Examples of ICE NGX Trading System in a sentence
Resolution of ICE NGX Trading System Issues – Exchange shall use commercially reasonable efforts to resolve and correct each Critical ICE NGX Trading System Issue as quickly as possible and, Exchange shall use commercially reasonable efforts to resolve and correct any Non-Critical ICE NGX Trading System issue within a reasonable time under the circumstances.
Exchange will activate designated persons for trading in specific Products on the ICE NGX Trading System and/or ICE NGX Clearing System based on instructions from the Administrator, and access by the Contracting Party to the applicable Transportation System pursuant to Section 2.6 of the Terms and Conditions.
Upon learning of or suspecting any such fraud or breaches of security, that could affect the Contracting Party, Exchange will immediately notify the Contracting Party and take all commercially reasonable steps to remedy the situation, including without limitation halting the Contracting Party’s access to the ICE NGX Trading System and ICE NGX Clearing System and withdrawing all of the Contracting Party’s Orders from the ICE NGX Trading System.
Exchange will monitor the ICE NGX Trading System and ICE NGX Clearing System for and take commercially reasonable steps to prevent fraud and breaches of security.
Network Security – Exchange shall use commercially reasonable efforts to ensure that security systems and procedures designed to prevent unauthorized access to the ICE NGX Trading System and ICE NGX Clearing System through any network connections between the Contracting Party and the ICE NGX Trading System and ICE NGX Clearing System are implemented and maintained.
Access to ICE NGX Trading System and ICE NGX Clearing System – Exchange will provide access to the ICE NGX Trading System and ICE NGX Clearing System to the Contracting Party for such periods on each Business Day for Transactions in all Products that are available for trading and/or clearing as the case may be as may be designated by notice to the Contracting Parties from time to time, and may provide access on non-Business Days for trading and/or clearing as the case may be in some or all Products.
Physically Settled Power Futures Products are available for trading on the ICE NGX Trading System.
Notice by Contracting Party – Whenever a Contracting Party has entered into a Transaction in error through the ICE NGX Trading System or into the ICE NGX Clearing System (pursuant to an Exchange of Futures for Related Product Transaction) has been entered in error, such Contracting Party may bring such error to the attention of Exchange within ten (10) minutes after such error occurs.
Exchange will use its commercially reasonable efforts to provide alternative trading capabilities within three Business Days in the event that access to the ICE NGX Trading System and/or ICE NGX Clearing System cannot be resumed.
Consequences of General Suspension – The consequences of a General Suspension will be that Exchange may refuse access to the ICE NGX Trading System and/or ICE NGX Clearing System by the Contracting Parties for any or all Products.