Sponsored Participant definition

Sponsored Participant means a third-party ECP that is extended Trading Privileges by a Sponsoring Participant pursuant to Rule 3110.
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Sponsored Participant means a third party ECP (other than an individual or an ISV) that is extended Trading Privileges by a Sponsoring Participant pursuant to Rule 3110.
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Examples of Sponsored Participant in a sentence

  • Any affected Participant or Sponsored Participant shall continue to have access to the SEF by means of an Execution Specialist, unless such access is denied in accordance with the procedures set forth in Rule 3103 or elsewhere in the SEF Rules.

  • Additionally, the SEF shall have the right to direct a Participant to immediately terminate the direct, electronic access to the SEF of any Sponsored Participant.

  • No Person shall enter into anEnd-User Exempt Transaction subject to the SEF’s jurisdiction unless it (or, if applicable, its Customer, Client or Sponsored Participant) or the counterparty to the Swap is eligible for and elects to rely on the End-User Clearing Exception.

  • Rule 5206 Disruptive Trading Practices Prohibited No Participant, Sponsored Participant, Customer or Client (or any of their respective Supervised Persons) shall engage in any trading, practice or conduct that constitutes a “disruptive trading practice,” as such term is defined by the Section 4c(a)(5) of the CEA (7 U.S.C. § 6c(a)(5)) or the related CFTC Regulations.

  • Participants must terminate an Authorized Trader’s access to the SEF upon termination of the Authorized Trader’s employment at, or authorization or appointment by, the Participant or Sponsored Participant (as applicable).

  • If a Participant, Sponsored Participant, Customers or Client has actual or constructive notice of a violation in connection with the use of the SEF by a Participant, Sponsored Participant, Client, Customer or Supervised Person such Person fails to notify the Market Regulation Department within a reasonable time, such Person may be found to have committed an act detrimental to the interest or welfare of the SEF.

  • Rule 5207 Prohibition of Misstatements No Participant, Sponsored Participant, Customer or Client (or any of their respective Supervised Persons) shall make any knowing misstatement of a material fact to the SEF, any SEF Official, any Board committee or SEF Panel, any agent of the SEF (including the Regulatory Services Provider) or any Participant, Sponsored Participant, Customer, Client or Supervised Person.

  • The Sponsoring Participant further agrees to cooperate with the SEF, or any other regulator, in connection with any inquiry regarding the Sponsored Participant’s access and activities relating to the SEF and, in connection with such inquiry, the Sponsoring Participant shall ensure the cooperation of the Sponsored Participant and procure that the Sponsored Participant is contractually bound to cooperate with the SEF or any other regulator.

  • Rule 5101 Good Faith Bids and Offers A Participant or Sponsored Participant shall not knowingly enter, nor shall any Participant, Sponsored Participant, Customer or Client, cause to be entered, bids or offers into the SEF other than in good faith for the purpose of executing bona fide Transactions.

  • No Participant, Sponsored Participant, Customer or Client shall trade any Swap that is not authorized to trade on the SEF.

Related to Sponsored Participant

  • Program participant means an individual certified by the secretary as a program participant under Iowa Code section 9E.3.

  • Participant has the meaning specified in Section 10.06(d).

  • U.S. Participant means a Participant who is a citizen of the United States or a resident of the United States, as defined in section 7701(a)(30)(A) and section 7701(b)(1) of the Code and any other Participant who is subject to tax under the Code with respect to compensatory awards granted pursuant to the Plan;

  • Eligible Employee means full-time and part-time employees in the bargaining unit who have completed four hundred and fifty (450) hours of service and who are not prohibited from contributing to the Plan by legislation or the Plan rules because of their age or because they are in receipt of a pension from the Plan.

  • First Tier Participant refers to the participant who has entered into a covered transaction with a grantee or subgrantee of Federal funds (such as the prime or general contractor). “Lower Tier Participant” refers any participant who has entered into a covered transaction with a First Tier Participant or other Lower Tier Participants (such as subcontractors and suppliers).