General Participant definition

General Participant means a Member of the category mentioned in Rule B.2.1(a); "Goods and Services Tax" means any goods and services tax, consumption tax, valueadded tax or any tax of a similar nature;
General Participant means a Person that is a Participant (but not a Broker Firm Participant):
General Participant. : shall mean the subject that in the framework of the Central Counterparty Service acts as the Counterparty of the CCP for the Transactions closed on the Market by itself or by other subjects not direct participants to the Central Counterparty Service;

Examples of General Participant in a sentence

  • Tradition SEF will maintain a list of all designated Authorized Traders for each Customer of a General Participant or Broker Firm Participant that has been granted direct access to a SEF Platform or System and a list of all designated Authorized Brokers or Authorized Agents for each Broker Firm Participant.

  • To request the termination of the designation of an individual as an Authorized Trader, Authorized Broker or Authorized Agent, the General Participant or Broker Firm Participant, as applicable, must notify Tradition SEF.

  • To designate an Authorized Trader, Authorized Broker or Authorized Agent, a General Participant or Broker Firm Participant, as applicable, must follow the procedures established by Tradition SEF.

  • Tradition SEF will promptly notify a General Participant or Broker Firm Participant in writing of the approval of Authorized Traders, Authorized Brokers or Authorized Agent, or if Tradition SEF declines to approve the nomination of an Authorized Trader, Authorized Broker or Authorized Agent.


More Definitions of General Participant

General Participant means any person, other than a participating source or new participating source, that obtains a Transaction Account and is allowed to buy and sell ATUs.
General Participant means a Person that is a Participant (but not a Broker Firm Participant): (i) that engages in SEF Activity for its Proprietary Account and/or; (ii) that enters Orders or executes Swaps on a Platform or subject to the Rules on an agency basis on behalf of its Customers, or other Participants or their Customers, provided such Person is registered as (A) an FCM or Introducing Broker, or (B) a Commodity Pool Operator (”CPO”) or Commodity Trading Advisor (“CTA”) and in such CPO or CTA capacity submits Orders on behalf of pools it operates or Customer accounts for which it has discretionary authority, respectively, or is exempt from such registration; and /or (iii) acts as a principal counterparty to a Customer with respect to a Swap.
General Participant means a Member of the category mentioned in Rule B.2.1(a); "Governmental Authority" means any Regulatory Authority and any national, federal, supranational,
General Participant means a Participant which is admitted by ASX Clear to clear a category of Market Transaction for itself, its own Clients, other Participants and their Clients and Market Participants and their Clients.
General Participant has the meaning assigned to it in the ASX Clear Operating Rules.
General Participant a Member of the category mentioned in Rule BBB.2.1(a);
General Participant has the meaning set forth in the Bylaws