Opening Call definition

Opening Call means the start-of-day call auction, facilitating the systematic execution of orders at the COP in accordance with these Trading Policies.
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Examples of Opening Call in a sentence

  • When the Market Maker decides to participate in the Opening Call Auction for a security in which it is acting as such, it will use the security’s Opening Price as the reference price for setting the maximum price spread between the buy and sell Orders it enters into the Electronic Trading System in respect of said security.

  • If during the security’s Opening Call Auction there are Orders from other Members in the Electronic Book that improve the prices of the Market Maker’s Orders, the latter will be able to modify its Orders’ buy and sell prices providing they fall within the maximum spread established by the BMV for the security in which it is acting in that capacity.

  • During Opening Call Auction, the current bid (or previous closing price in the absence of the current bid) will be used for checking.

  • The security’s Opening Price if there was no allocation during the security’s Opening Call Auction.

  • Dynamic price checking will be applied throughout the trading day, from the 5-minute input period before the start of Opening Call Auction until market close.

  • If the Employer decides that it is necessary to reduce part-time staff, and if there are more than one part-time Employees performing similar duties, and if it is one of those Employees that is to be laid off, then those Employees will be laid off on the basis of the reverse order of their continuous service since last hired, provided that, in the opinion of the Employer, those remaining are qualified to perform the work required.

  • Pre-OpenOrder Book state in the first phase of Opening Call, preceding the Uncross, when Order Management is allowed.Price Limit ValidationPrice limit check performed upon member request on entered orders.

  • During the pre-open session until the Opening Call, orders can be entered, amended or cancelled in NEO-L.

  • The Exchange, or the DMM for its Eligible Assigned Securities, may delay the opening of an Opening Call Eligible Security in NEO-L if, during the Opening Call, the COP differs from the previous day’s Closing Price by an amount greater than the price band parameters, if set.

  • Orders residing in NEO-L that are eligible to participate in the Opening Call will be displayed at their limit price or, for market orders, they will be displayed at the COP and an Imbalance Message is disseminated upon each change to either the COP or the imbalance.

Related to Opening Call

  • Opening Date means the day on which we first authorize the opening of the facilities, Guest Rooms or services of the Hotel to the general public under the Brand.

  • Bid Opening Date means the date the Bid is opened by the City.

  • opening of business means 9:00 a.m. (New York City time).

  • Opening Average Share Value means the average, over the trading days in the Opening Average Period, of the closing price of a company’s stock multiplied by the Accumulated Shares for each trading day during the Opening Average Period.

  • Sixty-Day Delinquency Rate With respect to any Distribution Date on or after the Stepdown Date, a fraction, expressed as a percentage, the numerator of which is the aggregate Stated Principal Balance of all Mortgage Loans 60 or more days delinquent as of the close of business on the last day of the calendar month preceding such Distribution Date (including Mortgage Loans in foreclosure, bankruptcy and REO Properties) and the denominator of which is the aggregate Stated Principal Balance for such Distribution Date of the Mortgage Loans as of the related Due Date (after giving effect to Principal Prepayments, the principal portion of any Liquidation Proceeds and any Subsequent Recoveries received in the related Prepayment Period).

  • Closing Day means (a) the Restatement Date and (b) with respect to any Accepted Note, the Business Day specified for the closing of the purchase and sale of such Accepted Note in the Confirmation of Acceptance for such Accepted Note, provided that (i) if the Company and the Purchaser which is obligated to purchase such Accepted Note agree on an earlier Business Day for such closing, the “Closing Day” for such Accepted Note shall be such earlier Business Day, and (ii) if the closing of the purchase and sale of such Accepted Note is rescheduled pursuant to Section 3.2, the Closing Day for such Accepted Note, for all purposes of this Agreement except references to “original Closing Day” in Section 2.7(b), shall mean the Rescheduled Closing Day with respect to such Accepted Note.

  • Estimated Closing Working Capital has the meaning set forth in Section 2.04(a)(ii).

  • Objection Date means the date by which Settlement Class Members must mail their objection to the settlement for that objection to be effective. The postmark date shall constitute evidence of the date of mailing for these purposes.

  • The calculation date means the first date on which the purchasers of ordinary shares of the Company shall not be granted the rights to receive the dividend payment (the first date that the SET posts XD sign).

  • Opening of Escrow shall have the meaning given thereto in Section 4 hereof.

  • Estimated Closing Net Working Capital has the meaning set forth in Section 2.5.

  • Working Capital Adjustment Amount has the meaning set forth in Section 2.1(b)(ii). Section 1.2

  • New Funds Amount means the amount equal to the product of a Lender’s increased Commitment or a CI Lender’s Commitment (as applicable) represented as a percentage of the aggregate Commitments after giving effect to any Commitment Increase, times the aggregate principal amount of the outstanding Loans immediately prior to giving effect to such Commitment Increase, if any, as of any Commitment Increase Effective Date (without regard to any increase in the aggregate principal amount of Loans as a result of borrowings made after giving effect to such Commitment Increase on such Commitment Increase Effective Date); (ii) “Reducing Percentage Lender” means each then existing Lender immediately prior to giving effect to any Commitment Increase that does not increase its respective Commitment as a result of such Commitment Increase and whose relative percentage of the Commitments shall be reduced after giving effect to such Commitment Increase; and (iii) “Reduction Amount” means the amount by which a Reducing Percentage Lender’s outstanding Loans decrease as of any Commitment Increase Effective Date (without regard to the effect of any borrowings made on such Commitment Increase Effective Date after giving effect to the Commitment Increase occurring on such Commitment Increase Effective Date).

  • Account Opening / Investment Account Opening Form means standardized form prescribed by the Management Company to be duly filled by the investors at the time of opening an account with the Fund.

  • Estimated Closing Cash has the meaning set forth in Section 2.4(a).

  • Trigger Event Date means a date on which a Trigger Event has occurred as determined by the Calculation Agent.

  • Cure Date means the MuniPreferred Basic Maintenance Cure Date or the 1940 Act Cure Date, as the case may be.

  • Quarter Date means each of 31 March, 30 June, 30 September and 31 December.

  • polling day means the day fixed for holding the poll at an election;

  • Final Closing Working Capital has the meaning set forth in Section 2.5(d).

  • Calculation Date means each day on which the Reference Price is published by the Index Sponsor or the Index Calculation Agent, as the case may be.

  • Working Capital Escrow Amount means $500,000.

  • Net Working Capital Adjustment Amount means an amount, which may be a positive or negative number, equal to the Net Working Capital as of the Effective Time minus the Net Working Capital Threshold.

  • FX Calculation Date means each day on which FX is published by the Fixing Sponsor. "FX Call Event" means each of the following events:

  • Closing Level : means the official daily Closing Level of the Index as published by the Index Sponsor in relation to each Scheduled Trading Day during the Investment Term.

  • Billing Date means the date upon which the monthly statement is generated and debited to the customer's account.