Exchange market maker definition

Exchange market maker means any member of a national securities ex- change that is registered as a specialist or market maker pursuant to the rules of such exchange.
Sample 1Sample 2Sample 3
Exchange market maker meansany member of a national securities exchange that is registered as a specialist or market maker pursuant to the rules of such exchange.
Sample 1Sample 2

Examples of Exchange market maker in a sentence

  • Uniform standards for regulatory and other access issues, such as admission to membership and conditions to becoming an Exchange market maker, shall be promulgated and applied on a consistent basis, and the Company shall institute safeguards to ensure fair and evenhanded access to all of its services and facilities.

  • Any Member that is accepted into the Exchange market maker or incentive program shall be subject to Exchange Rules.

  • As stated in the Phlx fee schedule, the term ECN shall mean any electronic system that widely disseminates to third parties orders entered therein by an Exchange market maker or over-the-counter (‘‘OTC’’) market maker, and permits such orders to be executed against in whole or in part.

  • Previously, Paul was a partner at United Financial Group, a brokerage and London Stock Exchange market maker for a leading Russian investment bank.

  • Moreover, any Exchange member may elect to take the steps necessary to become an Exchange market maker and therefore become eligible for the program if they choose.

  • Electronic Access Members shall not cause the entry of orders for the account of an Exchange market maker that is exempt from the provisions of Regulation T of the Board of Governors of the Federal Reserve System pursuant to Section 7(c)(2) of the Exchange Act unless such orders are identified as orders for the account of an Exchange market maker in the manner prescribed by the Exchange.

  • The Exchange market maker category includes Specialists ( see Rule 1020) and ROTs (Rule 1014(b)(i) and (ii), which includes SQTs (see Rule 1014(b)(ii)(A)) and RSQTs (see Rule 1014(b)(ii)(B)).

  • Exchange participants holding this subscription are granted benefits from Exchange market maker incentive programs.

  • The Floor Broker must note on the Options Floor [Broker]Based Management System any opening off-floor order to be cleared into an Exchange market maker account, as indicated by a ROT seeking market maker margin treatment for such order pursuant to Rule 1014, Commentary .01 and Advice B-4, and comply with the requirements of Advice B-12 respecting multiply traded options.

  • Stock Exchange market maker- Derivatives: where a brokerage house or bank carrying out brokerage activities buys and sells securities on their own account in order to carry out duties relating to the organisation of the regulated Stock Exchange market.Direct participants may hold the status of settlement and non-settlement participants, which is related to the settlement guarantee system.

Related to Exchange market maker

  • Market Maker means a broker or dealer permitted by the SEHK to act as such by making a market for the Units in the secondary market on the SEHK.

  • Reference Market-makers means four leading dealers in the relevant market selected by the party determining a Market Quotation in good faith (a) from among dealers of the highest credit standing which satisfy all the criteria that such party applies generally at the time in deciding whether to offer or to make an extension of credit and (b) to the extent practicable, from among such dealers having an office in the same city.

  • Reference Market-Maker means a leading dealer in the relevant market that is selected in a commercially reasonable manner and is not an affiliate of either party.

  • Market Making means the continuous tender of two-way quotes by a Market Maker i.e. Bid Price and Offer Price for the purchase and sale of the equity securities of GC;

  • Relevant Stock Exchange for the Fund means the primary exchange or quotation system on which shares (or other applicable securities) of the Fund are traded, as determined by the Calculation Agent.

  • Stock Market means a market, or other place at which, or a facility by means of which—

  • NASDAQ means The Nasdaq Stock Market, Inc.

  • National Securities Exchange means an exchange registered with the Commission under Section 6(a) of the Exchange Act or any successor thereto.

  • Principal Market means the Nasdaq National Market, the Nasdaq SmallCap Market, the American Stock Exchange, the OTC Bulletin Board or the New York Stock Exchange, whichever is at the time the principal trading exchange or market for the Common Stock.

  • External Market Buyer means a Market Buyer making purchases of energy from the PJM Interchange Energy Market for consumption by end-users outside the PJM Region, or for load in the PJM Region that is not served by Network Transmission Service.

  • NYSE means the New York Stock Exchange.

  • Eligible Market means The New York Stock Exchange, the NYSE Amex, the Nasdaq Global Select Market, the Nasdaq Global Market, the Nasdaq Capital Market or the Principal Market.

  • NASD means the National Association of Securities Dealers, Inc.

  • Portal Market means The Portal Market operated by the National Association of Securities Dealers, Inc. or any successor thereto.

  • the London Stock Exchange means London Stock Exchange plc;

  • London Stock Exchange means London Stock Exchange plc;

  • Nasdaq National Market means the National Association of Securities Dealers Automated Quotation National Market or any successor national securities exchange or automated over-the-counter trading market in the United States.

  • Internal Market Buyer means a Market Buyer making purchases of energy from the PJM Interchange Energy Market for ultimate consumption by end-users inside the PJM Region that are served by Network Transmission Service.

  • Nasdaq Stock Market means The Nasdaq Stock Market, Inc.

  • Stock Exchanges means BSE Limited and National Stock Exchange of India Limited;

  • Quotation means the Bidder’s response made on the Quotation form set out on Part E of this RFQ with all appendices or addenda submitted by the Bidder in response to the RFQ;

  • Approved Stock Exchange means the New York Stock Exchange, NASDAQ or such other stock exchange in the United States of America, the United Kingdom or Hong Kong as is approved in writing by the Facility Agent or, in each case, any successor thereto.

  • Trading Market means any of the following markets or exchanges on which the Common Stock is listed or quoted for trading on the date in question: the NYSE American, the Nasdaq Capital Market, the Nasdaq Global Market, the Nasdaq Global Select Market or the New York Stock Exchange (or any successors to any of the foregoing).

  • Irish Stock Exchange means the Irish Stock Exchange Limited.

  • Stock Exchange The Stock Exchange of Hong Kong Limited

  • OTC means Over-the-Counter.