Best Half definition

Best Half means the group of Matched Markets that are Non-Tradeable Markets determined pursuant to Section 5(c) of these Credit Derivatives Auction Settlement Terms.
Best Half means the group of Matched Markets determined pursuant to Section (4)(b) of this Exhibit 2.
Best Half means the group of Matched Markets determined pursuant to Section (4)(b) above. "Bid" means an Inside Market Bid or a Limit Bid.

Examples of Best Half in a sentence

  • The Administrators will then calculate the mean of the Initial Market Bids and Initial Market Offers included in the Best Half of Non-Tradeable Markets.

  • The Best Half of the Non-Tradeable Markets are those in the top half of the list of Non-Tradeable Markets.

  • If there is an odd number of Non-Tradeable Markets, round up the number of Non- Tradeable Markets to include in the Best Half to the nearest whole number.

  • The Administrators will then calculate the Initial Market Midpoint by finding the mean of all the Initial Market Bids and Initial Market Offers that form Non-Tradeable Markets included in the Best Half (with the results rounded to the nearest fraction of a percentage point that is the Relevant Pricing Increment, provided that where such results fall equidistant between two Relevant Pricing Increments, such results will be rounded up).

  • In the event that the number of Non- Tradeable Markets is an odd number, the Administrators will round up the number of Non- Tradeable Markets to include in the Best Half to the nearest whole number.

  • In the event that the number of Non-Tradeable Markets is an odd number, the Administrators will round up the number of Non-Tradeable Markets to include in the Best Half to the nearest whole number.

  • Tradeable Markets Step 2 – Ignore all Tradeable Markets.Best Half Non-Tradeable Markets Step 3 – The Initial Market Midpoint is the mean of the Best Half of the Non-Tradeable Markets.

  • If there is an odd number of Non-Tradeable Markets, round up the number of Non-Tradeable Markets to include in the Best Half to the nearest whole number.

  • Step 3 – The Initial Market Midpoint is the mean of the Best Half of the Non-Tradeable Markets.

  • ContributedIM BidsMatched Markets Step 2 – Ignore all Tradeable Markets.Tradeable Markets Best Half Non-Tradeable Markets Step 3 – The Initial Market Midpoint is the mean of the Best Half of the Non-Tradeable Markets.


More Definitions of Best Half

Best Half means the group of Matched Markets determined pursuant to Section (4)(b) of this Exhibit 2. "Bid" means an Inside Market Bid or a Limit Bid.

Related to Best Half

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