Examples of CSDCC in a sentence

Although the likelihood of a default by CSDCC is considered to be remote, investors should be aware of this arrangement and of this potential exposure before engaging in Northbound trading.
For settlement of China Connect Securities trades, CSDCC will debit or credit the securities accounts of its participants (including HKSCC as clearing participant) on T day free of payment.
If CSDCC (as the host central counterparty) defaults, HKSCC may (but shall have no obligation to) take any legal action or court proceeding to seek recovery of the outstanding China Connect Securities and monies from CSDCC through available legal channels and through CSDCC's liquidation process, if applicable.
CSDCC has established a risk management framework and measures that are approved and supervised by the CSRC.
As CSDCC does not contribute to the HKSCC guarantee fund, HKSCC will not use the HKSCC guarantee fund to cover any residual loss as a result of closing out any of CSDCC's positions.

More Definitions of CSDCC

CSDCC means the China Securities Depository and Clearing Co., Ltd (中國證券登記結算有限公司) of the PRC.

CSDCC means China Securities Depository and Clearing Corporation; 「中國結算」指中國證券登記結算有限責任公司；

CSDCC means the China Securities Depository and Clearing Co., Ltd.

CSDCC means the China Securities Depository and Clearing Co., Ltd. “CSRC” means the China Securities Regulatory Commission. “Custodian” means Citibank, N.A., appointed by the Trustee.

CSDCC means the Shanghai branch of China Securities Depository and Clearing Corporation in the case of China Connect Securities traded on SSE and the Shenzhen branch of China Securities Depository and Clearing Corporation in the case of China Connect Securities traded on SZSE.