central counterparty
Definitions over time (1)
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25/03/2012 – 17/09/2014 Article 2, Short Selling Regulation Scope: Whole act
1. For the purpose of this Regulation, the following definitions apply:
‘central counterparty’ means a legal entity which interposes itself between the counterparties to the contracts traded within one or more financial markets, becoming the buyer to every seller and the seller to every buyer and which is responsible for the operation of a clearing system;
Other definitions of this term in this act (1)
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Used in (0 places in 0 provisions on 12/11/2026)
No text uses this concept on 12/11/2026.