Examples of Recipient Participant in a sentence
The SEF Platform will permit the Requesting Participant to execute against such firm Resting Quotes along with any responsive Order from a MAT Recipient Participant.
Together with the first response from any MAT Recipient Participant, the SEF Platform will display to a Requesting Participant any firm Resting Quotes for the Swap indicated in the RFQ that are posted on an Order Book together with any responses to the RFQ from the MAT Recipient Participants, and such Resting Quotes will remain displayed until all responses to the RFQ are received or the time for response has lapsed.
The Initiator must use reasonable endeavours to first check that the Recipient Participant is not Stopped.
For RFQT for foreign exchange Swaps in the event that any Recipient Participant provides an updated price at the same time as a Requesting Participant intends to accept a firm response to the RFQ, then the Requesting Participant’s Trade will be executed at such updated price, rather than at the price which the Requesting Participant intended to accept initially.
The URL must be provided by the Recipient Participant where they have opted in for webservices.