Carrying Broker definition

Carrying Broker means the Dealer Member or member of a self-regulatory organization that is a participating institution in the Canadian Investor Protection Fund that carries client accounts, which at a minimum includes the clearing and settlement of trades, the maintenance of books and records of client transactions and the custody of some or all client funds and securities;
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Carrying Broker means a Dealer Member that carries client accounts for another Dealer Member, which includes the clearing and settlement of trades, the maintenance of records of client transactions and accounts and the custody of client cash and securities, in accordance with the requirements set out in this Rule;
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Examples of Carrying Broker in a sentence

  • Sponsor and Carrying Broker, in their sole discretion, may reject any Entrant’s application for any reason and return it together with all funds submitted.

  • The Entrant represents that he or she and his or her Account Manager (if applicable) are of legal age in the states in which they reside and that neither of them nor any member of their household nor any of their partners or shareholders is related to principals or employees of the Sponsor, Authorized Broker or Carrying Broker.

  • The same Account Application may be used to establish multiple accounts at a Carrying Broker.

  • All trading shall be conducted in accordance with a separately executed Customer Agreement at an authorized Carrying Broker.

  • Entrant agrees to indemnify Sponsor, Carrying Broker and Authorized Broker and hold them harmless from and against any and all liabilities, losses, damages, costs and expenses, including attorney’s fees, incurred by any of them resulting from: misrepresentations, breach of any provision of this agreement, the trading in Entrant’s account(s), or legal action brought by Entrant and adjudicated in favor of Sponsor, Carrying Broker and Authorized Broker.

  • A customer (including cases where the customer of the Executing Broker and the customer of the Carrying Broker are different; the same shall apply only to this article) may cancel the give-up as prescribed in the Market Rules subject to the approval of the Executing Broker and the Carrying Broker as well as the Exchange.

  • Entrant agrees to deposit a minimum of $10,000 US, per entry, in a futures trading account satisfactory to Carrying Broker.

  • Notwithstanding the provisions of previous Article, in the case where an Executing Member intends to give-up the trades arising from the execution of proprietary transactions to the Carrying Broker or a Carrying Member intends to take-up the trades arising from the execution of transactions consigned to an Executing Broker to said Carrying Member’s proprietary transaction, such give-up transaction shall be effective, if a Take-up Notification of the Carrying Broker or Carrying Member has been granted.

  • In this case, trades arising from said give-up shall be deemed to be trades arising from transactions consigned by the Executing Member to the Carrying Broker.

  • An Executing Member intending to consign transactions pertaining to give-up shall place or deposit Clearing Margins with the Carrying Broker.

Related to Carrying Broker

  • Introducing Broker means any financial institution or advisor or legal or natural person obtaining remuneration from the Company and/or Clients for introducing Clients/interested parties to the Company.

  • Associate broker means a licensed broker who is employed by

  • Seller’s Broker means CB Xxxxxxx Xxxxx.

  • Participating Broker- Dealer: See Section 2(b) hereof. Person: An individual, trustee, corporation, partnership, limited liability company, joint stock company, trust, unincorporated association, union, business association, firm or other legal entity. Private Exchange: See Section 2(b) hereof.

  • Principal broker means a broker who is either a real estate proprietor, a partner in a real estate partnership, or an officer in a real estate corporation.

  • Prime Broker means a Person that acts as credit counterparty for transactions executed on the SEF in the name and on behalf of such Person by its client or an agent of its client that is a BSEF Participant and that has authorized a Participant to send RFQs, place Orders or enter into Trades in the name and on behalf of such Person.

  • Data Broker means either of the following:

  • Tenant’s Broker means the individual or corporate broker identified on the Basic Lease Information sheet as the broker for Tenant.

  • Designated Broker means the financial services firm or other agent designated by the Company to maintain ESPP Share Accounts on behalf of Participants who have purchased shares of Common Stock under the Plan.

  • Loan broker means any person who, for compensation or gain, or in the expectation

  • Sponsoring Broker means a Participant other than a DMA Customer that allows its designated Customers to access the SEF Platform using the Participant ID of the Participant and (i) with respect to Cleared Swaps, is a Clearing Member; and (ii) with respect to Non-Cleared Swaps, is (x) an FCM or Introducing Broker; or (y) non-U.S. Person acting in a similar capacity that is not required to register as an FCM or Introducing Broker under the Act and that is appropriately licensed in a jurisdiction where its DMA Customer is located.

  • Authorized Broker means those Brokers which are authorized to deal in Government Securities.

  • Approved Broker means Arrow, Xxxxx Xxxxxxxx Sales, Clarksons, Xxxx Xxxxxxxx, SSY Valuation Services, Maersk Brokers, XX Xxxxxx Shipbrokers and Fearnleys (or such subsidiary or other company in the same corporate group through which valuations are commonly issued) and, in the plural, means all of them;

  • Landlord’s Broker means the individual or corporate broker identified on the Basic Lease Information sheet as the broker for Landlord.

  • Mortgage broker means any person who for compensation or

  • Funding and Brokerage Fees means, in respect of a Series, all applicable fees other than the Arranger Fees, including, but not limited to, margin interest, securities lending fees, brokerage fees and costs of transaction taxes on the sale or purchase of Reference Assets (where relevant).

  • Insurance broker means an insurance brokerage firm,

  • Real estate broker means an individual or business entity that, with intent to collect or receive a fee, compensation, or valuable consideration, sells or offers for sale, buys or offers to buy, provides or offers to provide market analyses of, lists or offers or attempts to list, or negotiates the purchase, sale, or exchange of real estate; that negotiates the mortgage of real estate; that negotiates for the construction of a building on real estate; that leases or offers or rents or offers for rent real estate or the improvements on the real estate for others, as a whole or partial vocation; that engages in property management as a whole or partial vocation; that sells or offers for sale, buys or offers to buy, leases or offers to lease, or negotiates the purchase or sale or exchange of a business, business opportunity, or the goodwill of an existing business for others; or that, as owner or otherwise, engages in the sale of real estate as a principal vocation.

  • Commodity Broker means any person who engages in the business of effecting transactions in Commodity Contracts for the account of others or for his or her own account.

  • Customs Broker means that individual, partnership, entity or corporation licensed by the Canada Border Services Agency, or other authorized body, to engage in the business of a customs broker and who is named as the Customs Broker in the Agency Agreement and Power of Attorney.

  • Real estate brokerage activity means any activity that involves offering or providing real estate brokerage services to the public, including:

  • Finder means a person who, for consideration, participates in the offer to sell, sale, or purchase of securities by locating, introducing, or referring potential purchasers or sellers. Finder does not include a person whose actions are solely incidental to a transaction exempt pursuant to section 202(1)(r). The administrator may by rule or order exclude other persons from this definition.

  • Approved Brokers means such firm of insurance brokers, appointed by the Charterer during the Charter Period, as may from time to time be approved in writing by the Mortgagee for the purposes of this Deed;

  • Escrow Holder means the bank or trust company designated as such pursuant to Section 9 hereof.

  • Broker investment adviser," "net assets," "sale," "sell" and "security" shall have the same meanings as such terms have in the 1940 Act, subject to such exemption as may be granted by the SEC by any rule, regulation or order. Where the effect of a requirement of the federal securities laws reflected in any provision of this Agreement is made less restrictive by a rule, regulation or order of the SEC, whether of special or general application, such provision shall be deemed to incorporate the effect of such rule, regulation or order. This Agreement may be signed in counterpart.

  • REAL ESTATE BROKERS The following real estate brokers (collectively, the "Brokers") and brokerage relationships exist in this transaction and are consented to by the Parties (check applicable boxes): Xxxxxx Xxxx, Inc. represents [_] Lessor exclusively ("Lessor's Broker"); |X| both Lessor and Lessee, and _____________________________________________________________________ represents [_] Lessee exclusively ("Lessee's Broker"); |_| both Lessee and Lessor. (See Paragraph 15 for further provisions.)