Common use of Equity Trading and Transaction Settlement Clause in Contracts

Equity Trading and Transaction Settlement. The equity trading desks execute buy and sell order based on instructions provided by affiliated advisers. The trading staff either places orders electronically or contacts brokers to place orders, find liquidity and seek price levels. Upon completion of a transaction, the transaction settlement group works with the broker and the account custodian to ensure timely and accurate exchange of securities and monies.

Appears in 207 contracts

Samples: Services Agreement (Federated Hermes Adviser Series), Services Agreement (Federated Hermes Municipal Securities Income Trust), Services Agreement (Federated Hermes Institutional Trust)

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Equity Trading and Transaction Settlement. The equity trading desks execute buy and sell order orders based on instructions provided by affiliated advisers. The trading staff either places orders electronically or contacts brokers to place orders, find liquidity and seek price levels. Upon completion of a transaction, the transaction settlement group works with the broker and the account custodian to ensure insure timely and accurate exchange of securities and monies.

Appears in 118 contracts

Samples: Services Agreement (Federated Hermes Adviser Series), Services Agreement (Federated Hermes Adviser Series), Services Agreement (Federated Hermes MDT Series)

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