ASX Clear Operating Rules definition
Examples of ASX Clear Operating Rules in a sentence
ASX Group Rules ASX Limited Operating Rules, ASX Clear Operating Rules, and ASX Settlement Operating Rules.
As a Market Participant of ASX Group Ltd (“ASX”), ▇▇▇▇▇▇▇ Capital Limited is also bound by the ASX Market Operating Rules, ASX Settlement Operating Rules and the ASX Clear Operating Rules.
The Client irrevocably appoints severally ASX Clear, and every director, manager and assistant manager for the time being of ASX Clear, at the option of ASX Clear to do all acts and execute all documents on the Client's behalf for the purpose of exercising the powers conferred on ASX Clear under the ASX Clear Operating Rules including, without limitation, the power to transfer or close out OTC Options CCP Contracts if the Participant commits an event of default.
ASX Clear Operating Rules The operating Rules made by ASX Clear as in force from time to time.
The Client and the Participant acknowledge that each Options Market Contract entered into through an OTC Options Market Transaction (‘OTC Options Market Contract’) registered with ASX Clear is subject to the ASX Clear Operating Rules and the practices, directions, decisions and requirements of ASX Clear.
The Participant is not required to act in accordance with the Client's instructions, where to do so would constitute a breach of the ASX Clear Operating Rules or the Corporations Act.
The Client acknowledges that the Participant may, in certain circumstances permitted under the Corporations Act or the ASX Clear Operating Rules, take the opposite position in a transaction in the OTC Options CCP Contract, either acting for another client or on its own account.
Any term used in this Agreement which is defined in the ASX Clear Operating Rules has the meaning given in the ASX Clear Operating Rules.
The Clearing Participant must deal with any money and property paid or given to the Clearing Participant in connection with the Clearing Participant/Client relationship in accordance with the Corporations Act and the ASX Clear Operating Rules.
All parties acknowledge that each Option registered with ASX Clear Pty Limited (“ASX Clear”) is subject to the ASX Clear Operating Rules and the practices, directions, decisions and requirements of ASX Clear.