Approved Trader definition

Approved Trader means: (1) an employee of a Member, or (2) an employee of a DEA Client that has been granted access to the Exchange Systems by a Sponsoring Member who, in each case, is authorized to enter orders onto a marketplace as a trader and who has been provided with a trading identifier to be used when accessing a marketplace.
View Source
Approved Trader is a generic term which means a person or company approved by Customs to take possession of imported goods, including, in some cases, excise goods, in accordance with arrangements made with Customs.
View Source
Approved Trader means a person or company approved by Customs to take possession of imported goods in accordance with arrangements made with Customs.
View Source

Examples of Approved Trader in a sentence

  • Unless otherwise required by law, Member may not sell, lease, license, furnish or otherwise permit or provide access to the Services or the Exchange Systems to any Person that is not an Approved Trader, employee, officer, director, client, customer, agent or DEA Client of Member.

  • Unless otherwise required by law, Member may not sell, lease, license, furnish, or otherwise permit or provide access to the Services or the Exchange Systems to any Person that is not an Approved Trader, employee, officer, director, client, agent, or DEA Client of Member.

  • If there is no prevailing bid or offer, the Member or Approved Trader shall first expose the leg which has the better price than the last traded price, or if there is no last traded price, the last settlement price.

  • A Member, Approved Trader or Registered Representative shall be deemed to be in violation of this Rules if it is convicted of any offence relating to fraud, any act of bad faith, dishonest conduct, dishonorable conduct or uncommercial conduct before any court of law.

  • A Member, Approved Trader or Registered Representative shall not manipulate or attempt to manipulate the price of a contract or of any underlying, or corner, or attempt to corner, any underlying.

  • Unless otherwise required by law, Member may not sell, lease, license, furnish, or otherwise permit or provide access to the Services or the Exchange Systems to any Person that is not an Approved Trader, employee, officer, director, client, customer, agent, or DEA Client of Member.

  • A Member, Approved Trader or Registered Representative shall not withhold or withdraw from QUEST any Customer’s order or any part of a Customer’s order for any reason, unless it is for the benefit of you or pursuant to your instruction.

  • This is mandatory before a new trader can be added to Approved Trader List.

  • A Member or an Approved Trader shall not knowingly enter, or cause to be entered, bids or offers into QUEST other than in good faith for the purpose of executing bona fide transactions.

  • A Member, Approved Trader or Registered Representative is prohibited from churning or generating commissions through creating excessive transactions in a Customer’s Account.


More Definitions of Approved Trader

Approved Trader means an individual who has Exchange Approval to enter orders into the trading system and includes both Assistant Approved Traders and Full Approved Traders unless otherwise indicated by the Exchange.
View Source
Approved Trader means (a) in relation to a Buyer, a Buyer who is approved by a Seller as a person to whom such Seller would be willing to sell Chemical Products on the GBC Platform and (b) in relation to a Seller, a Seller who is approved by a Buyer as a person from whom such Buyer would be willing to purchase Chemical Products on the GBC Platform, in each case as evidenced from time to time on the GBC Platform;
View Source

Related to Approved Trader

  • Approved Transaction means any transaction in which the Board (or, if approval of the Board is not required as a matter of law, the stockholders of the Company) shall approve (i) any consolidation or merger of the Company, or binding share exchange, pursuant to which shares of Common Stock of the Company would be changed or converted into or exchanged for cash, securities, or other property, other than any such transaction in which the common stockholders of the Company immediately prior to such transaction have the same proportionate ownership of the Common Stock of, and voting power with respect to, the surviving corporation immediately after such transaction, (ii) any merger, consolidation or binding share exchange to which the Company is a party as a result of which the Persons who are common stockholders of the Company immediately prior thereto have less than a majority of the combined voting power of the outstanding capital stock of the Company ordinarily (and apart from the rights accruing under special circumstances) having the right to vote in the election of directors immediately following such merger, consolidation or binding share exchange, (iii) the adoption of any plan or proposal for the liquidation or dissolution of the Company, or (iv) any sale, lease, exchange or other transfer (in one transaction or a series of related transactions) of all, or substantially all, of the assets of the Company.

  • Approved Transferee means (a) a “qualified institutional buyer” (“QIB”) as defined in Rule 144A promulgated under the Securities Act that is a financial institution or commercial bank having capital and surplus of $5,000,000,000 or more, (b) an affiliate of the Funding Lender, or (c) a trust or custodial arrangement established by the Funding Lender or one of its affiliates the beneficial interests in which will be owned only by QIBs.

  • Approved Training means training undertaken in a traineeship and shall involve formal instruction, both theoretical and practical, and supervised practice in accordance with a traineeship scheme approved by the relevant state training authority or NETTFORCE. The training will be accredited and lead to qualifications as set out in subclause 5(e).

  • Board Change means, during any period of two consecutive years, individuals who at the beginning of such period constituted the entire Board cease for any reason to constitute a majority thereof unless the election, or the nomination for election, of each new director was approved by a vote of at least two-thirds of the directors then still in office who were directors at the beginning of the period.

  • Approved activity means an event, a tour, or a meeting: