CHATS Payment Instruction definition
CHATS Payment Instruction means a CHATS Payment Instruction Value Today or a CHATS Payment Instruction Value Forward Day.
CHATS Payment Instruction or “CPI” means an payment instruction generated by CCASSHKSCC and transmitted electronically (i) to a Designated Bank requesting that Designated Bank to effect a CCASS-related CHATS payment be made for a paying Participant or (ii) to a bank designated by HKSCC requesting that bank to effect a CCASS-related CHATS payment for HKSCC in accordance with the Rules; “ China Connect Clearing House” means a clearing house in Mainland China acceptable to HKSCC and included in the list of China Connect Clearing Houses from time to time, as referred to in Rule 4105(b); “ China Connect Clearing P articipant” means a Clearing Participant which is registered as a China Connect Clearing Participant by HKSCC; “ China Connect Clearing Participant Registration C riteria” ;means the eligibility criteria in Rule 4103 and any additional eligibility criteria which HKSCC may prescribe from time to time for a Participant to be, and to remain, registered as a China Connect Clearing Participant as referred to in Rule 4103; “China Connect Clearing Services” means the clearing, settlement, depository, nominee and other services that may be provided by HKSCC to Participants other than Investor Participants for the purposes of or in connection with establishing and operating a Clearing Link as referred to in Rule 4102; “ China Connect Exchange Participant” has the same meaning as defined in the Exchange Rules; “ China Connect Market” has the same meaning as defined in the Exchange Rules; “China Connect Securities” has the same meaning as defined in the Exchange Rules. Unless the context otherwise requires, any reference in the Rules to “China Connect Securities” includes “Special China Connect Securities”; “China Connect Securities Trade” means a trade in China Connect Securities (including Special China Connect Securities) executed on a China Connect Market through the SEHK Subsidiary under a Trading Link;