CSD-B.2.19 [Version up to 30 June 2016]
"Market charge" means a security interest, whether fixed or floating, granted in favour of a licensed clearing house or central depository:
(a) Over property held by or deposited with the licensed clearing house or licensed central depository ; and
(b) To secure liabilities arising directly in connection with the licensed clearing house or licensed central depository , ensuring the performance of a market contract.
Amended: April 2016