Client Transaction Account definition
Client Transaction Account. ("CTA") means an account maintained for us by an exchange, clearing house, intermediate broker or OTC counterparty, who we allow to hold client money under CASS 7.14 (Client money held by a third party);
Client Transaction Account or “CTA” means an account containing your segregated funds, which have been transferred to an intermediate broker or liquidity provider in accordance with Applicable Law
Client Transaction Account means an account with any person which the investment bank maintains for the purpose of—
Examples of Client Transaction Account in a sentence
This reconciliation will include determining the amount of funds which will be held with outside of segregation with an Executing Broker(s) "Client Transaction Account" for the purposes of daily P&L settlement, and to provide margin for trading the "active accounts".
More Definitions of Client Transaction Account
Client Transaction Account. CTA" means an account maintained for us by an exchange, clearing house, intermediate broker or OTC counterparty, who we allow to hold client money;