Examples of Business Day in a sentence
The cumulative IRS STM Amounts of the previous Business Day correspond to the value of the STM Interest Rate Derivative Transaction on the previous Business Day.
Required Initial Margin for Clearing Participant JSCC shall calculate the Required Initial Margin for a Clearing Participant in relation to Proprietary Cleared Contracts and Customer’s Cleared Contracts respectively on each JSCC Business Day in the manner separately prescribed by JSCC.
Japan Securities Clearing Corporation Handling Procedures of Interest Rate Swap Business Rules: Notwithstanding the provisions of Paragraph 2, when a request for Clearing of Backload Transaction is made, JSCC will receive a notice of such request by 8:00 a.m. on the JSCC Business Day immediately following the date of such request.
When JSCC has approved an Applicant’s IRS Clearing Qualification pursuant to the provisions of Article 8.2, the Applicant shall deposit IRS Clearing Funds and follow the other procedures as required by JSCC on or before the JSCC Business Day immediately preceding the Qualification Date.
The Cash received and paid between a Clearing Broker and JSCC on each JSCC Business Day for the purpose of securing the obligations listed in Article 61 .1.( 4); and c.