Compression Time definition
Compression Time means, on the date designated by the Clearing House for a
Compression Time means, on the date designated by the Clearing House for aMultilateral Compression Cycle, the time at which the Clearing House effects a Multilateral Compression by terminating the Terminating SwapClear Contracts and simultaneously registering the Post-Multilateral Compression Contracts in the names of the SwapClear Clearing Members participating in that Multilateral Compression Cycle in accordance with the Compression Proposal "Continuing Member " has the meaning as described in Default Rule 26 "Contract" means (i) a contract subject to the Regulations entered into by the Clearing House with a Member for the purposes of or in connection with the provision of clearing services including, without limitation, an open contract, settlement contract, re-opening contract or closing-out contract; and also (ii) in the case of the Default Rules (including the Rates Service DMP Annex, RepoClear DMP Annex and ForexClear DMP Annex), the FCM Default Fund Agreement, and any other document, rule or procedure as specified by the Clearing House from time to time, an FCM Contract and an ATS Contract "contract for differences" means a Cleared Exchange Contract, an OTC Contract, or a Listed Interest Rates Contract which is to be performed by cash settlement only "Contribution" means the contribution of a Clearing Member to a default fund of the Clearing House and includes, in each case in relation to the relevant Service, an Equities Contribution, a ForexClear Contribution, a RepoClear Contribution and, in relation to the Rates Service, a Listed Interest Rates Contribution and a SwapClear Contribution "Converting ForexClear Clearing Member" has the meaning assigned to it in Regulation 106A(n) "Converting SwapClear Clearing Member" has the meaning assigned to it in Regulation 57A "Co-operating Clearing House" means a clearing house party to an agreement with the Clearing House in respect of the co-clearing of an Exchange pursuant to which such organisation co-clears specific types of Contract and agrees to be bound by these Regulations as a Member to the extent and subject to any variations agreed in such agreement
Compression Time means, on the date designated by the Clearing House for a Multilateral Compression Cycle, the time at which the Clearing House effects a Multilateral Compression by terminating the Terminating SwapClear Contracts and simultaneously registering the Post-Multilateral Compression Contracts in the names of the SwapClear Clearing Members participating in that Multilateral Compression Cycle in accordance with the Compression Proposal
Examples of Compression Time in a sentence
No Time Compression, Time Expansion, Enhancement, Noise Reduction or Electronic Dirt Concealment Process.
More Definitions of Compression Time
Compression Time means, on the date designated by the Clearing House for a Multilateral Compression Cycle, the time at which the Clearing House effects a Multilateral Compression by terminating the Terminating SwapClear Contracts and simultaneously registering the Post-Multilateral Compression Contracts in the names of the SwapClear Clearing Members participating in that Multilateral Compression Cycle in accordance with the Compression Proposal "CMS" means the Clearing House's collateral management system "Collateral" means cash, gold and/or securities which are denominated in currencies and of a description acceptable to the Clearing House as prescribed by these Regulations and the Procedures and which have been transferred, or are to be transferred, to or by the Clearing House in or towards discharge of margin obligations or anticipated margin obligations or otherwise as contemplated by the Rulebook. Where the context so permits, references to "Collateral" held by, or transferred to, the Clearing House shall include any cash proceeds resulting from the sale or disposal by the Clearing House of any non-cash Collateral pursuant to an exercise of its powers under a Deed of Charge, and such proceeds shall be considered cash Collateral "Combined Omnibus Gross Segregated Clearing Clients" means two or more Omnibus Gross Segregated Clearing Clients within the same Omnibus Gross Segregated Account who have elected to have their positions combined for the purposes of calculating applicable margin requirements (on a net basis as between such Omnibus Gross Segregated Clearing Clients as if such Omnibus Gross Segregated Clearing Clients together are a single Omnibus Gross Segregated Clearing Client for the purposes of the relevant calculations) "Combined LSE Derivatives Markets Orderbook" means the electronic Orderbook operated by LSE and one or more Co-operating Exchanges "Commodities Business" means any transaction, obligation or liability arising out of any Commodities Contract "Commodities Contract" means any commodities contract cleared by the Clearing House "Commodities Clearing Member" means a Clearing Member which engages in Commodities Business "Commodities Contribution" means the amount of a Commodities Clearing Member's Contribution determined in accordance with the Commodities Default Fund Supplement and shall include