Precious Metals Trading definition

Precious Metals Trading means the purchase and sale of Precious Metals pursuant to the terms and conditions of a Precious Metals Contract to be carried out on a deposit basis which does not involve any physical delivery of Precious Metals. “Business Day” means any day, except Saturday, Sunday and the statutory holidays being published in the Gazette. “Client” is applicable to any circumstances, and in the case where the client(s) is/are individual(s), shall include his/their respective executor(s) and administrator(s); in the case where the client is a sole proprietorship firm, shall include the sole proprietor and his executor(s) and administrator(s) and his or their successor(s) in the business; in the case of a partnership firm, shall include the partners who are partners of the firm at the time when the client’s said account or accounts are being maintained and their respective executor(s) and administrator(s) and any other person or persons who shall at any time hereafter be or have been a partner of and in the firm of his/their respective executor(s) and administrator(s) and the successor(s) to such partnership business. “Client Telephone Code” means the Client account number(s), password(s) and/or personal identifier(s) to be used by the Dealer to identify and verify the identity of the Client when placing Investment orders with the Dealer’s dealing room by telephone only. “Contract” means a contract as to be agreed by the Parties (whether orally or in writing or electronically) regarding sales and purchase of Precious Metals pursuant to and subject to the conditions of this Agreement. “Dealer” means Chancellor Precious Metals Limited and its successors in title and partners who acts as a principal in Precious Metals Trading with the Client or the Authorized Representative. “ETS” means Electronic Trading Services, which is the electronic facility enabling the Client to give instructions to, and obtain information and service from the Dealer in relation to Investments, including but not limited to the Dealer’s e-trading system and the Dealer’s website. “Initial Margin” means a deposit as prescribed by the Dealer at the Dealer’s sole discretion in respect of Client’s Precious Metals Trading. The Client shall place such deposit with the Dealer as collateral before giving any Investment orders. The Dealer may change the Initial Margin from time to time at the Dealer’s absolute discretion and any such change shall be effective forthwith without giving the Client any prior notic...
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Precious Metals Trading means the purchase and sale of Precious Metals pursuant to the terms and conditions of a Precious Metals Contract to be carried out on a deposit basis which.
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Examples of Precious Metals Trading in a sentence

  • The SRSP only accepts gold from Precious Metals Trading Companies and Alloy Suppliers as follows: • Companies which certify and independently audit that all gold is supplied from refineries and/or banks which fulfill the SRSP criteria under “Refineries” and “Banks” as above.

  • For the Subsidy Scheme for Precious Metals Trading Industry, it aims to provide relief to members of The Chinese Gold and Silver Exchange Society affected by Novel Coronavirus (COVID-19).

  • Between 1996 and 2000, Robert Gottlieb, Christopher Jordan and Michael Connolly worked together at the Precious Metals Trading Desk of HSBC and at Republic National Bank of New York, prior to its acquisition by HSBC.

  • It introduced innovative products including silver leasing for enterprises and PC client for Individual Precious Metals Trading (Shanghai Gold Exchange) Agency business.Assets management and investment bankingThe Bank enhanced the refined, standardised and comprehensive risk management over the assets management and investment banking, in order to promote the sound and sustainable development in this arena.

  • The Bank proactively explored Precious Metals Trading (Shanghai Gold Exchange) Agency business and the number of contracted customersManagement discussion & analysisof Individual Precious Metals Trading (Shanghai Gold Exchange) Agency business amounted to 2,160,700.

  • For the Subsidy Scheme for Precious Metals Trading Industry, it aims to provide relief to members of the Chinese Gold and Silver Exchange Society affected by Novel Coronavirus (COVID-19).

  • From July 16, 2011 to at least August 2012 (the “relevant period”), Defendants Global Precious Metals Trading Company, LLC (“GPMT”), which holds itself out to the public as a precious metals firm, and its founder and principal, Michael Ghaemi (“Ghaemi”), solicited and accepted at least $800,000 from approximately nine U.S. retail customers for the purpose of purchasing physical precious metals.

  • FINDINGS IN THIS REPORT‌This report describes sources of EHR-related burden, as well as strategies and recommendations that HHS and other stakeholders can pursue to achieve the burden reduction goals stated above.

  • On 2 July 2012 the claimant transferred to the FX Precious Metals Trading department.

  • Working closely with our Precious Metals Trading and Marketing unit, we are able to offer you the ability to better manage risk when it comes to sourcing or selling your precious metals.

Related to Precious Metals Trading

  • Precious metals means silver, gold, platinum, palladium, iridium, osmium, rhodium, and ruthenium.

  • Precious Metal means the following, in coin, bullion, or other form:

  • Scrap metal means ferrous or nonferrous metal, or items that contain ferrous or nonferrous metal, that are sold or offered for sale for the value of the ferrous or nonferrous metal they contain rather than their original intended use; ferrous or nonferrous metal removed from or obtained by cutting, demolishing, or disassembling a building, structure, or manufactured item; or other metal that cannot be used for its original intended purpose but can be processed for reuse in a mill, foundry, die caster, or other manufacturing facility.

  • Margin Trading means Leverage trading when the Client may make Transactions having far less funds on the Trading Account in comparison with the Transaction Size.

  • Consumer-goods transaction means a consumer transaction in which:

  • Gold means (i) Physical Gold held by the Custodian or any Sub-Custodian under this Agreement and/or (ii) any credit to an account, including a Fund Unallocated Account, on an Unallocated Basis, as the context requires.

  • trading book means all positions in financial instruments and commodities held by an institution either with trading intent or in order to hedge positions held with trading intent;

  • Locally manufactured goods means goods whose value, either in whole or in part, is derived from growing, producing, processing, assembling, or manufacturing activities that occur within a city-based manufacturer's facility located within the city.

  • Consignment means products which are either sent simultaneously from one exporter to one consignee or covered by a single transport document covering their shipment from the exporter to the consignee or, in the absence of such a document, by a single invoice;

  • agricultural products means the products listed in Annex I to the Treaty, with the exception of fishery products, as well as cotton;

  • Consumer goods means goods that are used or bought for use primarily for personal, family, or household purposes.

  • Agricultural producer means a person that engages or wishes to engage or intends to engage in the business of producing and marketing agricultural produce in this state.

  • nanomaterial means a natural, incidental or manufactured material containing particles in an unbound state or as an aggregate or as an agglomerate and where, for 50 % or more of the particles in the number size distribution, one or more external dimensions is in the size range 1-100 nm;

  • Distillery manufacturing license means a license issued in accordance with

  • Scrap metal dealer means a person or governmental unit that buys scrap metal and is not a first purchaser. The term includes, but is not limited to, a person, whether or not licensed under state law or local ordinance, that operates a business as a scrap metal recycler, scrap processor, secondhand and junk dealer, or other person that purchases any amount of scrap metal on a regular, sporadic, or 1-time basis.

  • Silver means elemental silver having an atomic weight of 107.869 and the chemical element symbol of Ag, whether found by itself or in combination with its alloys or any other metal.

  • Borrower Products means all products, software, service offerings, technical data or technology currently being designed, manufactured or sold by Borrower or which Borrower intends to sell, license, or distribute in the future including any products or service offerings under development, collectively, together with all products, software, service offerings, technical data or technology that have been sold, licensed or distributed by Borrower since its incorporation.

  • Agricultural product means the products listed in Annex I to the Treaty, except fishery and aquaculture products listed in Annex I to Regulation (EU) No 1379/2013 of the European Parliament and of the Council of 11 December 2013;

  • LME means the London Metal Exchange;

  • Inventory Tracking System means the required tracking

  • Financial Futures Contract means the firm commitment to buy or sell fixed income securities including, without limitation, U.S. Treasury Bills, U.S. Treasury Notes, U.S. Treasury Bonds, domestic bank certificates of deposit, and Eurodollar certificates of deposit, during a specified month at an agreed upon price.

  • Pyrophoric material means any liquid that ignites spontaneously in dry or moist air at or below 130° F (54.4° C) or solid, other than one classed as an explosive, which under normal conditions is liable to cause fires through friction, retained heat from manufacturing or processing, or which can be ignited readily and, when ignited, burns so vigorously and persistently as to create a serious transportation, handling, or disposal hazard. Included are spontaneously combustible and water-reactive materials.

  • Perishable goods means personal property maintained under controlled conditions for its preservation, and susceptible to loss or damage if the controlled conditions change.

  • Cannabis wholesaler means any licensed person or entity that purchases or otherwise obtains, stores, sells or otherwise transfers, and may transport, cannabis items for the purpose of resale or other transfer to either another cannabis wholesaler or to a cannabis retailer, but not to consumers.

  • FCA : means the Financial Conduct Authority.

  • Manufactured good means a good brought to the construction site for incorporation into the building or work that has been--