Bank Only Participant definition

Bank Only Participant means a Bank that is designated and approved as a Trading Participant in the NZDX only and that may Trade in that market either on its own account or on behalf of its clients;
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Examples of Bank Only Participant in a sentence

  • An NZX Sponsor must establish a relationship with an NZX Firm, Bank Only Participant or a Distribution and Underwriting Sponsor to distribute and/or underwrite an issue (or seek to become designated as an NZX Firm, Bank Only Participant or Distribution and Underwriting Sponsor).

  • Advising Participant means any Person that is so designated by NZX and includes an Advising Firm and an Introducing Broker and shall be construed to include a Bank Only Participant, a Trading and Advising Firm and/or other Trading Participant in accordance with Rule 6.1.1, but does not include an NZX Derivatives Adviser..

  • A Bank Only Participant is able to bring a new issue of Securities to any of NZX’s markets, and has the ability to underwrite and distribute new issues of Securities.

  • A Bank Only Participant is able to provide the full range of trading and advisory services on the NZDX market only.

  • An NZX Sponsor (not being an NZX Firm) must establish a relationship with an NZX Firm, Bank Only Participant or a Distribution and Underwriting Sponsor to distribute and/or underwrite an issue (or seek to become designated as an NZX Firm, Bank Only Participant or Distribution and Underwriting Sponsor).

  • NZX BANK ONLY PARTICIPANTFIXED CHARGES - NZX BANK ONLY PARTICIPANTInitial Fee$15,000Monthly Fee$1,500Annual Fee$10,000If a Bank Only Participant also wishes to become a Delivery and Settlement Participant, the total fixed charges would be; an Initial Fee of $20,000, a Monthly Fee of $2,500, and an Annual Fee of$10,000.

  • The Australian National University in Canberra was also hit by the breach.

Related to Bank Only Participant

  • FTR Participant means any Market Participant that provides or is required to provide Collateral in order to participate in PJM’s FTR auctions.

  • Other Participant means a cooperative project participant other than the United States.

  • CDS Participant means a participant in CDS that holds security entitlements in Units on behalf of beneficial owners of those Units;

  • Participant has the meaning specified in Section 10.06(d).

  • Program participant means an individual certified by the secretary as a program participant under Iowa Code section 9E.3.

  • L/C Participants the collective reference to all the Revolving Lenders other than the Issuing Lender.