Uncleared Swap definition

Uncleared Swap means any Swap other than a Cleared Swap.
Uncleared Swap means a Swap other than a Cleared Swap. 201. Board
Uncleared Swap means a Swap other than a Cleared Swap. 102. Rules of Interpretation For all purposes of these Rules, except as otherwise expressly provided herein or unless the context otherwise requires:

Examples of Uncleared Swap in a sentence

  • Settlement of Uncleared Swaps Settlement of all Uncleared Swaps shall be effected bilaterally between the parties to the Uncleared Swap pursuant to the terms of such Uncleared Swap and applicable agreements between the parties to the trade, and the Company shall not have any responsibility for any element of such settlement.

  • The economic terms specific to the transaction agreed by the Participants or Trading Customers on the SEF with respect to an Uncleared Swap shall be reflected by the Company in a written communication (the " Trade Communication") sent to or through the applicable Participants.

  • Upon request from the CFTC, the Company shall request from any counterparty (or, if applicable, the Introducing Agent or Account Manager acting on behalf of a Trading Customer or Client Account) that enters into an Uncleared Swap pursuant to these Rules any previously-negotiated freestanding agreements, the terms of which are incorporated in the Terms Incorporated by Reference, to the Company upon request and shall furnish such agreements to the CFTC as soon as they are available to the Company.

  • Each counterparty (or, if applicable, the Introducing Agent or Account Manager acting on behalf of a Trading Customer or Client Account) that enters into an Uncleared Swap pursuant to these Rules shall provide any underlying previously-negotiated freestanding agreements, the terms of which are incorporated in the Terms Incorporated by Reference, to the Company upon request.

  • The economic terms specific to the transaction agreed by the Participants or Trading Customers on the SEF with respect to an Uncleared Swap shall be reflected by the Company in a written communication (the “ Trade Communication”) sent to or through the applicable Participants.

  • Each counterparty (or, if applicable, the Introducing Agent or Account Manager acting on behalf of a Trading Customer or Client Account) that enters into an Uncleared Swap pursuant to these Rules shall provide any underlying previously- negotiated freestanding agreements, the terms of which are incorporated in the Terms Incorporated by Reference, to the Company upon request.

  • For each Uncleared Swap executed on or pursuant to the rules of the SEF, each previously-negotiated freestanding agreement of the counterparties included in the Terms Incorporated by Reference must be available to the SEF and/or the CFTC staff upon request within a reasonable period of time.

  • A Participant may enter into an Uncleared Swap on behalf of a Customer or Client only if such Customer or Client has swap trading relationship documentation with the relevant counterparty that meets the requirements of Applicable Law.

  • Settlement of Uncleared Swaps shall be effected bilaterally between the parties to the Uncleared Swap, and the Company shall have no responsibility whatsoever for any element of such settlement.

  • Uncleared Swaps A Participant or Sponsored Access Firm may enter into an Uncleared Swap only with a counterparty with which such Participant or Sponsored Access Firm has swap trading relationship documentation that meets the requirements of Applicable Law.


More Definitions of Uncleared Swap

Uncleared Swap means a Transaction that is a “swap” as defined in the CEA section 1(a)(47) and CFTC regulation 1.3(xxx) that is not subject to the CFTC’s mandatory clearing requirement under CEA section 2(h) and CFTC regulations promulgated thereunder.

Related to Uncleared Swap

  • Cleared Swap means a Swap that is subject to the mandatory clearing requirement of Section 2(h)(1)(A) of the CEA or any Swap that is intended by a Participant to be submitted to a DCO for clearing contemporaneously with execution.

  • Transaction Account means a cash account established and maintained by Repo Custodian for the Funds to effect repurchase transactions pursuant to the Master Agreement.

  • FX means the fixing of the FX Exchange Rate as published 2 p.m. Frankfurt am Main local time by the Fixing Sponsor on the FX Screen Page (or any successor).

  • Foreign Exchange (FX) or “FX-like” Service means a retail service offering which allows FX End Users to obtain Exchange Service from a mandatory local calling area other than the mandatory local calling area where the FX End User is physically located, but within the same LATA as the number that is assigned. FX Service enables particular End Users to avoid what might otherwise be toll calls between the FX End User’s physical location and other End Users in the foreign exchange.

  • Settlement Hearing means the hearing set by the Court under Rule 23(e)(2) of the Federal Rules of Civil Procedure to consider final approval of the Settlement.