Examples of Market Cap in a sentence
Market Cap Securities Exception: Pre-clearance requests in a security with a market capitalization of $5 billion or more would in most cases except where another conflict occurs such as frontrunning violation, not be subject to the blackout period restrictions and the restriction on actively traded securities because management determined that transactions in these types of companies do not present any conflict of interest as long as the requestor is not associated with the conflicting fund or account.
All the relevant percentage ratios are found to be inapplicable or produce anomalous results except for the Market Cap Test.
Pursuant to Rule 10.03(8) of the ACE LR, if XY Bhd pays for the land in cash, the Market Cap Test will not be applicable.
However, if the payment for the land is settled by issuance of XY Bhd’s new listed shares (partly or wholly) and the percentage ratio of the same pursuant to the Market Cap Test is 5% or more, XY Bhd will be required to comply with the relevant provisions of Part D, Chapter 10 of the ACE LR.
In addition, Parent Index Full Market Cap Adjustment Factor (FMCAF) = 0, when Counterpart Security is not in Parent Index.