Authorized Trader definition

Authorized Trader means any natural person associated with a Participant and, if applicable, a DMA Customer who (i) has TradingAccess to the SEF operated by BSEF using a Participant ID and (ii) is assigned a valid Trader ID.

Authorized Trader means a Person (not an individual) who is authorized by a Participant to access the Trading System pursuant to Rule 304.

Authorized Trader means an individual employed by a Member who is authorized by that Member to have direct access to Nadex, provided the Member maintains supervisory authority over such individual’s trading activities.

Examples of Authorized Trader in a sentence

• It is the duty of the Participant to ensure that Authorized Trader (and Trader ID) registration is current and accurate at all times.

• Gifts and Gratuities Except as permitted in Writing by the Chief Compliance Officer, no Participant or Authorized Trader shall, directly or indirectly, give or permit to be given anything of value (including gratuities) to a SEF Official or BSEF, including any agents or independent contractors of BSEF.

• Pursuant to this Chapter 6, BSEF may hold an Authorized Trader liable for, and impose sanctions against him or her, for such Authorized Trader’s own acts and omissions that constitute a violation as well as or for the acts and omissions of any other agent or representative of such Authorized Trader that constitute a violation as if such violation were that of the Authorized Trader.

• BSEF may establish criteria that individuals must fulfill to become an Authorized Trader.

• BSEF may discipline a suspended Participant or Authorized Trader under this Chapter 6 for any violation of a BSEF Rule or provision of Applicable Law committed by the Participant or Authorized Trader before, during or after the suspension.

More Definitions of Authorized Trader

Authorized Trader means a person who is either employed or is an agent of a Clearing Firm or a Participant Firm and who is authorized to utilize the Exchange pursuant to the applicable User ID Request Form.

Authorized Trader means an individual authorized by an Entity Trading Member and approved by Nadex to enter and execute transactions on the Market for that Entity Trading Member’s account, provided the Entity Trading Member maintains supervisory authority over such individual’s trading activities.

Authorized Trader means any natural person who (i) has Trading Access to the SEF operated by BSEF using a Participant ID and (ii) is assigned a valid Trader ID.

Authorized Trader means a Person who is appointed, employed or authorized by a Participant (or by a Sponsored Participant) and who has been assigned a User ID by the SEF. Each Authorized Trader: (i) must be a natural Person; (ii) must have been granted Trading Privileges with respect to the trading activities of a Participant; and (iii) must satisfy any other requirements as may be prescribed by the SEF from time to time.

Authorized Trader means a natural person who is authorized to utilize the MarketAxess SEF and is either employed by or an agent of (i) a Participant Firm or (ii) a Customer designated to receive Direct Market Access by a Sponsoring Broker. For the avoidance of doubt, any Authorized Trader of a Customer shall not be considered an Authorized Trader of the Sponsoring Broker providing Direct Market Access to the Customer by virtue of the Direct Market Access relationship between the two parties.

Authorized Trader means an individual who is employed by or is an agent of a Participant or a Customer and who has been authorized to access one or more Platforms pursuant to Rule 308 and to enter Orders or execute Swaps on behalf of such Participant or Customer, as applicable.

Authorized Trader means any natural person who is appointed, employed or authorized by a Participant to place Orders on Tera and is assigned a valid Trader ID.