Open Trading definition

Open Trading means the Trading Protocols described in Rule 11.2 where MACL is interposed as the trading counterparty on a matched principal basis between two Participants (regardless of anonymity) in each case including any technical updates, revisions or rebranding of such Trading Protocols from time to time;

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Open Trading means securities trading at the MSE while the members have an insight into the data for the quantity, price and special conditions about the entered securities’ buying and selling orders into the BEST system;

Open Trading means an Intermediated Trading Protocol described in Rule 11.2where MACL is interposed as the trading counterparty on a matched principal basis between two Participants (regardless of anonymity) in each case including any technical updates, revisions or rebranding of such Trading Protocols from time to time;

Examples of Open Trading in a sentence

The Issuer is under no obligation to offer or repurchase the Share Tokens and may stop the Open Trading at any time or limit the Open Trading to selling or buying only.
The Issuer conducts the Open Trading in a transparent manner, with Shareholders having the possibility to be immediately notified about every trade if they wish to do so.
Further, all Shareholders waive any subscription rights regarding the sale, and any rights regarding the equal treatment of Shareholders regarding the repurchase, of Share Tokens within the Open Trading.
All Shareholders agree to take all actions reasonably required to enable the Open Trading and/or increase the number available Share Tokens in the Open Trading if Share Tokens have sold out, such as amendments to the Articles and other acts as reasonably deemed necessary by the Issuer.
In case of a capital increase for the creation of new Share Tokens that are intended for sale through Open Trading, the Token Holders agree that their subscription rights are granted by having equal access to the Open Trading.
All Shareholders agree that the Issuer may decide to offer Share Tokens for public sale and repurchase by the Issuer to create a public market for the Share Tokens ("Open Trading").
Prior to the date of the First Open Trading Day, ARI shall advise Athene in writing of the occurrence of the First Open Trading Day.
To enable the Open Trading for existing Share Tokens, all Shareholders hereby waive their right to equal treatment for the repurchase of Share Tokens and their subscription right for the sale of Share Tokens.
In order to fulfill Athene’s purchase obligations described in Section 3.1, Athene shall, on or as promptly as practicable following the First Open Trading Day, adopt, enter into and not withdraw, terminate or take any action that would result in the termination of, a 10b5-1 Plan with one or more broker-dealers or other agents (any such broker-dealer, an “Agent”), except to the extent any such withdrawal, termination or action is required to comply with or avoid a violation of Rule 10b5-1.
To enable the Open Trading, all Shareholders hereby waive their right to equal treatment for the repurchase of Share Tokens and their subscription right for the sale of existing Share Tokens.

More Definitions of Open Trading

Open Trading means the Trading Protocols described in Rule 11.2(b) and any other Protocol where MACL is interposed as the tradingcounterparty ona matched principal basis between two Participants (regardless of anonymity) ineach case including any technical updates, revisions or rebranding of such Trading Protocols from time to time;

Open Trading means the exchange of credits among or between point and nonpoint sources in a watershed or receiving water for which a total maximum daily load or a pollutant-specific cap and allocations have not been established by an applicable requirement.