Examples of Crossed Market in a sentence
If at such time the Exchange develops proprietary products, the Exchange anticipates having to devote a lot of resources to develop them, and therefore would need to retain funds collected in order to recoup those expenditures.The Exchange proposes excludingmini-options and executions related to contracts that are routed to one or more exchanges in connection with the Options Order Protection and Locked/ Crossed Market Plan referenced in Exchange Rule 1400 from the Program.
Without Second Charge permissions, you must still tell clients that the Second Charge option exists and that it may be the best solution for them.
If a symbol is halted prior to the execution of a Periodic Auction that has already been initiated pursuant to Proposed Rule 11.25(c), the Periodic Auction would be immediately cancelled without execution, consistent with applicable limitations on trading during a halt.Second, as explained in Interpretations and Policies .02 to Proposed Rule 11.25, a Periodic Auction would not be initiated during a Crossed Market.
Options Order Protection and Locked/ Crossed Market Plan (August 14, 2009), available at https://www.theocc.com/getmedia/7fc629d9-4e54- 4b99-9f11-c0e4db1a2266/options_order_protection_ plan.pdf.
Re-pricing affords Members the ability to obtain the best price offered among the various options markets while continuing to be consistent with the Options Order Protection and Locked/ Crossed Market Plan, as discussed above.
An Eligible Market Maker that creates a Locked Market or a Crossed Market shall unlock (uncross) that market or shall direct a Principal Order through the Linkage to trade against the bid or offer that the Eligible Market Maker locked (crossed).
The System will provide a routing service for orders when trading interest is not present on BATS Options, and will comply with the obligations of the Options Order Protection and Locked/ Crossed Market Plan.
A Member other than an Eligible Market Maker that creates a Locked Market or a Crossed Market shall unlock (uncross) the market.
These costs incurred by the Exchange recently increased as a result of the Exchange’s changing the way Priority Customer and Professional Customer orders are handled under the Options Order Protection and Locked/ Crossed Market Plan.5 Second, the Exchange currently provides a fee discount for large-sized FX Options orders.
Pursuant to the exception of Rule 611(b)(4) during Regular Trading Hours, as well as during the Pre- Opening Session and the After Hours Trading Session, the Exchange does not currently impose trade-through protections when there is a Crossed Market.