auction trade definition

auction trade means a transaction matched automatically in the JSE equities trading system resulting from an uncrossing at the end of an auction call session[during auction matching];
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auction trade means a transaction matched automatically in the JSE equities trading system during auction matching; "authorised user" has the same meaning as that contained in section 1 of the Act;
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Related to auction trade

  • Auction shall have the meaning specified in Section 2.1 hereof.

  • public auction means a method of sale where goods or services are offered by the trader to consumers, who attend or are given the possibility to attend the auction in person, through a transparent, competitive bidding procedure run by an auctioneer and where the successful bidder is bound to purchase the goods or services;

  • Dutch Auction means an auction (an “Auction”) conducted by Holdings or one of its Subsidiaries in order to purchase any Term Loans under a Tranche (the “Purchase”) in accordance with the following procedures or such other procedures as may be agreed to between the Administrative Agent and the Borrower:

  • Subscription Trade Date means, subject to Condition 9.2, a Valuation Date on which a Subscription Order is determined to be valid and accepted by or on behalf of the Issuer in accordance with the terms of the LS Operating Procedures Agreement.

  • Wholesale auction means an auction of motor vehicles restricted to sales at wholesale.