Allocation Algorithm definition

Allocation Algorithm means a pre-determined and non-discretionary algorithm for the continuous allocation of Eligible Margin Assets in the form of Securities and Redelivery Claims for Margin in the form of Cash (in each case, that have been actually delivered) in accordance with the Applicable Allocation Method. Eurex Clearing AG publishes a description of the framework underlying the Allocation Algorithm on its website. 4.4.1.2 Specific Eligible Margin Assets and Redelivery Claims for Margin that are allocated to the Internal Omnibus Margin Account in accordance with Number 4.4.1.1 are allocated from time to time to a Client Transaction Account by continuous application of the Allocation Algorithm. Where relevant, the allocation (by application of the Allocation Algorithm) immediately prior to
Allocation Algorithm means a pre-determined and non-discretionary algorithm for the continuous allocation of Eligible Margin Assets in the form of Securities and Redelivery Claims for Margin in the form of Cash (in each case, that have been actually delivered). Eurex Clearing AG publishes a description of the framework underlying the Allocation Algorithm on its website. 4.4.3 Fractions4.4.2 For the purpose of the Allocation Algorithm Eurex Clearing AG may define minimum allocable amounts for the allocation of Securities. If an allocation of Securities pursuant to Number 4.4.1 or 4.4.2 were to result in fractions of the respective minimum allocable amount of a Security (“Fraction”), such Fraction shall nevertheless be allocated in accordance with Numbers 4.4.1 or 4.4.2, respectively (and irrespective of whether such Fraction is transferrable). Fractions and the Securities to which they relate are subject to the provisions on realisation and liquidation set out in Number 6.6.4. 4.5 Redelivery Claims with respect to Margin and allocation of Redelivery Claims with respect to Margin4.5.1 […] The relevant Redelivery Claim will become due in accordance with Number 4.6, provided that no Clearing Member Termination Date (as defined in Number 7.2 of the General Clearing Provisions) with respect to the relevant ECM Standard Agreement or an Insolvency Event or Failure to Pay Event has occurred.4.5.2 In case the Value Based Allocation is the Applicable Allocation Method, Redelivery Claims for Margin are allocated in accordance with Number 4.4.1. In case the Asset Based Allocation is the Applicable Allocation Method, The Redelivery Claims with respect to Eligible Margin Assets in the form of cash for Margin are allocated in accordance with Number 4.4.21. 4.5.3 Any Redelivery Claim (or any portion of a Redelivery Claim) that is, in accordance with Number 4.4.1 or Number 4.4.2, allocated to a particular Client Transaction Account in accordance with Number 4.4.1, shall be an “Allocated Redelivery Claim”. Any Redelivery Claim (or any portion of a Redelivery Claim) relating to any Eligible Margin Asset allocated to an Internal Omnibus Margin Account that is, in accordance with Number 4.4.2, not allocated to a Client Transaction Account, shall be an “Unallocated Redelivery Claim”. An Unallocated Redelivery Claim does not form part of any master agreement (Rahmenvertrag). 4.6 Redelivery of Margin in the form of cash; Release of Eligible Margin Assets in the form of Securities4.6.1 Subject to the o...
Allocation Algorithm. : The means the mathematical formula based upon statistically validated relationships between client individual characteristics (variables) and the client’s individual’s level of need for services provided through the Waiver as set forth in rule 65G-4.0214, F.A.C., and as provided in section 393.0662(1)(a), F.S.

Examples of Allocation Algorithm in a sentence

The specific Eligible Margin Assets for Margin allocated to the Internal Proprietary Margin Account and the Internal Omnibus Margin Account from time to time are in each case determined by application of the Allocation Algorithm.

If a Termination Date, a Failure to Pay Event or an Insolvency Event occurs, the allocation (by application of the Allocation Algorithm) immediately prior to the Termination Time, the occurrence of such Failure to Pay Event or the occurrence of such Insolvency Event, respectively, shall be decisive.

When the daily Offered Capacity for the Implicit Allocation is not fully allocated for a specific hour by the Implicit Allocation Algorithm (ie.

When the daily Offered Capacity for the Implicit Allocation is not fully allocated for a specific hour by the Implicit Allocation Algorithm (i.e. the IFA is uncongested) in the direction of the curtailed Long Term Transmission Rights then there will be no payment from the Allocation Platform to the Long Term Transmission Rights holder for this specific hour.

Eurex Clearing AG publishes a description of the framework underlying the Allocation Algorithm on its website.


More Definitions of Allocation Algorithm

Allocation Algorithm means a formula to be developed, periodically updated, and managed by Blue Shield as a recommendation to the Agency for the allocation of vaccine to Vaccine Providers.
Allocation Algorithm means a pre-determined and non-discretionary algorithm (as published by Eurex Clearing AG on its website) for the continuous allocation of Eligible Margin Assets in the form of Securities and Redelivery Claims for Margin in the form of Cash (in each case, that have been actually delivered) in accordance with the Applicable Allocation Method. Eurex Clearing AG publishes a description of the framework underlying the Allocation Algorithm on its website. [...]
Allocation Algorithm means a pre-determined and non-discretionary algorithm (as published by Eurex Clearing AG on its website) for the continuous allocation of Eligible Margin Assets in the form of Securities and Redelivery Claims for Margin in the form of Cash (in each case, that have been actually delivered) in accordance with the Applicable Allocation Method. Eurex Clearing AG publishes a description of the framework underlying the Allocation Algorithm on its website. [...] 6.2 Suspension or Restriction of Clearing after the occurrence of a Termination Event or an Insolvency Termination Event[...] 6.2.2 Upon the occurrence of a Termination n Insolvency Termination Event with respect to a Clearing Member, the Clearing of new Own Transactions under the Proprietary Standard Agreement and new Omnibus Transactions under all Omnibus Standard Agreements of such Clearing Member shall automatically be suspended. 6.3 Consequences of a TerminationIf a Termination Date has occurred with respect to a Clearing Member and an ECM Standard Agreement, the following provisions shall apply. 6.3.1 Termination of ECM Transactions and Redelivery Claims[...] For the avoidance of doubt, Unallocated Redelivery Claims shall not so expire. Unallocated Redelivery Claims are subject to Number 7.4 and Subpart C Number 8.4, Number 8.14 and Number 9.4. and shall, subject to Subpart C Number 8.14, become due and payable (fällig) on the Last Valuation Date (as defined in Number 7.3.2 (1) of the General Clearing Provisions).Upon the occurrence of a Termination, Eurex Clearing AG may inform all other Clearing Members, other market participants and/or the public of the Termination with respect to the affected Clearing Member. [...] Part 2 Subpart C: Clearing of Omnibus Transactions[...] 2.2 Client Transaction Accounts GroupsEurex Clearing AG shall, upon the instructions of the Clearing Member (which shall be provided in the form requested by Eurex Clearing AG) allocate each Client Transaction Account to one of the following Client Transaction Accounts Groups:
Allocation Algorithm means and refers to the algorithm used to calculate the TMDL Allocation, as described in Paragraph 78(b) and corresponding footnote 1.