Cross Trade definition
Examples of Cross Trade in a sentence
Capitalized terms appearing in ancillary documents such as the Authorization to Transfer Funds, Cross Trade Consent, Arbitration Agreement, Partnership Account Authorization, Certified Customer Resolutions, Hedge Account Agreement or Limited Power of Attorney, shall have the meanings ascribed herein.
State Street, subject to its duties of best execution and compliance with PTE 86-128, may place equity or fixed income securities orders, (other than those executed pursuant to a Cross Trade), as described herein, that are executed on behalf of a Fund through its affiliated broker dealers ("Affiliated Brokers"), including State Street Global Markets, LLC.
By checking the boxes below, Customer acknowledges the following [please check all boxes]: ☒ Customer acknowledges that this Agreement contains Transfer of Funds and Cross Trade, Block and Pre-Execution Discussion Consent provisions.
This Step of Level M5 requires that the Cross Trade Master Maintainer be listed as the Master of Record by a regulatory agency.
State Street, subject to its duties of best execution and compliance with PTE 86-128, may place equity or fixed income securities orders, (other than those executed pursuant to a Cross Trade), as described herein, that are executed on behalf of a Fund through its affiliated broker dealers (“Affiliated Brokers”), including State Street Global Markets, LLC.
UBS Investment Management has also adopted a Fairness Policy (see following) to apply in all situations where a securities demand exceeds its supply as well a Cross Trade policy (see following) that articulates the very narrow preconditions that must be met before a cross trade can be effected between client accounts.
Cross Trade Consent - The Customer hereby acknowledges and agrees that a situation may arise whereby an officer, affiliate, associate, employee, bank, bank employee or dealer associated with FXDD may be the opposing principal broker for a trade entered for the Customer’s Account.
State Street, subject to duties of best execution, may place equity or fixed income securities orders, (other than those executed pursuant to a Cross Trade), as described herein, that are executed on behalf of a Fund through its affiliated broker dealers ("Affiliated Brokers"), including State Street Global Advisors Funds Distributors, LLC for execution.
To be eligible for Level M5 – Cross Trade Master Maintainer, an employee must meet the requirements of Level M3 – Section A and/or Level M4 in multiple trades.
The Investing Fiduciary hereby authorizes State Street, subject to duties of best execution, to place equity or fixed income securities orders, (other than those executed pursuant to a Cross Trade), as described herein, that are executed on behalf of a Fund through its affiliated broker dealers (“Affiliated Brokers”), including State Street Global Markets, LLC and State Street Global Markets International Limited.