Failed Trades definition

Failed Trades means a Non-failing Party’s trade is not settled on settlement date due to the counterparty defaulting on their settlement obligation, where the JSE Settlement Authority is unable to enter into a Securities Lending and Borrowing transaction.
Failed Trades means a Non-failing Party’s trade is not settled on settlement date due to the counterparty defaulting on their settlement obligation, where the Authorised Exchange’s Settlement Authority is unable to enter into a Securities Lending and Borrowing transaction;

Examples of Failed Trades in a sentence

  • In accordance with the Timeline, PDEx shall instruct the Depository to release all Earmarked Securities relating to Failed Trades.

  • Reporting of Failed Trades and Delayed Settlements (rev052810) In accordance with the eDvP Timeline, the eDvP System shall notify PDEx of all Trades that failed to settle.

  • Cash Settlement Banks shall have no responsibility for Failed Trades and Delayed Settlements arising from inadequate cash balances of Settlement Participants without prejudice to existing agreements.

  • The Settlement Participant is deemed to have confirmed the accuracy, completeness and correctness of the Failed Trades Report after one (1) business day from the date of the Failed Trades Report.

  • The Settlement Participants shall handle the disposition of Failed Trades and Delayed Settlements subject to the PDEx Rules.

  • PDEx shall not be liable to any Settlement Participant for Failed Trades and Delayed Settlements whether such Settlement Participant utilized the eDvP System monitoring capability or not.

  • The Securities Settlement Agent shall have no responsibility for Failed Trades and Delayed Settlements arising from inadequate securities balances of Settlement Participants without prejudice to existing agreements.

  • In accordance with the eDvP Timeline, the eDvP System shall provide a Failed Trades Report or inquiry screen to each Settlement Participant giving details of Failed Trades for which the Settlement Participant is responsible.

  • In accordance with the Timeline, the Settlement Participant shall verify the accuracy, completeness and correctness of the Failed Trades Report and raise with PDEx any discrepancy with the Settlement Participant’s Trade records.

  • Trades shall be regarded as Failed Trades or Delayed Settlements in accordance with this Rule regardless of whether the eDvP System was fully operational if it can be shown that the Buyer did not have sufficient cash at the time to settle the Trade and/or the Seller did not have sufficient securities at the time to settle the Trade.

Related to Failed Trades

  • Qualifying business means a business which establishes a qualifying project in this state and which is certified by the Department of Economic Opportunity to receive tax credits pursuant to this section.

  • Active duty military means full-time duty status in the active uniformed service of the United States, including members of the National Guard and Reserve on active duty orders pursuant to 10 U.S.C. Section 1209 and 1211.

  • Inactive business operations means the mere continued holding or renewal of rights to property previously operated for the purpose of generating revenues but not presently deployed for such purpose.

  • Health professional shortage area means that term as defined in section 332(a)(1) of subpart II of part C of title III of the public health service act, chapter 373, 90 Stat. 2270, 42 U.S.C. 254e.

  • relevant employer means any company incorporated or registered under the Companies Act (Cap. 50) or any person registered under the Business Names Registration Act 2014;

  • Active business operations means all business operations that are not inactive business operations.

  • Service-disabled veteran-owned business means a service-disabled veteran-owned business located in the State of Tennessee that satisfies the criteria in Tenn. Code. Ann. § 12-3-1102(8). "Service-disabled veteran" means any person who served honorably in active duty in the armed forces of the United States with at least a twenty percent (20%) disability that is service-connected, i.e., the disability was incurred or aggravated in the line of duty in the active military, naval or air service.

  • Competing Business means any person or entity that competes with the Company Group in the sale, marketing, production, distribution, research or development of Competing Products in the same markets.

  • taxable service means any service provided or to be provided –

  • Company Business means the business of the Company as presently conducted.

  • Separate Business means each of the activities of the Licensee connected

  • Established business relationship means a relationship between a seller and a consumer based on:

  • Disabled Business Enterprise means a business owned by a person with a disability that is a continuing, independent, for-profit business that performs a commercially useful function, and is at least fifty-one (51%) owned and controlled by one (1) or more persons with a disability, or, in the case of any publicly-owned business, at least fifty one percent (51%) of the stock of which is owned and controlled by one(1) or more persons with a disability and whose management and daily business operations are under the control of one (1) or more persons with a disability.

  • Relevant Employee means the Previous Contractor Employees, the Previous Contractor Third Party Employees and Previous Contractor Sub-contractor Employees;

  • Remaining Business means whichever of the Operating Systems Business and the Applications Businesses is not transferred to a separate entity pursuant to the Plan.

  • Employment Business means as per the Employment Agencies Xxx 0000 and the Conduct of Employment Agencies and Employment Businesses Regulations 2003, an Employment Business is a business that offers contracts of employment to temporary workers, whose services are then temporarily offered on secondment to Framework Public Bodies.

  • Ethnic Group means a group of people who identify with each other through a common heritage including language, culture, and often a shared or common religion and or ideology that stresses ancestry.

  • Assisted cleaning or washing of tangible personal property means cleaning or washing of tangible personal property if the cleaning or washing labor is primarily performed by an individual:

  • Uniformed personnel means: (a) Law enforcement officers as

  • Controlled area means an area, outside of a restricted area but inside the site boundary, access to which can be limited by the licensee or registrant for any reason.

  • Relevant Employees means the employees of the Contractor (including the Transferring Employees) who are wholly or mainly assigned to work in the provision of the Services and who are/will be the subject of a Relevant Transfer by virtue of the application of the TUPE Regulations.

  • Enrolled Nurse means an employee:

  • pensionable service means service which may be taken into account in computing pension under these Regulations;

  • Best available control technology or “BACT” means an emissions limitation, including a visible emissions standard, based on the maximum degree of reduction for each regulated NSR pollutant which would be emitted from any proposed major stationary source or major modification which the reviewing authority, on a case-by-case basis, taking into account energy, environmental, and economic impacts and other costs, determines is achievable for such source or modification through application of production processes or available methods, systems, and techniques, including fuel cleaning or treatment or innovative fuel combination techniques for control of such pollutant. In no event shall application of best available control technology result in emissions of any pollutant which would exceed the emissions allowed by any applicable standard under 567—subrules 23.1(2) through 23.1(5) (standards for new stationary sources, federal standards for hazardous air pollutants, and federal emissions guidelines), or federal regulations as set forth in 40 CFR Parts 60, 61 and 63 but not yet adopted by the state. If the department determines that technological or economic limitations on the application of measurement methodology to a particular emissions unit would make the imposition of an emissions standard infeasible, a design, equipment, work practice, operational standard or combination thereof may be prescribed instead to satisfy the requirement for the application of best available control technology. Such standard shall, to the degree possible, set forth the emissions reduction achievable by implementation of such design, equipment, work practice or operation and shall provide for compliance by means which achieve equivalent results.

  • Eligible business means a business located within the counties of Cook, DuPage, Kane, Lake, McHenry or Will in the State of Illinois (the “Six County Region”), and as to which: (1) a majority of the business' fleet is located and used within the Six County Region; and (2) a majority of those vehicles located and used within the Six County Region are alternatively powered vehicles.

  • Date of establishment means July 1, 1962.