Eligible Option Class definition

Eligible Option Class. ’ means all option series overlying a security, including both put and call options, which class is traded by the Exchange and at least one other Participating Exchange, to the extent that such Participating Exchanges have mutually agreed to include the option class in the Pilot Program.
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Eligible Option Class. ’ means all option series overlying a security (as that term is defined in Section 3(a)(10) of the Exchange Act) or group of securities, including both put options and call options, which class is traded on the Exchange and at least one other Participant Exchange.
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Eligible Option Class. ’ means all
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Examples of Eligible Option Class in a sentence

  • The Firm Customer Quote Size will be at least 10 contracts for each series of an Eligible Option Class unless the receiving Participant Exchange is disseminating a quotation of less than 10 contracts, in which case this number may equal such quotation size.(10) ‘‘Firm Principal Quote Size’’ means the number of options contracts that a Participant Exchange guarantees it will execute at its disseminated quotation for incoming Principal Orders in an Eligible Option Class.

  • Proposed additions are initalics.* * * * *Chicago Board Options Exchange, Incorporated Rules* * * * *Section E: Intermarket LinkageParticipant Exchange receiving a P/A Order guarantees it will automatically execute at its disseminated quotation in a series of an Eligible Option Class for Customer orders entered directly for execution in that market.

  • This ‘‘80/ 20’’ is represented as follows:X X+Y‘‘X’’ equals the total contract volumethe market maker effects in an Eligible Option Class against orders of Public Customers on the Exchange during a calendar quarter (a) including contract volume effected by executing P/AOrders sent to the Exchange through the linkage, but (b) excluding contract volume effected by sending P/A Orders through the Linkage for execution on another Participant Exchange.

  • When purchasing or selling, either as principal or agent, any options series of an Eligible Option Class, or when sending a Linkage Order, members of a Participant should avoid initiating a Trade-Through unless one or more of the provisions of paragraph (iii) below are applicable.

  • Limitation on Principal Order AccessA Market Maker shall not be permitted to send Principal Orders in an Eligible Option Class through the Linkage for a given calendar quarter if the market maker effected less than 80 percent of its volume in that Eligible Option Class on the Exchange in the previous calendar quarter (that is, the market maker effected 20 percent or more of its volume by sending Principal Orders through the Linkage).

  • A Participant shall not send a Principal Order or P/A Order in an Eligible Option Class to a Participant whose quotes in such class are Non-Firm, and any Participant whose quotes are Non-Firm shall not accept any Principal Order or P/A Order from another Participant.

  • This number shall be at least 10 contracts unless the receiving Participant Exchange is disseminating a quotation of less than 10 contracts, in which case this number may equal such quotation size.(h) ‘‘Firm Principal Quote Size’’means the number of option contracts that a Participant Exchange guarantees it will execute at its disseminated quotation for incoming Principal Orders in an Eligible Option Class.

  • Whenever and so long as a Participant has disseminated notice to the other Participants that its quotations in an Eligible Option Class are Non-Firm, no Eligible Market Maker on that Participant may transmit a Principal Order with respect to such Eligible Option Class through the Linkage.

  • After the 15 second period, and until the sooner of one minute after the initial execution or a change in its disseminated offer (bid), section 7(a)(ii)(C) provides that the Participant that provided the initial execution is not obligated to execute any P Orders received from the same Participant in the same Eligible Option Class in its automatic execution system.


More Definitions of Eligible Option Class

Eligible Option Class means all option series overlying a security (as that term is defined in Section 3(a)(10) of the Exchange Act) or group of securities, including both put options and call options, which class is traded on two or more Participants.
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Related to Eligible Option Class

  • Top-Up Option has the meaning set forth in Section 1.04(a).

  • Eligible Shares has the meaning set forth in Section 4.1(a).

  • Eligible Voter means a legal voter who resides in the jurisdiction of the county,

  • Call Option Repayment Date means the settlement date for the Call Option determined by the Issuer pursuant to Clause 10.2 (Voluntary early redemption – Call Option), Clause 10.3(d) or a date agreed upon between the Bond Trustee and the Issuer in connection with such redemption of Bonds.

  • Stock Reload Option means any option granted under Section 6.3, below, as a result of the payment of the exercise price of a Stock Option and/or the withholding tax related thereto in the form of Stock owned by the Holder or the withholding of Stock by the Company.

  • Stock Option means a contractual right granted to an Eligible Person under Section 6 hereof to purchase shares of Common Stock at such time and price, and subject to such conditions, as are set forth in the Plan and the applicable Award Agreement.

  • Eligible Survivor means the Insured Employee's:

  • Eligible owner means an owner of an attached or a detached single-family

  • Parent Stock Option means any option to purchase Parent Common Stock granted under any Parent Stock Plan.

  • Reload Option means any Option granted under Section 6(a)(iv) of the Plan.

  • Company Stock Option means any option to purchase one or more shares of the Company’s Common Stock granted under any of the Company Stock Plans.

  • Early Opt-in Election means the occurrence of:

  • Non-Statutory Option means an option not intended to satisfy the requirements of Code Section 422.

  • Eligible Holders has the meaning set forth in Section 2.01(a).

  • 3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.

  • 'Survivor's Option means, where applicable, the right of a holder of a Note to require the Company to repay such Note prior to its Stated Maturity upon the death of the owner of such Note, subject to the provisions hereof relating to such option."

  • Director Option means an Option granted pursuant to Section 6.

  • Interest Option means LIBOR or the Reference Rate.

  • Rollover Option has the meaning set forth in Section 2.4(a).

  • Restricted Stock Purchase Right means a right to purchase Stock granted to a Participant pursuant to Section 8.

  • Vested Company Option means each Company Option outstanding as of immediately prior to the Effective Time that is vested as of immediately prior to the Effective Time or will vest solely as a result of the consummation of the Merger.

  • Stock Purchase Right means a right to purchase Common Stock pursuant to Section 11 below.

  • Employee Option means an Option granted pursuant to Section 5.

  • Vested LTIP Units has the meaning provided in Section 4.4(d) hereof.

  • Nonstatutory Stock Option means an Option not intended to qualify as an Incentive Stock Option.

  • Discounted Prepayment Option Notice has the meaning specified in Section 2.05(d)(ii).