Sponsoring Participant means a Participant that extends Trading Privileges to a Sponsored Participant pursuant to Rule 3110.
Sponsoring Participant means a Participant that is an FCM and in respect of which Sponsored Designation has occurred and is continuing.
Sponsoring Participant means the owner or contractor who
Examples of Sponsoring Participant in a sentence
Pershing may act as a CHESS Sponsoring Participant of the clients of its Correspondents.
If Pershing is to act as your CHESS Sponsoring Participant, you will need to enter into a Sponsorship Agreement with Pershing.
If FinClear is to act as your CHESS Sponsoring Participant, you will need to enter into a Sponsorship Agreement with FinClear.
Clients that are to be CHESS sponsored by FinClear must enter into a Sponsorship Agreement with FinClear.Your Broker may also act as a CHESS Sponsoring Participant and engage FinClear to administer your Participant Sponsored Holdings on its behalf.
FinClear may act as a CHESS Sponsoring Participant of the clients of its Brokers.
More Definitions of Sponsoring Participant
Sponsoring Participant. Has the meaning given in the ASX Settlement Operating Rules. Generally, the Sponsoring Participant is a Participant that establishes and maintains a Participant Sponsored Holding. Subposition Has the meaning given in the ASX Settlement Operating Rules. Generally, a Subposition is a facility in CHESS for restricting certain activities in relation to securities under CHESS. Target Facility Balance Means the amount specified by the Borrower as the target facility balance in the Application Form or as otherwise notified to the Lender from time to time. Third Party Sponsor A Person other than the Sponsor appointed by the Security Owner and approved by the Lender to be the Controlling Participant in relation to any CHESS Holding comprising any part of the Secured Portfolio. Total Amount Owing At any time, all moneys the Borrower owes the Lender now or in the future, including, without limitation, and whether or not relating to the Margin Loan Facility or otherwise: • money which the Borrower actually does owe or will owe the Lender including money which the Lender has loaned to the Borrower, or agreed to pay for the account of the Borrower, interest, fees, Costs, charges, damages and money owing in respect of any indemnities; • money which the Borrower contingently owes the Lender at that time; and • money which the Borrower may owe the Lender after that time if something happens or becomes known. This applies even if there is no existing obligation to pay it, so long as it arises in relation to circumstances which at that time either exist or can reasonably be foreseen or contemplated. Transfer Has the meaning given in the ASX Settlement Operating Rules.
Sponsoring Participant means a Participant that establishes and maintains a Participant Sponsored Holding.
Sponsoring Participant means a Participant that establishes and maintains a Participant Sponsored Holding. Page 43 of 84
Sponsoring Participant means the Participant that extends Trading Privileges to a Sponsored Participant in accordance with Rule 3110.
Sponsoring Participant means the owner or contractor who establishes the controlled insurance program.
Sponsoring Participant means a Participant that establishes and maintains a Participant Sponsored Holding. Page 47 of 89
Sponsoring Participant means a Participant that extends Trading Privileges to a Sponsored Participant in accordance with Rule 3110.