Exchange Members definition

Exchange Members and “Exchange” shall have the meanings specified in each of the SEMOpx Rules published 30 June,2017 and SEMOpx Operating Procedures DAM, XXX, IDC (Draft 05/05/17) as may be amended, modified or replaced from time to time.

Exchange Members means organizations who have registered and contracted with MHiE to use the MHiESystem and to act as a Data Provider and/or as a Data Recipient.

Exchange Members means a Member who purchased his or her Health Benefit Plan through the Exchange. "Exchange" is the California Health Benefit Exchange, an independent entity established within the government of the State of California doing business as Covered California. The Exchange is authorized under the Federal and State law to selectively contract with health insurance issuers as Qualified Health Plans in order to make available to enrollees of the Exchange health care coverage choices that seek to provide the optimal combination of choice, value, access, quality, and service to qualified ixxxxxxxxxx.Xx accordance with State and Federal law, the Exchange is not operating on behalf of Anthem or any Subcontractor of Anthem. Neither Anthem nor its Participating Providers, authorized Subcontractors, or any agents, officers or employees of Anthem shall be deemed as agents, officers, employers, partners or associates of the Exchange.

Examples of Exchange Members in a sentence

• Electronic Exchange Members may not execute orders they represent as agent on the Exchange against orders solicited from Members and non-member broker-dealers to transact with such orders unless the unsolicited order is first exposed on the Exchange for at least one (1) second.

• Electronic Exchange Members may not execute as principal orders they represent as agent unless (i) agency orders are first exposed on the Exchange for at least one (1) second, or (ii) the Electronic Exchange Member has been bidding or offering on the Exchange for at least one (1) second prior to receiving an agency order that is executable against such bid or offer.

• The Company shall not be required to hold meetings of the Exchange Members.

• All other Exchange Members may submit OPG and AOC Orders and other types of orders (except those order types not valid during the opening process as described in Rule 516) in response to an imbalance message.

• Electronic Exchange Members shall not cause the entry of orders for the account of a MIAX Pearl Market Maker that is exempt from the provisions of Regulation T of the Board of Governors of the Federal Reserve System pursuant to Section 7 of the Exchange Act unless such orders are identified as orders for the account of a MIAX Pearl Market Maker in the manner prescribed by the Exchange.

• The Exchange Members are required to pay security deposit in accordance with Rule 5 of the Rules titled “Membership” at the time of admission, which will be used as initial margin for giving exposure to the Members linked to the percentage of the Margin applicable for each Contract.

• At 2.00 pm the Exchange shall verify funds available in the Settlement Accounts of all provisionally selected Exchange Members.

• All other Exchange Members may submit OPG, AOC and Post-Only Orders and other types of orders (except those order types not valid during the Opening Process as described in Rule 516) in response to an imbalance message.

• In order to avoid any abnormal orders being put by the Exchange Members like high bid or offer rate, bids quantity or offer quantity submitted higher than the declared capacity/demand by the Member, or the maximum quantity of purchase or sale as allowed in the Standing Clearance, the Exchange will validate such orders either through software or manually on a daily basis, wherever possible.

• Electronic Exchange Members shall not cause the entry of orders for the account of a MIAX Emerald Market Maker that is exempt from the provisions of Regulation T of the Board of Governors of the Federal Reserve System pursuant to Section 7 of the Exchange Act unless such orders are identified as orders for the account of a MIAX Emerald Market Maker in the manner prescribed by the Exchange.