Trading Clearing Participant definition

Trading Clearing Participant. A person who is a participant of the Exchange and admitted by the Clearing House as a Clearing Participant to participate in one or more of the services provided by the Clearing House.
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Trading Clearing Participant. A person who is a participant of the Exchange and admitted by the Clearing House as a Clearing Participant to participate in one or more of the services provided by the Clearing House. Save as otherwise stated herein words and expressions used in these Rules shall have the meanings as assigned to it under the Act wherever applicable. Words importing the singular number shall include the plural number and vice versa. Words importing the masculine gender only shall include the feminine or neuter genders.
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Examples of Trading Clearing Participant in a sentence

  • Default in financial settlement by the Trading Clearing Participant shall be subjected to the Default Rules under Chapter 4.

  • In the event that the Trading Clearing Participant needs to provide collaterals or contributions to the Clearing House, the Trading Clearing Participant should ensure that such collaterals or contributions are Shariah-compliant in nature.

  • The Clearing House shall credit the Contributions by Trading Clearing Participant to the Clearing Guarantee Fund.

  • Interest on or other sums accruing to Contributions made in cash in excess of the fixed contribution may be paid to the appropriate Trading Clearing Participant as determined by the Clearing House.

  • The fixed contribution shall be made by each Trading Clearing Participant for each participantship held by such Trading Clearing Participant in an Exchange, and shall be made in cash.

  • A Trading Clearing Participant has the option to provide the Clearing House Collateral in excess of the Trading Clearing Participant’s Margin and the Clearing House may use such excess to meet future Margin required from the Trading Clearing Participant.

  • Ultimately, even this limited IFI service is not readily available to the Children who are at serious risk of, or regularly experiencing, out-of-home placements.

  • For the purpose of this Rule, the “ultimate buying Trading Clearing Participant” means the last buying Trading Clearing Participant who has yet to receive the Board Lot Securities and who has not onward sold any part of the Board Lot Securities.

  • For the process of clearing and settlement of the trades for the clients, the Trading Clearing Participant should clear and settle the trades via Islamic financial institutions.

  • Every Trading Clearing Participant shall contribute to the Clearing Guarantee Fund which may be established and administered by the Clearing House.

Related to Trading Clearing Participant

  • Clearing Participant means a person admitted as a participant under the Clearing Rules.

  • Clearing Member means a registered broker-dealer which is a clearing member under the rules of O.C.C. and a member of a national securities exchange qualified to act as a custodian for an investment company, or any broker-dealer reasonably believed by the Custodian to be such a clearing member.

  • Clearing Agency Participant means a broker, dealer, bank, other financial institution or other Person for whom from time to time a Clearing Agency effects book-entry transfers and pledges of securities deposited with the Clearing Agency.

  • Depositary Participant means a broker, dealer, bank, other financial institution or other Person for whom from time to time a Depositary effects book-entry transfers and pledges of securities deposited with the Depositary.

  • Reporting Participant means a Participant who is subject to the reporting requirements of Section 16 of the Exchange Act.

  • Market Participant means an entity that, for its own account, produces, transmits, sells, and/or purchases for its own consumption or resale capacity, energy, energy derivatives and ancillary services in the wholesale power markets. Market Participants include transmission service customers, power exchanges, Transmission Owners, load serving entities, loads, holders of energy derivatives, generators and other power suppliers and their designated agents.

  • Depository System Participant means any participant in the Depository’s book- entry system.

  • Depository Participant A broker, dealer, bank or other financial institution or other Person for whom from time to time a Depository effects book-entry transfers and pledges of securities deposited with the Depository.

  • Clearing Account has the meaning set forth in Section 2.7.1 hereof.

  • Relevant Clearing System means (i) Euroclear, (ii) Clearstream, Luxembourg, or (iii) any other recognised clearing system in which ETP Securities of a Series may be cleared.

  • Eligible Securities Depository has the meaning set forth in section (b)(1) of Rule 17f-7.

  • Recognised Clearing System means any clearing system listed in Section 246A of the Taxes Act (including, but not limited to, Euroclear, Clearstream Banking AG, Clearstream Banking SA and CREST) or any other system for clearing shares which is designated for the purposes of Chapter 1A in Part 27 of the Taxes Act, by the Irish Revenue Commissioners, as a recognised clearing system.

  • Capacity Resource Clearing Price means the price calculated for a Capacity Resource that offered and cleared in a Base Residual Auction or Incremental Auction, in accordance with Tariff, Attachment DD, section 5.

  • Trading Account means the unique personified register of all completed transactions, open positions, orders and nontrading operations on the trading platform.

  • Clearing Agent means Clearstream Banking AG, Euroclear Bank S.A., and Clearstream Banking S.A. and such further or alternative clearing agent(s) or clearance system(s) as may be approved by the Issuer from time to time and notified to the Holders in accordance with General Condition 4 (each a “Clearing Agent” and together the “Clearing Agents”);

  • Foreign Clearing Agency means Clearstream and the Euroclear Operator.

  • Eligible Depository Any Reserve Bank or any depository institution or trust company incorporated under the laws of the United States of America or any state thereof and subject to supervision and examination by federal or state banking authorities, so long as at the time of determination of eligibility the commercial paper or other short-term debt obligations of such depository institution or trust company (or, in the case of a depository institution that is the principal subsidiary of a holding company, the commercial paper or other short-term debt obligations of such holding company) have the Highest Credit Rating Available from at least one Rating Agency.

  • Securities Depository means The Depository Trust Company and any other clearing agency registered with the SEC under Section 17A of the Securities Exchange Act of 1934, as amended (the “1934 Act”), which acts as a system for the central handling of Securities where all Securities of any particular class or series of an issuer deposited within the system are treated as fungible and may be transferred or pledged by bookkeeping entry without physical delivery of the Securities.

  • central securities depository or ‘CSD’ means a central securities depository as defined in point (1) of Article 2(1) of Regulation (EU) No 909/2014.

  • Voting Participant has the meaning specified in Section 10.06(d).

  • Global warming potential means how much a given mass of a chemical contributes to global warming over a given time period compared to the same mass of carbon dioxide. Carbon dioxide's global warming potential is defined as 1.0.

  • Securities Depository Nominee means, as to any Securities Depository, such Securities Depository or the nominee of such Securities Depository in whose name there shall be registered on the registration books maintained by the Registrar the Bond certificates to be delivered to and immobilized at such Securities Depository during the continuation with such Securities Depository of participation in its book-entry system. Cede & Co. shall serve as the initial Securities Depository Nominee hereunder.

  • Clearing Bank means the Bank or any other banking institution with whom a Payment Account has been established pursuant to a Blocked Account Agreement.

  • Direct Participant or "DTC Participant": Any broker-dealer, bank or other financial institution for which the Depository holds Class A Certificates from time to time as a securities depository.

  • Foreign Securities Depository means a foreign securities clearing system qualifying as an Eligible Securities Depository (as defined in Section (b)(1) of Rule 17f-7 under the 0000 Xxx) that is listed on Schedule B annexed hereto, as amended from time to time pursuant to Section 4.5 hereof.