Common use of Eligible Transactions Clause in Contracts

Eligible Transactions. (a) The Clearing House shall only accept an ISS Transaction for clearing and settlement under the ISS, if such transaction is in respect of Securities that are listed on the Exchange and deposited with the Central Depository. (b) The Clearing House shall only accept an ISS Instruction and ISS Confirmation and/or ISS Affirmation in relation to an ISS Transaction for clearing and settlement under the ISS if: (i) such ISS Transaction results directly from or in a Market Contract; and (ii) such ISS Transaction relates to the same Securities of the relevant Market Contract and the quantity of the ISS Transaction shall:

Appears in 3 contracts

Sources: Rules and Regulations, Rules and Regulations, Rules and Regulations