Position Account definition

Position Account means House Position Account, Omnibus Client Position Account, Individual Client Position Account and/or Omnibus Indirect Client Position Account;

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Position Account means an account in the name of Clearing Participant on the books and records of Cboe Clear to which Cboe Clear registers Positions between Cboe Clear and Clearing Participant.

Position Account. - means a House Position Account or Customer Position Account.

Examples of Position Account in a sentence

• The Reports sent to you each month include a Statement of Account reflecting transactions in three sections: Accounts Receivable, Client Position Account and Funds In Use.

• All amounts you owe us, including all advances to you and any debit balance in your Client Position Account (defined in section 10 below), and any Obligations, are payable on demand and may be charged to your account at any time.

• All amounts owing to us by you, including, without limitation, any advances which may be made to you prior to shipment and any debit balance in your Client Position Account (as defined below), shall be payable to us on demand.

• The Reports sent to you each month will include, among other things, a Statement of Account reflecting transactions in an accounts receivable account (the "Accounts Receivable Account"), a client position account (the "Client Position Account") and a funds-in-use account (the "Funds-In-Use Account"), which accounts shall be established on our books in your name.

• The amount that appears in your Funds-In-Use Account is the difference between the balance in your Accounts Receivable Account and the balance in your Client Position Account.

• All amounts you owe us, including all advances to you and any debit balance in your Client Position Account (defined in Section 10 below), and any Obligations, are payable on demand and may be charged to your account at any time.

• All amounts owing to us by you, including, without limitation, any debit balance in your Client Position Account (as defined below), shall be payable to us on demand.

• The Reports that shall be made available to you (and the SPV and the Agent) include a Statement of Account reflecting transactions in three sections: Accounts Receivable, Client Position Account and Funds In Use.

• All amounts you owe us under this Agreement, including all unintentional advances to you, if any and any debit balance in your Client Position Account (defined in section 10 below), and any Obligations, are payable on demand and may be charged to your account at any time.

• The Reports sent to you each month will include, among other things, a Statement of Account which will reflect transactions in three accounts: an accounts receivable account (the "Accounts Receivable Account"), a client position account (the "Client Position Account") and a funds-in-use account (the "Funds-In-Use Account").

More Definitions of Position Account

Position Account means a House Position Account, an Omnibus Client Position Account or an Individual Client Position Account opened by EuroCCP in the name of the Clearing Participant within the Account Structure for registration of Trade Legs Posted for the account of the Clearing Participant, joint clients of that Clearing Participant, or the individual client;

Position Account means a sub-account in Raast linked to Settlement Limit Account in Raast which is used for managing credit and debit transactions.

Position Account means the Asset Account set up by TCH for the purpose of recording derivatives contract position and commodity delivery data.

Position Account. : shall mean the Clearing Member’s account, where Positions are registered in accordance with these Regulations and the provisions of the Instructions.