SGX-DC definition
Examples of SGX-DC in a sentence
Accordingly, none of the foregoing parties shall be in any way responsible for any losses, expenses or damages (in all cases direct or indirect) arising in connection with or referable to the clearing or settlement of any contract linked or referable to the said index, provided that nothing herein shall affect either obligations of the SGX-DC or its Members as parties clearing or settling in any contract so linked or referable.
Disclosures, Terms and Other Matters Relating to Trading on SGX-ST and SGX-DT and Clearing on CDP and SGX-DC .......................................................
You acknowledge that you been made aware of Rule 2.19 (Omnibus Account) of the Clearing Rules of SGX-DC (for the purposes of this Schedule 5, the "Clearing House"), Rule 3.3.3 and Rule 3.3.21 of the Futures Trading Rules of the SGX-DT (the "Exchange") (as reproduced below) and undertakes to comply with such requirements as may be imposed by us in connection with an omnibus account for the purpose of ensuring our compliance with Rule 2.19, Rule 3.3.3 and Rule 3.3.21.
For and on behalf of (Name of the Customer) When you instruct us to execute or procure the execution of any Transaction on SGX-DT or to clear or procure the clearing of any Transaction through SGX-DC, you shall be deemed to have accepted the terms and the risks set out in this Schedule 5 as additionally applying to all such Transactions.
In particular, the SGX- DC shall have no liability to any party affected or aggrieved by any alleged action or omission of the SGX- DC or any of the directors, officers or employees of the SGX-DC.
In particular, the SGX-DC shall have no liability to any party affected or aggrieved by any alleged action or omission of the SGX-DC or any of the directors, officers or employees of the SGX-DC.
The Company shall during the continuance of this Agreement provide the requisite guarantees and indemnities to SGX-DC and the appropriate members of SGX-DT in accordance with the rules of SGX-DT in respect of the trades/contracts made by the Trading Member on the Markets and shall if it considers desirable or necessary provide clearing services for such trades/contracts.
In the event that the Company shall be suspended or expelled from SGX-DT for whatever reason, the Trading Member may be qualified by another clearing member of SGX-DC and any or all of the open positions or contracts cleared by the Company may be transferred out or closed out pursuant to the rules of SGX-DC as may be appropriate.
The Customer acknowledges that it has been made aware of Rule 2.19 (Omnibus Account) of the Clearing Rules of SGX-DC (for the purposes of this Section D, the "Clearing House"), Rule 3.3.3 and Rule 3.3.21 of the Futures Trading Rules of the SGX-DT (the "Exchange") (as reproduced below) and undertakes to comply with such requirements as may be imposed by UOB in connection with an omnibus account for the purpose of ensuring UOB’s compliance with Rule 2.19, Rule 3.3.3 and Rule 3.3.21.
The Company shall during the continuance of this Agreement provide the requisite guarantees and indemnities to SGX-DC and the appropriate members of SGX-DT, in accordance with the rules of SGX-DT in respect of the trades made by the Trading Member on the Markets and shall if it considers desirable or necessary, provide clearing services for such trades.