Trading Privileges Sample Clauses
The Trading Privileges clause defines the rights and conditions under which a party is permitted to engage in trading activities within a specified market or platform. It typically outlines eligibility requirements, any limitations or restrictions on trading, and the procedures for obtaining or losing such privileges. For example, it may specify that only registered members in good standing can execute trades, or that certain products are restricted to qualified participants. The core function of this clause is to establish clear rules for who can trade and under what circumstances, thereby ensuring orderly market conduct and managing access to trading opportunities.
Trading Privileges. An employee may trade his or her tour of duty with another employee of the same rank within his/her unit with the approval of his/her Commanding Officer, provided said trade results in no net increase in cost to the City and further provided that employees shall not exceed one trade for every two pay periods. Such trades shall be paid back within 90 days.
Trading Privileges. A Flight Attendant may trade pairings, reserve days, lines of time, reserve months, vacations, and Recurrent Training (provided such training is performed by the Flight Attendant during the required time limits) with other Flight Attendants or Reserve Flight Attendants. Flight Attendants may trade pairings and vacation weeks an unlimited number of times. Crew Scheduling will assist Flight Attendants with system-denied trip trades involving overlap illegalities provided the Scheduling work environment permits. Crew Scheduling will determine whether the Scheduling work environment permits the processing of the trip trade at the time the Flight Attendant contacts Crew Scheduling. The pairing being traded must be in the current month. Overlap illegalities must exist on the Flight Attendant’s line when the Flight Attendant contacts Crew Scheduling. The Flight Attendant cannot create any additional types of illegalities as a result of the trip trade.