Basis Trade definition

Basis Trade means a privately negotiated transaction consisting of the simultaneous execution of an Interest Rate Derivative against an offsetting equivalent amount of a related underlying cash bond instrument in a quantity that meets a minimum volume threshold;
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Basis Trade means an EFP and is further defined in Rule 416.
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Basis Trade means a transaction whereby a basket of securities or an index participation unit is transacted at a price calculated in the prescribed manner which represents the average accumulation (or distribution) price of the position, subject to an agreed upon basis spread, achieved through the execution of related exchange-traded derivative instruments, which may include listed index futures, index options and index participation units in an amount that will correspond to an equivalent market exposure.
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Examples of Basis Trade in a sentence

  • Messages impacted: Sprint 3 and 4- Instrument Keys messages: J and JF 7.0 15 February 2018Sola 12 Drop2 changes:- Price Indicator Marker of C/CF/CS/I/IF/IS trade messages updated: e: renamed to Exchange For Physical and s: Basis Trade added + Table of Contents updated 8.0 16 April 2018Sola 12 Drop 3 changes:New value A.

  • The following values can be specified for the Price Type parameter:- “L”: Limit Order;- “O”: at Opening price;- “W”: Market Order;- “M”: Top Order11 (or “at best opposite price”);- “C”: Committed Order12;- “P”: Exchange for Physicals (not available on IDEM);- “B”: Basis Trade / Exchange for Security / Exchange of Futures for Swap (not available on IDEM).

  • Likewise, the minimum size threshold for a Basis Trade at Index Close (“BTIC”) block transaction shall be 50 contracts.

  • Such information shall include complete details relating to the calculation of the price of the Basis Trade and all relevant supporting documentation.

  • Cash transactions in such debt securities can be carried out for the corresponding futures contracts according to the following rule: Remaining term in years Maximum term in yearsFutures Contract>10.5<30.5FGBL and FGBX³8.5£10.5FGBL>5.5<8.5FGBL and FGBM³4.5£5.5FGBM>2.25<4.5FGBM and FGBS³1£2.25FGBS • Debt securities of the Swiss Confederation with a remaining term of between eight and 13 years can be components of a Basis Trade according to section 2.1.2 using the CONF Future as the future component.

  • Likewise, the minimum size for a Basis Trade at Index Close (“BTIC”) block transaction in either FTSE Index futures product for a given delivery month shall be 50 contracts.

  • Once an EFP, EFS, Soft Commodity EFRP or Basis Trade has been organised the Member(s) must report the details to the Exchange in accordance with ICE Futures Europe Trading Procedure 16.

  • The Basis Trade details must be reported to the Exchange through the ICE Block facility as soon as practicable.

  • In any event, details of the Basis Trade / Soft Commodity EFRP must be reported to the Exchange by the Basis Trade executing member and accepted within fifteen minutes of the time at which the Basis Trade was agreed.

  • A Basis Trade shall comprise of at least 80 percent of the component share weighting of the basket of securities or index participation unit that is the subject of the Basis Trade.


More Definitions of Basis Trade

Basis Trade means a privately negotiated transaction consisting of the simultaneous execution of an Interest Rate Derivative against an offsetting equivalent amount of a related underlying cash bond instrument in a quantity that meets a minimum volume threshold; Deleted: a privately negotiated transaction that isDeleted: EFPDeleted: EFSDeleted: a
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Basis Trade means a transaction consisting for one party (“A”) of:
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Related to Basis Trade

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