Disrupted Trading Day definition

Disrupted Trading Day means a Trading Day on which shares of Common Stock experience any of the following during the one-hour period ending at the conclusion of the regular Trading Day: (a) any suspension of or limitation imposed on the trading of shares of Common Stock on any national or regional securities exchange or association or over-the-counter market; (b) any event (other than an event listed under subsection (c) below) that disrupts or impairs the ability of market participants in general to (i) effect transactions in or obtain market values for shares of Common Stock on any relevant national or regional securities exchange or association or over-the-counter market or (ii) effect transactions in or obtain market values for futures or options contracts relating to shares of Common Stock on any relevant national or regional securities exchange or association or over-the-counter market; or (c) any relevant national or regional securities exchange or association or over-the-counter market on which shares of Common Stock trade closes on any exchange Trading Day prior to its scheduled closing time unless such earlier closing time is announced by the exchange at least one hour prior to the earlier of (i) the actual closing time for the regular trading session on such exchange and (ii) the submission deadline for orders to be entered into the exchange for execution on such Trading Day.
Disrupted Trading Day means a Trading Day in which any of the following events occurs:
Disrupted Trading Day means a Trading Day on which Common Shares experience any of the following during the one-hour period ending at the conclusion of the regular Trading Day: (a) any suspension of or limitation imposed on the trading of Common Shares on any national or regional securities exchange or association or over-the-counter market; (b) any event (other than an event listed under subsection (c) below) that disrupts or impairs the ability of market participants in general to (i) effect transactions in or obtain market values for Common Shares on any relevant national or regional securities exchange or association or over-the-counter market or (ii) effect transactions in or obtain market values for futures or options contracts relating to Common Shares on any relevant national or regional securities exchange or association or over-the-counter market; or (c) any relevant national or regional securities exchange or association or over-the-counter market on which Common Shares trade closes on any exchange Trading Day prior to its scheduled closing time unless such earlier closing time is announced by the exchange at least one hour prior to the earlier of (i) the actual closing time for the regular trading session on such exchange and (ii) the submission deadline for orders to be entered into the exchange for execution on such Trading Day.

Examples of Disrupted Trading Day in a sentence

  • Accumulated Value: Expressed in DKK and computed each day which is a Scheduled Trading Day, which is not a Disrupted Trading Day, and a Business Day, commencing on the Listing Date up to and including the Expiration Date in accordance with the formula below: Accumulated Valuet = (Accumulated Valuet-1 + Accumulated Value Changet + Accumulated Financingt) Accumulated Value0 = Initial Price Accumulated Valuet-1 = Accumulated Value as at the previous Scheduled Trading Day which is not a Disrupted Trading Day.

  • Accumulated Value Changet = Accumulated Valuet-1 x Leverage Factor x (Reference Pricet – Reference Pricet-1)/ Reference Pricet-1 Reference Price0 = Reference Price on the Scehduled Trading Date immediately preceding the Listing Date which is not a Disrupted Trading Day.

  • Khraim,“ The impact of search engine optimization on online advertisement: The case of companies using E-Marketing in Jordan,” American Journal of Business and Management, vol.

  • HSBC determines, in its reasonable opinion, that it is practical or economically viable (for HSBC or the Investor) that the Scheduled Trading Day be declared a Disrupted Trading Day.

  • HSBC determines, in its reasonable opinion, that it is practical or economically viable (for HSBC or theInvestor) that the Scheduled Trading Day be declared a Disrupted Trading Day.

  • If, after a Stop Loss Event has occurred, there is no Scheduled Trading Day which is not a Disrupted Trading Day and/or if a Market Disruption continues for more than five calendar days after a Stop Loss Event, the Issuer shall determine the Closing Price or Reference Price in a commercially reasonable manner.

  • The "Accumulated Value" will be an amount in the relevant Currency calculated on each Accumulated Value Calculation Day which is not a Disrupted Trading Day falling on or after the Business Day next following the Commencement Date, up to and including the Expiration Date (the "Accumulated Value Calculation Period").

  • In the event that fewer than the Number of Trading Hours remains until the official closing of the Reference Source on the day an Early Expiration Event occurs and/or a Market Disruption occurs, the period for calculation of the Closing Price shall continue on the next Scheduled Trading Day (which is not a Disrupted Trading Day), until the Number of Trading Hours after the Early Expiration Event have been observed by the Issuer.

  • The "Accumulated Value" will be an amount in the relevant Currency calculated on each Accumulated Value Calculation Day which is not a Disrupted Trading Day falling on or after the Business Day next following the Listing Date, up to and including the Expiration Date (the "Accumulated Value Calculation Period").

  • Disrupted Trading Day Currency: In conjunction with determination of an Initial Translation Rate, Reference Price for Underlying Assets which consist of a currency or a Basket Component which consists of a currency, Scheduled Trading Day Currency where the Reference Source or Related Derivatives Market is not open for trading or on which Currency Disruption occurs.


More Definitions of Disrupted Trading Day

Disrupted Trading Day means, unless otherwise stated in Final Terms, for each Underlying:

Related to Disrupted Trading Day

  • Last Trading Day means, for a particular Contract, the last date on which that Contract may be traded on the Market.

  • VWAP Trading Day means a Business Day.

  • Scheduled Trading Day means a day that is scheduled to be a Trading Day on the principal U.S. national or regional securities exchange or market on which the Common Stock is listed or admitted for trading. If the Common Stock is not so listed or admitted for trading, “Scheduled Trading Day” means a Business Day.

  • Trading Day means a day on which the principal Trading Market is open for trading.

  • Disrupted Day means any Scheduled Trading Day on which the Exchange or any Related Exchange fails to open for trading during its regular trading session or on which a Market Disruption Event has occurred.

  • Trading Date means the closing of the first sale to the general public of the Shares pursuant to a registration statement filed with and declared effective by the U.S. Securities and Exchange Commission under the Securities Act.

  • Trading Disruption means (a) with respect to an Index(other than a Multiple Exchange Index), any suspension of or limitation imposed on trading by the relevant Exchange or Related Exchange or otherwise and whether by reason of movements in price exceeding limits permitted by the relevant Exchange or Related Exchange or otherwise (i) on any relevant Exchange(s) relating to securities that comprise 20 per cent. or more of the level of the relevant Index, or (ii) in futures or options contracts relating to the relevant Index on any relevant Related Exchange; or (b) with respect to a Multiple Exchange Index, any suspension of or limitation imposed on trading by the relevant Exchange or Related Exchange or otherwise and whether by reason of movements in price exceeding limits permitted by the relevant exchange or Related Exchange or otherwise (i) relating to any Component Security on the Exchange in respect of such Component Security, or (ii) in futures or options contracts relating to the relevant Indexon any relevant Related Exchange.

  • Public Trading Date means the first date upon which Common Stock is listed (or approved for listing) upon notice of issuance on any securities exchange or designated (or approved for designation) upon notice of issuance as a national market security on an interdealer quotation system.

  • Event Market Price means, with respect to any Stock Combination Event Date, the quotient determined by dividing (x) the sum of the VWAP of the Common Stock for each of the five (5) Trading Days with the lowest VWAP of the Common Stock during the fifteen (15) consecutive Trading Day period ending and including the Trading Day immediately preceding the sixteenth (16th) Trading Day after such Stock Combination Event Date, divided by (y) five (5).

  • Major Trading Area or "MTA" means Major Trading Area as defined by the FCC in 47 C.F.R. Part 24.202.

  • Trading Period means the term as defined in the NEPOOL GIS Operating Rules.

  • Disruption Event means either or both of:

  • Average Trading Price means, with respect to any period, the average of the Market Prices on the last trading day of each full or partial calendar quarter included within such period.

  • Free Trading means that (a) the shares or certificate(s) representing the applicable shares of Common Stock have been cleared and approved for public resale by the compliance departments of Lender’s brokerage firm and the clearing firm servicing such brokerage, and (b) such shares are held in the name of the clearing firm servicing Lender’s brokerage firm and have been deposited into such clearing firm’s account for the benefit of Lender.

  • Average Daily Trading Volume means the average trading volume of the Company’s Common Stock in the ten (10) Trading Days immediately preceding the respective Put Date.

  • Subsequent Market means the New York Stock Exchange, American Stock Exchange, Nasdaq SmallCap Market or Nasdaq National Market.

  • Non-Trading Operation means any operation involving the deposit of funds, withdrawal from a Client's Account or the provision (return) of Credit.

  • Trading Window means a trading period for trading in Company‘s Securities as specified by the Company from time to time.

  • VWAP Market Disruption Event means, with respect to any date, (A) the failure by the principal U.S. national or regional securities exchange on which the Common Stock is then listed, or, if the Common Stock is not then listed on a U.S. national or regional securities exchange, the principal other market on which the Common Stock is then traded, to open for trading during its regular trading session on such date; or (B) the occurrence or existence, for more than one half hour period in the aggregate, of any suspension or limitation imposed on trading (by reason of movements in price exceeding limits permitted by the relevant exchange or otherwise) in the Common Stock or in any options contracts or futures contracts relating to the Common Stock, and such suspension or limitation occurs or exists at any time before 1:00 p.m., New York City time, on such date.

  • Reference Market Price initially means $ (which is an amount equal to % of the reported last sale price for Company Common Stock on the NYSE Consolidated Transactions Tape on , 1999), and in the event of any adjustment of the Conversion Price other than as a result of a Non-Stock Fundamental Change, the Reference Market Price shall also be adjusted so that the ratio of the Reference Market Price to the Conversion Price after giving effect to any such adjustment shall always be the same as the ratio of the initial Reference Market Price to the initial Conversion Price of the Debentures.

  • First Trading Date means 28 April 2022.

  • Current Market Price shall have the meaning set forth in Section 11(d) hereof.

  • Severe Disruption Event means any event specified as such in the Final Terms.

  • Mid-Market Swap Rate Quotation means a quotation (expressed as a percentage rate per annum) for the relevant Mid-Market Swap Rate;

  • Trading Hours means the hours of trading as set forth on the Trading Platform for a particular Underlying Asset.

  • Average Market Price means, with respect to any security, the arithmetic average of the Market Price of such security for the 15 consecutive trading day period ending on and including the trading day immediately preceding the determination date.