MARKET MAKING Sample Clauses

MARKET MAKING. 14.1 When Tickmill Ltd executes orders as Agent for the Client on a recognized stock or futures exchange, Tickmill Ltd will not be a party to such a trade as such orders will be executed in the trading system of the relevant exchange at the best price and the most favourable conditions available at the time of the order or according to the Client's specific instructions, e.g. in a situation where the Client has chosen to limit the order. Tickmill Ltd will not include any additional spread in the price of the execution achieved for the Client but will be remunerated according to the Commissions, Charges & Margin Schedule. 14.2 The Client is specifically made aware that in certain markets, including the foreign exchange markets, OTC foreign exchange options and CFD Contracts, Tickmill Ltd may act as a Market Maker. 14.3 When acting as a Market Maker, Tickmill Ltd will under normal market circumstances quote the Client bid and ask prices. 14.4 In order for Tickmill Ltd to quote prices with the swiftness normally associated with speculative trading, Tickmill Ltd may have to rely on available price or availability information that may later prove to be faulty due to specific market circumstances, for instance, but not limited to, lack of liquidity in or suspension of an asset or errors in feeds from information providers or quotes from Counterparties. If so and if Tickmill Ltd has acted in good faith when providing the price to the Client, Tickmill Ltd may cancel the trade with the Client but shall do so within reasonable time and shall provide the Client with a full explanation for the reason for such cancellation. 14.5 Following execution of any position with a Client, Tickmill Ltd may at Tickmill Ltd's reasonable discretion subsequently offset each such client position with another client position, or a position with one of Tickmill Ltd's Counterparties or retain a proprietary position in the market with the intention to obtain trading profits from such positions. Such decisions and actions may therefore result in Tickmill Ltd offsetting client positions at prices different (sometimes significantly different) from prices quoted to clients, resulting in trading profits or losses for Tickmill Ltd. This in turn can raise the possibility of the Client incurring what may be seen as an implied cost (i.e. the difference between the price at which the Client traded with Tickmill Ltd and the price at which Tickmill Ltd subsequently traded with Counterparties and/or o...

MARKET MAKING. (a) For the sole benefit of Xxxxxxx, Xxxxx & Co. (in such capacity, the “Market-Maker”) or any of its affiliates (as defined in the rules and regulations of the SEC), so long as (x) any of the Registrable Securities are outstanding and (y) it would be necessary under applicable laws, rules and regulations, in the reasonable opinion of the Market-Maker, for the Market-Maker or any of its affiliates to deliver a prospectus in connection with market-making activities with respect to the Registrable Securities and the Market-Maker or such affiliate proposes to make a market in the Registrable Securities or Exchange Securities as part of its business in the ordinary course, the following provisions shall apply for the sole benefit of the Market-Maker: (i) The Issuer shall file under the Securities Act one or more registration statements, in a form approved by the Market-Maker (each such filing, a “Market-Making Registration,” and each such registration statement, a “Market-Making Registration Statement”). The Issuer agrees to use its commercially reasonable efforts to cause a Market-Making Registration Statement with respect to the Exchange Securities (and, upon reasonable request by the Market-Maker, the Issuer will use commercially reasonable efforts to have such Market-Making Registration Statement also cover the Securities) to be declared effective on or prior to (i) the date the Exchange Offer is completed pursuant to Section 2(a) above or (ii) the date the Initial Shelf Registration Statement becomes or is declared effective pursuant to Section 3 above, and, in each case, to keep such Market-Making Registration Statement continuously effective for so long as the Market-Maker may be required to deliver a prospectus in connection with transactions in the Registrable Securities or the Exchange Securities, as the case may be. In the event that the Market-Maker holds Registrable Securities or Exchange Securities at the time the Exchange Offer is to be conducted under Section 2(a) above, the Issuer agrees that the applicable Market-Making Registration shall provide for the resale by the Market-Maker of such Registrable Securities or Exchange Securities, as the case may be, and shall use its commercially reasonable efforts to keep the Market-Making Registration Statement continuously effective for so long as the Market-Maker may be required to deliver a prospectus in connection with the sale of such Registrable Securities or Exchange Securities, as the case may ...

MARKET MAKING. In certain markets, including the foreign exchange markets and CFD Contracts, the Company may act as a ‘Market Maker’, i.e., we may take the risk of holding a certain number of Supported Financial Instruments in order to facilitate trading in these Financial Instruments by displaying/quoting ‘bid’ and ‘ask’ prices (‘buy’ and ‘sell’ quotations) for such Supported Financial Instruments on our Online Trading Facility and filling Orders received in respect to such Supported Financial Instruments from our own inventory or seeking an Offsetting Order. Following execution of any position, we may, at its reasonable discretion, subsequently off-set each such position with you with another client position or with a position with one of our counterparties, or it may decide to retain a proprietary position in the Market with the intention to obtain trading profits from such positions. Such decisions and actions may therefore result in off-setting client positions at prices that are different from the Price Quotes initially provided to you, resulting in trading profits or losses for our Company. This in turn can raise the possibility of you incurring an implied cost (i.e., the difference between the price at which you traded with Us and the price at which the company subsequently traded with its counterparties and/or other clients), due to any profits realised by our company as a result of the Market Making function. However, please note that the Market Making function may involve significant costs to the company if the market moves against it in comparison to the price at which we traded with you. The Client hereby accepts that in such Markets where the Company acts as Market Maker, it may hold positions that are contrary to Clients’ positions, resulting in potential conflicts of interest. In Markets, where the Company acts as a Market Maker, the Client accepts that the company has no obligation to quote prices to the clients, at any time in any given Market, nor shall it have an obligation to provide such Price Quotes to the Client and/or any of its other clients with a specific maximum spread. You acknowledge, recognise and accept that the Price Quotes provided to you include a ‘spread’ when compared with the price for which the company may have covered or expected to be able to ‘cover’ the Transaction or Contract in a trade with another client or a counterparty; furthermore, you acknowledge, recognise and accept the said ‘spread’ constitutes remuneration to the Com...

MARKET MAKING. The Manager may nominate the brokerage account that the Company will sell through and its associated market maker(s).

MARKET MAKING. Xxxxxx Xxxxxxxx agrees to use its best efforts to maintain a market after the Offering and to solicit other broker-dealers to make a market in the Common Stock at the conclusion of the Offering.

MARKET MAKING. 2.1 On the basis of the representations and warranties contained in this Agreement and subject to the terms and conditions herein, the Market Maker hereby agrees to: Subscribe upto 373200 equity shares being the market maker reservation portion as specified in the Red Xxxxxxx Prospectus and Prospectus, on a firm basis and pay the amounts as are specified in the Red Xxxxxxx Prospectus and Prospectus. The Market Maker agrees not to withdraw its application. 2.2 The Market Maker shall be required to provide a 2-way quote for 75% of the time in a day. The same shall be monitored by the stock exchange. Further, the Market Maker(s) shall inform the exchange in advance for each and every black out period when the quotes are not being issued by the Market Maker 2.3 The prices quoted by the Market Maker shall be in compliance with the requirements and other particulars as specified by the Emerge Platform of NSE (NSE EMERGE) and SEBI from time to time. 2.4 The minimum depth of the quote shall be ₹ 1,00,000/- However, the investors with holdings of value less than ₹ 1,00,000/- shall be allowed to offer their holding to the Market Maker in that scrip provided that he sells his entire holding in that scrip in one lot. 2.5 The Market Maker shall not sell in lots less than the minimum contract size allowed for trading on the Emerge Platform of NSE. 2.6 After a period of three (3) months from the market making period, the Market Maker would be exempted to provide quote if the Shares of Market Maker in our company reaches to 25% of Issue Size. Any Equity Shares allotted to Market Maker under this Issue over and above 25% of Issue Size would not be taken into consideration of computing the threshold of 25% of Issue Size. As soon as the Shares of Market Maker in our Company reduces to 24% of Issue Size, the Market Maker will resume providing 2-way quotes. 2.7 The Inventory Management and Buying/Selling Quotations and its mechanism shall be as per the relevant circulars issued by SEBI and Emerge Platform of National Stock Exchange of India Limited i.e. NSE EMERGE from time to time. 2.8 There shall be no exemption/threshold on downside. However, in the event the Market Maker exhausts his inventory through market making process, NSE may intimate the same to SEBI after due verification. 2.9 Execution of the order at the quoted price and quantity must be guaranteed by the Market Maker for the quotes given by him. 2.10 There would not be more than five Market Makers for a script a...

MARKET MAKING. The Company hereby agrees after the consummation of an Exchange Offer or the effectiveness of a Shelf Registration Statement and for so long as the 13% Notes are outstanding, if, in the judgment of MS&Co., it or any of its affiliates (as such term is defined in the rules and regulations under the 0000 Xxx) is required to deliver a prospectus in connection with sales of, or market-making activities with respect to, such securities, (A) to periodically amend the applicable registration statement so that the information contained therein complies with the requirements of Xxxxxxx 00(x) xx xxx 0000 Xxx, (X) within 45 days following the end of the Company's most recent fiscal quarter, other than the last fiscal quarter of any fiscal year, to file a supplement to the prospectus included in the applicable registration statement which sets forth the financial results of the Company for the previous quarter, (C) within 90 days following the end of the Company's most recent fiscal year, to file an amendment to the applicable registration statement which sets forth the financial results of the Company for the previous year, (D) to amend the applicable registration statement or supplement, the related prospectus or the documents incorporated therein when necessary to reflect any material changes in the information provided therein so that the registration statement and the prospectus will not contain any untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in light of the circumstances existing as of the date the prospectus is so delivered, not misleading and (E) to provide MS&Co. with copies of each such amendment or supplement as MS&Co. may request.

MARKET MAKING. ‌ 8.1 The Issuer undertakes to ensure market making for the COSIs for the entire duration that they are admitted to trading and listed. To this end, the Issuer or a third party charged by the Issuer with this task shall conclude a Market Making Agreement with SSX. 8.2 Under the terms of the Market Making Agreement, the market maker may be replaced by a successor acceptable to SSX and the Issuer.

MARKET MAKING. ‌ 19.1. When the Company executes orders as Agent for the Client on a recognized stock or futures exchange, the Company will not be a party to such a trade as such orders will be executed in the trading system of the relevant exchange at the best price and the most favorable conditions available at the time of the order or according to the Client's specific instructions, e.g. in a situation where the Client has chosen to limit the order. the Company will not include any additional spread in the price of the execution achieved for the Client but will be remunerated according to the Commissions, Charges & Margin Schedule. 19.2. The Client is specifically made aware that in certain markets, including the foreign exchange markets, OTC foreign exchange options and CFD Contracts, the Company may act as a Market Maker. 19.3. When acting as a Market Maker, the Company will under normal market circumstances quote the Client bid and ask prices. 19.4. In order for the Company to quote prices with the swiftness normally associated with speculative trading, the Company may have to rely on available price or availability information that may later prove to be faulty due to specific market circumstances, for instance, but not limited to, lack of liquidity in or suspension of an asset or errors in feeds from information providers or quotes from Counterparties. If so and if the Company has acted in good faith when providing the price to the Client, the Company may cancel the trade with the Client but shall do so within reasonable time and shall provide the Client with a full explanation for the reason for such cancellation. 19.5. Following execution of any position with a Client, The Company may at its reasonable discretion subsequently offset each such client position with another client position, or a position with one of The Company's Counterparties or retain a proprietary position in the market with the intention to obtain trading profits from such positions. Such decisions and actions may therefore result in The Company offsetting client positions at prices different (sometimes significantly different) from prices quoted to clients, resulting in trading profits or losses for The Company. This in turn can raise the possibility of the Client incurring what may be seen as an implied cost (i.e. the difference between the price at which the Client traded with The Company and the price at which The Company subsequently traded with Counterparties and/or other clients) due to...

MARKET MAKING. If applicable, RBCO agrees to use its best efforts to maintain a market and to solicit other broker-dealers to make a market in the Common Stock so that there will be at least three market makers for the Common Stock after the Offering.