Trading Only definition

Trading Only category shall mean that a securities broker can only execute its proprietary trades and trades on behalf of its customers but cannot settle executed trades or keep custody of securities or money owned by it and its customers.
Sample 1Sample 2Sample 3
Trading Only category shall mean that a securities broker can only execute its proprietary trades and trades on behalf of its customers but cannot settle executed trades or keep custody of securities.
Sample 1Sample 2Sample 3

Examples of Trading Only in a sentence

  • CRF for customers of Trading Only Securities Broker which shall maintain custody of securities with PCM or Trading and Clearing Securities Broker has been newly inserted in Annexure-I to Chapter 4.

  • STATUTORY AUDIT OF THE SECURITIES BROKERS:All Securities Brokers shall have their statutory audit conducted by an auditor enlisted within Category ‘A’ or ‘B’ of the SBP’s Panel of Auditors.Provided that the requirement of Category ‘A’ or ‘B’ auditor under this clause shall not apply to a Trading Only Securities Broker which has transferred its custody and clearing functions completely including proprietary.

  • Issuers seeking admission to Admission to Trading Only should have regard to Schedule 6.

  • In addition to the provisions contained in Rules 2.1 to 2.9, an issuer applying for admission to or has been admitted to Admission to Trading Only must comply with the rules at Schedule 6.

  • STATUTORY AUDIT OF THE SECURITIES BROKERS:All Securities Brokers shall have their statutory audit conducted by an auditor enlisted within Category ‘A’ or ‘B’ of the SBP’s Panel of Auditors.Provided that the requirement of Category ‘A’ or ‘B’ auditor under this clause shall not apply to a Trading Only Securities Broker which has transferred its custody and clearing functions completely including proprietary and Online Only Securities Broker.

  • Cover the whole planted area with mulch to a depth greater than three centimetres.material.

  • Issuers seeking admission to Admission to Trading Only should have regard to Schedule 6 Prior to admission, new applicants who are applying for admission to trading must submit the appropriate forms within the timeframe set out in the Standards.

  • Trading Only the banks subject to the market shock scenario are required to complete this worksheet.The Trading worksheet collects firm-wide trading profit and loss (P/L) results decomposed into the various categories listed (e.g., Equities, FX, Rates) as of a date specified by the OCC or another recent reporting date prior to the supplied as-of date as appropriate (see When to Report section of the General Instructions for additional detail).

  • In addition to the provisions contained in Rules 2.1 to 2.9, an issuer applying for admission to or has been admitted to Admission to Trading Only must comply with the rules at Schedule 6 [Pending SEN 02/16].

  • Rule 15.19: Securities Eligible for Trading Only securities that are included on the list of eligible securities may be traded on or through The Exchange’s systems and facilities.

Related to Trading Only

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

  • Trading Window means a trading period for trading in Company‘s Securities as specified by the Company from time to time.

  • 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.

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

  • Trading means and includes subscribing, buying, selling, dealing, or agreeing to subscribe, buy, sell, deal in any securities, and "trade" shall be construed accordingly.

  • Non-Trading Operation means any operation involving the deposit of funds, withdrawal from a Client's Account or the provision (return) of Credit.

  • Primary Market means on any of (a) the American Stock Exchange, (b) New York Stock Exchange, (c) the Nasdaq Global Select Market, (d) the Nasdaq Global Market, (e) the Nasdaq Capital Market, or (e) the Over-the-Counter Bulletin Board (“OTCBB”)

  • Subsequent Market means the New York Stock Exchange, American Stock Exchange, Nasdaq SmallCap Market or Nasdaq National Market.

  • Secondary Market refers to a bulletin board platform at wxx.xxxxxxxxxxx.xx created by Masterworks.

  • VWAP Trading Day means a Business Day.

  • Trading Period means the term as defined in the NEPOOL GIS Operating Rules.

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

  • placing on the market means the first making available of a product on the Union market;

  • Trading Volume means the volume of shares of the Company's Common Stock that trade between 9:30 AM and 4:00 PM, New York City Time, on any Business Day, and shall expressly exclude any shares trading during "after hours" trading.

  • Trading Market means any of the following markets or exchanges on which the Common Stock is listed or quoted for trading on the date in question: the NYSE American, the Nasdaq Capital Market, the Nasdaq Global Market, the Nasdaq Global Select Market or the New York Stock Exchange (or any successors to any of the foregoing).

  • First Trading Date means 28 April 2022.

  • Trading Session means the period of time during any given calendar day, commencing with the determination of the opening price on the Applicable Exchange and ending on the determination of the closing price on the Applicable Exchange during the regular trading session, in which trading in UTC Shares, Carrier Shares or Otis Shares (as applicable) is permitted on the Applicable Exchange.

  • Trading Disruption means (a) with respect to an Index(other than a Multiple Exchange Index), any suspension of or limitation imposed on trading by the relevant Exchange or Related Exchange or otherwise and whether by reason of movements in price exceeding limits permitted by the relevant Exchange or Related Exchange or otherwise (i) on any relevant Exchange(s) relating to securities that comprise 20 per cent. or more of the level of the relevant Index, or (ii) in futures or options contracts relating to the relevant Index on any relevant Related Exchange; or (b) with respect to a Multiple Exchange Index, any suspension of or limitation imposed on trading by the relevant Exchange or Related Exchange or otherwise and whether by reason of movements in price exceeding limits permitted by the relevant exchange or Related Exchange or otherwise (i) relating to any Component Security on the Exchange in respect of such Component Security, or (ii) in futures or options contracts relating to the relevant Indexon any relevant Related Exchange.

  • Trading Access means the right granted to a Person to send RFQs or place Orders and/or enter into transactions for certain or all Swaps to the SEF Platform or execute Swaps subject to the BSEF Rules.

  • Average Daily Trading Volume means the average trading volume of the Company’s Common Stock in the ten (10) Trading Days immediately preceding the respective Put Date.

  • Applicable Exchange means the New York Stock Exchange or such other securities exchange as may at the applicable time be the principal market for the Common Stock.

  • Trading Cushion means the mandatory minimum fifteen (15) Trading Days between Put Dates.

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

  • Day-Ahead Market has the meaning set forth in the CAISO Tariff.

  • Principal Market means the Nasdaq National Market, the Nasdaq SmallCap Market, the American Stock Exchange, the OTC Bulletin Board or the New York Stock Exchange, whichever is at the time the principal trading exchange or market for the Common Stock.