Executing Dealer definition

Executing Dealer means any dealer who executes transactions entered by another dealer; such dealer need not be registered under Section 517.12, F.S., unless such dealer confirms said transactions directly to Florida resident accounts, and/or maintains responsibility for such accounts as either introducing dealer or carrying dealer.
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Executing Dealer means a Counterparty who is authorized by a designated Prime Broker to enter into Trades on or pursuant to the rules of GTX with a Prime Broker Client (or its Authorized Representative), acting as agent for a designated Prime Broker.
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Examples of Executing Dealer in a sentence

  • An Officer Working Group was established to undertake the work referred to above.

  • Upon placing a Order with an Executing Dealer (which may or may not be the Company), the Client acknowledges that the Executing Dealer incurs obligations as principal, even though the Foreign Exchange may have been entered into on the Client’s instructions.

  • Post 1994 administrations received authentic political mandate to bring about inclusive institutions of democracy, eradicate self-centered practices of political elites and promote economic advancement for human development as prescribed by the United Nation Development Programme (UNDP).

  • The Committee undertakes to oversee Executing Dealer Members' fulfillment of their best execution and fair pricing obligations on behalf of TDWCI client orders.

  • Upon placing an Order with an Executing Dealer (which may or may not be SMFX), the Executing Dealer incurs obligations as principal, even though the Contract may have been entered on the Client’s instructions.

  • FX Intermediary has not entered into any agreement or arrangement with any Executing Dealer that allows FX Intermediary to set the terms on which the Executing Dealer will submit a trade notification to a PB;4.

  • Annex B Form of Agreement as to EBCS InformationChanges10 Reference is made to (i) the ISDA Derivatives/FX Prime Brokerage Business Conduct Allocation Protocol (“ISDA PB Protocol”), to which each of us is an “Adhering Party” (as defined in the ISDA PB Protocol) and (ii) each “Covered Give-Up Agreement” (as defined in the ISDA PB Protocol) pursuant to which [Prime Broker] (“PB”) acts as the prime broker and [Executing Dealer] (“ED”) acts as the executing dealer.

  • Initial margin for Proprietary 4 In this scenario, the opposite leg between the clearing house and the Executing Dealer would be a Proprietary Position.

  • This would be done through the activation of non-discretionary procedures, similar to the AU’s response to unconstitutional changes of government, for adopting and enforcing the Commission’s decisions.

  • FX Intermediary and Counterparty agree, with respect to any transactions executed or committed to by FX Intermediary for give up to Swap Dealer pursuant to the aforementioned agreement(s), that an Executing Dealer (as defined in the Core Provisions) may provide oral 7 The term “Swap Dealer” refers to the swap dealer that will be the recipient of the Certification.

Related to Executing Dealer

  • Participating Dealer means any licensed broker or dealer and who has entered into a Participation Agreement in form and substance acceptable to the Manager and the Trustee.