BEST system definition

BEST system means the MSE electronic trading system, i.e. the information technology system which, with the help of an appropriate computer support, enables entrance, modifications, retaining, activating of the retained orders and withdrawal of the trade orders, automatic matching of the trade orders and conclusion of MSE transactions, surveillance over the trade orders and the concluded exchange transactions, as well as information on the trading of the listed securities and registered securities;
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BEST system is defined in Paragraph 6.e.i hereof.
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Examples of BEST system in a sentence

  • Seller shall monitor its SPR using the BEST system at least monthly and take corrective action, as appropriate, to ensure on-time delivery of quality products to Buyer.

  • The delivery payment terms were calculated by adding Seller's average days late, as recorded by ▇▇▇▇▇'s BEST system rounding up to a multiple of 30 days, to the standard 30 day delivery payment term.

  • Seller shall use Buyer’s Annual Representations system in the BEST system.

Related to BEST system

  • UST system or “tank system” means an underground storage tank, connected underground piping, underground ancillary equipment, and containment system, if any.

  • ▇▇▇▇▇ System means the ▇▇▇▇▇ filing system of the Commission and the rules and regulations pertaining thereto promulgated by the Commission in Regulation S-T under the Securities Act and the Exchange Act, in each case as the same may be amended or succeeded from time to time (and without regard to format).

  • relevant system means a computer-based system, and procedures, which enable title to units of a security to be evidenced and transferred without a written instrument pursuant to the CREST Regulations;

  • SDX System means the system used by NERC to exchange system data.

  • Reservation System means the Contributor's Reservation Terminal and Reservation System equipment and software, if any.