FCM/BD definition
FCM/BD means a Person registered as a futures commission merchant with the
FCM/BD means a Person registered as a futures commission merchant with the CFTC and/or as a broker-dealer with the SEC, as applicable;
FCM/BD means a Person registered as a futures commission merchant with the CFTC and/or as a broker-dealer with the SEC, as applicable; “FCM/BD Clearing Member” means a Clearing Member that is an FCM/BD; "Financials and Softs Contract" means Securities Contracts, Soft Commodity Contracts, Interest Rate Contracts and Swapnote® Contracts; "Financials and Softs Trading Privilege" means the status for which a Member or applicant for membership may apply in accordance with Section B, which is a condition to the availability of the permissions described in Rule B.6 in relation to a Financials and Softs Contract; “front end application” means a graphical user interface developed by a Member, or provided by an ISV to a Member, or the graphical user interface provided to a Member by the Exchange as part of the ICE Platform. A front end application must at all times meet the Exchange conformance criteria; "Futures Contract" a Contract whereby one Member purchases or sells any product for delivery in the future to another Member: (i) at a price that is determined at the initiation of the contract; (ii) that obligates each party to the contract to fulfil the contract at the specified price; (iii) that is used to assume or shift price risk; and (iv) that may be satisfied by delivery, cash settlement or offset, including for the avoidance of doubt, any "future" under article 84 of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 or any similar Contract of a shorter duration or for commercial purposes; “General Participant” a Member of the category mentioned in Rule B.2.1(a); “graphical user interface” means the software which interfaces with the ICE Platform API and both determines the requirement for sending, and sends, order handling messages to the Trading Server without necessarily requiring the intervention of an individual; "Grainstorekeeper" means a grainstorekeeper who appears on the list of Registered Grainstorekeepers published from time to time by the Exchange by notice posted on the Market; "Guaranteed Cross method" the meaning set out in Rule G.6A.2A(ii); “ICE Block Member” means an entity or individual which has been admitted to a category of membership for the purpose of (i) accessing the ICE Block facility to enter Block Trades and EFMs, EFPs, EFSs, Basis Trades and/or Soft Commodity EFRPs (as the case may be), and/or (ii) accessing the ICE Platform for the purpose of entering Cross Trades, for own business purposes or on behalf of M...