Examples of Negotiated Transaction in a sentence
The price validation controls are performed two times, at order entry of the Negotiated Transaction, by each counterparty.
The size and price validation controls described in paragraph 5.2b are performed at order entry thus, if they are fulfilled, the Negotiated Transaction is immediately executed.
In case of rejection from one of the counterparties, acceptance by any other counterparty of the Negotiated Transaction will be prohibited.
In case of rejection from one of the counterparties, acceptance by any other counterparty of the Negotiated Transaction will be inhibited.
CEO, Colony Capital (same) He’s the money man behind Xanadu and the Hilton’s Atlantic City casino operation.
A Committed Cross Order is submitted by setting the Price Type field of OE message to “C”.For Committed Cross Orders, order entry must be done by both the counterparties of the Negotiated Transaction.
Once the Negotiated Transaction has been inserted, each counterparty will receive a notification message.
On receipt, counterparties will be able to submit acceptance of its Leg of the Negotiated Transaction, or reject it.
The SOLA trading system keeps the first order received in a dedicated private archive until the corresponding order of the Negotiated Transaction has been submitted by the other counterparty.
Pending legs will remain in the system till the close of the trading day until they are all accepted.The Negotiated Transaction will be registered and sent to clearing only on acceptance of all of the counterparties.