Authorized Participants definition

Authorized Participants means the eligible institutional investor or TREC Holder of Exchange subject to the Authorized Participant Agreement signed between the parties.
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Authorized Participants means persons who are either physically
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Authorized Participants has the meaning described in Section 7.2.
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Examples of Authorized Participants in a sentence

  • The SEC has clarified that Section 11(d)(1) does not apply to broker-dealers that are not Authorized Participants (and, therefore, do not create Creation Unit Aggregations) that engage in both proprietary and customer transactions in Shares of a Fund in the secondary market, and for broker-dealer Authorized Participants that engage in creations of Creation Unit Aggregations.

  • The SEC has clarified that Section 11(d)(1) does not apply to broker- dealers that are not Authorized Participants (and, therefore, do not create Creation Unit Aggregations) that engage in both proprietary and customer transactions in Shares of a Fund in the secondary market, and for broker-dealer Authorized Participants that engage in creations of Creation Unit Aggregations.

  • The SEC has clarified that Section 11(d)(1) does not apply to broker-dealers that are not Authorized Participants (and, therefore, do not create Creation Unit Aggregations) that engage in both proprietary and customer transactions in Shares of a fund in the secondary market, and for broker-dealer Authorized Participants that engage in creations of Creation Unit Aggregations.

  • The AMC engages Authorized Participants for creating liquidity for the Units of the Scheme on the Stock Exchange(s) so that investors other than Authorized Participants and Large Investors are able to buy or redeem Units on the Stock Exchange(s) using the services of a stock broker.

  • Most retail investors will not qualify as Authorized Participants or have the resources to buy and sell whole Creation Units.

  • Mode of Payment for Purchase of Units of HDFC NIFTY 50 ETF / HDFC SENSEx ETFOngoing purchases directly from the Mutual Fund would be restricted to Authorized Participants and large Investors, provided the value of units to be purchased is in Creation Unit size and in multiples thereof.

  • Only Authorized Participants (as defined below) may place orders to create and redeem Baskets.

  • Additional Authorized Participants may be added at any time, subject to the discretion of the Sponsor.

  • Directly with the Mutual FundThe Scheme offers units for subscription / redemption directly with the Mutual Fund in creation unit size to Authorized Participants / Large Investors only, at NAV based prices on all Business Days during an ongoing offer period.

  • Authorized Participants of the Trust are the only entities who may place orders to create or, if permitted, redeem Baskets.


More Definitions of Authorized Participants

Authorized Participants mean the parties listed on Schedule I to the Participants Agreement, as may be amended from time to time.
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Authorized Participants means those entities that have entered into an Authorized Participant Agreement with the Fund, the Sponsor and the Fund’s transfer agent.
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Authorized Participants means those individuals who are employees, officers, or directors of consultant clients the Client.
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Authorized Participants means those entities that have entered into an Authorized Participant Agreement with the Trust, the Sponsor and the Fund’s transfer agent. “Creation Units” shall have the meaning given in the Trust’s transfer agency and service agreement with State Street Bank and Trust Company as transfer agent, dated as of the date of this Agreement. The Administrator shall provide the office facilities and the personnel determined by it to perform the services contemplated herein.
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Authorized Participants means China Renminbi, Hong Kong Dollars, Indonesian Rupiah, Korean Won, Malaysian Ringgits, Philippine Pesos, Singapore Dollars and Thai Baht and "Asian Currencies" means any of such currencies.: means the governments of China, Hong Kong, Indonesia, Korea, Malaysia, Philippines, Singapore and Thailand and "Asian Government" means any one of them.: means a broker or custodian who is a participant in CCASS, or who is able to effect transactions through a participant in CCASS, and who has entered into a Participant Agreement in form and substance acceptable to the Manager and the Trustee.
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Authorized Participants means those entities that have entered into an Authorized Participant Agreement with the Trust, the Sponsor and the Trust’s transfer agent. “Baskets” shall have the meaning given in the Trust’s transfer agency and service agreement with State Street Bank and Trust Company as transfer agent, dated as of the date of this Agreement.
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Related to Authorized Participants

  • Authorized Participant means a Person that, at the time of submitting a Purchase Order or a Redemption Order (i) is a registered broker-dealer, (ii) is a DTC Participant or an Indirect Participant and (iii) has in effect a valid Authorized Participant Agreement.

  • Authorized Participant Agreement means an agreement among the Trustee, the Sponsor and an Authorized Participant that authorizes the Authorized Participant to submit Purchase Orders and Redemption Orders under this Agreement.

  • Authorized Persons means such officers or such agents of a Fund as have been properly appointed pursuant to a resolution of the appropriate Board or Executive Committee, a certified copy of which has been provided to the Custodian, to act on behalf of the Fund under this Agreement. Each of such persons shall continue to be an Authorized Person until such time as the Custodian receives Proper Instructions that any such officer or agent is no longer an Authorized Person.

  • Program Participants means, for any CRP, the Centers (other than the Lead Center for such CRP) and any Partner receiving funding for activities under such CRP that are funded by the CGIAR Fund.

  • Depository Participant A broker, dealer, bank or other financial institution or other Person for whom from time to time a Depository effects book-entry transfers and pledges of securities deposited with the Depository.

  • Authorized Employee means an employee of Processor who has a need to know or otherwise access Personal Data to enable Processor to perform their obligations under this Addendum or the Agreement.