Examples of Closing Transaction in a sentence
To this end, a Broker which operates a Client Account shall inform the Exchange as soon as practicable following the Registration of a Contract in such Account as to whether the Contract in question represents an Opening Transaction or a Closing Transaction and of the effect that such Registration will have on the open interest on the Account (the “required information”).
Where both the Opening Transaction and the Closing Transaction are Registered on the same day, cash Settlement between the Designated Clearing House and the Member Firm shall be affected by reference to the difference between the Future Price for the two transactions.
Where both the Opening Transaction and the Closing Transaction are Registered on the same day, cash Settlement between the Designated Clearing House and the Member Firm shall be effected by reference to the difference between the Future Price for the two transactions.
Closing, Transaction and Loan Information sections have been completed with accurate information.
For so long as Preferred Shares are rated by S&P, the Corporation will engage in a Closing Transaction to close out any outstanding futures contract or option thereon in the month prior to the delivery month under the terms of such futures contract or option thereon unless the Corporation holds securities deliverable under such terms.