Examples of Collateral Accounts in a sentence
Such additional Collateral Account(s) is (are) opened at the Clearing Member’s sole discretion.
For Pledged Collateral Accounts, pursuant to the relevant Pledged Collateral Addendum, the Clearing House is beneficiary of a pledge over non-cash assets provided to it as Permitted Cover.
Rule 3.5 Customer Collateral Accounts Maintained With the Exchange All Cleared Swaps Customer Collateral deposited with the Exchange on behalf of Cleared Swaps Customers shall be held in accordance with Part 22 of the CFTC Regulations in an account identified as a Cleared Swaps Customer Account.
For Pledged Collateral Accounts, pursuant to the relevant Pledged Collateral Addendum, the Clearing House is beneficiary of a pledge over such assets.
Such accounts are labelled by the custodian with the name of the relevant Clearing Member, for administrative convenience only in the case of accounts that are not Pledged Collateral Accounts.