Direct Edge definition
Examples of Direct Edge in a sentence
The Pro Forma Financial Statements have been prepared by the Borrower in good faith based on the historical consolidated financial statements of BATS and Direct Edge at such date and for such period.
Such financial statements fairly present the financial condition and results of operations and cash flows of, in the case of the financial statements referred to in clauses (i) and (ii) above, BATS and its consolidated Subsidiaries, and in the case of the financial statements referred to in clauses (iii) and (iv) above, Direct Edge and its consolidated Subsidiaries, in each case as of such dates and for such periods.
Such statements of financial condition and the notes thereto disclose all material liabilities, direct or contingent, of, in the case of the financial statements referred to in clauses (i) and (ii) above, BATS and its consolidated Subsidiaries, and in the case of the financial statements referred to in clauses (iii) and (iv) above, Direct Edge and its consolidated Subsidiaries, in each case as of the dates thereof.
Following the consummation of the Merger, Direct Edge and BATS each became a direct Wholly Owned Subsidiary of the Borrower.
During the period from December 31, 2006 to and including the date hereof there has been no Disposition other than (i) the sale to Citadel Derivatives Group LLC of certain limited liability company membership interests in Direct Edge Holdings LLC and the Direct Edge Partial Equity Sale or (ii) in the ordinary course of business by any Group Member of any material part of its business or property.
The restricted list includes any of Nasdaq OMX, CME Group, Inc., BM&F Bovespa, London Stock Exchange Group Plc, Singapore Exchange Limited, Hong Kong Stock Exchange, Deutsche Börse Group, BATS Global Markets, Inc., Direct Edge, or Chi-X Global Holdings LLC; any person that acquires all or substantially all of the business of any of these entities; any person that at the time of the assignment or licence operates a registered swap execution facility; and any affiliate of any such persons.
The other financial information included in the Time of Sale Prospectus, the Prospectus and the Registration Statement has been derived from the respective accounting records of the Company and its consolidated subsidiaries, Direct Edge and its consolidated subsidiaries and Hotspot, as applicable, and present fairly, in all material respects, the information shown thereby.
Such financial statements fairly present the financial condition and results of operations and cash flows of, in the case of the financial statements referred to in clauses (i) and (ii) above, BATS and its consolidated Subsidiaries, and in the case of the financial statements referred to in clauses (iii) and (iv) above, Direct Edge and its consolidated Subsidiaries, in each case the Borrower and its consolidated Subsidiaries as of such dates and for such periods.
Secretary of State of Delaware Direct Edge Holdings LLC Secretary of State of Delaware Direct Edge, Inc.
Such statements of financial condition and the notes thereto disclose all material liabilities, direct or contingent, of, in the case of the financial statements referred to in clauses (i) and (ii) above, BATS and its consolidated Subsidiaries, and in the case of the financial statements referred to in clauses (iii) and (iv) above, Direct Edge and its consolidated Subsidiaries, in each case the Borrower and its consolidated Subsidiaries as of the dates thereof.