Clearing Participant definition

Clearing Participant has the meaning given to such term in the rules of CCASS.
Clearing Participant means a person admitted as a participant under the Clearing Rules.
Clearing Participant means a bank or any person who submits a cheque, IBG or FAST to the Clearing House for clearing;

Examples of Clearing Participant in a sentence

  • The DTC Clearing Participant See Rider 1 will distribute the Securities through DTC.

  • I/we shall not assign or pledge in the claims which I/we have against JSCC and your company (in the case where your company is a Non-Clearing Participant; JSCC, your company and your company’s Designated Clearing Participant).

  • Openmarkets is also admitted as a Clearing Participant in accordance with the operating rules of ASX Clear, a wholly owned subsidiary of ASX.

  • Depending on the custody arrangements between a Clearing Participant and its Hong Kong or overseas clients, such Clearing Participant will in turn generally be regarded as holding the beneficial entitlement for such Hong Kong or overseas clients.

  • I/we shall deposit my/our clearing margin with JSCC and receive the return of the same through your company (in the case where your company is a Non-Clearing Participant, your company and your company’s Designated Clearing Participant) acting as my/our agent.


More Definitions of Clearing Participant

Clearing Participant has the meaning given to such term in the rules of the Central Clearing and Settlement System of Hong Kong.
Clearing Participant means a person that CHO has allowed to be a clearing participant in the Clearing House in accordance with the C&S Rules;
Clearing Participant means a participant (other than a Settlement Participant that has access to the FPS Facilities) which has agreed with a Settlement Participant that such participant’s payments will be settled through that Settlement Participant’s FPS Ledger Account; such participant in relation to the Settlement Participant with whom it has agreed to settle its payments shall be referred to as “its Clearing Participant”.
Clearing Participant means a person qualified to be the counterparty for the Business of Assuming Commodity Transaction Obligations undertaken by JSCC in accordance with the provisions of the Business Rules of JSCC pursuant to Article 174.1 of the Act.
Clearing Participant means either a General Clearing Participant or a Direct Clearing Participant, recognised as such by EuroCCP under the conditions set out in article 4;
Clearing Participant means a registered participant of ICE Clear
Clearing Participant means a Trading Participant or an Associate Participant who is a participant of the Clearing House for the clearing, settlement and exercise of Contracts;