Market Spread definition
Market Spread means the difference between the bid and offer prices for a transaction of equivalent size in a Instrument, or a related Instrument, in the Underlying Market;
Market Spread means the difference between the hourly day-ahead prices of the two concerned bidding zones for the respective market time unit in a specific direction;
Market Spread means, on any date of determination, the positive difference between the Federal Funds Rate on such date of determination, and the 1-month LIBO Rate effective as of 11:00 A.M., London time, on such date of determination (and not as in effect two Business Days prior thereto).
Examples of Market Spread in a sentence
Market Spread means the difference between the day-ahead prices of the two concerned Bidding Zones for the respective market time period in a specific direction.
The Regulatory Authorities of the GB-FR BZB welcomed the changes to the Mid Channel Day Ahead Market Spread definition (Section 1), additional clarifications in Sections 3, 9 and 12 as well as other changes described in the above section of this agreement.
The Accretion Date on or next following the date that a Market Spread Notice shall have been delivered shall be, the "Market Spread Date").
Until the Accretion Rate is so fixed by the giving of such notice, the initial Accretion Rate of the Senior Notes from the Issue Date until the Market Spread Date shall be 10.875% per annum.
The Accretion Rate from and after the Market Spread Date shall be equal to the sum of (a) the Treasury Rates (as defined below), plus (b) the spread over such treasury bond rate then applicable to the Company's 10.75% Senior Secured Discount Notes due 2008 (the "Reference Notes"), plus (c) 125 basis points, plus (d) the Additional Rate.
More Definitions of Market Spread
Market Spread means the ditterence between the bid and otter (or Ask) prices for a transaction of equivalent size in an Instrument, or a related Instrument, in the Underlying Market; ‘Minimum Size’ means, in respect of a Transaction in which a Minimum Size applies, the minimum number of shares, contracts or other units of an Instrument that we will deal on, which in most cases is specified in the Product Details and, where not so specified, we will inform you of on request;
Market Spread means the difference between the day-ahead prices of the two concerned Bidding Zones for the respective market time period in a specific direction; National Regulatory Authorities means the regulatory authorities referred to in Article 35(1) of Directive 2009/72/EC; Nomination means the notification of the use of Long Term Cross Zonal Capacity by a Physical Transmission Rights holder and, where applicable, by their counterparty, to the respective Transmission System Operator(s); Nomination Rules means the rules with regard to the notification of use of Physical Transmission Rights to the relevant Transmission System Operator(s);
Market Spread means the difference between the bid and offer prices for a Transaction of equivalent size in an Instrument, or a related Instrument in the Underlying Market which the Company has the right at its discretion to adjust depending on the current market conditions as well as the size of the Client’s Order;
Market Spread means, on any date of determination, the positive difference between (i) the Federal Funds Rate on such date of determination, and (ii) the 1-month Term SOFR Rate effective as of 11:00 a.m. (New York City time) on such date of determination (and not as in effect two Business Days prior thereto), plus the SOFR Adjustment.
Market Spread means the difference between the bid and offer prices for a Transac- tion of equivalent size in an Underlying Instrument, or a related Instrument, in the Un- derlying Market. • Minimum Trade Size means, in respect of a Transaction in which a Minimum Trade Size applies, the minimum number of shares, contracts or other units of an Underlying Instrument that we will deal on, which in most cases is specified in the Contract Details and, where not so specified, we will inform you of on request.
Market Spread means the difference between the hourly day-ahead prices of the two concerned Bidding Zones for the respective market time unit in a specific direction; Multiregional Price Coupling (MRC) means the mechanism where the market clearing prices and the net positions are determined in the day-ahead timeframe in a single step in accordance with the multi-regional procedures using physical hourly ATC and/or Flow Based capacities between Parties. ATC based means Price Coupling made by using coordinated ATC (Available Transfer Capacities) values to define the available Cross-Zonal Capacities; National Regulatory Authorities (NRA) means the regulatory authorities referred to in Article 55(1) of Directive 2009/72/EC; Nomination means the notification of the use of Transmission Rights by a Physical Transmission Rights holder and , where applicable, by their counterparty, or an authorized third party, to the respective Transmission System Operator(s); Nomination Rules means the rules with regard to the notification of use of Physical Transmission Rights holder and their counterparty, or an authorized third party, to the respective Transmission System Operator(s); Participation Agreement means, the agreement, by which the Parties undertake to comply with the terms and conditions for Daily Capacity Allocation as contained in these Allocation Rules; Party/ Parties means the Allocation Platform and/or a Registered Participant referred to individually as Party or collectively as Parties; Physical Transmission Right means a right entitling its holder to physically transfer a certain volume of electricity in a certain period of time between two Bidding Zones in a specific direction; Pre-Bid means a pair of Bid Quantity and Bid Price offered by a Registered Participant participating in an Auction before the bidding gate opens; Product Period means the time and date on which the right to use Transmission Rights commences and the time and date on which the right to use the Transmission Rights ends. For daily Allocation the Product Period covers a calendar day of a period of 24 hours beginning at 0:00 and ending at 23:59:59. The days on which the legal time changes (daylight saving time) will be composed of either 23 hours or 25 hours; Responsible TSO(s) or relevant TSO(s) or TSO(s): Rights Document means a document containing the information of the maximum amount of allocated Transmission Rights that can be nominated by a market participant per Bidding Zone border per day per ho...
Market Spread means the difference between the hourly day-ahead prices of the two concerned Bidding Zones for the respective market time unit in a specific direction; National Regulatory Authorities means the regulatory authorities referred to in Article 35(1) of Directive 2009/72/EC; Nomination means the notification of the use of Long Term Cross Zonal Capacity by a Physical Transmission Rights holderand its counterparty, or an authorized third party, to the respective Transmission System Operator(s); Nomination Rules means the rules with regard to the notification of use of Long Term Cross Zonal Capacity by a Physical Transmission Rights holder and their counterparty, or an authorized third party, to the respective Transmission System Operator(s); Participation Agreement means the agreement, by which the Parties undertake to comply with the terms and conditions for Cross Zonal Capacity Allocation as contained in these Allocation Rules; Party/ Parties means the Allocation Platform and/or a Registered Participant referred to individually as Party or collectively as Parties; Physical Transmission Right means a right entitling its holder to physically transfer a certain volume of electricity in a certain period of time between two Bidding Zones in a specific direction; Product Period means the time and date on which the right to use the Long Term Transmission Right commences and the time and date on which the right to use the Long Term Transmission Right ends; Reduction Period means a period of time, i.e. specific calendar days and/or hours, within the Product Period in which Cross Zonal Capacities with a reduced amount of MW are offered taking into account a foreseen specific network situation (e.g. planned maintenance, long- term outages, foreseen balancing problems);