CTCV definition

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CTCV has the meaning set forth in the Preamble.

CTCV. ) (as the denominator). CTCV means Customer Total Consolidated Volume calculated as the total national volume cleared at The Options Clearing Corporation (“OCC”) in the Customer range in those classes listed on MIAX Emerald for the month for which fees apply, excluding volume cleared at the OCC in the Customer range executed during the period of time in which the Exchange experiences an “Exchange System Disruption”7 (solely in the option classes of the affected Matching Engine)8. In addition, the per contract transaction rebates and fees shall be applied retroactively to all eligible volume once the Tier has been reached by the Member. Members that place resting liquidity, i.e., orders on the MIAX Emerald System, will be assessed the specified “maker” rebate or fee (each a “Maker”) and Members that execute against resting liquidity will be assessed the specified “taker” fee or rebate (each a “Taker”). 9 Members are also assessed lower transaction fees and smaller rebates for order executions in

Examples of CTCV in a sentence

Bastion, BCF, BV Holdings, BV Capital, CTC, CTCV, CTHB, Liberty, SPE and the Company wish to amend the Contribution Agreement by this Amendment to reflect the SPE Mundo Contribution (as defined below).
When any representation or warranty in Article 5 is made to the knowledge of Council Tree, such term shall mean only to the actual knowledge of the Chief Executive Officer, Chief Operating Officer and Chief Financial Officer of CTHB or to the extent such officers do not exist, a comparable officer of CTHB (after such officer has made an inquiry of the employees of CTHB, CTC and CTCV who would reasonably be expected to have knowledge of such matters to which such representation relates).
In the event the investigation by BV Capital, Liberty or SPE of the Contributed Station shall have revealed any Encumbrances that in the commercially reasonable judgment of BV Capital, Liberty or SPE, should not be included in the Contributed Station, such Encumbrances shall be retained by CTCV or another Council Tree Entity and shall not be assumed by the Company.
Bastion, BCF, BV Holdings, CTC, CTCV, CTHB, Liberty, SPE and the Company are parties to that certain Contribution Agreement dated as of August 22, 2000 (the "Contribution Agreement").

More Definitions of CTCV

CTCV. ’ means Customer Total Consolidated Volume calculated as the total national volume cleared at The Options Clearing Corporation in the Customer range in those classes listed on MIAX Emerald for the month for which fees apply, excluding volume cleared at the Options Clearing Corporation in the Customer range executed during the period of time in which the Exchange experiences an Exchange System Disruption (solely in the option classes of the affected Matching Engine). See the Definitions Section of the MIAX Emerald Fee Schedule. The term ‘‘Exchange System Disruption’’ means an outage of a Matching Engine or collective Matching Engines for a period of two consecutive hour or more, during trading hours. See id. A ‘‘Matching Engine’’ is a part of the MIAX Emerald electronic system that processes options orders and trades on a symbol-by-symbol basis.

CTCV means Customer Total Consolidated Volume calculated as the total national volume cleared at The Options Clearing Corporation in the Customer range in those classes listed on MIAX Emerald for the month for which fees apply, excluding volume cleared at the Options Clearing Corporation in the Customer range executed during the period of time in which the Exchange experiences an Exchange System Disruption (solely in the option classes of the affected Matching Engine). See the Definitions Section of the MIAX Emerald Fee Schedule. The term “Exchange System Disruption” means an outage of a Matching Engine or collective Matching Engines for a period of two consecutive hour or more, during trading hours. See id. A “Matching Engine” is a part of the MIAX Emerald electronic system that processes options orders and trades on a symbol-by-symbol basis. Some Matching Engines will process option classes with multiple root symbols, and other Matching Engines may be dedicated to one single option root symbol (for example, options on SPY may be processed by one single Matching Engine that is dedicated only to SPY). A particular root symbol may only be assigned to a single designated Matching Engine. A particular root symbol may not be assigned to multiple Matching Engines. Id.