Carrying Dealer definition

Carrying Dealer means any dealer maintaining a fully/principally disclosed agreement/arrangement with an introducing dealer, whereby the carrying dealer is responsible for customer monies and securities, and confirms transactions to the customer accounts introduced; such dealer who carriers accounts for Florida residents must be registered pursuant to the provisions of Section 517.12, F.S.
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Carrying Dealer means a Member or Investment Dealer Member that carries customer accounts in accordance with Rule 1.1.6 to the extent, at a minimum, of clearing and settling trades, maintaining books and records of customer transactions and the holding of client cash, securities and other property;
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Examples of Carrying Dealer in a sentence

  • CFIS has partnered with Credential Asset Management (CAM), a Carrying Dealer and a member of the MFDA, in an Introducing/Carrying dealer agreement to offer Nominee Accounts in which CFIS acts as agent for CAM and CAM acts as Intermediary for Nominee Accounts.

  • BCS may pay a portion of fees collected on your account to the Introducing Dealer, and the Introducing Dealer may pay BCS for trade execution services on your behalf.(ii) Investment DealersIf the Dealer is a member of the Investment Industry Regulatory Organization of Canada, neither B2B Carrying Services (a division of LBC Financial Services Inc.) nor B2B Bank act as a Carrying Dealer for the Dealer.12.

  • This trust account was first established in FY1961-62 as the Maui Public Library-Donations & Gifts trust account and was redesignated on July 1, 2000 as the HSPLS (Hawaii State Public Library System) Computer Supplies-Donations account.

Related to Carrying Dealer

  • Exchanging Dealer means any Holder (which may include any Initial Purchaser) that is a Broker-Dealer and elects to exchange for New Securities any Securities that it acquired for its own account as a result of market-making activities or other trading activities (but not directly from the Company or any Affiliate of the Company) for New Securities.

  • managing dealer means a person that has entered into an agreement with an issuer under which the person has agreed to organize and participate in the solicitation of the exercise of the rights issued by the issuer;

  • Participating Dealer means any licensed broker or dealer and who has entered into a Participation Agreement in form and substance acceptable to the Manager and the Trustee.

  • Soliciting Dealers means those broker-dealers that are members of the Financial Industry Regulatory Authority, or that are exempt from broker-dealer registration, and that, in either case, enter into participating broker or other agreements with the Dealer Manager to sell Shares.

  • investment dealer means a person or company registered in the category of investment dealer;

  • Initial Purchaser As defined in the preamble hereto.

  • Selected Dealer shall have the same meaning in this Agreement as in the Distribution Agreement. As principal, we offer to sell shares to you, as a Selected Dealer, upon the following terms and conditions:

  • Dealer Manager means Realty Capital Securities, LLC, or such other Person selected by the Board of Directors to act as the dealer manager for the Offering.

  • Participating Broker-Dealer shall have the meaning set forth in Section 3(t) hereof.

  • Restricted Broker-Dealer Any Broker-Dealer which holds Broker-Dealer Transfer Restricted Securities.

  • Participating Broker-Dealers shall have the meaning set forth in Section 4(a) hereof.

  • Eligible Dealer means any corporation or other entity having as a principal business acting as a broker or dealer in securities.

  • Dealer means a dealer who sold a Financed Vehicle and who originated and assigned the respective Receivable to AmeriCredit or an Originating Affiliate under a Dealer Agreement or pursuant to a Dealer Assignment.

  • Broker-Dealer Any broker or dealer registered under the Exchange Act.

  • Dealer Managers shall have the meaning set forth in the preamble.

  • Broker-Dealer Subsidiary means any Subsidiary that is registered as a broker-dealer under the Exchange Act or any other applicable law requiring similar registration.

  • Underwriter means a securities dealer who purchases any Registrable Securities as principal in an Underwritten Offering and not as part of such dealer’s market-making activities.

  • Exempt commercial purchaser means any person purchasing commercial insurance that, at the time of placement, meets the following requirements:

  • Wholesale dealer means any dealer who deals in, or who holds a licence under any law to deal in, as the case may be, wholesale quantities of goods, and the business and stock of a wholesale dealer shall be deemed to include the business and stocks of any retail dealer who conducts business on the same premises on which the wholesale dealer conducts his or her business; and

  • Broker-Dealer Agreement means each agreement between the Auction Agent and a Broker-Dealer substantially in the form attached hereto as Exhibit A.

  • Forward Purchaser has the meaning set forth in the introductory paragraph of this Agreement.

  • Grain dealer means a person engaged in the business of receiving, buying, exchanging, selling, or storing farm produce in this state. The term includes a farm produce trucker, grain merchandiser, or processor. The term does not include a person solely engaged in 1 of the following:

  • Regular Dealer means a firm that meets the definition set forth in Section VII(c).

  • Eligible Depository Any Reserve Bank or any depository institution or trust company incorporated under the laws of the United States of America or any state thereof and subject to supervision and examination by federal or state banking authorities, so long as at the time of determination of eligibility the commercial paper or other short-term debt obligations of such depository institution or trust company (or, in the case of a depository institution that is the principal subsidiary of a holding company, the commercial paper or other short-term debt obligations of such holding company) have the Highest Credit Rating Available from at least one Rating Agency.

  • inter-dealer bond broker means a person or company that is approved by the Investment Industry Regulatory Organization of Canada under its Rule No. 36 Inter-Dealer Bond Brokerage Systems, as amended, and is subject to its Rule No. 36 and its Rule 2100 Inter-Dealer Bond Brokerage Systems, as amended from time to time;

  • Company Underwriter has the meaning set forth in Section 4(a).