Eurex Clearing definition

Eurex Clearing is defined in the initial paragraph of this Agreement.
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Eurex Clearing has the meaning provided in the Preamble.
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Eurex Clearing means Eurex Clearing AG, a stock company (Aktiengesellschaft) incorporated under the laws of the Federal Republic of Germany, registered in the commercial register of the local court (Amtsgericht) in Frankfurt am Main under HRB 44828 and having its principal place of business at Mergenthalerallee 00, 00000 Xxxxxxxx, Xxxxxxx Xxxxxxxx xx Xxxxxxx.
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Examples of Eurex Clearing in a sentence

  • No. 13, Paragraph 5 applies accordingly, however, for the substitution of pledged securities the powers assigned to CBF and Eurex Clearing under No. 13, Paragraph 5 is explicitly granted also by the pledgee.

  • According to the rules and regulations of Eurex Clearing AG, a separate evaluation price may be arranged for collateral posted in favour of Eurex Clearing AG.(6) For securities transferred in relation to GC Pooling repos, the valuation will be carried out in accordance with the procedure for valuation of the relevant GC Pooling Repo Basket laid down in the appendix to Eurex Repo GmbH’s conditions of participation.

  • The SNB has provided further details on these minimum requirements in its system-specific control objectives.Other systems that are important for the stability of the Swiss financial system are the Continuous Linked Settlement (CLS) foreign exchange settle- ment system, whose operator is based in the US, and the central counterparties LCH.Clearnet Ltd (LCH), domiciled in the UK, and Eurex Clearing, domiciled in Germany.

  • In case a substitution has not been carried out, a compensation of the corporate action shall be carried out via Eurex Clearing AG.

  • Additionally, Eurex Clearing’s Position Risk Monitoring System (“PRM System”) lists a participant’s positions in futures and/or option contracts allowing Eurex Clearing to portray different profit/loss scenarios for its participants at any time, and to assess any risks posed to Eurex Clearing as the counterparty.

  • In order to exercise such Access Right Eurex Clearing will send a notice to this effect to CBL and the relevant Collateral Giver (such notice, an "Access Notice").

  • Upon receipt of such Access Notice, CBL shall, in respect of the relevant Exposure to which the Access Notice relates, take no further action under this Agreement (including in relation to any transactions), unless instructed by Eurex Clearing, notwithstanding any contrary instructions from the relevant Collateral Giver.

  • In its role as central counterparty for the clearing of GC Pooling repos, Eurex Clearing AG is entitled, if necessary, to take other measures for and against the relevant Clearing Member in accordance with its Clearing Conditions.(5) The counterparties respectively participants authorise CBF, CBL and – in connection with GC Pooling repos - also Eurex Clearing AG to carry out all dealings necessary to implement this process and hereby explicitly give the necessary authorities.

  • For transactions pursuant to this paragraph, the Clearing Conditions for Eurex Clearing AG shall apply in addition.

  • An agreement governing the exchange of information with Germany’s Federal Financial Supervisory Authority (BaFin) and the Deutsche Bundesbank, which are responsible for the supervision and oversight of Eurex Clearing, is due to be signed in 2011.SIX SIS Ltd and SIX x-clear Ltd, which operate the SECOM and x-clear systems respectively, both hold banking licences and are subject to prudential supervision by FINMA as well as to system oversight by the SNB.


More Definitions of Eurex Clearing

Eurex Clearing means Eurex Clearing AG(3);
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Eurex Clearing. Eurex Clearing partners with Pirum for its upcoming CCP service for securities lending market". xxx.xxxxxxxxxxxxx.xxx. External links "Responses to Frequently Asked Questions Concerning Regulation SHO".
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Related to Eurex Clearing

  • 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.

  • Clearing means the clearing and removal of vegetation, whether partially or in whole, including trees and shrubs, as specified;

  • 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.

  • Clearing System means Monte Titoli S.p.A., with offices in Piazza degli Affari no. 6, Milan, Italy ("Monte Titoli").

  • Securities Depositories means DTC; and, in accordance with then current guidelines of the Securities and Exchange Commission, such other addresses and/or such other securities depositories as the District may designate in a Written Request of the District delivered to the Paying Agent.

  • central securities depository means a person or company that provides centralized facilities as a depository of securities, including securities accounts, central safekeeping services and asset services, which may include the administration of corporate actions and redemptions;

  • Depository The Depository Trust Company, or any successor Depository hereafter named. The nominee of the initial Depository for purposes of registering those Certificates that are to be Book-Entry Certificates is Cede & Co. The Depository shall at all times be a "clearing corporation" as defined in Section 8-102(a)(5) of the Uniform Commercial Code of the State of New York and a "clearing agency" registered pursuant to the provisions of Section 17A of the Securities Exchange Act of 1934, as amended.

  • Foreign Depository means (a) Euroclear, (b) Clearstream Banking, societe anonyme, (c) each Eligible Securities Depository as defined in Rule 17f-7 under the Investment Company Act of 1940, as amended, identified to the Fund from time to time, and (d) the respective successors and nominees of the foregoing.

  • Automated Clearing House or “ACH” means a national and governmental organization that has authority to process electronic payments, including, but not limited to, the national automated clearing house association and the federal reserve system.

  • Book-Entry System means the Federal Reserve/Treasury book-entry system for receiving and delivering securities, its successors and nominees.

  • DTC means The Depository Trust Company.

  • Clearing Agency means an organization registered as a "clearing agency" pursuant to Section 17A of the Exchange Act.