resident client definition
resident client means a resident who has concluded a client agreement with a trading member, and who has been registered by SAFCOM as a resident client of the trading member;
resident client means a resident who has concluded a client agreement with a trading member, and who has been registered by JSE Clear as a resident client of the trading member; "retained margin" means the margin paid by a client to a trading member for an intended transaction or margin due to a client which the trading member has retained in anticipation of a transaction as contemplated in rule 8.50.4; "return date" means the date on which a trading member or client returns equivalent bonds or the loaned funds to the Settlement Authority, as the context may require; "risk disclosure statement" means the risk disclosure statement annexed to the client agreement; "rolling settlement" means a settlement environment where transactions become due to be settled a prescribed number of days after the trade date; “rolling of settlement” means the process initiated by the Settlement Authority in terms of which the settlement date of a transaction in bonds is postponed to a later date as determined by the Settlement Authority; "safeguarding" has the same meaning as that contained in section 1 of the Act; “same day trade” means a reported transaction that is due to settle on the same day that it is reported to the trading system;3 "securities" has the same meaning as that contained in section 1 of the Act;
resident client means a resident who is not a member and who has concluded a client agreement with a trading member or non-executing member, and who has been registered by the clearing house as a resident client of the trading member;
More Definitions of resident client
resident client means a person eighteen (18) years of age or older, unrelated to the owner by blood, marriage or adoption, who resides and receives services in the adult foster care home.