Broker Firm Participant definition

Broker Firm Participant means a Person that (i) is a Participant (but not a General Participant), (ii) is registered as a Futures Commission Merchant or Introducing Broker or in another appropriate capacity, or is exempt from such registration, and (iii) enters Orders or executes Swaps on a Platform or subject to the Rules on an agency basis on behalf of Customers, or other Participants or their Customers, but may not engage in SEF Activity for the Broker Firm Participant’s Proprietary Account.
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Broker Firm Participant means a Person that (i) is a Participant (but not a General Participant), (ii) is registered as a Futures Commission Merchant or Introducing Broker or in another appropriate capacity, or is exempt from such registration, and (iii) enters Orders or executes Swaps on a Platform or subject to the Rules on an agency basis on behalf of
Sample 1Sample 2
Broker Firm Participant means a Person that (i) is a Participant (but not a General Participant),
Sample 1

Examples of Broker Firm Participant in a sentence

  • This means, we operate our business and conduct our relationships with all stakeholders – customers, employees, vendors, investors and local communities – with equal commitment and focus.

  • Tradition SEF may, acting in its reasonable discretion, terminate or suspend the designation of an individual as Authorized Trader, Authorized Broker or Authorized Agent and shall promptly notify the Participant or Broker Firm Participant, as applicable, of such action.

  • To designate an Authorized Trader, Authorized Broker or Authorized Agent, a General Participant or Broker Firm Participant, as applicable, must follow the procedures established by Tradition SEF.

  • Tradition SEF will maintain a list of all designated Authorized Traders for each Customer of a General Participant or Broker Firm Participant that has been granted direct access to a SEF Platform or System and a list of all designated Authorized Brokers or Authorized Agents for each Broker Firm Participant.

  • Each Broker Firm Participant shall designate one or more Authorized Brokers or Authorized Agents to act on behalf of its Customers.

  • Tradition SEF will promptly notify a General Participant or Broker Firm Participant in writing of the approval of Authorized Traders, Authorized Brokers or Authorized Agent, or if Tradition SEF declines to approve the nomination of an Authorized Trader, Authorized Broker or Authorized Agent.

  • This exchange of counterparty identity may occur within a Broker Firm Participant, or between two or more consenting counterparties prior to introduction of the Transaction to the SEF for execution.

  • Upon the termination or suspension of an Authorized Trader, Authorized Broker or Authorized Agent, the Participant, or Broker Firm Participant, as applicable, shall take immediate measures appropriate to ensure that such Authorized Trader, Authorized Broker or Authorized Agent shall not have access to any Platform or utilize its User ID, as applicable, after the effective date of any such revocation or suspension.

  • Orders for non-cleared Permitted Transactions may be entered into the Permitted Transaction Order Book through interaction with a Broker Firm Participant that has been granted agency access to the Order Book, or directly through IM, telephone or other acceptable form of communication with a SEF Execution Specialist.

  • A request for a response on an interest for a Required Transaction may be made by a Participant, or a Customer authorized by a Participant, or a Broker Firm Participant who is registered with the Tradition SEF and is authorized by a Participant or Customer to act on their behalf.

Related to Broker Firm Participant

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

  • FTR Participant means any Market Participant that provides or is required to provide Collateral in order to participate in PJM’s FTR auctions.

  • Qualified Participant means a Participant who has attained age 55 and who has completed at least 10 years of participation in the Plan.

  • Study Participant means a person recruited to participate in the Study.

  • 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.

  • Eligible Executive means an employee of the Company selected as being eligible to participate in this Plan under Section C.1.a.

  • 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).

  • Designated Participant means such employees or officers of the Company or a related entity of the Company as the Board may designate from time to time as eligible to participate in the Plan;

  • Covered Executive means any “executive officer” of the Company as defined under Rule 10D-1.

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

  • CDS Participant means a participant in CDS that holds security entitlements in Units on behalf of beneficial owners of those Units;

  • Current Participant means a person who participated in the Plan during the Class Period and had an Active Account on May 11, 2018.

  • Participating employee means an employee whose election to participate in a Plan has been approved by the employer.

  • Non-Key Employee means any Employee who is not a Key Employee.

  • Section 162(m) Participant means any key Employee designated by the Administrator as a key Employee whose compensation for the fiscal year in which the key Employee is so designated or a future fiscal year may be subject to the limit on deductible compensation imposed by Section 162(m) of the Code.

  • Bona fide employee means a person, employed by a bidder and subject to the bidder's supervision and control as to time, place, and manner of performance, who neither exerts, nor proposes to exert improper influence to solicit or obtain contracts nor holds out as being able to obtain any contract(s) through improper influence.

  • Market Participant means an entity that, for its own account, produces, transmits, sells, and/or purchases for its own consumption or resale capacity, energy, energy derivatives and ancillary services in the wholesale power markets. Market Participants include transmission service customers, power exchanges, Transmission Owners, load serving entities, loads, holders of energy derivatives, generators and other power suppliers and their designated agents.

  • Exchange Participant means (a) the Bank which is a person registered as a China Connect Exchange Participant (as defined in the SEHK China Connect Rules) by SEHK; or (b) where the context requires, any China Connect Exchange Participant (as defined in the SEHK China Connect Rules).

  • Qualifying Employee means any employee of Managing Agent or Parent or any of their respective subsidiaries who is and has been an employee of Managing Agent or Parent or any of their respective subsidiaries for at least thirty-six (36) months.