Off exchange Sample Clauses
The Off-Exchange clause defines the rules and conditions under which transactions may occur outside of formal, regulated exchanges. Typically, this clause specifies the types of trades or instruments that can be executed off-exchange, outlines any reporting or transparency requirements, and may set limits or procedures to ensure compliance with applicable laws. By establishing clear guidelines for off-exchange transactions, the clause helps manage regulatory risk and ensures that parties understand the boundaries and obligations associated with such trades.
Off exchange. It may not always be apparent whether or not a particular derivative is on or off-exchange. Your broker must make it clear to you if you are entering into an off exchange derivative transaction. While some off-exchange markets are highly liquid, transactions in off-exchange or "nontransferable" derivatives may involve greater risk than investing in on-exchange derivatives because there is no exchange market on which to close out an open position, i.e. these might be securities that are not readily realizable instruments. It may be impossible to liquidate an existing position, to assess the value of the position arising from an off-exchange transaction or to assess the exposure to risk. Bid and offer prices need not be quoted, and, even where they are, they will be established by dealers in these instruments and consequently it may be difficult to establish what is a fair price.
Off exchange. Transactions - Transactions in off-exchange warrants may involve greater risk than dealing in exchange traded warrants because there is no exchange market through which to liquidate your position, to assess the value of the warrant or the exposure to risk. Bid and offer prices need not be quoted, and even where they are, they will be established by dealers in these instruments and consequently it may be difficult to establish what is a fair price. Your broker must make it clear to you if you are entering into an off-exchange transaction and advise you of any risks involved.
Off exchange. A Subscriber is a person who has signed the application for individual health coverage, or a person on whose behalf an application has been signed by the appropriate legal representative, and which has been accepted by Us. The Subscriber must be a Louisiana resident at time of application and while covered.
Off exchange. 8.1. The Company may deal through Exchanges and numerous Retail Service Providers and Market Makers. The Company may place a Client’s order outside of an Exchange if this satisfies and is in accordance with the Order Execution Policy of the Company. By accepting these Agreement, the Client agrees and acknowledges that the Company will be entering into transactions for and on Client’s behalf outside a regulated market or a Multilateral Trading Facility, as defined in clause 23 (“Interpretation of Terms”) below herein.