ICSD Bond Section definition

ICSD Bond Section. : shall mean, in the context of the System, the section relating to contracts on Non-Derivative Financial Instruments, admitted to trading on the Markets organized and managed by the Management Companies according to the provisions of the Instructions and settled at the Settlement Services managed by Foreign Entities. The section is also managed by CC&G by virtue of Agreements stipulated between CC&G and the said Management Companies.
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ICSD Bond Section. : shall mean, in the context of the System, the section relating to contracts on Non-Derivative Financial Instruments, admitted to
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Examples of ICSD Bond Section in a sentence

  • Pursuant to Istructions Article B.1.1.1, Legal persons who intend to join the ICSD Bond Section as Clearing Members must send the mandate to the Settlemen Services managed by a foreign entity, signed by the Direct Member or by the Settlement Agent, in order to to submit the settlement instructions on their behalf.

  • The daily settlement price for financial instruments guaranteed within the Bond Section and the ICSD Bond Section is set on the basis of the prices determined by Markets taking into account their level of liquidity.

  • The daily settlement price for financial instruments traded on MTA/MTAX/ETFplus and After Hours guaranteed by the system is equal to the “reference price” calculated by Borsa Italiana S.p.A. The daily settlement price for financial instruments guaranteed within the Bond Section and the ICSD Bond Section is set on the basis of the prices determined by Markets taking into account their level of liquidity.

  • The daily settlement price for financial instruments traded on MTA/ETFplus and After Hours guaranteed by the system is equal to the “reference price” calculated by Borsa Italiana S.p.A. The daily settlement price for financial instruments guaranteed within the Bond Section and the ICSD Bond Section is set on the basis of the prices determined by Markets taking into account their level of liquidity.