Common use of Economic Announcement or Unusual Market Period Clause in Contracts

Economic Announcement or Unusual Market Period. Market Maker may refrain from submitting Post-Only Quotes during any Economic Announcement or Unusual Market Period, as defined below. A Market Maker that chooses to submit Post-Only Quotes during an Economic Announcement or Unusual Market Period will be a. The five (5) minutes prior to the scheduled announcement and the five (5) minutes after the announcement of any major economic indicator; or b. any unusual market condition or price volatility which is determined by xxxxxx.xxx | Derivatives North America, acting reasonably and in consultation with Market Maker, to prevent the maintenance of an orderly market.

Appears in 4 contracts

Samples: Market Maker Agreement, Market Maker Agreement, Market Maker Agreement

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