EquityClear Clearing Member definition

EquityClear Clearing Member means a Member who is designated by the Clearing House as an EquityClear Clearing Member eligible to clear EquityClear Contracts
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EquityClear Clearing Member means a Member who is designated by the Clearing House as an EquityClear Clearing Member eligible to clear EquityClear Contracts"EquityClear Client Clearing Business"means the provision of EquityClear Client Clearing Services by an EquityClear Clearing Member"EquityClear Client Clearing Services"means the entering into of EquityClear Contracts by an EquityClear Clearing Member in respect of its Individual Segregated Account Clearing Clients and/or its Omnibus Segregated Clearing Clients"EquityClear Contract"means an EquityClear (Equities) Contract and/or an EquityClear (ccCFD) Contract as the case may be"EquityClear Contract Terms"means the EquityClear (Equities) Contract Terms and/or the EquityClear (ccCFD) Contract Terms as the case may be"EquityClear Eligibility Criteria"means with regard to an EquityClear Open Offer, the conditions set out in Regulation 68(c)"EquityClear Eligible ccCFD"means a contract for difference in respect of an EquityClear Eligible Instrument (as such term is defined in the Procedures) prescribed by the Clearing House and eligible for those prescribed parts of the EquityClear service and which appear in the list or lists published for this purpose from time to time by the Clearing House"EquityClear Eligible Equities"means securities prescribed from time to time by the Clearing House which are eligible for any part or parts of the EquityClear service and which appear in the list or lists published from time to time by the Clearing House"EquityClear (Equities) ATP Match"means the matched Trading Platform Particulars resulting from the matching on an ATP, in accordance with the relevant ATP Market Rules, of Trading Platform Particulars received from, or on behalf of: (i) two EquityClear Clearing Members (with one as buyer and one as seller); or(ii) one EquityClear Clearing Member and one member of a relevant Co-operating Clearing House (with one as buyer and one as seller)"EquityClear (Equities) Contract"means an EquityClear Contract entered into by the Clearing House with an EquityClear Clearing Member on the EquityClear (Equities) Contract Terms or such other terms specified by the relevant ATP
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Examples of EquityClear Clearing Member in a sentence

  • Unless specified otherwise by the Clearing House, an EquityClear Clearing Member must enter into a Security Deed in respect of its Clearing Clients in relation to amounts due to it from the Clearing House pursuant to the Client Clearing Annex.

  • Where an EquityClear Clearing Member wishes settlement to be carried out by an NCP or a settlement agent, that NCP or settlement agent must also provide the Clearing House with a Power of Attorney.

  • An EquityClear Clearing Member may request that the Clearing House opens one or more Proprietary Accounts in respect of its House Clearing Business.

  • Prescribed Language and End-User NoticePursuant to the Clearing House's General Regulations, each EquityClear Clearing Member is required to ensure that it includes certain language in its agreement with its EquityClear Clearing Client (the " Clearing House Prescribed Language").

  • Under the Power of Attorney, the Clearing House sends settlement instructions to the relevant ASP on behalf of the EquityClear Clearing Member, NCP or settlement agent (as the case may be).

  • The H account is obligatory, the C account will be used in respect of any EquityClear Clearing Member which engages in EquityClear Clearing Client Business.

  • Clearing Member Accounts – position-keeping account For identification purposes each EquityClear Clearing Member is assigned a unique three-character mnemonic.

  • In the event of a determination by the Clearing House that the relevant step is impossible within such time period (an "Impossibility Determination"), the Clearing House will notify the EquityClear Clearing Member and will not undertake a Client to Client Porting, a Direct Account Opening or an Initial Transfer in respect of the relevant Indirect Clearing Client.

  • Information contained within a position-keeping account is consolidated with the associated collateral account, as follows: Position-Keeping Account Collateral AccountH House HC Client C Each client "C" position-keeping account and the client "C" collateral account of an EquityClear Clearing Member may hold any number of segregated sub- accounts.

  • An EquityClear Clearing Client may appoint a Backup Clearing Member for the purposes of the porting of the EquityClear Contracts entered into by a EquityClear Clearing Member on its behalf, in accordance with the Client Clearing Annex.

Related to EquityClear Clearing Member

  • Clearing Member means a registered broker-dealer which is a clearing member under the rules of O.C.C. and a member of a national securities exchange qualified to act as a custodian for an investment company, or any broker-dealer reasonably believed by the Custodian to be such a clearing member.

  • Clearing Participant means a person admitted as a participant under the Clearing Rules.

  • Global warming potential means how much a given mass of a chemical contributes to global warming over a given time period compared to the same mass of carbon dioxide. Carbon dioxide's global warming potential is defined as 1.0.

  • Foreign Clearing Agency means Clearstream and the Euroclear Operator.

  • Trading Member means a Person who has been approved by Nadex to trade directly and not through a FCM Member on the Market, and does not include any FCM Member.

  • Exchanging Member means a Member that Exchanges some or all of its Units.

  • Managing Member means CEF Equipment Holding, L.L.C., a Delaware limited liability company or any successor Managing Member under the Issuer Limited Liability Company Agreement.

  • Book-Entry Capital Security means a Capital Security, the ownership and transfers of which shall be made through book entries by a Clearing Agency as described in Section 5.11.

  • Recognised Clearing System means any clearing system listed in Section 246A of the Taxes Act (including, but not limited to, Euroclear, Clearstream Banking AG, Clearstream Banking SA and CREST) or any other system for clearing shares which is designated for the purposes of Chapter 1A in Part 27 of the Taxes Act, by the Irish Revenue Commissioners, as a recognised clearing system.

  • Trading Partner means an entity that has registered with the Commission to exchange data through Electronic Data Interchange.

  • Global Capital Security means a Capital Securities Certificate evidencing ownership of Book-Entry Capital Securities.

  • Restricted Global Security As defined in Section 3.01(c).

  • Clearing Corporation The meaning specified in Section 8-102(a)(5) of the UCC.

  • Principal Member means the person who signs the application and is responsible for the payment of premiums.

  • Controlling ownership interest means ownership of or entitlement to more than twenty-five percent of shares or capital or profits of the company;

  • Class B Member means a Member holding one or more Class B Ordinary Shares.

  • Clearing Agency Participant means a broker, dealer, bank, other financial institution or other Person for whom from time to time a Clearing Agency effects book-entry transfers and pledges of securities deposited with the Clearing Agency.

  • Clearing Corporation Security means securities which are in the custody of or maintained on the books of a Clearing Corporation or a nominee subject to the control of a Clearing Corporation and, if they are Certificated Securities in registered form, properly endorsed to or registered in the name of the Clearing Corporation or such nominee.

  • Unrestricted Global Security means a Global Security that is not a Restricted Security.

  • Regulation S Permanent Global Security with respect to any series of Securities, means one or more permanent Global Securities bearing the Private Placement Legend, that will be issued in an aggregate amount of denominations equal in total to the outstanding principal amount of the Securities of such series initially sold or, if required by Rule 903 of Regulation S, of the Regulation S Temporary Global Security of such series upon expiration of the Distribution Compliance Period with respect to such series, as the case may be.

  • 144A Global Security means a permanent Global Security in the form of the Security attached hereto as Exhibit A-1, and that is deposited with and registered in the name of the Depositary, representing Securities sold in reliance on Rule 144A under the Securities Act.

  • Voting Member means a Member holding one or more Voting Shares.

  • Investor Limited Partner means any Limited Partner so designated at the time of its admission as a partner of the Partnership.

  • Relevant Clearing System means (i) Euroclear, (ii) Clearstream, Luxembourg, or (iii) any other recognised clearing system in which ETP Securities of a Series may be cleared.