Uncleared Swap definition

Uncleared Swap means any Swap other than a Cleared Swap.
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Uncleared Swap means a Swap other than a Cleared Swap. 201. Board
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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:
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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.

  • This notification is deemed repeated each time Party B enters into an Uncleared Swap with Party A.

  • Revise subpart L to read as follows:Subpart L—Segregation of Assets Held as Collateral in Uncleared Swap TransactionsSec.23.700 Definitions.23.701 Notification of right to segregation.

  • Revise subpart L to read as follows:Subpart L – Segregation of Assets Held as Collateral in Uncleared Swap TransactionsSec.23.700 Definitions.23.701 Notification of right to segregation.23.702 Requirements for segregated initial margin.

  • As we have explained in other response letters in more detail, we believe that such delegation would be an effective manner to enable counterparties to satisfy this requirement.33 * * * * * Markit appreciates the opportunity to comment on the CFTC’s Proposed Rule: Margin Requirements for Uncleared Swap Dealers and Major Swap Participants.

  • In accordance with CFTC rule 23.701, we are hereby notifying you that, to the extent Counterparty posts “Initial Margin” (as defined in CFTC rule 23.700) (“IM”) in respect of any Uncleared Swap between us and Counterparty that is not subject to mandatory segregation, Counterparty has the right to elect that IM be segregated (“IM Segregation”) in accordance with the requirements set forth in CFTC rules 23.702 and 23.703 (the “CFTC Segregation Regime”).

  • Revise subpart L to read as follows: Subpart L – Segregation of Assets Held as Collateral in Uncleared Swap TransactionsSec.23.700 Definitions.23.701 Notification of right to segregation.23.702 Requirements for segregated initial margin.

  • Settlement of Uncleared Swaps Settlement of all Uncleared Swaps shall be doneeffected 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.

  • Notwithstanding the foregoing, if you choose to enter into an Uncleared Swap with us prior to executing such documentation, you will be deemed to have made an election not to require the CFTC Segregation Regime for that particular transaction.

  • Tradition SEF will provide counterparties to transactions with a Confirmation of the economic terms of each Uncleared Swap transaction executed on the SEF at the time of execution; provided that specific counterparty identifiers for accounts included in bunched Orders involving Swaps need not be included in SEF Confirmations (as defined below) provided by Tradition SEF, if the applicable requirements of Commission Regulation 1.35(b)(5) are met.


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.
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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.

  • Cleared UCAP means the amount of MW (rounded down to the nearest tenth of a MW) that had been subject to an Offer Floor but has cleared in accordance with Section 23.4.5.7.

  • Settlement Account means an account established at a financial institution designated by Merchant as the account to be credited and debited by the Servicers for Transactions, Card Fees, Chargebacks and other amount assessed by a Card Association and passed- through to Merchant pursuant to the terms of this Agreement.

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

  • Payment Order means an instruction of a sender to a receiving bank, transmitted orally, electronically, or in writing, to pay, or to cause another bank to pay, a fixed or determinable amount of money to a beneficiary if the following apply:

  • Entitlement Order shall have the meaning specified in Section 8-102 of the UCC.

  • Trading Account means the unique personified registration system of all Completed Transactions, Open Positions, Orders and deposit/withdrawal transactions in the Trading Platform.

  • ACH Transactions means any cash management or related services (including the Automated Clearing House processing of electronic fund transfers through the direct Federal Reserve Fedline system) provided by a Bank Product Provider for the account of Borrower or its Subsidiaries.

  • FX Transaction means any transaction for the purchase by one party of an agreed amount in one Currency against the sale by it to the other party of an agreed amount in another Currency.

  • Commodity Futures Trading Commission means the independent regulatory agency established by congress to administer the Commodity Exchange Act.

  • Asset Swap means an exchange of assets other than cash, Cash Equivalents or Equity Interests of the Company or any Subsidiary by the Company or a Restricted Subsidiary of the Company for:

  • 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.