Примери за използване на Clearing member на Английски и техните преводи на Български
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Colloquial
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Official
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Medicine
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Ecclesiastic
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Ecclesiastic
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Computer
DFi= the pre-funded contribution of clearing member i;
In Bulgaria we are also a clearing member of the Central Securities Depository.
The contributions shall be proportional to the exposures of each clearing member.
Any investment firm may trade through a clearing member in another Member State.
A CCP further shall use its own dedicated financial resources before using the default fund contributions of non-defaulting clearing members.
To trade energy on line,one must have an account with a clearing member and be registered as a user.
Clearing member is an undertaking which participates in a CCP and which is responsible for discharging the financial obligations arising from that participation;
The regulation applies to CCPs and their clearing members, to financial counterparties and TRs.
The broker should have the proper forms and be able to help you fill them out to establish your account,including your margin account with the clearing member.
If the brokerage firm is not also a clearing member of the Exchange, it must have a relationship with a clearing member.
(z) a Tier 2 CCP infringes Article 36(1) by not acting fairly andprofessionally in accordance with the best interests of its clearing members and their clients;
An institution acting as a clearing member shall apply the following treatment to its exposures arising from its contributions to the default fund of a CCP.
If the equity in a customer's account drops to orunder an amount predetermined by the Exchange, the clearing member must issue a margin call for the customer to restore his equity.
A clearing member or its clients would be forced to hold their positions in a financial instrument in more than one CCP which would limit the potential for the netting of financial exposures;
Such obligations shall be proportional to the risk brought by the clearing member and shall not restrict participation to certain categories of clearing members. .
That other clearing member shall be obliged to accept those assets and positions only where it has previously entered into a contractual relationship with the clients by which it has committed itself to do so.
CCPs established in third countries may provide clearing services to clearing members or trading venues established in the Union only where that CCP is recognised by ESMA.
Second, in relation to indirect clearing arrangements,ESMA indicated that counterparties are currently unable to access CCPs by becoming an indirect client of a clearing member, because of the scarcity of the offer.
Where an institution acting as a clearing member uses the methods set out in Section 3 or 6 of this Chapter to calculate the own funds requirement for its exposures, the following shall apply.
(7)‘multi-level client structure' means an indirect clearing arrangement under which clearing services are provided to an institution by an entity which is not a clearing member, but is itself a client of a clearing member or of a higher-level client;
(dd) a Tier 2 CCP infringes Article 37(5)by denying access to a clearing member meeting the criteria referred to in Article 37(1) where such denial of access is not duly justified in writing and based on a comprehensive risk analysis;
An institution that is a client shall calculate the own funds requirements for its CCP-related transactions with its clearing member in accordance with Sections 1 to 8 of this Chapter, with Section 4 of Chapter 4 of this Title and with Title VI of this Part, as applicable.”;
An institution acting as a clearing member and, in that capacity, acting as a financial intermediary between a client and a CCP, shall calculate the own funds requirements for its CCP-related transactions with the client in accordance with Sections 1 to 8 of this Chapter, with Section 4 of Chapter 4 of this Title and with Title VI of this Part, as applicable.”;
(e) a Tier 2 CCP infringes Article 39(2) by not offering to keep and not keeping where so requested separate records andaccounts enabling each clearing member to distinguish in accounts with the CCP the assets and positions of that clearing member from those held for the account of its clearing members; .
Any balance owed by the CCP after the completion of the clearing member's default management process by the CCP must be readily returned to those clients when they are known to the CCP or, if they are not, to the clearing member for the account of its clients.
When determining the margin period of risks for transactions between a client and a clearing member, an institution acting either as the client or as the clearing member shall replace the minimum period set out in point(b) of Article 285(2) with 5 business days.
By way of derogation from point(i) of Article 281(2),where an institution that acts as a clearing member uses the method set out in Section 4 to calculate the own funds requirement for its exposures to a client, the institution may use a maturity factor of 0,21 for its calculation.
By way of derogation from point(h) of Article 281(2),where an institution acting as a clearing member uses the method set out in Section 4 of this Chapter to calculate the own fund requirement for its exposures to a client, the institution may use a maturity factor equal to 0,21 for its calculation.
A CCP shall offer to keep separate records andaccounts enabling each clearing member to distinguish in accounts with the CCP the assets and positions held for the account of a client from those held for the account of other clients(‘individual client segregation').
By way of derogation from paragraph 1,where assets posted as collateral to a CCP or a clearing member are bankruptcy remote in the event that the CCP, the clearing member or one or more of the other clients of the clearing member become insolvent, an institution may attribute an exposure value of zero to the counterparty credit risk exposures for those assets.