Examples of Margining Agreement in a sentence
As noted above, no changes are required to be made to the FICC–NYPC Cross- Margining Agreement itself.
Additional participant agreements have been added as appendices to the FICC–NYPC Cross- Margining Agreement for this purpose.
The proposed rule change necessitates revisions to the FICC–NYPC Cross- Margining Agreement, which are described in detail below.
Capitalized terms used in this Agreement that are not defined herein have the meanings given to them in the Cross- Margining Agreement, the form of which is appended hereto.
The sharing of loss provisions in the FICC–NYPC Cross- Margining Agreement that would apply in the event of a participant’s default will remain unchanged under this proposal.Proposal To Include Options on Interest Rate Futures in the One-Pot Cross- Margining ArrangementFICC proposes to add options on interest rate futures contracts with maturities not longer than two years to the one-pot cross-margining arrangement.
Specifically, the proposal consists of a new Section 20 to Article VI of OCC’s Bydaws dealing with clearance of exchange transactions, an Intermarket Margining Agreement (“IMA”) between ICC and OCC,12 and an amendment to 10 Each day thereafter for as long as the position is maintained, as the position increases or decreases in value, profits are collected or losses are paid by .the clearing member at the futures clearing organization.
Members do not have to be participating in the Proprietary Cross-Margining Program in order to participate in the proposed Market Professional Cross-Margining Program (or vice versa).The proposed rule change necessitatesrevisions to the FICC–NYPC Cross- Margining Agreement, which are described in detail below.
Cross-Margining Clearing Organization: A clearing organization that has entered into a Cross- Margining Agreement with the Clearing House.
Current planning envisages the beginning of training for Training Group B in January 1998.
By entering into this Cross-Margining Participant Agreement (this “Agreement”), Member hereby elects to become a Cross-Margining Participant for purposes of the NYPC Cross- Margining Agreement between FICC and NYPC dated [⚫], 2010 (as amended, modified, or supplemented from time to time, the “Cross-Margining Agreement”).