Uncleared Block Trade means a Block Trade other than a Cleared Block Trade. “Uncleared Swap” means a Swap other than a Cleared Swap.
Examples of Uncleared Block Trade in a sentence
Each Participant that is an Account Manager must cause its Client(s) on behalf of which it places any Order or Transaction on the SEF or for which it enters into an Uncleared Block Trade pursuant to the SEF’s rules, to be subject to the SEF Rules.