Market Monitor definition

Market Monitor means the head of the Market Monitoring Unit.
Market Monitor or “market monitor” means a Person that is the Market Monitoring Unit (as defined in 18 C.F.R. 35.28) of an ISO or RTO. For the avoidance of doubt, the “Market Monitor” or “market monitor” for MISO, as of the Effective Date, is Potomac Economics, which serves as MISO’s Independent Market Monitor.
Market Monitor shall monitor market power and other competitive conditions in the Markets and make reports and recommendations as appropriate.

Examples of Market Monitor in a sentence

  • The External Market Monitor shall keep the Governance Participants informed of the progress of any report being prepared pursuant to the terms of this Agreement.

  • ISO shall file its contract with the External Market Monitor with the Commission.

  • Members of the ISO Board who also perform management functions for the ISO shall be excluded from oversight and governance of the Internal Market Monitor and External Market Monitor.

  • The External Market Monitor budget will be separately identified, included and considered in the overall ISO budget process set forth in Section 12.

  • The contract shall prohibit the External Market Monitor (i) from providing any consulting services to the Governance Participants or any services to ISO that are unrelated to the External Market Monitor’s functions under the contract to ISO, provided that this prohibition shall not limit in any way the ability of the External Market Monitor to prepare and file testimony or work on improvements to the New England Markets or (ii) from providing consulting services to any Governance Participant.

  • Nothing in this Agreement is intended to limit a Governance Participant’s right to request the External Market Monitor to report whether the current market design/rules support efficient and competitive outcomes.

  • Any proposed termination of the contract with the External Market Monitor or modification of, or other limitation on, the External Market Monitor’s scope of work shall be subject to prior Commission approval.

  • Notwithstanding the foregoing, in the event the Internal Market Monitor believes broader dissemination could lead to exploitation, it shall limit distribution of its identifications to the ISO and to the Commission, with an explanation of why broader dissemination should be avoided at that time.

  • The External Market Monitor will have the opportunity to comment on any filings under development by the ISO and may file comments with the Commission when the filings are made by the ISO.

  • Any amendments deemed to be necessary by the Internal Market Monitor shall be undertaken after consultation with Governance Participants in accordance with Section 11.


More Definitions of Market Monitor

Market Monitor shall monitor market power and other competitive conditions
Market Monitor means the head of the IMM.
Market Monitor means the entity selected under
Market Monitor means the person who administers the Sunshine Market Monitor program through Garden Island RC&D with approved County funds.
Market Monitor means Monitoring Analytics, LLC, acting in its capacity as the Independent Market Monitor for PJM Interconnection, L.L.C.

Related to Market Monitor

  • Market Monitoring Unit means the consulting or other professional services firm, or other similar entity, retained by the Board, as specified in Section 30.4.2 of Attachment O, that is responsible for carrying out the Core Market Monitoring Functions and the other functions that are assigned to it in Attachment O. The Market Monitoring Unit shall recommend Tariff and market rule changes, but shall not participate in the administration of the ISO’s Tariffs, except as specifically authorized in Attachment O.

  • Contract Monitor means the Department employee identified in Section 1.6 of the IFB as the Contract Monitor.

  • Fraud Monitoring System means an off-line administration system that monitors suspected occurrences of ABT- related fraud.

  • Beam monitoring system means a system designed and installed in the radiation head to detect and measure the radiation present in the useful beam.

  • S&P CDO Monitor The dynamic, analytical computer model developed by S&P and used to calculate the default frequency in terms of the amount of debt assumed to default as a percentage of the original principal amount of the Collateral Obligations consistent with a specified benchmark rating level based upon certain assumptions (including the applicable S&P Minimum Weighted Average Recovery Rate) and S&P’s proprietary corporate default studies, as may be amended by S&P from time to time upon notice to the Issuer, the Collateral Trustee, the Collateral Manager and the Collateral Administrator. Each S&P CDO Monitor will be chosen by the Collateral Manager (with notice to the Collateral Administrator) and associated with either (x) an S&P Minimum Weighted Average Recovery Rate and an S&P Minimum Weighted Average Floating Spread from Section 2 of Schedule 4 or (y) an S&P Minimum Weighted Average Recovery Rate and an S&P Minimum Weighted Average Floating Spread confirmed by S&P, provided that as of any date of determination the Weighted Average S&P Recovery Rate for the Highest Ranking Class equals or exceeds the S&P Minimum Weighted Average Recovery Rate for such Class chosen by the Collateral Manager and the Weighted Average Floating Spread equals or exceeds the S&P Minimum Weighted Average Floating Spread chosen by the Collateral Manager. The model version of the S&P CDO Monitor is available at ▇▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇.▇▇▇▇▇▇▇▇▇▇.▇▇▇▇▇▇▇▇.▇▇▇.