Authorised Participants definition

Authorised Participants means the Member of the National Stock Exchange or any other recognized stock exchange or any other person who is appointed by the AMC to act as Authorised Participant on entering into a participant agreement with the AMC.
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Authorised Participants means each entity appointed as an authorised participant under the Programme or any other person or persons identified as such in the relevant Final Terms and being a person who:
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Authorised Participants. / “Market Maker” means the Member of the National Stock Exchange or any other recognized stock exchange or any other person and who is appointed by the AMC to act as Authorised Participant / Market Maker on entering into a participant agreement with the AMC;
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Examples of Authorised Participants in a sentence

  • These trading activities may present a conflict between the holders of the ETP Securities and the interests the Authorised Participants and their respective affiliates may have in their proprietary accounts, in facilitating transactions, including options and other derivatives transactions, for their customers and in accounts under their management.

  • The Authorised Participants and their respective affiliates may also issue or underwrite additional securities or trade other products the return on which is linked to the value of an Index or Investment Strategy linked to a Series of ETP Securities or other similar strategies.

  • Material Conflicts of InterestThe Authorised Participants and/or their respective affiliates may be active traders in certain markets.

  • Only Authorised Participants dealing directly with the Fund may switch shares between share classes of the Fund subject to meeting certain conditions in the Fund's prospectus.

  • Through the operation of such a secondary market, persons who are not Authorised Participants will be able to buy Shares from or sell Shares to other secondary market investors or market makers, broker/dealers, or other Authorised Participants.

  • Market-making by Authorised Participants: Investors are dependent on there being one or more Authorised Participants making a market in ETP Securities in order to provide investors with liquidity.

  • If there are no Authorised Participants, or the Authorised Participant(s) fail to effectively make a market in the ETP Securities of a Series, the investors may not be able to sell any such ETP Securities within a short time period, or at a price close to the ETP Security Value for that Series.

  • The Authorised Participants and/or their respective affiliates may be active traders in certain markets.

  • Through such Authorised Participants being able to subscribe for or redeem Shares, a liquid and efficient secondary market may develop over time on one or more Relevant Stock Exchanges as they meet secondary market demand for such Shares.

  • The Authorised Participants are likely to hold ETC Securities in inventory.

Related to Authorised Participants

  • CDS Participants means a broker, dealer, bank or other financial institution or other person for whom CDS effects book-entry transfers and pledges of Deposit Notes under the Book-Entry System.

  • authorised person means any person who is designated in writing by the Issuer from time to time to give Instructions to the Agents under the terms of this Agreement;

  • authorised party means the party referred to in Article XIII(3);

  • Authorised Representative means any natural or legal person established within the Union who has received a written mandate from a manufacturer to act on his behalf in relation to specified tasks;

  • Participating employee means an employee whose election to participate in a Plan has been approved by the employer.