Derivatives Clearing System definition
Derivatives Clearing System means the computer system and associated network used by ASX Clear for the clearing of Derivatives Market Transactions.
Derivatives Clearing System means the clearing system used by LCH.Clearnet SA to render clearing services to Clearing Members for Derivatives (as this term is defined in the ARCA) traded on the Euronext Continental Derivatives Markets or the successor clearing system used by a clearing house to render clearing services to clearing members for Derivatives (as this term is defined in the ARCA) traded on the Euronext Continental Derivatives Markets;