IPE Contract definition

IPE Contract means any and all types of Futures or Options on the terms of an Exchange contract which may now, or at any future time, be tradable under the IPE Regulations and which, under the IPE Regulations and the LCH Regulations, are permitted or required to be presented for registration and clearing to LCH.
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Examples of IPE Contract in a sentence

  • LCH shall not permit any LCH member which is not also an IPE Member to be the Clearing Member for any IPE Contract.

  • Where an IPE Contract is to be invoiced back or closed out by resale under the IPE Regulations or the LCH Regulations or the LCH Procedures, the IPE shall fix an invoicing back price or premium (in the case of an Option) or resale price within 24 hours of being requested in writing by LCH to do so.

  • By registering Trade Particulars of an IPE Contract, LCH shall become central counterparty in respect of each Registered Contract.

  • LCH acknowledges that the IPE has the right to obtain services (including any one or more of the Services), whether generally or in relation to a particular type or types of IPE Contract, directly from other persons (whether the IPE itself, any member of the IPE Group, or a third party).

  • In particular, the IPE shall each Business Day, at such times and in such manner as the Parties may from time to time agree, notify LCH of the price or value which properly and fairly represents the price or value of each commodity which is the subject of an IPE Contract at the time as at which such price or value is given.