Examples of Eligible Counterparty in a sentence
Retail Client - Shall mean a Retail Client defined as a Client who is neither a Professional Client nor an Eligible Counterparty as defined above which for example may include individuals.
If however you would otherwise be classified under the FCA Rules as an Eligible Counterparty or a Professional Client, you may not necessarily have the rights of a Retail Client under the Financial Services Compensation Scheme.
For EMT please use the regulatory-specific "OFEM010300 EMT Is Investor Type Eligible Counterparty" instead.// //Please note that this field is to use for EMT 2.0. For EMT 1.0 please use "OFST100008 Is Client Type Eligible Counterparty".
Where stated in Annex A in respect of the relevant Sub-Fund, the Management Company may, for efficient portfolio management purposes only, enter on behalf of such Sub-Fund into repurchase agreements or reverse repurchase agreements, provided that the counterparty is an Eligible Counterparty and that the ability of the Sub-Fund to meet redemption requests is in no way impaired as a result of such transaction.