. >> THE CHIEF COMPLIANCE OFFICER WILL ENSURE THAT PROXY VOTING FUNCTIONS ARE PROPERLY MET AND THAT ERISA PLAN CLIENT PROXIES ARE VOTED IN THE BEST INTERESTS OF THE PLAN PARTICIPANTS. >> ALL PORTFOLIO MANAGERS AND THE OPERATIONS MANAGER SHOULD BE AWARE AND PERIODICALLY REVIEW ANY CLIENT'S WRITTEN INVESTMENT POLICY STATEMENT/GUIDELINES SO AS TO BE CURRENT AND REFLECT A CLIENT'S OBJECTIVES AND GUIDELINES. ...
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