Common use of Trading System Clause in Contracts

Trading System. an electronic trading system used for trading on the Exchange; unless the Exchange Rules and Regulations stipulate otherwise, a trading system operated by a business partner of the Exchange or a trading system the copyright on which belongs to a business partner of the Exchange, regardless of whether or not such a system is located within the Exchange’s registered office, shall be considered part of the Trading System, provided that the Exchange enables conclusion of Exchange Trades within the system.

Appears in 5 contracts

Samples: Exchange Rules for the Commodity Market, Exchange Rules for the Commodity Market, Exchange Rules

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!