Trade Rotation Policy Sample Clauses

Trade Rotation Policy. MFWM has adopted a trade rotation policy that is designed to ensure that we do not trade on behalf of any group of clients in a manner that unintentionally favors client accounts held at one Custodian over another. To meet this objective, we have established written trade rotation procedures. Along with using block trades to aggregate client accounts who use the same Custodian (as described above), we utilize a rotation schedule, which lists the trade rotation order used when MFWM places trades among different Custodians. The rotation schedule is designed as an internal control to ensure that all client accounts are treated fairly and equitably over time to the extent it is practicable. Custodians are placed on a daily rotation schedule with the first Custodian to begin trading on a particular day then moving to the bottom of the order on the next day, and so on. The potential impact to execution prices would be movement in the underlying security (of which the impact could be positive or negative to client accounts held at any particular Custodian in the trade rotation on that trading day). As such, you acknowledge and agree that where your Account falls in the rotation could favorably or adversely affect your execution relative to other clients. However, the nature of trade rotation is intended in the long run to provide fair placement and execution to all clients across Custodians.
Sample 1
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Trade Rotation Policy. MFWM has adopted policies to ensure orders are not entered first on behalf of the clients of the same Custodian each day. The trade rotation policy is designed to ensure that we do not trade on behalf of any group of clients in a manner that unintentionally favors client accounts held at one Custodian over another. To meet this objective, we have established written trade rotation procedures. Along with using block trades to aggregate client accounts who use the same Custodian (as described above), we utilize a rotation schedule, which lists the trade rotation order used when MFWM places trades among different Custodians. The rotation schedule is designed as an internal control to ensure that all client accounts are treated fairly and equitably over time to the extent it is practicable. Custodians are placed on a daily rotation schedule with the first Custodian to begin trading on a particular day then moving to the bottom of the order on the next day, and so on. The potential impact to execution prices would be movement in the underlying security (of which the impact could be positive or negative to client accounts held at any particular Custodian in the trade rotation on that trading day). As such, you acknowledge and agree that where a your Account falls in the rotation could favorably or adversely affect your execution relative to other clients. However, the nature of trade rotation is intended in the long run to provide fair placement and execution to all clients across Custodians.
Sample 1

Related to Trade Rotation Policy

  • Vacation Policy The Executive shall be entitled to a paid vacation of four weeks during each year of the Term.

  • Promotion Policy The Director of Human Resources, upon request of an appointing authority, shall determine whether an examination is to be called on a promotional basis.

  • NO LEMON POLICY This Agreement provides that following the expiration of the term of the Covered Product’s manufacturer’s warranty, and subject to Our Limit of Liability, after three (3) service repairs have been completed for the Covered Product for the same problem, as determined in Our sole discretion, in lieu of performing a fourth (4th) repair on the Covered Product, We may replace it with a product of like kind or similar features, or issue a check to You in an amount not to exceed the remaining limit of liability as determined in accordance with the section titled “LIMIT OF LIABILITY.” If We replace the Covered Product, all Our obligations for the Covered Product under this Agreement terminate.

  • Retention Policy City shall retain ten percent (10%) of the amount due for Required Services detailed on each invoice (the “holdback amount”). Upon City review and determination of Project Completion, the holdback amount will be issued to Consultant.

  • Termination Policy (A) MCHCP may terminate a public entity for any of the following reasons:

  • Competition Policy 1. The Parties recognize the importance of cooperation and technical assistance between their national competition authorities, including inter alia, the exchange of information and experiences, and the improvement of technical capacities in order to reinforce their competition policies. 2. In this sense, cooperation shall be conducted in accordance with their respective domestic laws and through their national competition authorities, who may sign a cooperation agreement.

  • Cancellation Policy Client is responsible for payment of the agreed upon fee for any missed session(s). Client is also responsible for payment of the agreed upon fee for any session(s) for which Client failed to give Therapist at least 24 hours’ notice of cancellation. Cancellation notice should be left on Therapist’s voice mail at 925-322-1681.

  • Union Policy Grievance The Union may institute a grievance consisting of an allegation of a general misinterpretation or a violation by the Employer of this Agreement in writing at Step Number 2 of the grievance procedure, providing that it is presented within ten (10) working days after the circumstances giving rise to the grievance have originated or occurred. However, it is expressly understood that the provisions of this clause may not be used to institute a grievance directly affecting an employee or employees which such employee or employees could themselves initiate as an individual or group grievance and the regular grievance procedure shall not be thereby bypassed.

  • Cancellation Policies Please refer to the Deposit and Cancellation Schedule on the previous page. Cancellation by GCRC: GCRC may, in its sole discretion, cancel an itinerary or portion of an itinerary at any time, prior to departure. Other than as a result of force majeure, GCRC will repay the deposit or charges for the itinerary or, where appropriate, a reasonable pro rata share thereof. In the event of cancellation of an itinerary in progress, GCRC may select and make available alternative transportation by bus or other means from the point of cancellation to the location where the cancelled itinerary was scheduled to conclude, or the place of its commencement, and reasonable accommodation (if any) required in the course of that return transportation. In no circumstances will GCRC be liable to provide or pay for any further payment, compensation, transportation, or accommodation including (without restriction) further transportation to your home or any other location. Except as specifically provided in this paragraph, the cancellation of an itinerary or portion of an itinerary by GCRC will be subject to the limitation of liability contained in section 10 of this Agreement.

  • Return Policy You will properly disclose to the Cardholder, at the time of the transaction and in accordance with the Rules, any limitation you have on accepting returned merchandise.

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