Authorized Trader definition

Authorized Trader means any natural person associated with a Participant and, if applicable, a DMA Customer who (i) has TradingAccess to the SEF operated by BSEF using a Participant ID and (ii) is assigned a valid Trader ID.

Authorized Trader means a Person (not an individual) who is authorized by a Participant to access the Trading System pursuant to Rule 304.

Authorized Trader means an individual employed by a Member who is authorized by that Member to have direct access to Nadex, provided the Member maintains supervisory authority over such individual’s trading activities.

Examples of Authorized Trader in a sentence

• The Trading Privilege Holder or Authorized Trader, as applicable, must expose to the market for at least five seconds under Rule 407(a) at least one of the original Orders that it intends to cross.

• No Member shall permit any Authorized Trader, Principal, or Financial/Operations Principal (each a “Registered Representative”) to continue to, and no Registered Representative shall continue to, perform duties as a Registered Representative on behalf of such Member, unless such person has complied with the continuing education requirements in this Rule.

• Each Participant, Authorized Trader or Authorized User shall be responsible for ensuring that it is in compliance with any such credit limits, however, and the Company shall not have any responsibility for compliance with credit limits by a Participant, Authorized Trader or Authorized User, notwithstanding that such credit limits may have been input into the Trading System, or for monitoring, maintaining or enforcing any such credit limits.

• Transactions initiated and executed by a Participant or Authorized Trader for its own account, for an account it controls or for an account in which it has an ownership or financial interest.

• Transactions executed for the proprietary account (as such term is defined in CFTC Regulation 1.3(y)) of a Participant, Authorized Trader or Clearing Firm.

More Definitions of Authorized Trader

Authorized Trader means a person who is either employed or is an agent of a Clearing Firm or a Participant Firm and who is authorized to utilize the Exchange pursuant to the applicable User ID Request Form.

Authorized Trader means an individual authorized by an Entity Trading Member and approved by Nadex to enter and execute transactions on the Market for that Entity Trading Member’s account, provided the Entity Trading Member maintains supervisory authority over such individual’s trading activities.

Authorized Trader means any natural person who (i) has Trading Access to the SEF operated by BSEF using a Participant ID and (ii) is assigned a valid Trader ID.

Authorized Trader means a Person who is appointed, employed or authorized by a Participant (or by a Sponsored Participant) and who has been assigned a User ID by the SEF. Each Authorized Trader: (i) must be a natural Person; (ii) must have been granted Trading Privileges with respect to the trading activities of a Participant; and (iii) must satisfy any other requirements as may be prescribed by the SEF from time to time.

Authorized Trader means a natural person who is authorized to utilize the MarketAxess SEF and is either employed by or an agent of (i) a Participant Firm or (ii) a Customer designated to receive Direct Market Access by a Sponsoring Broker. For the avoidance of doubt, any Authorized Trader of a Customer shall not be considered an Authorized Trader of the Sponsoring Broker providing Direct Market Access to the Customer by virtue of the Direct Market Access relationship between the two parties.

Authorized Trader means an individual who is employed by or is an agent of a Participant or a Customer and who has been authorized to access one or more Platforms pursuant to Rule 308 and to enter Orders or execute Swaps on behalf of such Participant or Customer, as applicable.

Authorized Trader means any natural person who is appointed, employed or authorized by a Participant to place Orders on Tera and is assigned a valid Trader ID.