Basis Trade definition

Basis Trade means a privately negotiated transaction consisting of the simultaneous execution of an Interest Rate Derivative against an offsetting equivalent amount of a related underlying cash bond instrument in a quantity that meets a minimum volume threshold;
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Basis Trade means an EFP and is further defined in Rule 416.
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Basis Trade means a transaction whereby a basket of securities or an index participation unit is transacted at a price calculated in the prescribed manner which represents the average accumulation (or distribution) price of the position, subject to an agreed upon basis spread, achieved through the execution of related exchange-traded derivative instruments, which may include listed index futures, index options and index participation units in an amount that will correspond to an equivalent market exposure.
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Examples of Basis Trade in a sentence

  • After the buyer has entered data into the Eurex Clearing System using the Basis Trade Entry Facility, pursuant to section 8.1.1, the seller of futures contracts must enter the following data in order to confirm such Basis Trade: - the OTC transaction reference number; - the Eurex exchange system user identification code of the trader of the seller - the open/close indicator; and - the position account.

  • If the Basis Trade executing Member is not directly responsible for the execution of the cash leg of the Basis Trade, he must have appropriate arrangements in place with the party organising/executing that leg such that the information in (f) - (l) above can be provided promptly to the Exchange.

  • In future, Eurex Clearing AG may include additional contracts in the Basis Trade Facility, or may exclude previously included contracts.

  • Such Members must, therefore, be in a position to supply documentary evidence in connection with a Basis Trade, including, but not limited to, evidence confirming the cash leg of Basis Trades.

  • Participants using the Basis Trade Facility are obliged to provide evidence to Eurex Clearing AG that, for futures contracts cleared on their behalf, there is an underlying, offsetting cash transaction in one of the debt securities defined in accordance with section 10.

  • Such Members may also be required from time to time by the Exchange to request, and copy to it, confirmation of the details of the cash leg of a Basis Trade where another party was responsible for the registration of the cash leg.

  • In any event, details of the Basis Trade must be reported to the Exchange by the Basis Trade executing member and accepted within fifteen minutes of the time at which the Basis Trade was agreed.

  • All information required to be retained by the Basis Trade executing Member, pursuant to this Trading Procedure 16A.13, must be retained by the Member for five years.

  • Where a General Participant Member executes a Basis Trade with or on behalf of a client who is not a Member, it must comply with all applicable laws, including in relation to suitability and appropriateness.

  • Profitability has been robust, mainly driven by strong, although decreasing, NIM and improving operating efficiency.


More Definitions of Basis Trade

Basis Trade means a transaction consisting for one party (“A”) of:
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Basis Trade means a privately negotiated transaction consisting of the simultaneous execution of an Interest Rate Derivative against an offsetting equivalent amount of a related underlying cash bond instrument in a quantity that meets a minimum volume threshold; Deleted: a privately negotiated transaction that isDeleted: EFPDeleted: EFSDeleted: a
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Related to Basis Trade

  • Commodity Futures Trading Commission means the independent regulatory agency established by congress to administer the Commodity Exchange Act.

  • Foreign cooperative means a corporation organized under laws other than the laws of this state operating on a cooperative basis or a similar basis that is provided in those other laws as a criterion for being a cooperative.

  • Patent Cooperation Treaty means the Patent Cooperation Treaty done at Washington on June 19, 1970;

  • Group practice means a group of two or more health care providers legally organized as a partnership, professional corporation, or similar association:

  • Firearm trade association means any person, corporation, unincorporated association, federation, business league, or business organization that:

  • goods and services tax practitioner means any person who has been approved under section 48 to act as such practitioner;

  • Securities Trading Act means the Securities Trading Act of 2007 no.75 of the Relevant Jurisdiction.

  • Federal contract information means information, not intended for public release, that is provided by or generated for the Government under a contract to develop or deliver a product or service to the Government, but not including information provided by the Government to the public (such as on public Web sites) or simple transactional information, such as necessary to process payments.

  • Uniform business entity application means the current version of the NAIC Uniform Business Entity Application for resident and nonresident business entities.

  • Integrated Goods and Services Tax Act means the Integrated Goods and Services Tax Act, 2017;

  • National Road Traffic Act means the National Road Traffic Act, 1996 (Act 93 of 1996);

  • Educator practice instrument means an assessment tool that provides: scales or dimensions that capture competencies of professional performance; and differentiation of a range of professional performance as described by the scales, which must be shown in practice and/or research studies. The scores from educator practice instruments for teaching staff members other than teachers, Principals, Vice Principals, and Assistant Principals may be applied to the teaching staff member’s summative evaluation rating in a manner determined by the school district.

  • Goods and Services Tax or “GST” means the goods and services tax chargeable under the Goods and Services Tax Act (Cap. 117A);

  • Tax Commission means the Oklahoma Tax Commission;

  • Health information exchange or “HIE” shall mean the Common HIE Resources and infrastructure made available to Participants by CRISP for Permitted Purposes, as defined in Section 3.02 of the Terms and Conditions, subject to the terms of the Agreement. Common HIE Resources shall not include the technological infrastructure provided by the Direct Technology Provider for the Direct Service.

  • Personal Securities Transactions means any transaction in a Security pursuant to which an Access Person would have a Beneficial Ownership interest with the exception of obligations of the U.S. Government, bankers’ acceptances, bank certificates of deposit, money market fund shares, commercial paper, high quality short-term debt instruments and registered open-end investment companies, none of which are funds advised or sub-advised by the Firm.

  • Recognised Investment Exchange means a recognised investment exchange as defined by section 285 of the Financial Services and Markets Xxx 0000;

  • Goods and Services Tax (Compensation to States) Act means the Goods and Services Tax (Compensation to States) Act, 2017;

  • Economic abuse means any behaviour that has a substantial adverse effect on B’s ability to—

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  • Personal Securities Transaction means any transaction in a Covered Security in which an Access Person has a direct or indirect Pecuniary Interest.

  • Recognised Futures Exchange means an international futures exchange which is recognised by the SFC or which is approved by the Manager.

  • Licensed health care professional means a person who possesses a professional medical license that is valid in Oregon. Examples include, but are not limited to, a registered nurse (RN), nurse practitioner (NP), licensed practical nurse (LPN), medical doctor (MD), osteopathic physician (DO), respiratory therapist (RT), physical therapist (PT), physician assistant (PA), or occupational therapist (OT).

  • International Student means a student holding a student visa for the purpose of obtaining an education in Australia and includes a student on a study abroad or international exchange program;

  • Securities Transfer Act means the Securities Transfer Act (British Columbia) from time to time in force and all amendments thereto and includes all regulations and amendments thereto made pursuant to that Act.

  • Licensed mental health professional or "LMHP" means a physician, licensed clinical psychologist, licensed professional counselor, licensed clinical social worker, licensed substance abuse treatment practitioner, licensed marriage and family therapist, certified psychiatric clinical nurse specialist, licensed behavior analyst, or licensed psychiatric/mental health nurse practitioner.