Connected Broker definition

Connected Broker means a broker that is a Connected Person.
Sample 1Sample 2Sample 3

Examples of Connected Broker in a sentence

  • Employ as a broker, directly or indirectly, any director, officer or employee of the Fund or its Management Company or any Connected Person or member of the family of such person and enter into transactions with any Connected Broker, which shall equal or exceed 10% of the transactions of the Fund in any one Accounting Year of that Fund.

  • Connected Broker Valuable Capital LimitedVALUABLE CAPITAL SPC-VCL MULTI STRATEGY FUND SEGREGATED PORTFOLIO1,250,000 0.50% 0.13% VALUABLE CAPITALSPC-VCL MULTI STRATEGY FUND SEGREGATED PORTFOLIO isa member of the same group as Valuable Capital Limited.

  • Employ as a broker, directly or indirectly, any director, officer or employee of the Fund or its Management Company or any Connected Person or member of the family of such person and enter into transactions with any Connected Broker, which shall equal or exceed 10% of the transactions of the Fund in any one Accounting Year of that Fund.Provided that the Commission may, in each case on merits, permit the 10% limit to be exceeded if the connected broker offers advantages to the Fund not available elsewhere.

  • NBFC(II)-R-/AHIM-PIEIF/796 dated 10 November 2005, approved a limited relaxation of this limit for the first year, so that the 10% limit of transactions with a Connected Broker will apply to a period exceeding one year; Explanation: For the purposes of this Section the term “family” includes spouse, lineal ascendants and descendants and brothers and sisters.

  • For the first year of the Fund, the 10% restriction on transactions with a Connected Broker may be calculated using a time period of more than an year.

  • Employ as a broker, directly or indirectly, any director, officer or employee of the Fund or its Management Company or any Connected Person or member of the family of such person and enter into transactions with any Connected Broker, which shall equal or exceed 10% of the transactions of the Fund in any one Accounting Year of that Fund; provided that such broker shall not have a common director, officer or employee with the Management Company.

  • Employ as a broker, directly or indirectly, any director, officer or employee of the Fund or its Management Company or any Connected Person or member of the family of such person and enter into transactions with any Connected Broker, (ii) The Fund Property shall be subject to such exposure limits as are provided in the Rules and Regulations, (subject to any exemptions that may be specifically allowed to the Fund by the Commission).

Related to Connected Broker

  • Data Broker means either of the following:

  • Connected Person in relation to a company, means:

  • Connected Load - means the customer’s total load connected to the Company’s system.

  • Broker means any person engaged in the business of effecting transactions in securities for the account of others.