Client Money definition

Client Money means the provisions of the FCA’s Client Assets Sourcebook relating to client money.
Client Money means any money that a firm receives from or holds for, or on behalf of, a shareholder in the course of, or in connection with, its business unless otherwise specified;
Client Money means, in accordance with the Client Money Rules, money of any currency that the Firm receives or holds for the Client, or on the Client’s behalf, in the course of or in connection with, the business contemplated by the Agreement other than money which is due and payable by the Client to the Firm or any third party;

Examples of Client Money in a sentence

  • All funds you deposit with us are treated as "Client Money" and are held in segregated accounts at a reputable banking institution of our choosing.

  • We treat money received from you or held by us on your behalf in accordance with the requirements of the Client Money Rules.

  • Accordingly, if you decide to proceed under this section, the protections conferred by the Client Money Rules will not apply to you.

  • Your money shall be treated, at all times in accordance with the applicable Client Money Rules.

  • Client Money Rules the provisions of the FCA’s Client Assets Sourcebook.


More Definitions of Client Money

Client Money means money that is paid into the Company and is held for the Client. It is calculated as money deposited by the Client in their Account, plus or minus any unrealised or realised profit or loss of an open position, plus or minus any amount that is due by the Client to the Company and vice versa.
Client Money means all initial and variation cash Margin, option premiums and all other sums received from or due to you pursuant to the Customer Documents which is "Client Money" within the meaning of the Client Money Regulations;
Client Money means any money that the Company receives from the Client or hold for or on Client’s behalf subject to Client money safeguard provisions in accordance with applicable regulation in the course of, or in the connection with, the services provided by the Company;
Client Money means all money held or received by a Licensed Firm:
Client Money means the provisions of the FCA's Client Assets Sourcebook relating to client money. ‘Direct Account’ means any part of the FTSE 100 3 Year Deposit Plan 12, which is not an ISA. 'Exchange' means for the FTSE 100, London Stock Exchange.
Client Money means the provisions of the FCA's Client Assets Sourcebook relating to client money. ‘Direct Account’ means any part of the FTSE 100 Step Down Kick-Out Plan 27, which is not an ISA. 'Exchange' means for the FTSE 100, London Stock Exchange.
Client Money means the provisions of the FCA's Client Assets Sourcebook relating to client money. ‘Custodian’ means Investec Wealth and Investment Limited.