Maximum Spread definition

Maximum Spread means, in relation to two-sided market making orders, the maximum difference allowed between the bid price and the ask price input by a Dual Counter Market Maker as may from time to time be specified by the Exchange;
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Maximum Spread means, in respect of a Proposed Reference Entity, the higher of (A) 175 per cent. of the Offer Spread of the relevant the Replaced Reference Entity and (B) 2.00 per cent.
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Maximum Spread means $5.28, as may be adjusted from time to time pursuant to Section 8.
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Examples of Maximum Spread in a sentence

  • Maximum Spread Account Amount 10.00% of Outstanding Pool Balance v.

  • The Maximum Spread per contract is the maximum price range between buy and sell orders, specified for each contract (“Settlement Spread”).

  • The “Maximum Spread Value” will be determined by Eurex Clearing AG in the Specific Terms either (i) based on the recommendation of the relevant DMC, or (ii), in case Eurex Clearing AG does not follow such recommendation, by calculating the average of all received Maximum Spread Values recommended by Mandatory Participants (Eurex Clearing AG will request such recommendations from all Mandatory Participants).

  • The time weighted average best bid (the average best ask) is the time weighted average from all highest buy orders (lowest sell orders) which lie within the limits of the Maximum Spread during the time window for the individual contract on the market, considering the period of their existence in the orderbook.If there are no trades and orders fulfilling the product-specific parameters, EEX AG can determine the EOD Index based on data of the Chief Trader Procedure or other prices sources.

  • These parameters include:• Minimum quantity of traded contracts• Minimum quantity of contracts per order• Minimum duration of the cumulated valid best bid and best ask• Maximum Spread per contract The Calculation Period is the period during the trading hours, in which the relevant trades and order book situation are considered for the calculation of EOD Indices.The Maximum Spread per contract is the maximum price range between buy and sell orders, specified for each contract.

  • These parameters include: • Minimum quantity of contracts per trade • Minimum quantity of contracts per order • Minimum duration of the cumulated valid best bid and best ask • Maximum Spread per contract The period during the trading hours, in which the relevant trade and order book situation is considered for the calculation of Daily Settlement Prices is the Settlement Price Window.

  • Die Qualität der quotierten Geld-Brief-Spanne ergibt sich aus der durchschnittlich quotierten Geld-Brief- Spanne im Verhältnis zur größten zulässigen Geld-Brief-Spanne (Maximum Spread) gemäß den Market Maker-Verpflichtungen.

  • Maximum Spread: Not ApplicableMaximum Commission:Not ApplicableMaximum Exit Penalty:Not Applicable RESPONSIBILITY The Issuer and the Guarantor accept responsibility for the information contained in these Final Terms.

  • Product Limits Minimum Spread Product Price: - $100/GJ (ie negative) Maximum Spread Product Price $100/GJ Maximum Quantity 50,000 GJ (50 TJ) Unit GJ Admission to trade Automatic Partial acceptance of Orders Permitted if specified in the Order.

  • These parameters include: • Minimum quantity of traded or registered contracts • Minimum quantity of contracts per order • Minimum duration of the cumulated valid best bid and best ask • Maximum Spread per contract The period during the trading hours, in which the relevant trade and order book situation is considered for the calculation of Daily Settlement Prices is the Settlement Price Window.


More Definitions of Maximum Spread

Maximum Spread shall have the meaning set forth in Section 4.02 herein.
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Maximum Spread means,
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Maximum Spread means the difference between a YLDVOL Swaption Straddles ask price and bid price as set forth on the Auction Book by BSEF. BSEF, in its sole discretion, may modify the Maximum Spread at the beginning of the Auction Queue Period when it deems necessary to maintain a fair and orderly Auction.
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Maximum Spread means the permitted difference between the offer or bid price and the reference price for each designated security as prescribed under these Rules;
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Maximum Spread means the maximum spread between the then applicable bid and offer rates; (ii) “Maximum Commission” means the maximum commission on the bid and offer rates; and (iii) “Maximum Exit Penalty” means the maximum exit penalty applicable to the bid and offer rates.
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Related to Maximum Spread

  • Applicable Spread means, in connection with the Maximum Rate for any Rate Period (and subject to adjustment as described in the definition of Maximum Rate) (i) when there is not a Failed Remarketing Condition, 200 basis points (2.00%), and (ii) while a Failed Remarketing Condition has occurred or is continuing, 200 basis points (2.00%) (up to 59 days of a continued Failed Remarketing Condition), 225 basis points (2.25%) (sixty (60) days but fewer than ninety (90) days of a continued Failed Remarketing Condition), 250 basis points (2.50%) (ninety (90) days but fewer than 120 days of a continued Failed Remarketing Condition), 275 basis points (2.75%) (120 days but fewer than 150 days of a continued Failed Remarketing Condition), 300 basis points (3.00%) (150 days but fewer than 180 days of a continued Failed Remarketing Condition), and 400 basis points (4.00%) (180 days or more of a continued Failed Remarketing Condition); provided that, if at any time when the Applicable Spread is 225 basis points (2.25%), 250 basis points (2.50%), 275 basis points (2.75%), 300 basis points (3.00%) or 400 basis points (4.00%) and the Failed Remarketing Condition no longer exists due to the successful remarketing of all Purchased VRDP Shares, then such Applicable Spread of 225 basis points (2.25%), 250 basis points (2.50%), 275 basis points (2.75%), 300 basis points (3.00%) or 400 basis points (4.00%) will continue to be the Applicable Spread in connection with determining the Maximum Rate in effect for each Rate Period commencing with the first Subsequent Rate Period after the Failed Remarketing Condition no longer exists through and including the first Subsequent Rate Period ending on or after the 45th day after the day the Failed Remarketing Condition no longer exists; provided, further, that (i) if a new Failed Remarketing Condition occurs prior to the end of such period and the Applicable Spread is then 225 basis points (2.25%), the date such new Failed Remarketing Condition occurs will be deemed to be the 60th day of a continued Failed Remarketing Condition, (ii) if a new Failed Remarketing Condition occurs prior to the end of such period and the Applicable Spread is then 250 basis points (2.50%), the date such new Failed Remarketing Condition occurs will be deemed to be the 90th day of a continued Failed Remarketing Condition, (iii) if a new Failed Remarketing Condition occurs prior to the end of such period and the Applicable Spread is then 275 basis points (2.75%), the date such new Failed Remarketing Condition occurs will be deemed to be the 120th day of a continued Failed Remarketing Condition, (iv) if a new Failed Remarketing Condition occurs prior to the end of such period and the Applicable Spread is then 300 basis points (3.00%), the date such new Failed Remarketing Condition occurs will be deemed to be the 150th day of a continued Failed Remarketing Condition and (v) if a new Failed Remarketing Condition occurs prior to the end of such period and the Applicable Spread is then 400 basis points (4.00%), the date such new Failed Remarketing Condition occurs will be deemed to be the 180th day of a continued Failed Remarketing Condition, in each case, solely for purposes of determining the Applicable Spread.

  • Adjustment Spread means either (a) a spread (which may be positive, negative or zero) or (b) a formula or methodology for calculating a spread, in each case to be applied to the Successor Rate or the Alternative Rate (as the case may be) and is the spread, formula or methodology which: