Liquidity Providers. When you place an Order through the Platform or the Zero Hash System, you are requesting to buy or sell cryptocurrency to and from other fully onboarded users of Zero Hash. You understand and agree that some onboarded users, including ZHLS, engage in cryptocurrency trading activities for profit. You understand and agree that we may, at our sole discretion, use various intermediaries that quote both a buy and a sell price in cryptocurrency held in their own inventory (“Liquidity Provider”) to source cryptocurrency for your Order(s) in order to fulfill and settle such Orders. You understand and agree that Zero Hash may, at its sole discretion, determine which Liquidity Provider acts as the buyer and/or seller of cryptocurrency for any given Order placed by you through the Platform or the Zero Hash System.
Liquidity Providers. Notwithstanding anything to the contrary herein, each Conduit under the terms of its Liquidity Agreement or the Note Purchase Agreement may at any time sell or grant to one or more Liquidity Providers party to the Liquidity Agreement or one or more Alternate Purchasers party to the Note Purchase Agreement, participating interests or security interest, as applicable, in the Notes provided that each Liquidity Provider or Alternate Purchaser shall, by any such purchase, be deemed to have acknowledged and agreed to the provisions of this Indenture and Servicing Agreement.
Liquidity Providers. The Company shall act as agent of the Client (principal) when receiving and transmitting orders. The Company will be transmitting your Orders for execution to Sirius Financial Markets PTY Ltd, a broker regulated by the Australian Securities and Investment Commission (ASIC), and Sirius Financial Markets PTY Ltd may be transmitting the orders received by us to other liquidity providers. Broker(s) or Liquidity Provider(s) are not necessarily operating in regulated markets. Leverage: A ratio in respect of Transaction size and initial margin. For example, 1:200 ratio means that in order to open a position, the initial margin is two hundred times less than the Transactions size. Margin: The necessary guarantee funds to open positions or to maintain open positions, as determined in the Contract Specifications for each Underlying in a Financial Instrument. NDFs: Non-Deliverable Forwards and has the same meaning as CFDs. Nominee: Any company as we may appoint as our Nominee from time to time, which is a member of our group whose principal function is to hold funds acquired by our Clients.
Liquidity Providers. 8.1 InterDealer shall not make use of any FIX session that supplies liquidity to the Trading Center for any other purpose than for the benefit of the Trading Center.
Liquidity Providers. Orders and quotes from market makers providing reviewable liquidity shall meet the following criteria: • Response times of no longer than 250 (s/b 100ms) milliseconds. • Acceptance rate between 80% and 85% of the Orders. • A minimum quote size of 1 million base currency.
Liquidity Providers. The Cboe FI Platform permits the submission and posting of firm and non-firm quotes. To the extent a Participant of the Platform has been designated by Cboe FI in its discretion as an LP pursuant to Cboe FI’s LP Standards, which standards are located on Cboe FI’s website and which are incorporated into these Operating Procedures by reference, such LP may be permitted to provide non-firm liquidity to the Platform. While firm liquidity consists of quotes submitted to the Platform that are immediately executable against incoming orders without any further action, non- firm liquidity consists of quotes submitted to the Platform that require the LP submitting such quote to either accept or decline an incoming order within certain parameters determined by Cboe FI prior to an execution against such LP’s quote. An LP may provide firm or non-firm quotes to the Platform. Participants may, upon request, choose to interact with both firm and non-firm liquidity, or may opt to interact only with firm or non-firm liquidity. Cboe FI does not disclose any identifying counterparty information to LPs before or during the order review time (“ORT”). If an LP does not affirmatively accept or decline an incoming order within the ORT, the incoming order will be deemed to have been rejected by the LP and no transaction will be executed. If such LP attempts to accept the incoming order after the ORT has expired, the Platform will electronically notify it that no transaction was executed. At Cboe FI’s discretion, a LP that fails to meet the LP Standards shall lose its privilege of providing liquidity to the Platform. A Participant which has chosen to interact with non-firm liquidity will have its order routed to match the best available quote as set forth in Section 5. In the event that such order matches a non- firm quote and the order is not accepted by the relevant LP prior to the expiration of the ORT, the aggressing order will be canceled by the Platform.
Liquidity Providers. The Company shall act as agent of the Client (principal) when receiving and transmitting orders. The Company will be transmitting your Orders for execution to other financial institutions or broker(s), and such broker(s) may be transmitting the orders received by us to other liquidity providers. These broker(s) are not necessarily operating in a regulated market.
