Execution of Redemption Orders. a. Redemption Orders may be submitted only on days that the Trust is open for business, as required by section 22(e) of the Investment Company Act of 1940, as amended (the “1940 Act”).
Appears in 9 contracts
Samples: Authorized Participant Agreement (Manager Directed Portfolios), Authorized Participant Agreement (Listed Funds Trust), Authorized Participant Agreement (Manager Directed Portfolios)
Execution of Redemption Orders. a. (a) The Participant understands and agrees that Redemption Orders may be submitted only on days that the Trust is open for business, as required by section Section 22(e) of the Investment Company Act of 1940, as amended (the “1940 Act”).
Appears in 1 contract
Samples: Authorized Participant Agreement (Direxion Shares ETF Trust)