Market Entry Testing definition
Examples of Market Entry Testing in a sentence
In the event any Application which has passed the Market Entry Testing process is modified, Licensee must (a) notify the CBOT, and (b) if the CBOT determines such modification may cause the Application not to conform to the Market Entry Testing criteria or to have a detrimental effect on any part of the Trading System, undertake Market Entry Testing of the modified Application.
If the CBOT determines, in its sole discretion, that Licensee has not met all of the Market Entry Testing requirements, the CBOT will so notify Licensee, which will then be provided a subsequent and reasonably prompt opportunity to undertake Market Entry Testing during a commercially reasonable time period specified by the CBOT.
If the CBOT deems, in its sole discretion, that Licensee and the particular Application being tested have met all of the relevant Market Entry Testing requirements, the CBOT will issue to Licensee, if required by the operation of the Interface, an appropriate encrypted license key which will permit Licensee to participate in the Exchange utilizing the Application tested.
If the CBOT determines, in its sole discretion, that Licensee has not met all of the Market Entry Testing requirements, the CBOT will so notify Licensee, which will then be provided a subsequent opportunity to undertake Market Entry Testing during the time period specified by the CBOT.
If the CBOT deems, in its sole discretion, that Licensee and the particular Application being tested have met all of the relevant Market Entry Testing requirements, the CBOT will issue to Licensee, if required by the operation of the CONFIDENTIAL INFORMATION REDACTED AND FILED SEPARATELY WITH THE COMMISSION.
In the event any Application which has passed the Market Entry Testing process is modified, Licensee must (a) notify the CBOT, and (b) undertake Market Entry Testing of the modified Application.