OTC Transactions definition
Examples of OTC Transactions in a sentence
You should only undertake OTC Transactions (including but without limitation transactions in relation to pre-IPO securities) if you understand the nature of such trading and such trading facilities and the extent of your exposure to risks.
By trading through us with our counterparty (i.e. other authorized brokers), you are exposed to the credit, settlement and other risks of such counterparty to the relevant OTC Transactions.
Your OTC Transactions are executed against IBIE, which may have a long or short position and may profit or lose in connection with the Transaction, or may hedge or effect it against or through an affiliate or third party who may profit or lose.
OTC Transactions may be less regulated or subject to a separate regulatory regime.
Any amendments, supplements or updates to the Commodity Definitions shall be deemed to apply to OTC Transactions entered into after the relevant publication date and the prior Commodity Definitions will be deemed superseded thereby, unless otherwise stated in the relevant confirmation.
For the avoidance of doubt, forward profits accruing in respect of such OTC Transactions (excluding OTC Look-alikes) which are in excess of US$800 million shall not be deemed to be due and payable to the relevant PCCs.
CES, together with the Client, has developed a customized gas purchase and hedging strategy and budget for the Client which includes (among other matters) the use of OTC Transactions and Risk Management Transactions, and which covers an annual operational period as specified therein.
During the term of this Agreement, including any renewal terms, CES will have the exclusive right to provide the Advisory Services to Client; provided, however, Client may arrange OTC Transactions with any third party as long as the counterparty meets CES’s credit standards and the OTC Transaction is executed through Cargill.
The entry into, and performance of, Uncleared OTC Transactions by the Firm with the Client shall constitute a "Service" for the purposes of the Agreement.
Customer will ensure that any such agreement, approval, authorization, license or permit remains valid and in force at any time Customer enters into any OTC Transactions or maintains any open Transactions.