central counterparty definition

central counterparty means a CCP as defined in point (1) of Article 2 of Regulation (EU) No 648/2012;

central counterparty means a person or company that interposes itself between the counterparties to securities or derivatives transactions in one or more financial markets, acting functionally as the buyer to every seller and the seller to every buyer or the counterparty to every party;

central counterparty means a central counterparty as defined in point (1) of Article 2 of Regulation (EU) No 648/2012;

Examples of central counterparty in a sentence

• The technical area is responsible for reviewing and preparing a report concerning any such plan and subsequently forwarding it to the Central Counterparty Risk Internal Committee, which is responsible for deciding on awarding a period of time for the participant to meet the requirements involved.

• The Network User authorises the Company the hand over the data concerning the Network User necessary for operation of the clearing system related to the daily clearing of commercial imbalance positions to the Central Counterparty on a daily basis.

• Fabrice Demarigny11-13, avenue Friedland F-75008 ParisFranceBrussels, 8th March 2005 Response by FESE toCESR’s Consultation Paper (05-023b) – Part II – on Implementation Measures for the Transparency Directive FESE is the representative organisation of Europe’s Regulated Markets offering trading in securities and derivatives and has incorporated EACH, the European Association of Central Counterparty Clearing Houses.

• During declared emergency level the settlement of balancing natural gas is concluded directly with the Company without the assistance of the Central Counterparty.

• During declared emergency operations of the Trading Platform and the organised natural gas market are suspended, from the time of suspension submitted offers will be deleted, while deals concluded shall be settled between the Trading Platform, the operator of the organised natural gas market and the Central Counterparty.

More Definitions of central counterparty

central counterparty means an entity that legally interposes itself between counterparties to contracts traded within one or more financial markets, becoming the buyer to every seller and the seller to every buyer.

central counterparty means a financial institution that performs clearing services and subsequently becomes the Counterparty to all Contracts arising from Trades on the Exchange, also referred to as the (Designated) Clearing House;

central counterparty means an entity that legally interposes itself between the counterparties to the contracts traded within one or more financial markets, becoming the buyer to every seller and the seller to every buyer and which is responsible for the operation of a clearing system;

central counterparty means a legal person that interposes itself between the counterparties to contracts traded on one or more financial markets, becoming the buyer to every seller and the seller to every buyer;

central counterparty or ‘CCP’ means a CCP as defined in point

central counterparty means central counterparty as defined in point (34) of Article 4(1) of Regulation (EU) No 575/2013;

central counterparty means an entity which interposes either directly between an auctioneer and a bidder or its successor in title, or between intermediaries representing them, that acts as the exclusive counterparty to each of them guaranteeing the payment of the auction proceeds to the auctioneer or an intermediary repre­ senting it or the delivery of the auctioned allowances to the bidder or an intermediary representing it, subject to Article 48;