KELER definition

KELER means Central Clearing House and Depository (Budapest) [Központi Elszámolóház és Értéktár (Budapest) Zrt.]
KELER means KELER Central Depository Ltd;
KELER means Central Clearing House and Depository (Budapest)

Examples of KELER in a sentence

  • KELER CCP charges the fee for the full period for the broken month also.

  • KELER CCP informs subsequently the guilty Clearing Member on the result of the transfer.

  • Accordingly, the Clearing Member is entitled to dispose over the collateral it provided only after the accounts are settled with KELER CCP.

  • Until accounts are settled KELER CCP is entitled to continue to manage collaterals provided by the Clearing Member and to use them in the interest of settlement.

  • In this case KELER CCP creates automatically the UTI identifier suitable to identify the trade.

  • KELER CCP as central counterparty does not provide guarantee to energy market Non-clearing Members.

  • Exercise notices arriving after this time will be ignored by KELER CCP during the relevant day and later settlements also.

  • If the electronic communication of regular provision of data by KELER CCP requires encryption or digital authentication KELER CCP informs the Client requiring the data thereof, and the Client is responsible to ensure the existence of necessary technical conditions on its side.

  • KELER CCP shall not take liability for damage resulting from messages that were sent without encryption or digital authentication due to the technical conditions not provided for by the Client.

  • An American option can be exercised by the beneficiary on any trading day in the period between confirmation of the transaction by KELER CCP and expiration of the option.


More Definitions of KELER

KELER. ’ means the Central Clearing House and Depositary Ltd., the central Hungarian depositary and clearing system.
KELER means the Central Depositary and Clearing House Ltd., Budapest;
KELER means Central Depositary and Clearing House (Budapest) Ltd. (in Hungarian: “Központi Elszámolóház és Értéktár (Budapest) Zártkörűen Működő Részvénytársaság”), the central clearing house of the BSE.

Related to KELER

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  • Tabarru’ means donation for the purpose of solidarity and cooperation among the Takaful Participants and to be used to help all Takaful Participants in times of misfortune. In the context of the Company, Tabarru’ will be allocated into the Participants’ Risk Fund.

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  • Provost means the Provost of the University;

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  • CFAF means the currency of the Borrower;

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  • AT&T means AT&T Corp., a New York corporation.

  • Managing Director means the Managing Director of the Food Corporation of India.

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  • Qard means a contract of lending money whereby the borrower is obliged to repay the equivalent amount to lender.

  • Growler means any refillable, resealable container complying with federal law.

  • Hall means a unit of residence or of corporate life for the students of the University, or of a College or an Institution, maintained by the University;

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