Clearing Company definition

Clearing Company means, “the National Clearing Company of Pakistan Limited”
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Clearing Company means a company registered as a clearing house under the Clearing Houses (Registration and Regulation) Rules, 2005;
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Clearing Company means the relevant clearing company of the market upon which the Securities are traded.
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Examples of Clearing Company in a sentence

  • Hong Kong Securities Clearing Company Limited (HKSCC), also a wholly-owned subsidiary of HKEX, and ChinaClear are responsible for the clearing, settlement and the provision of depository, nominee and other related services of the trades executed by their respective market participants and/or investors.

  • This includes the Stock Options Trading Rules of the SEHK, the Clearing Rules of the SEHK Option Clearing House Limited (“SEOCH”) and the rules of the Hong Kong Securities Clearing Company Limited(“HKSCC”).

  • Notwithstanding the foregoing assignment, you shall continue to deal with us in respect of any transfer of securities held by you for us in your Stock Account (as defined in the General Rules of CCASS) maintained with Hong Kong Securities Clearing Company Limited to the CCMS Collateral Account and in respect of any securities transferred from the CCMS Collateral Account to your Stock Account until you have received written notice to the contrary from SEOCH.

  • Natural persons and legal entities registered as holders of xxxxx xxxx IGH-O-176A in the records of the Central Depository and Clearing Company d.d. (CDCC) on the day preceding the day of the Assembly (bondholders registered on the day 03 December 2021) have the right to vote.

  • This includes the Rules of the Exchange and of the Hong Kong Securities Clearing Company Limited (the “Clearing House”).

  • Process settlement activity through designated depositories including, but not limited to, the Canadian Depository for Securities (CDS), the Depository Trust Clearing Company (DTCC) in New York, and other sub-custodian agents as approved by [IIROC DEALER].

  • Clause 8 The Client attests and acknowledges his/her obligation to pay the value of security purchase transactions on the regular, options, and forward markets, as well as other current and future financial services markets in advance; to deposit the sums in his/her account with the Kuwait Clearing Company; and that trading shall occur based upon these sums.

  • All necessary arrangements will be made for the Consolidated Shares to be admitted into the Central Clearing and Settlement System established and operated by Hong Kong Securities Clearing Company Limited.

  • This includes the rules of the HKEx and of the Hong Kong Securities Clearing Company Limited.

  • Each Stock Connect is a securities trading and clearing links program established by The Stock Exchange of Hong Kong Limited (“SEHK”), the Hong Kong Securities Clearing Company Limited (“HKSCC”), the SSE or SZSE, as applicable, and China Securities Depository and Clearing Corporation Limited (“CSDCC”) that aims to provide mutual stock market access between the PRC and Hong Kong by permitting investors to trade and settle shares on each market through their local securities brokers.

Related to Clearing Company

  • Clearing Corporation The meaning specified in Section 8-102(a)(5) of the UCC.

  • Clearing Agent means Clearstream Banking AG, Euroclear Bank S.A., and Clearstream Banking S.A. and such further or alternative clearing agent(s) or clearance system(s) as may be approved by the Issuer from time to time and notified to the Holders in accordance with General Condition 4 (each a “Clearing Agent” and together the “Clearing Agents”);

  • Clearing Account has the meaning set forth in Section 2.7.1 hereof.

  • Clearing Corporation Security means securities which are in the custody of or maintained on the books of a Clearing Corporation or a nominee subject to the control of a Clearing Corporation and, if they are Certificated Securities in registered form, properly endorsed to or registered in the name of the Clearing Corporation or such nominee.

  • Clearing Bank means the Bank or any other banking institution with whom a Payment Account has been established pursuant to a Blocked Account Agreement.

  • Clearing Member means a registered broker-dealer which is a clearing member under the rules of O.C.C. and a member of a national securities exchange qualified to act as a custodian for an investment company, or any broker-dealer reasonably believed by the Custodian to be such a clearing member.

  • Clearing means the clearing and removal of vegetation, whether partially or in whole, including trees and shrubs, as specified;

  • Clearing Systems means Euroclear and Clearstream, Luxembourg;

  • Clearing System means Monte Titoli S.p.A., with offices in Piazza degli Affari no. 6, Milan, Italy ("Monte Titoli").

  • Clearing Agency Participant means a broker, dealer, bank, other financial institution or other Person for whom from time to time a Clearing Agency effects book-entry transfers and pledges of securities deposited with the Clearing Agency.

  • Clearing Organization means The Depository Trust Company, or, if agreed to by Borrower and Lender, such other clearing agency at which Borrower (or Borrower's agent) and Lender (or Lender's agent) maintain accounts, or a book-entry system maintained by a Federal Reserve Bank.

  • Clearing Participant means a person admitted as a participant under the Clearing Rules.

  • Depository The Depository Trust Company, or any successor Depository hereafter named. The nominee of the initial Depository for purposes of registering those Certificates that are to be Book-Entry Certificates is Cede & Co. The Depository shall at all times be a "clearing corporation" as defined in Section 8-102(a)(5) of the Uniform Commercial Code of the State of New York and a "clearing agency" registered pursuant to the provisions of Section 17A of the Securities Exchange Act of 1934, as amended.

  • Clearing Agency means an organization registered as a “clearing agency” pursuant to Section 17A of the Exchange Act.

  • Foreign Clearing Agency means Clearstream and the Euroclear Operator.

  • Clearing Agreement means Clearing, Settlement and Sponsorship Services Agreement by and between the Borrower and Fifth Third Bank dated as of June 30, 2009, as the same may be amended, modified, supplemented, restated or amended and restated from time to time.

  • Foreign Depository means (a) Euroclear, (b) Clearstream Banking, societe anonyme, (c) each Eligible Securities Depository as defined in Rule 17f-7 under the Investment Company Act of 1940, as amended, identified to the Fund from time to time, and (d) the respective successors and nominees of the foregoing.

  • Recognised Clearing System means any clearing system listed in Section 246A of the Taxes Act (including, but not limited to, Euroclear, Clearstream Banking AG, Clearstream Banking SA and CREST) or any other system for clearing shares which is designated for the purposes of Chapter 1A in Part 27 of the Taxes Act, by the Irish Revenue Commissioners, as a recognised clearing system.

  • Clearing Rules means SGX-DC Clearing Rules as amended or supplemented from time to time;

  • Clearing Account Agreement means that certain agreement relating to clearing account services by and among Mortgage Borrower, Lender and Clearing Account Bank, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time, relating to the operation and maintenance of, and application of funds in, the Clearing Account.

  • Financial Account means an account maintained by a Financial Institution, and includes:

  • Global Receipt Depository means, with respect to any Receipt issued hereunder, DTC or such other entity designated as Global Receipt Depository by the Corporation in or pursuant to this Deposit Agreement, which entity must be, to the extent required by any applicable law or regulation, a clearing agency registered under the Securities Exchange Act of 1934, as amended.

  • Depository Participant A broker, dealer, bank or other financial institution or other Person for whom from time to time a Depository effects book-entry transfers and pledges of securities deposited with the Depository.

  • Clearing Costs means all of the Investor’s broker and Transfer Agent fees. “Clearing Date” shall be the date on which the Investor receives the Put Shares as DWAC Shares in its brokerage account.

  • recognised clearing house means an organisation recognised as such pursuant to FSMA;