Authorised Participants definition

Authorised Participants means the Member of the National Stock Exchange or any other recognized stock exchange or any other person who is appointed by the AMC to act as Authorised Participant on entering into a participant agreement with the AMC.
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Authorised Participants means each entity appointed as an authorised participant under the Programme or any other person or persons identified as such in the relevant Final Terms and being a person who:
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Authorised Participants. / “Market Maker” means the Member of the National Stock Exchange or any other recognized stock exchange or any other person and who is appointed by the AMC to act as Authorised Participant / Market Maker on entering into a participant agreement with the AMC;
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Examples of Authorised Participants in a sentence

  • These trading activities may present a conflict between the holders of the ETP Securities and the interests the Authorised Participants and their respective affiliates may have in their proprietary accounts, in facilitating transactions, including options and other derivatives transactions, for their customers and in accounts under their management.

  • The Authorised Participants and their respective affiliates may also issue or underwrite additional securities or trade other products the return on which is linked to the value of an Index or Investment Strategy linked to a Series of ETP Securities or other similar strategies.

  • Material Conflicts of InterestThe Authorised Participants and/or their respective affiliates may be active traders in certain markets.

  • Only Authorised Participants dealing directly with the Fund may switch shares between share classes of the Fund subject to meeting certain conditions in the Fund's prospectus.

  • Through the operation of such a secondary market, persons who are not Authorised Participants will be able to buy Shares from or sell Shares to other secondary market investors or market makers, broker/dealers, or other Authorised Participants.

  • The Authorised Participants and/or their respective affiliates may be active traders in certain markets.

  • If there are no Authorised Participants, or the Authorised Participant(s) fail to effectively make a market in the ETP Securities of a Series, the investors may not be able to sell any such ETP Securities within a short time period, or at a price close to the ETP Security Value for that Series.

  • Market-making by Authorised Participants: Investors are dependent on there being one or more Authorised Participants making a market in ETP Securities in order to provide investors with liquidity.

  • Through such Authorised Participants being able to subscribe for or redeem Shares, a liquid and efficient secondary market may develop over time on one or more Relevant Stock Exchanges as they meet secondary market demand for such Shares.

  • The Authorised Participants are likely to hold ETC Securities in inventory.


More Definitions of Authorised Participants

Authorised Participants means the Member of the National Stock Exchange or any other recognised stock exchange or any other person who is appointed by the AMC to act as Authorised Participant.
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Related to Authorised Participants

  • Authorised Participant means the Initial Authorised Participant, the Second Authorised Participant and any Additional Authorised Participant.

  • Initial Authorised Participant means BNP Paribas Arbitrage S.N.C. and any successor thereto.

  • Eligible Authorised Participant means any entity that meets the requirements of the LS Operating Procedures Agreement.

  • Authorised Participant Agreement means, in respect of an Authorised Participant, the authorised participant agreement (as amended, supplemented, novated and/or replaced from time to time) entered into by the Issuer and such Authorised Participant.

  • Additional Authorised Participant means any Eligible Authorised Participant (other than the Initial Authorised Participant or the Second Authorised Participant) that has entered into an Authorised Participant Agreement with the Issuer and has acceded to the LS Operating Procedures Agreement.

  • Second Authorised Participant means GWM Limited and any successor thereto.

  • Majority Participants means the Holder(s) of more than 50% of the Outstanding VMTP Shares.

  • Participants is defined in Section 12.2.1.

  • authorised person means the Client or any person (including any individual or entity) authorised by the Client to act on its behalf in the performance of any act, discretion or duty under this Agreement (including, for the avoidance of doubt, any officer or employee of such person) in a notice reasonably acceptable to the Custodian.

  • Eligible Participants means persons who, at a particular time, are employees, officers, consultants, or directors of the Company or its subsidiaries;