Fast Market definition
Fast Market means rapid movements on the market for the short period of time often causing Price Gaps. Generally it may occur immediately before or after any important event such as:
Fast Market means a market characterized by rapid price fluctuations over a short period of time often causing Price Gaps. A Fast Market may occur immediately before or after important events such as:
Fast Market the condition of the market characterized by rapid trend changes at a small time interval.
Examples of Fast Market in a sentence
Decreases in liquidity can also result in "Fast Market" conditions where the price of a currency pair moves sharply higher or lower or in a volatile up/down pattern without trading in an ordinary step-like fashion.
If Client places a market order in a Fast Market, there may be a significant difference in the quote Client receives prior to or at the time Client places the order and the execution price Client receives.
Although there may be instances when the aggregate OTC Rolling Spot Forex market enters a "Fast Market" situation or periods where liquidity is in short or no supply, it is important to note that, the Platform’s prices, bid/ask spreads and liquidity will reflect the prevailing interbank market liquidity.
Although there may be instances when the aggregate OTC FX market enters a "Fast Market" situation or periods where liquidity is in short or no supply, it is important to note that, QFS prices, bid/ask spreads and liquidity will reflect the prevailing interbank market liquidity for QFS.
Fast Market Market’ s condition that is characterized by sudden cur rency rate changes during a shor t period of time and often followed by price gaps.
More Definitions of Fast Market
Fast Market means rapid movements on the
Fast Market means a market characterised by rapid price fluctuations over a short period of time often causing Price Gaps. A Fast Market may occur immediately before or after important events such as:
2.1.17.1 release of influential macroeconomic indicators for the global economy;
2.1.17.2 decisions by central banks on interest rates;
2.1.17.3 press conferences and statements by central banks officials, heads of state, financial ministers or other significant announcements;
2.1.17.4 government intervention in the currency market;
Fast Market means a period of time, as determined by the Exchange, during which Dual Counter Market Maker Obligations may be suspended;
Fast Market means the financial market involves severe imbalance of trades in terms of or in combination of high volatility and heavy trading. Market means for OTC-CFD: market which the Company makes available through its trading platform and/or website.
Fast Market means the financial market involves a severe imbalance of trades in terms of or in the combination of high volatility and heavy trading. Market means for OTC-CFD: a market which the Company makes available through its trading platform and/or website. Offline Quote means the quote and other services which will be provided by the Company as a remedial measure in case of system/platform failure. Services mean the services to be provided by the Company according to this agreement through its Online trading platform/website or any other website which is assigned by the Company. Predefined Automatic Order means an order to buy or sell an asset or product or financial instrument at the market price once they have been filled at the same price or at any other worst/better price in the market. Related Party means each or all of the Company's directors, employees, subsidiary companies, affiliates, third-party providers, contractors, or other suppliers, providing services or undertaking work in connection with the provision of the Services under this Agreement Trading Account or Account means one or more online trading accounts now or hereafter opened by the Customer with the Company or an account in which the Customer is a participant.
Fast Market means a period of time, as determined by the Exchange, during which Securities Market Maker Obligations may be suspended;
Fast Market means: o Excessive volatility: In a specific Product, the price moves in excess of x times the Market Maker Spread Requirement within a x minutes period; or o Gap opening: In a specific Product, the opening transaction price or the mid spread is x times the value of the MM spread. Market Maker Commitments and Obligations The MM commits to, on a daily basis, to quote, for its own account, binding bid and offer prices in the agreed Products and maturities when the market opens and when the market closes, as well as quote a two-way buy and sell price in a specific Product on demand. Without undue delay any quote pursuant to this agreement shall be replaced with a new quote as soon as a Transaction is carried out based on the quote. The Products, maturities, Spread Requirements, Time Requirements and the Volume Requirements to the MM is set forth in AttachmentI to this agreement. Market Maker Fees The fee structure relating to the services of the Market Maker is described set in a bilateral agreement between NOREXECO and the Market Maker. Market Maker Contact Person Only a person(s) with sufficient knowledge may be the responsible and or contact person(s) for the MM. MM shall appoint one or more persons who shall be responsible for MM functions during the Quote Hours. The names and contact details of the person(s) who shall act as MM contact person(s) for MM, shall be reported to NOREXECO. Exemptions from Market Maker Commitments Market Maker may during a decleared Fast Market and, after prior approval from NOREXECO, be released from its obligations under this agreement. Duration of Agreement/Cancellation This agreement may be terminated by either party with three months written notice, the first month being the month following the month in which the written notice is received by the other party. Notwithstanding the above, NOREXECO may terminate this agreement with immediate effect in the event MM is in breach of any of its obligations pursuant to this agreement. Breach of Performance of Market Maker Commitments In the event of a breach of MM’s obligations under this agreement, including but not limited to: • failure by MM to provide agreed upon Quotes, • failure to Quote the agreed number of lots in one or more specific Products or maturities, • the failure to Quote within the Spread Requirements • the failure to Quote on request within the Time Requirements NOREXECO shall have the right to charge additional fees pursuant to the from time to time applicable f...