Error Trade definition

Error Trade means a Trade in a Cleared Swap executed on or subject to the rules of a SEF that contains an operational or clerical error, including incorrect leg sequencing.

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Error Trade has the meaning given to such term in Clause 1.8(a)(v) of the Digital Token Terms.

Error Trade means a Trade in a Cleared Swap executed on or subject to the rules of a SEF that contains an operational or clerical error.

Examples of Error Trade in a sentence

Notwithstanding the foregoing, any arbitration under the Error Trade Policy between any Person and any Eligible Participant shall be administered by NYMEX under its arbitration policies and procedures.
GCC shall administer the Error Trade Policy in the same manner as it administers CME’s error trade policy as to CME Globex Contracts.
CME shall promptly notify NYMEX of any changes to the Error Trade Policy, provided that such notice may be delivered via any rule change notification service utilized by CME, to which appropriate NYMEX personnel shall subscribe.
ICE reserves the right to adjust or cancel any Transaction that ICE has determined to be “off market” or to have resulted from a trading error in accordance with the “ICE OTC Error Trade Policy” established by ICE and amended from time to time.
The ICE OTC Error Trade Policy, as amended, is posted at ▇▇▇▇▇://▇▇▇.▇▇▇▇▇▇.▇▇▇.
Specifically, GCC will (i) respond to inquiries concerning the status of orders or executed transactions, (ii) cancel an existing, unexecuted order if the user is unable to do so, (iii) respond to inquiries and requests concerning error trades in accordance with CME’s Error Trade Policy and, with respect to the NYMEX Globex Contracts, NYMEX’s error trade policy, and (iv) respond to other inquiries concerning Globex system problems.

More Definitions of Error Trade

Error Trade means a Trade transacted in error. “Exchange For Physical” means a transaction where:

Error Trade means a Trade transacted in error.

Error Trade means any Repo Transaction determined to be “inconsistent” in accordance with paragraph

Error Trade means a trade which the MTF believes to be erroneous, invalid, or which may impair the integrity of the MTF.

Error Trade means a Transaction that was executed in error or that contains an error in the Transaction terms.

Error Trade means any Transaction determined to be “inconsistent” in accordance with paragraph 3 of this Policy.