De Minimis Trading definition

De Minimis Trading means the number of any relevant Option, Futures or any other contract relating to the Underlying Index traded on any Related Exchange on any relevant trading day is materially reduced or the liquidity in any relevant Option, Futures or any other contract relating to the Underlying Index is otherwise reduced for any reason.
De Minimis Trading means the number of contracts traded with respect to the Underlying FX Rate is such that the Issuer declares that its ability to enter into hedging transactions with respect to the Underlying FX Rate has been impaired due to a lack of, or a material reduction in, trading in the Underlying FX Rate.
De Minimis Trading means the number of contracts traded on the Exchange with respect to the Commodity is such that the Issuer declares that its ability to enter into hedging transactions with respect to the Commodity has been impaired due to a lack of, or a material reduction in, trading in the Commodity on the Exchange.

Examples of De Minimis Trading in a sentence

  • Each of the following events shall constitute a Market Disruption Event hereunder: Price Source Disruption Trading Suspension Disappearance of Commodity Reference Price Material Change in Formula Material Change in Content De Minimis Trading (provided that the Confirmation specifies a Minimum Futures Contract amount) In addition, a “Limit Move,” as defined herein, shall also constitute a Market Disruption Event when a Commodity Reference Price is based on a NYMEX futures contract.


More Definitions of De Minimis Trading

De Minimis Trading means that the number of contracts traded on the relevant Exchange on the day that would otherwise be a Pricing Date is fewer than the Minimum Futures Contracts.
De Minimis Trading means the number of any relevant Options or any other options contract relating to the Underlying Index traded on the Related Exchange on any relevant trading day is materially reduced or the liquidity in any relevant Option or any other options contract relating to the Underlying Index is otherwise reduced for any reason.
De Minimis Trading. If the parties have agreed a “Minimum Num- ber of Contracts Traded” in the Terms of the Transaction, the number of contracts traded on the Exchange on a Pricing Date is fewer than the “Minimum Number of Contracts Traded”.

Related to De Minimis Trading

  • De Minimis Transaction means a transaction in an equity security (or an equivalent security) which is equal to or less than 300 shares, or is a fixed-income security (or an equivalent security) which is equal to or less than $15,000 principal amount. Purchases and sales, as the case may be, in the same security or an equivalent security within 30 days will be aggregated for purposes of determining if the transaction meets the definition of a De Minimis Transaction.

  • De minimis means an amount small enough as to make not accounting for it commercially reasonable or accounting for it administratively impractical, in each case as determined by the Managing Member.

  • de minimis amount means no more than 5 percent of the total power flows in both directions, calculated in accordance with the “5 percent test” set forth in IRS Notice 88-129. This is not intended to be an exclusive list of the relevant conditions that must be met to conform to IRS requirements for non-taxable treatment. At Connecting Transmission Owner’s request, Developer shall provide Connecting Transmission Owner with a report from an independent engineer confirming its representation in clause (iii), above. Connecting Transmission Owner represents and covenants that the cost of the Connecting Transmission Owner’s Attachment Facilities paid for by Developer will have no net effect on the base upon which rates are determined.

  • De Minimis Claim has the meaning set forth in Section 7.4(a).

  • Mis-procurement means public procurement in contravention of any provision of Sindh Public Procurement Act, 2010, any rule, regulation, order or instruction made thereunder or any other law in respect thereof, or relating to, public procurement;

  • Margin Trading means Leverage trading when the Client may make Transactions having far less funds on the Trading Account in comparison with the Transaction Size.

  • Violent felony means any offense that, if committed by an adult, would constitute a felony and:

  • Significant business transaction means any business transaction or series of transactions that, during any one fiscal year, exceeds the lesser of $25,000 or 5 percent of the total operating expense of a provider.

  • Transit-oriented development means infrastructure improvements that are located within 1/2 mile of a transit station or transit-oriented facility that promotes transit ridership or passenger rail use as determined by the board and approved by the municipality in which it is located.

  • Public procurement unit means either a local public procurement unit or a state public procurement unit.

  • Public Procurement means the acquisition by any means of goods, works or services by the government;

  • Small disadvantaged business concern means a small business concern that represents, as part of its offer that—

  • business waste means waste that emanates from premises that are used wholly or mainly for commercial, retail, wholesale, entertainment or government administration purposes, which include:

  • Consumer-goods transaction means a consumer transaction in which:

  • FIRM PROCUREMENT means the agreement between the parties for mutually agreed terms and conditions with commitment of Quantity Ordered.

  • Economy Transportation means the lowest published available transportation rate for a ticket on a Common Carrier matching the original class of transportation that You purchased for Your Trip.

  • Principal Trading Market means the Trading Market on which the Common Stock is primarily listed on and quoted for trading, which, as of the date of this Agreement and the Closing Date, shall be the NASDAQ Global Market.

  • Violent juvenile felony means any of the delinquent acts enumerated in subsection B or C of

  • Intimidating, threatening, abusive, or harming conduct means, but is not limited to, conduct that does the following:

  • Emerging Market means each market so identified on Appendix A attached hereto.

  • Small Diversity business concern means a small business concern that is at least fifty-one (51) percent unconditionally owned by one or more individuals who are both socially and economically diverse, or a publicly owned business that has at least fifty-one (51) percent of its stock unconditionally owned by one or more socially and economically diverse individuals and that has its management and daily business controlled by one or more such individuals. This term also means a small business concern that is at least fifty-one (51) percent unconditionally owned by an economically diverse Indian tribe or Native Hawaiian Organization, or a publicly owned business that has at least fifty-one (51) percent of its stock unconditionally owned by one of these entities, that has its management and daily business controlled by members of an economically diverse Indian tribe or Native Hawaiian organization.

  • Women-owned business concern means a concern which is at least 51 percent owned by one or more women; or in the case of any publicly owned business, at least 51 percent of its stock is owned by one or more women; and whose management and daily business operations are controlled by one or more women.

  • organised trading facility or ‘OTF’ means a multilateral system which is not a regulated market or an MTF and in which multiple third-party buying and selling interests in bonds, structured finance products, emission allowances or derivatives are able to interact in the system in a way that results in a contract in accordance with Title II of this Directive;

  • Historically Disadvantaged Individual (HDI) means a South African citizen -

  • Victim of domestic violence means a person protected under this act and shall include any person who is 18 years of age or older or who is an emancipated minor and who has been subjected to domestic violence by a spouse, former spouse, or any other person who is a present or former household member. "Victim of domestic violence" also includes any person, regardless of age, who has been subjected to domestic violence by a person with whom the victim has a child in common, or with whom the victim anticipates having a child in common, if one of the parties is pregnant. "Victim of domestic violence" also includes any person who has been subjected to domestic violence by a person with whom the victim has had a dating relationship.