Relevant EMTA Template means, for a particular ForexClear Contract, the EMTA Template that is incorporated by reference into the ForexClear Contract Terms applicable to such Contract, together with any amendments thereto as set out in the ForexClear Contract Terms.
Relevant EMTA Template means, for a particular FCM ForexClear Contract, the EMTA Template that is incorporated by reference into the FCM ForexClear Contract Terms applicable to such Contract, together with any amendments thereto as set out in the FCM ForexClear Contract Terms.
Relevant EMTA Template means all of the template terms for the confirmation of a foreign exchange non-deliverable forward transaction in a currency pair that is subject of a particular Contract as recommended by EMTA or a recognized successor (such template terms in effect on the Effective Date of the Contract and published and available at www.emta.org or any successor website).
Examples of Relevant EMTA Template in a sentence
After the Registration Time for a ForexClear Non-Deliverable Contract, the ForexClear Service links a Settlement Rate Option to it in accordance with the Relevant EMTA Template or given LCH Non-EMTA Contract Template, as applicable.
More Definitions of Relevant EMTA Template
Relevant EMTA Template means all of the template terms for the confirmation of a foreign exchange non-deliverable forward transaction in a currency pair that is subject of a particular Contract as recommended by EMTA or a recognized successor (such template terms in
Relevant EMTA Template means, for a particular FCM ForexClear Contract, the EMTA Template that is incorporated by reference into the FCM ForexClear Contract Terms applicable to such Contract, together with any amendments thereto as set out in the FCM ForexClear Contract Terms. Unless otherwise specified, all times are in local London time. The liability of the Clearing House is as set out in Regulation 32 (Exclusion of Liability), which applies to these FCM Procedures in its entirety unless provided otherwise. 2.2.2 Users of FCM ForexClear The FCM ForexClear Service is an interface that processes and stores all FCM ForexClear Transactions. Those authorized by the Clearing House to submit trades (as defined below) for clearing in the FCM ForexClear Service fall into two categories – FCM Clearing Members approved by the Clearing House to clear in the FCM ForexClear Service (“FX FCMs”) and FCM Clients of FX FCMs. FX FCMs and FCM Clients of FX FCMs are known as ForexClear Participants (“FXPs”). For membership procedures, please see Section 1 of the FCM Procedures. At least one party to each FCM ForexClear Transaction submitted to the Clearing House will be an FX FCM, acting through a client or Notwithstanding the designation by the Clearing House of any system as an FCM Approved Trade Source System, the Clearing House makes no warranty (and will accept no liability) as to the effectiveness, efficiency, performance or any other aspect of the services provided by any FCM Approved Trade Source System or the timeliness or otherwise of the delivery of any FCM ForexClear Transaction details by that FCM Approved Trade Source System to the Clearing House. Such matters form part of the relationship between the FCM Clearing Members and that FCM Approved Trade Source System and the terms of such relationship may entitle the FCM Approved Trade Source System to suspend the ability of an FX FCM to make submissions from time to time. FX FCMs must not submit instructions to the Clearing House for trades which will not meet the FCM ForexClear Eligibility Criteria. The Clearing House will process any FCM ForexClear Transaction reported to it by an FCM Approved Trade Source System on an “as is” basis, and subject to the FCM Regulations and these FCM Procedures, will register any such FCM ForexClear Transaction on the basis of the data provided to it by the FCM Approved Trade Source System and approved by the relevant FCM Clearing Member. The Clearing House has no obligation to verify that the details ...
Relevant EMTA Template means the template terms for the confirmation of a Non- Deliverable FX Transaction (an "NDF Transaction") or Non-Deliverable Currency Option Transaction (an "NDO Transaction") in a particular currency pair as recommended by EMTA, Inc. or a recognized successor published and available at xxx.xxxx.xxx or any successor website.