IRC securities definition

IRC securities means the interest rate and currency securities listed on the JSE and traded on the trading system;
IRC securities means the bonds, interest rate derivatives and currency derivatives that are JSE listed securities [listed on the JSE] and traded on the JSE trading system; "JSE authorised investments" means –(a) IRC securities;(b) JSE listed securities traded on the JSE equities market [trading system] or [the JSE] derivatives market [trading system];(c) securities listed on an exchange in the Republic other than the JSE;(d) securities listed on an external exchange;(e) participatory interests in a collective investment scheme as defined in the Collective Investment Schemes Control Act, 2002 (Act No. 45 of 2002), and units or any other form of participation in a foreign collective investment scheme approved by the Registrar of Collective Investment Schemes in terms of section 65 of that Act;(f) units or any other form of participation in a collective investment scheme licensed or registered in a foreign country; and(g) funds intended for the purchase of such securities, units or participation; "JSE [commodities] trading system" means the computer system or systems and associated network or networks operated or used by the JSE for the purpose of providing a market or markets for the trading of [commodity] JSE listed securities; ["JSE derivatives trading system"] [means the computer system or systems and associated network or networks operated or used by the JSE for the purpose of providing a market for the trading of derivative securities;] [“JSE equities trading system”] [means the computer system or systems and associated network or networks operated or used by the JSE for the purpose of providing a market for the trading of equity securities;] "JSE listed securities” means those securities included in the list of securities kept by the JSE; ["JSE systems"] [means any system, device or network which is operated by or on behalf of the JSE for the purpose of providing a market;] [“trading system”] [means the computer system or systems and associated network or networks operated or used by the JSE for the purpose of providing a market for the trading of IRC securities;] "match” means the matching of a buy order with a sell order on the central order book or the matching of [reported] off book transactions executed by trading members; “off book” or “off book trade” means a transaction in IRC securities negotiated off the central order book and reported by a member to the JSE trading system; “on book” or “on book trade” means a transaction in IRC securities executed by a mem...
IRC securities means the bonds, interest rate derivatives and currency derivatives that are JSE listed securities and traded on the JSE trading system; "JSE" means JSE Limited, a company duly registered and incorporated with limited liability under the company laws of the Republic, licensed to operate an exchange under the Act; "JSE authorised investments" means –(a) IRC securities;(b) JSE listed securities traded on the JSE equities market or derivatives market;(c) securities listed on an exchange in the Republic other than the JSE;(d) securities listed on an external exchange;(e) participatory interests in a collective investment scheme as defined in the Collective Investment Schemes Control Act, 2002 (Act No. 45 of 2002), and units or any other form of participation in a foreign collective investment scheme approved by the Registrar of Collective Investment Schemes in terms of section 65 of that Act;(f) units or any other form of participation in a collective investment scheme licensed or registered in a foreign country; and(g) funds intended for the purchase of such securities, units or participation; “JSE Clear” means JSE Clear Limited, a company duly registered and incorporated with limited liability under the company laws of the Republic, licensed to operate as an independent clearing house and central counterparty under the Act; "JSE Executive" means the Executive Officer and such other officials of the JSE as the Executive Officer may decide shall serve on the JSE’s top management; "JSE listed securities" means those securities included in the list of securities kept by the JSE;

Examples of IRC securities in a sentence

  • This development transformed a largely peaceful movement into today’s violent war, leading the regime to withdraw from areas under the control of opposition forces (known as liberated areas), and target civilian areas with bombs and shelling.

  • DC Client Agreement The JSE has resolved that the Client Agreement to be entered into between a trading member and a client, as contemplated in rule 7.80.1, shall contain terms and conditions which have substantially the same effect in law as the terms and conditions in the proforma agreement below, to the extent that the terms and conditions below are relevant to transactions in IRC securities entered into by the trading member with or on behalf of the client.

  • The trading member hereby undertakes to ensure that every client agreement entered into by it shall conform with the terms and conditions as prescribed by the JSE and warrants that all clients registered with the JSE for whom the trading member will undertake transactions in IRC securities that are to be cleared through the clearing house shall have signed such a client agreement.

  • Family sizeadultequivalentContinous⁺⁄⁻Family size availability in small holderfarmers in number.

  • Section 8 shall apply to [all Yield-X securities, unless the context clearly indicates otherwise-] transactions in IRC securities that qualify to be cleared in terms of this section.

  • A The member is a member of JSE Limited ("JSE") and authorised to buy and sell IRC securities on behalf of other persons or on his own account; B The member and the investment manager wish to enter into an agreement with each other through the agency of the investment manager setting out the terms on which the member will trade with or on behalf of the client.

  • Timber from older buildings that are outside of its intended service life can be reused or recycled.Research related to the mechanical properties of retrowood is quite complex due to the characteristics of the material.

  • Upon the clearing by JSE Clear of a transaction in an IRC security, JSE Clear shall by the process of novation take an equal and opposite position to each party to the transaction in IRC securities and JSE Clear shall be liable and responsible for protecting buyers and sellers from financial loss by assuring performance on each transaction.

  • On-line at:http://www.energy.ca.gov/2007_energypolicy/index.html Finally, the CEC stated in its 2007 IEPR, “California’s policy makers want to encourage retirement of the remaining steam boiler plants in California and encourage development at those sites of cleaner, combustion-based technologies that operate at higher efficiency and thereby reduce the demand for natural gas.

Related to IRC securities

  • Public Securities means, collectively, the Closing Securities and, if any, the Option Securities.

  • Domestic securities means securities held within the United States.

  • U.S. Securities means Securities issued by an issuer that is organized under the laws of the United States or any State thereof or that are otherwise traded in the United States, and shall include American Depositary Receipts.

  • BofA Securities means BofA Securities, Inc.

  • Approved Securities means securities of any State Government or of the Central Government and such bonds, both the principal whereof and the interest whereon shall have been fully and unconditionally guaranteed by any such Government;

  • Designated Securities means securities issued by an Insured, or by any Affiliated Entity, or by any Fund to which such Insured or any Affiliated Entity provides any services.

  • Offeror’s Securities means Voting Shares Beneficially Owned by an Offeror on the date of the Offer to Acquire;

  • Securities as used herein does not include (i) securities of issuers that are affiliated with the Buyer or are part of the Buyer's Family of Investment Companies, (ii) securities issued or guaranteed by the U.S. or any instrumentality thereof, (iii) bank deposit notes and certificates of deposit, (iv) loan participations, (v) repurchase agreements, (vi) securities owned but subject to a repurchase agreement and (vii) currency, interest rate and commodity swaps.

  • Equity-linked Securities means any debt or equity securities that are convertible, exercisable or exchangeable for Class A Shares issued in a financing transaction in connection with a Business Combination, including but not limited to a private placement of equity or debt.

  • Exempted Securities means:

  • CHESS Approved Securities means securities of the Company for which CHESS approval has been given in accordance with the ASX Settlement Operating Rules;

  • relevant securities means Ordinary Shares and securities carrying conversion or subscription rights into Ordinary Shares;

  • Offered Securities shall have the meaning specified in Section 5.03(b)(ii)(B).

  • Listed Securities means any Shares, Share Options, stock, debentures, debenture stock or other securities for the time being issued by the Company and officially quoted by ASX;

  • Lock-Up Securities shall have the meaning set forth in Section 4.1.

  • Conversion Securities has the meaning set forth in Section 4.08(b).

  • Series A Securities means the Company's 10.01% Series A Junior Subordinated Deferrable Interest Debentures due March 15, 2027, as authenticated and issued under this Indenture.

  • Placement Shares shall have the meaning given in the Recitals hereto.

  • Refused Securities has the meaning ascribed to such term in Section 4.1(c)

  • Purchaser Securities means the Purchaser Shares, Purchaser Rights, Purchaser Units, Purchaser Warrants, collectively.

  • Covered Securities means any note, stock, treasury stock, security future, bond, debenture, evidence of indebtedness, certificate of interest or participation in any profit-sharing agreement, collateral-trust certificate, preorganization certificate or subscription, transferable share, investment contract, voting-trust certificate, certificate of deposit for a security, fractional undivided interest in oil, gas, or other mineral rights, any put, call, straddle, option, or privilege on any security (including a certificate of deposit) or on any group or index of securities (including any interest therein or based on the value thereof), or any put, call, straddle, option, or privilege entered into on a national securities exchange relating to foreign currency, or, in general, any interest or instrument commonly known as a "security", or any certificate of interest or participation in, temporary or interim certificate for, receipt for, guarantee of, or warrant or right to subscribe to or purchase any of the foregoing.

  • Related Securities means any options or warrants or other rights to acquire Shares or any securities exchangeable or exercisable for or convertible into Shares, or to acquire other securities or rights ultimately exchangeable or exercisable for or convertible into Shares.

  • Underwritten Securities shall include the Initial Underwritten Securities and all or any portion of the Option Securities agreed to be purchased by the Underwriters as provided herein, if any. The Terms Agreement, which shall be substantially in the form of Exhibit A hereto, may take the form of an exchange of any standard form of written telecommunication between you and the Company. Each offering of Underwritten Securities through you or through an underwriting syndicate managed by you will be governed by this Agreement, as supplemented by the applicable Terms Agreement.