Clearing Services definition

Clearing Services means services offered and activities performed by a clearing member in terms of the exchange rules or clearing house rules, as the case may be, to facilitate clearing of transactions in securities;

Clearing Services means SwapClear Clearing Services.

Clearing Services means Services relating to the clearing of Financial Instruments provided by us in the capacity of general clearing member;

Examples of Clearing Services in a sentence

• CHAPTER 2 – DEFAULT REGULATIONS Regulation 201 Applicability Except as otherwise expressly stated, the Default Regulations and the Default Fund Regulations (which consist of Chapter 2 and Chapter 3, respectively, of these Regulations) are effective with respect to all Clearing Services offered by the Clearing House.

• A Clearing Member may impose margin requirements on its Affiliates for which it provides Clearing Services on a net basis, netting the positions and related margin requirements with respect to a single Affiliate or across multiple Affiliates, or a Clearing Member may impose such margin requirements on a gross basis.(o) A Clearing Member shall provide the Clearing House with all information required under the Procedures regarding its Contracts and Client Funds.

• A Clearing Member providing Clearing Services to its Affiliates shall notify the Clearing House of any Affiliates for which it provides Clearing Services.(b) All Contracts cleared by Clearing Members in respect of Transactions executed by their affiliated SwapClear Dealers shall be cleared through such Clearing Members’ Proprietary Accounts.

• A Clearing Member wishing to provide Clearing Services to Affiliates shall enter into an agreement with each such Affiliate, or an Addendum to an existing agreement which, in either case, binds the Affiliate to the applicable provisions of the Rulebook by direct reference to the Rulebook or otherwise, and any such other provisions as shall be agreed from time to time between the Clearing Member and the Affiliate, or as may be prescribed by the Clearing House.

• A person must obtain approval from the Clearing House in order to become a Clearing Member and provide Clearing Services.

More Definitions of Clearing Services

Clearing Services means any and all of the services provided by EuroCCP pursuant to article 5;

Clearing Services means the clearing, settlement and related services to be provided by CME under this Agreement, as further described in Schedule A.

Clearing Services means the central counterparty, collateral, risk management and other related services provided in relation to Trading Platform Transactions;

Clearing Services means providing the Customer with the service of scanning Cheques at the Customer sites through ICCS Corporate.

Clearing Services means the services provided by a Clearing Organisation for Trading Platform Transactions, specifically Open Offers/Novations, Netting, Collateralisation and the issuance of Settlement instructions.

Clearing Services means all functions specified by the Clearing Rules as in effect at the date hereof including registration of Transactions, supervision of the open positions of Clearing Members, calculation of the associated risk, the calling of Margin to cover such risk, guarantee of the proper settlement of positions as central counterparty, management of the default procedures and transmission of the settlement instructions to the settlement provider;

Clearing Services means to clear transactions in securities and any activity necessary to clear such transactions;