Strate System definition

Strate System means the computer system and associated network operated or used by Strate for the purpose of Clearing and Settlement of transactions in Securities, or any other purpose performed by Strate in terms of the Act;
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Strate System means the clearing, custody and settlement environment system for securities transactions to be settled and for the transfer of ownership to be recorded electronically, as managed by Strate;
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Strate System the system operated for dealings in securities in uncertificated form listed on the JSE that take place on the JSE and for dealings in securities in certificated form listed on the JSE that take place off market;
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Examples of Strate System in a sentence

  • It is the responsibility of the SA Nominee Participants to keep abreast with the Strate System Rules.

  • Settlement of trades in New Prosus Ordinary Shares N will take place two trading days after a trade is executed through the book-entry systems of Euroclear Nederland, in the case of Euronext Amsterdam, and three trading days after a trade is executed in the Strate System, in the case of the JSE and the A2X.

  • Following the first trading date of Prosus N Ordinary Shares on Euronext Amsterdam and the JSE, settlement of trades in Prosus N Ordinary Shares will take place two trading days after a trade is executed through Euroclear Nederland, in the case of Euronext Amsterdam, and three trading days after a trade is executed through the Strate System, in the case of the JSE.

  • Trades in the New Prosus Ordinary Shares N on the JSE (and the A2X) will be settled in the system operated by Strate for dealings in uncertificated securities listed on, among others, the JSE that take place on the JSE and for dealings in certificated securities listed on, among others, the JSE that take place off-market (the Strate System).

  • Shareholders should note that, as the trading of Prosus N Ordinary Shares is settled through the Strate System, in the case of the JSE, and Euroclear Nederland, in the case of Euronext Amsterdam, settlement of the first trades in both the Strate System, in the case of the JSE, and Euroclear Nederland, in the case of Euronext Amsterdam will take place three trading days after the first trades are executed in order to accommodate the settlement cycle of the Strate System.

  • Shareholders should note that, as transactions in Naspers N Ordinary Shares are settled in the Strate System, settlement of trades takes place three trading days after such trade.

  • Following the First Trading Date, settlement of trades in N Ordinary Shares will take place two trading days after a trade is executed through the book-entry systems of Euroclear Nederland, in the case of Euronext Amsterdam, and three trading days after a trade is executed in the Strate System, in the case of the JSE.Details of the Admissions.

  • If the Grindrod Shipping Shareholders have any doubt as to the mechanics of the Strate System they should please consult their broker, CSDP or other appropriate advisor.

  • It states the need for 4 new facilities to handle Commercial and Industrial (C&I) waste capable of handling 50,000 tonnes per annum and 31 small (15,000 tonnes per annum) sites for handling Construction and Demolition (C&D) waste within the County by 2010.

  • Temporary documents of title will not be issued in respect of the Unbundled Nedbank Shares.5.3.1.2.3. Settlement of transactions in Unbundled Nedbank Shares on the Johannesburg Stock Exchange may only take place in Uncertificated Form within the Strate System.


More Definitions of Strate System

Strate System means the computer system and associated network operated or used by Strate for the
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Related to Strate System

  • Cable System means a facility, consisting of a set of closed transmission paths and associated Signal generation, reception, and control equipment, that is designed to provide Cable Service, which includes Video Programming and which is provided to multiple Subscribers within a community, but “Cable System” does not include:

  • Sewerage system means pipelines or conduits, pumping stations, and force mains, and all other

  • Feed means feed as defined in point (4) of Article 3 of Regulation (EC) No 178/2002;

  • Tank system means a hazardous waste storage or treatment tank and its associated ancillary equipment and containment system.

  • The System means an electronic control system or complex electronic control system that provides or forms part of the control transmission of a function to which this Regulation applies. This also includes any other system covered in the scope of this Regulation, as well as transmission links to or from other systems that are outside the scope of this Regulation, that acts on a function to which this Regulation applies."