Strate System definition

Strate System means the computer system and associated network operated or used by Strate for the purpose of Clearing and Settlement of transactions in Securities, or any other purpose performed by Strate in terms of the Act;
Strate System means the clearing, custody and settlement environment system for securities transactions to be settled and for the transfer of ownership to be recorded electronically, as managed by Strate;
Strate System the system operated for dealings in securities in uncertificated form listed on the JSE that take place on the JSE and for dealings in securities in certificated form listed on the JSE that take place off market;

More Definitions of Strate System

Strate System means the computer system and associated network operated or used by Strate for the