Examples of Liquid Securities in a sentence
The Board assign Liquid Securities to individual Market Makers and can also change this assignment.2. Liquid Securities shall be assigned not more frequently than at the beginning of every month to market makers on a rotational basis such that each Liquid Security shall be quoted by at least four market makers at any one time, and that each market maker shall quote at least one Liquid Security per maturity bucket (provided that at least one security exists in each bucket).3.
The Board shall, on the basis of the criteria in Annex L, assign the Liquid Securities among the Market Makers and may, from time to time, change the assignment, but not more frequently than on a monthly basis.
The Board, in consultation with RUR, shall determine the list of Liquid Securities.
Market Makers shall not be entitled to require information as to which Liquid Securities have been assigned to other Market Makers.
If the Equity Cure is made via the deposit of a Liquid Securities Cure Amount, the calculation of Net Interest Bearing Debt to Net Asset Value shall be adjusted so that the Net Asset Value for the Reference Period is increased with an amount equal to the Liquid Securities Cure Amount (including any Excess Amount).