Closing Transaction definition

Closing Transaction is a transaction in which Customer purchases securities which have been sold short.

Closing Transaction shall have the meaning specified in paragraph (a)(i)(A) of Section 13 of Part I of Article X of these Bylaws.

Closing Transaction means, the closing of a position in a Listed Product;

Examples of Closing Transaction in a sentence

• Where both the Opening Transaction and the Closing Transaction are Registered on the same day, cash Settlement between the Designated Clearing House and the Member Firm shall be affected by reference to the difference between the Future Price for the two transactions.

• To this end, a Broker which operates a Client Account shall inform the Exchange as soon as practicable following the Registration of a Contract in such Account as to whether the Contract in question represents an Opening Transaction or a Closing Transaction and of the effect that such Registration will have on the open interest on the Account (the “required information”).

• Where both the Opening Transaction and the Closing Transaction are Registered on the same day, cash Settlement between the Designated Clearing House and the Member Firm shall be effected by reference to the difference between the Future Price for the two transactions.

• Closing, Transaction and Loan Information sections have been completed with accurate information.

• To this end, the Customer shall:1/ enter into a Closing Transaction; or2/ notify the Bank by phone of his intention to perform a ”net” settlement based on the Settlement Rate determined on the basis of the Reference Rate.

More Definitions of Closing Transaction

Closing Transaction means, the closing of a position in a Contract;

Closing Transaction means the termination of a futures contract or option position by taking a position opposite thereto.

Closing Transaction means a transaction in which Customer (i) purchases securities that have been sold short or (ii) purchases an Option of the same series as an Option previously written by it and still unexpired or unexercised, or in which Customer sells an Option of the same series as an Option previously purchased by it and still outstanding.

Closing Transaction. Any sale of a Mortgage Loan by the related Seller to Purchaser, structured as either a Wet Funding or a Dry Funding, wherein Purchaser wires the Disbursement Amount in accordance with the Escrow Agent Standing Wire Instructions subject to an obligation of such Seller to repurchase such Mortgage Loan pursuant to this Agreement.

Closing Transaction means, the closing of a position in a ContractListed Product;

Closing Transaction means the termination of a futures contract or option position by taking an equal position opposite thereto in the same delivery month as such initial position being terminated.

Closing Transaction shall have the meaning specified in paragraph (a)(i)(A) of Section M of Part I of Article X.