Matched Principal means the execution method where we are acting as principal in relation to all Client trades whilst simultaneously matching these trades with a counterparty. This is also known as ‘riskless principal’ since the Firm would not be taking the position in their proprietary book.
Matched Principal means that FXTM interposes itself between the buyer and the seller to the transaction in such a way that is not exposed to market risk throughout the execution of the transaction as both sides are executed simultaneously. As the transaction is concluded at a price where FXTM makes no profit or loss, other than a previously disclosed commission, a fee may be charged for the transaction. Details of which are disclosed on the FXTM’s website.
Matched Principal means that the Company interposes itself between the buyer and the seller to the transaction in such a way that is not exposed to market risk throughout the execution of the transaction as both sides are executed simultaneously. As the transaction is concluded at a price where the Company makes no profit or loss, other than a previously disclosed commission, a fee may be charged for the transaction. Details of which are disclosed on the Company’s website.
Examples of Matched Principal in a sentence
Where the dealing activities of a firm are limited to acting only as Matched Principal, the activities fall in the scope of Category 3A in accordance with Rule 1.3.3(1).
A Category 2 Authorised Firm may be authorised to conduct other Financial Services, but it is the authorisation for Dealing in Investments as Principal (not only as a Matched Principal) or authorisation for Providing Credit, and the absence of authorisation for the activities specified in Rule 1.3.1, that are determinative of its belonging to Category 2.
If a single disabled person applies, consideration will be given to adapt an existing room to provide a bedroom or create a bed-sitting room.
A Matched Principal Counterparty may be an Affiliate of the Operator.
If they meet the Matched Principal Counterparty criteria, then the Operator shall add such Participants to the list of Matched Principal Counterparties maintained by it.
More Definitions of Matched Principal
Matched Principal a transaction where the Company interposes itself between the buyer and the seller to the transaction in such a way that is never exposed to market risk throughout the execution of the transaction. The Company is instantly setting-off all market risk from each client’s transaction affected by using Straight-Through Processing (STP) bridge with counterparties (liquidity providers) where each client’s transaction is set-off. It is up to the Company to decide which types of Financial Instruments to make available for trading. The only Financial Instruments offered by the Company are Contracts for Difference (CFDs) across a range of asset classes: FX, precious metals, commodities, indices, etc. The Company is ensuring that those financial instruments offered are designed to meet the needs of an identified target market of end clients within the relevant category of the client (retail, experienced retail, professional, eligible counterparties), that the strategy for distribution of the financial instruments is compatible with the identified target market, and that the financial instruments are distributed to the identified target market. The Company shall ensure that the financial instruments are compatible with the needs of the client to whom the service is provided and that those are offered or recommended only when this is in the interest of the client. The Policy sets out the procedures and methods used by the Company to ensure the fair, honest, professional, prompt and expeditious execution on terms most favorable to the Clients in relation to trading in CFDs. When receiving and transmitting orders for execution, the Company is taking all sufficient steps to act in the best interest of its Clients. The factors that contribute to achieving best execution are described below in paragraph IV.
Matched Principal means that OPO GROUP LLC interposes itself between the buyer and the seller to the transaction in such a way that is not exposed to market risk throughout the execution of the transaction as both sides are executed simultaneously. As the transaction is concluded at a price where OPO GROUP LLC makes no profit or loss, other than a previously disclosed commission, a fee may be charged for the transaction. Details of which are disclosed on the OPO GROUP LLC’s website. “Manifest Error” shall mean an error of a Dealer who opens/closes a position or executes an Order at the price which significantly differs from the price for this Instrument in the Quotes Flow at the moment of taking this action, or any other Dealer’s action in regard to the prices which are significantly different from the market prices.
Matched Principal means a transaction in bonds which is facilitated by a trading member (including but not limited to an IDB), in terms of which the facilitating trading member trades with or on behalf of two other trading members or on behalf of a client and another trading member, does not disclose the identity of the two counterparties to each other, and reports to the trading system a purchase transaction and a sale transaction with or on behalf of the two counterparties through the trading member’s stock account;
Matched Principal means that the Company interposes itself between the buyer and the seller to the transaction in such a way that is not exposed to market risk throughout the execution of the transaction as both sides are executed simultaneously. As the transaction is concluded at a price where the Company makes no profit or loss, other than a previously
Matched Principal means: an IDB authorized user that does not disclose to the market the identities of the parties to a trade facilitated by that IDB authorized user;
Matched Principal means that CAPITALXTEND LLC interposes itself between the buyer and the seller to the transaction in such a way that is not exposed to market risk throughout the execution of the transaction as both sides are executed simultaneously. As the transaction is concluded at a price where CAPITALXTEND LLC makes no profit or loss, other than a previously disclosed commission, a fee may be charged for the transaction. Details of which are disclosed on the CAPITALXTEND LLC’s website.
Matched Principal. Basis will deal with User as a matched principal (or “agent”) unless it informs you otherwise and therefore Users orders are executed with Basis. However, Basis acts as agent on behalf of User and as a matched agent executes a corresponding transaction with a third party to achieve the best execution results on User’s behalf. The charges of Basis may be incorporated as a mark-up or mark-down (the difference between the price at which it takes a principal position and the transaction execution price with User). Basis may alternatively agree to charge a commission or a combination of commission and mark-up or mark-down. The charges of Basis are not considered in determining best execution prices.