ICE Platform definition

ICE Platform means the electronic trading system for the trading of such Products as determined by the Exchange from time to time and administered by the Exchange and, in the case of an ICE Block Member, the term "the ICE Platform" shall, where applicable, mean the ICE Block and any other implied or explicit terms relating to the ICE Platform shall be construed accordingly;

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ICE Platform means the electronic trading system for the trading of such Products as

ICE Platform means the electronic trading system for the trading of such Products as determined by the Exchange from time to time and administered by the Exchange and, in the case of an ICE Block Member, the term "the ICE Platform" shall, where applicable, mean the ICE Block Facility and any other implied or explicit terms relating to the ICE Platform shall be construed accordingly; "Illegality" means where, after giving effect to any applicable provision, disruption fallback or remedy specified in, or pursuant to, the Rules, due to an event or circumstance (other than any action taken by a Member or non- Member Sponsored Principal) occurring after a Contract arises, it becomes unlawful under any Applicable Law on any day, or it would be unlawful if the relevant payment, delivery or compliance were required on that day (in each case, other than as a result of a breach by the Member or non-Member Sponsored Principal of the Rules), to perform any absolute or contingent obligation to make a payment or delivery in respect of such Contract, to receive a payment or delivery in respect of such Contract or to comply with any other material provision of the Rules; "in writing" means written, printed or lithographed or partly one and partly another and any other mode of representing or reproducing words in a visible form; "Independent Complaints Commissioner" has the meaning given to the term "Commissioner" in the Complaint Resolution Procedures; "Indirect Clearing Arrangements" means the set of contractual relationships between providers and recipients of indirect clearing services provided by a Client (as defined in Rule F.11.1), an Indirect Client or a Second Indirect Client and so on; "Indirect Clearing Corresponding Contract" means a contract arising at the same time as a Contract arises pursuant to Rules F.1.4 or F.1.7 and an Indirect Clearing Arrangement and to which neither the Clearing House nor any Clearing Member is a party; "Indirect Clearing Provider" means a Member that: (i) is a Client as defined in Rule F.11.1; and (ii) provides indirect clearing services; "Indirect Client" means a Client of a Client as defined in Rule F.11.1; "Individually Segregated Sponsored Account" means an Individually Segregated Sponsored Account as defined in the Clearing House Rules; "Insolvency" means, in relation to any Person: a bankruptcy or winding-up application being presented; a bankruptcy order being made; a suspension of payments or moratorium being granted; a voluntary arrange...

Examples of ICE Platform in a sentence

• The Membership and Contracts department will advise the IPE ETSICE Platform Supervisor who will prevent such Responsible Individuals access to IPE ETSthe ICE Platform to conduct IPE Exchange business, as soon as reasonably practicable.

• IPE ETSThe ICE Platform recognises and processes ‘Limit’, and “Market” orders as set out in the IPE ETSICE Platform User Guide, or user guide of any front end application used by the Member and any other order type as advised by the Exchange from time to time.

• Notwithstanding the reasonability limit, where applicable, a Contract made or purported to be made on IPE ETSthe ICE Platform may be declared invalid by the Exchange in the circumstances set out below.

• The validity and effect of such information shall not be diminished or delayed solely by it being temporarily deleted from display on one or more IPE ETS ICE Platform workstations or delayed, whether by reason of any equipment, communications or otherwise.

• Market Supervision may in accordance with the Default Rules, cancel any order for a Contract in IPE ETSthe ICE Platform which is awaiting execution or cancel any trade in respect of a Contract made on IPE ETSthe ICE Platform.

• The processing of the trade, including allocation, claim and assignment should be completed within 30 minutes of trade execution on IPE ETSthe ICE Platform or direct input of a matched EFP, EFS or Block Trade into TRS.

• If a Contract made or alleged to be made on IPE ETS the ICE Platform is the subject of a dispute on the day of trade, then the Member (who need not be party to such Contract) who disputes the validity of such Contract shall notify the Market Supervisor of his dispute within such period of time as the Exchange may specify.

• The Exchange may, at its discretion, vary the time by which Members must complete the processing set out in 9.1 above where the closure of TRS is less than 30 minutes after the close of trading on IPE ETSthe ICE Platform.

• Where a Member uses a front end application (which meets the Conformance criteria) other than that provided by IPE ETSthe ICE Platform, trading may also be conducted by other individuals within the Member, at the discretion of the Member, provided such individuals are fit and proper, suitable and adequately trained in accordance with IPE ETS Trading Procedure 1.5. These traders may only submit orders under the ITM(s) of a Responsible Individual registered to the Member, and under his supervision.

• However, irrespective of whether an order is being worked on a not held basis, Members are required to immediately execute the order on IPE ETSthe ICE Platform should the order become capable of execution.

More Definitions of ICE Platform

ICE Platform means the fully electronic, web-based trading platform owned and operated by ICE and which permits quote and order entry and automated execution of trades.