Frequent Trading definition

Frequent Trading means the frequent trading in shares of an open-end fund in violation of the fund’s prospectus and/or trading policies, including any trading designed to exploit perceived inefficiencies in the prices of Fund shares.
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Frequent Trading means trading more frequently than permitted by an open-end mutual fund’s prospectus. Market timing is an example of Frequent Trading.
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Frequent Trading means frequent purchases and redemptions of U.S. registered open end fund shares by shareholders. Shareholders will be deemed to be engaged in Frequent Trading and may not exchange shares (i) with respect to purchases and sales in Funds, within six months of purchase and (ii) with respect to Mutual Fund Securities, within three months of purchase. Market timing, short term trading and excessive trading are all forms of Frequent Trading.
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Examples of Frequent Trading in a sentence

  • Frequent Trading Investment in the Sub-Funds is intended for long term purposes only.

  • See also the Market-Timing and Frequent Trading section of this Prospectus.

  • The Canadian securities industry has identified mutual fund market timing as practices that include: • Frequent Trading - defined as the frequent buying and selling of mutual fund units; and • Price Arbitrage Trading - defined as buying and selling of mutual fund units in order to exploit inefficiencies in the pricing of mutual funds.

  • The Management Company may adopt the same resolution as applied for "Market Timing" practises in the case of "Frequent Trading" practises whenever such practises have the similar effects to those referred to in cases of "Market Timing" and namely when such practices may impair the efficient management of the Fund and have a detrimental effect on the interests of the other Unitholders.

  • TD Waterhouse will not maintain accounts that use mutual fund market timing practices, either through the use of Frequent Trading or Price Arbitrage Trading.

  • Under the APA,a decision may be overturned only upon finding the agency’s action to be “arbitrary, capricious, an abuse of discretion, or otherwise not in accordance with law.” Id. In determining whether the decision was arbitrary or capricious, four factors must be considered.

  • Market Timing and Frequent Trading PolicyThe Company does not knowingly allow dealing activity which is associated with market timing or frequent trading practices, as such practices may adversely affect the interests of all Shareholders.Market timing is held to mean subscriptions into, switches between, or redemptions from the various Classes of Shares that seek or could reasonably be considered to appear to seek profits through arbitrage or market timing opportunities.

  • A description of the Frequent Trading Policy is available to the Plan Sponsor upon request.

  • We will not maintain accounts that use mutual fund market timing practices, through the use of Frequent Trading or Price Arbitrage Trading.

  • Market Timing and Frequent Trading PolicyThe Company does not knowingly allow dealing activity which is associated with market timing or frequent trading practices, as such practices may adversely affect the interests of all Shareholders.Market timing is held to mean subscriptions into, switches between, or redemptions from the various classes of Shares that seek or could reasonably be considered to appear to seek profits through arbitrage or market timing opportunities.


More Definitions of Frequent Trading

Frequent Trading means the Client’s obligation to start trading within twenty (20) working days from the day of the opening of his/her trading account and to perform the minimum of ten (10) trades within three (3) months.
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Frequent Trading means frequent purchases and redemptions of U.S. registered open end fund shares by shareholders. Shareholders will be deemed to be engaged in Frequent Trading and may not exchange shares, (i) with respect to purchases and sales in Funds, within six months of purchase and (ii) with respect to Mutual Fund Securities, within three
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Frequent Trading means frequent purchases and redemptions of U.S.
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Related to Frequent Trading

  • Parent Trading Price means the volume weighted average closing sale price of one (1) share of Parent Common Stock as reported on NYSE for the ten (10) consecutive trading days ending on the trading day immediately preceding the Acceptance Time (as adjusted as appropriate to reflect any stock splits, stock dividends, combinations, reorganizations, reclassifications or similar events).

  • Public Trading Date means the first date upon which Common Stock is listed (or approved for listing) upon notice of issuance on any securities exchange or designated (or approved for designation) upon notice of issuance as a national market security on an interdealer quotation system.

  • Scheduled Trading Day means a day that is scheduled to be a Trading Day on the principal U.S. national or regional securities exchange or market on which the Common Stock is listed or admitted for trading. If the Common Stock is not so listed or admitted for trading, “Scheduled Trading Day” means a Business Day.

  • Last Trading Day means, for a particular Contract, the last date on which that Contract may be traded on the Market.

  • Late Trading means the illegal practice of pricing a purchase or redemption order for shares of an open-end Fund with the current day share price even though the order is received after the pricing time established in the Fund’s prospectus. Late trading often involves a coordinated effort by the investor and a broker or service provider for the Fund.

  • Principal Trading Market means the Trading Market on which the Common Stock is primarily listed on and quoted for trading, which, as of the date of this Agreement and the Closing Date, shall be the NASDAQ Global Market.

  • Announcement Date means the first general public announcement or the first communication generally to shareholders of a corporation, whichever is earlier, of the proposal or intention to make a proposal concerning a business combination.

  • Street Trading means the selling or exposing or the offering for sale of any article (including a living thing) or the supplying or offering to supply any service in a street for gain or reward.

  • Trading Date means the closing of the first sale to the general public of the Shares pursuant to a registration statement filed with and declared effective by the U.S. Securities and Exchange Commission under the Securities Act.

  • Investment Period means, and shall be equal to, the Standard Investment Period.

  • algorithmic trading means trading in financial instruments where a computer algorithm automatically determines individual parameters of orders such as whether to initiate the order, the timing, price or quantity of the order or how to manage the order after its submission, with limited or no human intervention. This definition does not include any system that is only used for the purpose of routing orders to one or more trading venues or for the confirmation of orders;

  • Public Market means any time after (x) a Public Equity Offering has been consummated and (y) at least 15% of the total issued and outstanding common stock of the Company has been distributed by means of an effective registration statement under the Securities Act or sales pursuant to Rule 144 under the Securities Act.

  • Investment End Date : means 11 November 2022, or if such day is not a Scheduled Trading Day, the following day which is a Scheduled Trading Day.

  • Trading Day means a day on which the principal Trading Market is open for trading.

  • VWAP Trading Day means a Business Day.

  • Potential Change of Control Announcement means any public announcement or statement by the Issuer or by any actual or potential bidder or any designated adviser thereto relating to any specific or any near-term potential Change of Control (whereby "near-term" shall mean that such potential Change of Control is reasonably likely to occur, or is publicly stated by the Issuer or by any such actual or potential bidder or any such designated adviser to be intended to occur, within four months of the date of such announcement or statement).

  • Trading Hours means the hours of trading as set forth on the Trading Platform for a particular Underlying Asset.

  • Current Per Share Market Price of any security (a "Security" for purposes of this definition), for all computations other than those made pursuant to Section 11(a)(iii) hereof, shall mean the average of the daily closing prices per share of such Security for the thirty (30) consecutive Trading Days immediately prior to such date, and for purposes of computations made pursuant to Section 11(a)(iii) hereof, the Current Per Share Market Price of any Security on any date shall be deemed to be the average of the daily closing prices per share of such Security for the ten (10) consecutive Trading Days immediately prior to such date; provided, however, that in the event that the Current Per Share Market Price of the Security is determined during a period following the announcement by the issuer of such Security of (i) a dividend or distribution on such Security payable in shares of such Security or securities convertible into such shares or (ii) any subdivision, combination or reclassification of such Security, and prior to the expiration of the applicable thirty (30) Trading Day or ten (10) Trading Day period, after the ex-dividend date for such dividend or distribution, or the record date for such subdivision, combination or reclassification, then, and in each such case, the Current Per Share Market Price shall be appropriately adjusted to reflect the current market price per share equivalent of such Security. The closing price for each day shall be the last sale price, regular way, or, in case no such sale takes place on such day, the average of the closing bid and asked prices, regular way, in either case as reported in the principal consolidated transaction reporting system with respect to securities listed or admitted to trading on the New York Stock Exchange or, if the Security is not listed or admitted to trading on the New York Stock Exchange, as reported in the principal consolidated transaction reporting system with respect to securities listed on the principal national securities exchange on which the Security is listed or admitted to trading or, if the Security is not listed or admitted to trading on any national securities exchange, the last sale price or, if such last sale price is not reported, the average of the high bid and low asked prices in the over-the-counter market, as reported by Nasdaq or such other system then in use, or, if on any such date the Security is not quoted by any such organization, the average of the closing bid and asked prices as furnished by a professional market maker making a market in the Security selected by the Board of Directors of the Company. If on any such date no market maker is making a market in the Security, the fair value of such shares on such date as determined in good faith by the Board of Directors of the Company shall be used. If the Preferred Shares are not publicly traded, the Current Per Share Market Price of the Preferred Shares shall be conclusively deemed to be (x) the Current Per Share Market Price of the Common Shares as determined pursuant to this Section 1(j), as appropriately adjusted to reflect any stock split, stock dividend or similar transaction occurring after the date hereof, multiplied by (y) 1,000. If the Security is not publicly held or so listed or traded, Current Per Share Market Price shall mean the fair value per share as determined in good faith by the Board of Directors of the Company, whose determination shall be described in a statement filed with the Rights Agent and shall be conclusive for all purposes.

  • 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.