Separate administration. We shall, subject to these terms, administer Counterparty Accounts which we reasonably believe relate to different Counterparties separately, including for the purposes of calculating any margin requirement. We shall not exercise any power to consolidate accounts or set off amounts owing between Counterparty Accounts relating to different Counterparties.
Appears in 15 contracts
Sources: Professional Client Agreement, Eligible Counterparty Agreement, Professional Client Agreement
Separate administration. We shall, subject to these terms, administer Counterparty Accounts which we reasonably believe relate to different Counterparties separately, including for the purposes of calculating any margin requirement. We shall not exercise any power to consolidate accounts or set off amounts owing between Counterparty Accounts relating to different Counterparties.
Appears in 7 contracts
Sources: Organised Trading Facility Terms of Business, Organised Trading Facility Agreement, Terms of Business
Separate administration. We shall, subject to these terms, administer Counterparty Accounts which we reasonably believe relate to different Counterparties separately, including for the purposes of calculating any margin Margin requirement. We shall not exercise any power to consolidate accounts or set set-off amounts owing between Counterparty Accounts relating to different Counterparties.
Appears in 5 contracts
Sources: Standard Terms of Business, Terms of Business, Standard Terms of Business