local firm definition

local firm means a firm dealing for its own account on markets in financial futures or options or other derivatives and on cash markets for the sole purpose of hedging positions on derivatives markets, or dealing for the accounts of other members of those markets and being guaranteed by clearing members of the same markets, where responsibility for ensuring the performance of contracts entered into by such a firm is assumed by clearing members of the same markets;
local firm means local firm as defined in point (4) of Article 4(1) of Regulation (EU) No 575/2013;
local firm means any firm with headquarters in the State of Louisiana.

Examples of local firm in a sentence

  • The Developer shall instruct its contractor to use all reasonable efforts to purchase Taxable Items in connection with this Project from a Local Firm, provided the cost of the Taxable Items is materially similar to the cost from a non-Local Firm, and the time for delivery of the Taxable Items is materially the same as the delivery time from a non-Local Firm.


More Definitions of local firm

local firm means any firm with an established office located in the State of Louisiana.
local firm means a firm referred to in Article 2(1)(l) of Directive 2004/39/EC which deals for the account of other members of a market or makes prices for them;
local firm means a private organization, firm, or indi- vidual residing or doing business primarily in a major disaster or emergency area.
local firm means a firm dealing only for its own account on a financial-futures or options exchange or for the accounts of or making a price to other members of the same exchange and guaranteed by a clearing member of the same exchange. Responsi- bility for ensuring the performance of contracts entered into by such a firm must be assumed by a clearing member of the same exchange, and such contracts must be taken into account in the calculation of the clearing member's overall capital requirements so long as the local firm's positions are entirely separate from those of the clearing member;
local firm means any firm lawfully engaged in business and located within the limits of the City. Any firm not meeting such criteria does not qualify as a “Local Firm” for purposes of this Agreement.
local firm means a consulting firm which is registered or incorporated in the territory of the Borrower;
local firm means a firm engaged in business and located within the taxing jurisdiction of the City of San Marcos.