Agency Cross Transactions definition

Agency Cross Transactions has the meaning given to it in Section 3(a)(ix).
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Examples of Agency Cross Transactions in a sentence

  • The Affiliated Broker-Dealers are also authorized to execute agency cross transactions (the "Agency Cross Transactions") on behalf of each Fund.

  • As such, the Portfolio Manger believes that Agency Cross Transactions can provide meaningful benefits for each Fund and its clients generally.

  • Agency Cross Transactions enable the Portfolio Manager to aggregate purchases or sales of securities for the Fund at a set price and possibly to avoid an unfavorable price movement that may be created by placing such purchase or sale order into the market.

  • Wealthfront shall also send to Client, at least annually, a written statement identifying the total amount of such Agency Cross Transactions during the period included in the statement, and the total commissions or other remuneration received or to be received by Wealthfront or any of its affiliates in connection with such Agency Cross Transaction included in the statement.

  • Agency Cross Transactions are transactions which may be effected by the Affiliated Broker-Dealers acting for both the Fund and the counterparty to the transaction.

  • The consent to Agency Cross Transactions set forth in this Section may be revoked by Client at any time by notifying Wealthfront in writing.

  • Client recognizes that Wealthfront or its affiliates may receive commissions, and have a potentially conflicting division of loyalties and responsibilities regarding, both parties to such Agency Cross Transactions.

  • Authorization of Agency Cross Transactions Pursuant to Section 206(3) of the Investment Advisers Act of 1940 and Rule 206(3)-2 promulgated thereunder, the Client authorizes the Adviser to effect agency cross transactions for the Account and understands that with respect to agency cross transactions the Adviser will act as broker for, and receive commissions from, and have a potentially conflicting division of loyalties and responsibilities regarding both parties to such transactions.

  • To the fullest extent permitted by the Guidelines and the Advisors Act, Fortegra and each Subsidiary authorize the Investment Adviser to execute Cross Trades and Agency Cross Transactions for its Accounts.

  • The consent to Agency Cross Transactions set forth in this Section may be revoked by Account Holder at any time by notifying Wealthfront in writing.