Error Trade definition

Error Trade means a Trade in a Cleared Swap executed on or subject to the rules of a SEF that contains an operational or clerical error, including incorrect leg sequencing.
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Error Trade means any trade executed on or subject to the rules of a swap execution facility that contains an operational or clerical error.
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Error Trade has the meaning given to such term in Clause 1.8(a)(v) of the Digital Token Terms.
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Examples of Error Trade in a sentence

  • If BSEF is unable to determine how to correct the Error Trade, BSEF may either not fix the error, or it may seek guidance on how to address the error from the affected Participants.

  • Participants must report to BSEF as soon as possible all changes made to the Error Trade pursuant to Rule 516.B(a)(i)(A).

  • Participant must report to BSEF as soon as possible all changes made to the Error Trade pursuant to Rule 516.B(b)(i)(A).

  • BSEF will also inform the affected Participants of the final disposition of the Error Trade.

  • For Trades executed via the CLOB that are determined to be Error Trades, BSEF will inform Participants affected by the Error Trade of the identity and contact information of any other Participant affected by the Error Trade if (i) all such Participants agree to or are required to enter into Trades described in Rule 516.B; and (ii) all such Participants consent to the disclosure of their identity and contact information to any other Participant affected by the Error Trade.

  • Notwithstanding anything to the contrary in this Rule 516(B)(b), BSEF reserves the right to correct an Error Trade resulting from an error made by the SEF Platform by any means BSEF deems appropriate.

  • For each Error Trade rejected by a Clearing House and determined to be void ab initio under Rule 533 because of an operational or clerical error or omission made by a Participant, Counterparty or Account Manager, BSEF may, if both Participants agree, allow the affected Participants to enter into a new pre-arranged Trade correcting the terms of the rejected Error Trade.

  • For notifications received after such date, BSEF shall have discretion as to whether to review the request to cancel, correct, adjust or offset the Alleged Error Trade.

  • With respect to an Error Trade rejected by a Clearing House for non-credit reasons, if the new Trade that corrects the Error Trade is also rejected by the Clearing House and void ab initio, the affected Participants will not be provided a second opportunity to correct the Error Trade.

  • In the course of its review of an Alleged Error Trade, other than a Trade executed via the CLOB, BSEF may, but is not obliged to, inform Participants affected by the Alleged Error Trade of the identity and contact information of any other Participant affected by the Alleged Error Trade.


More Definitions of Error Trade

Error Trade means a Trade transacted in error. “Exchange For Physical” means a transaction where:
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Error Trade means a Trade in a Cleared Swap executed on or subject to the rules of a SEF that contains an operational or clerical error.
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Error Trade means a Trade transacted in error.
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Error Trade means any Transaction determined to be “inconsistent” in accordance with paragraph 3 of this Policy. 2.2. All other capitalised terms used in this Policy shall have the meaning ascribed to them in the Rulebook and Product Appendix: Bonds.
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Error Trade means any Repo Transaction determined to be “inconsistent” in accordance with paragraph
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Related to Error Trade

  • Customer Information means any information contained on a customer’s application or other form and all nonpublic personal information about a customer that a Party receives from the other Party. Customer Information shall include, but not be limited to, name, address, telephone number, social security number, health information, and personal financial information (which may include a Masterworks user account number).

  • Education records means an education record as defined in the Family Educational Rights and Privacy Act and its implementing regulations, 20 USC Section 1232g and 34 CFR Part 99, respectively.

  • Customer Data means any content, materials, data and information that Authorized Users enter into the production system of a Cloud Service or that Customer derives from its use of and stores in the Cloud Service (e.g. Customer-specific reports). Customer Data and its derivatives will not include SAP’s Confidential Information.

  • Cardholder Data has the meaning defined by the PCI Security Standards Council, Payment Card Industry (PCI) Data Security Standard (DSS) and Payment Application Data Security Standard (PA-DSS), Glossary of Terms, Abbreviations, and Acronyms, Version 3.0, January 2014, currently available online at: xxxxx://xxx.xxxxxxxxxxxxxxxxxxxx.xxx/documents/PCI_DSS_Glossary_v3.pdf. For the term of this Contract, Contractor will maintain a provisional Authority to Operate (ATO) at the Moderate Level from the Federal Risk and Authorization Management Program (FedRAMP) Joint Authorization Board (JAB) or Federal Agency for any and all Cloud Services provided under this Contract. For the term of this Contract, Contractor will maintain an ISO 27001 Certification for any and all Cloud Services provided under this Contract.

  • Safeguarding means measures or controls that are prescribed to protect information systems.

  • Client Data means personal data of data subjects, such as your employees, associates or partners, that is provided to S&P Global Ratings during the provision by S&P Global Ratings of the Services to you, such as name, job title, name of employer, office email address, office physical address, internet protocol address, office telephone number and language selection (and excludes special categories of personal data);

  • Malicious Software means any software program or code intended to destroy, interfere with, corrupt, or cause undesired effects on program files, data or other information, executable code or application software macros, whether or not its operation is immediate or delayed, and whether the malicious software is introduced wilfully, negligently or without knowledge of its existence.