Matched Principal definition
Matched Principal means the execution method where we are acting as principal in relation to all Client trades whilst simultaneously matching these trades with a counterparty. This is also known as ‘riskless principal’ since the Firm would not be taking the position in their proprietary book.
Matched Principal means that the Company interposes itself between the buyer and the seller to the transaction in such a way that is not exposed to market risk throughout the execution of the transaction as both sides are executed simultaneously. As the transaction is concluded at a price where the Company makes no profit or loss, other than a previously disclosed commission, a fee may be charged for the transaction. Details of which are disclosed on the Company’s website.
Matched Principal means that FXTM interposes itself between the buyer and the seller to the transaction in such a way that is not exposed to market risk throughout the execution of the transaction as both sides are executed simultaneously. As the transaction is concluded at a price where FXTM makes no profit or loss, other than a previously disclosed commission, a fee may be charged for the transaction. Details of which are disclosed on the FXTM’s website.
Examples of Matched Principal in a sentence
The Client understands and acknowledges that the Company will enter into transactions with the Client either as a broker or an agent on a Matched Principal Basis.
This means that for any Transactions executed through the Company’s trading platform the Company is acting as an agent in a Matched Principal trading arrangement.
Services rendered under the ▇▇▇▇ Exchange: Matching and Settlement (Multilateral) 24 Trading pairs where the Company is not the counterparty with regard to Crypto Assets but where the Company conducts Matched Principal Trading (“Matching” system) are indi- cated accordingly on the ▇▇▇▇ Exchange.
During the term of this Agreement, the UBS Fixed Income Matched Principal Trading Desk will not solicit, encourage submission of a proposal for, negotiate, or enter into an arrangement or agreement with any other broker or dealer or bank that provides for a system or other arrangement that is similar to that contemplated under Section 2.a. of this Agreement.
Receive and transmit orders or execute (on an own account basis) orders for the Client in Financial Instruments acting as Principal and/or Matched Principal vis-à-vis Stock Trading.
More Definitions of Matched Principal
Matched Principal a transaction where the Company interposes itself between the buyer and the seller to the transaction in such a way that is never exposed to market risk throughout the execution of the transaction. The Company is instantly setting-off all market risk from each client’s transaction affected by using Straight-Through Processing (STP) bridge with counterparties (liquidity providers) where each client’s transaction is set-off. It is up to the Company to decide which types of Financial Instruments to make available for trading. The only Financial Instruments offered by the Company are Contracts for Difference (CFDs) across a range of asset classes: FX, precious metals, commodities, indices, etc. The Company is ensuring that those financial instruments offered are designed to meet the needs of an identified target market of end clients within the relevant category of the client (retail, experienced retail, professional, eligible counterparties), that the strategy for distribution of the financial instruments is compatible with the identified target market, and that the financial instruments are distributed to the identified target market. The Company shall ensure that the financial instruments are compatible with the needs of the client to whom the service is provided and that those are offered or recommended only when this is in the interest of the client. The Policy sets out the procedures and methods used by the Company to ensure the fair, honest, professional, prompt and expeditious execution on terms most favorable to the Clients in relation to trading in CFDs. When receiving and transmitting orders for execution, the Company is taking all sufficient steps to act in the best interest of its Clients. The factors that contribute to achieving best execution are described below in paragraph IV.
Matched Principal means that OPO GROUP Ltd. interposes itself between the buyer and the seller to the transaction in such a way that is not exposed to market risk throughout the execution of the transaction as both sides are executed simultaneously. As the transaction is concluded at a price where OPO GROUP Ltd. makes no profit or loss, other than a previously disclosed commission, a fee may be charged for the transaction. Details of which are disclosed on the OPO GROUP Ltd.’s website. “Manifest Error” shall mean an error of a Dealer who opens/closes a position or executes an Order at the price which significantly differs from the price for this Instrument in the Quotes Flow at the moment of taking this action, or any other Dealer’s action in regard to the prices which are significantly different from the market prices.
Matched Principal means that the Company interposes itself between the buyer and the seller to the transaction in such a way that is not exposed to market risk throughout the execution of the transaction as both sides are executed simultaneously. As the transaction is concluded at a price where the Company makes no profit or loss, other than a previously
Matched Principal means a transaction in bonds which is facilitated by a trading member (including but not limited to an IDB), in terms of which the facilitating trading member trades with or on behalf of two other trading members or on behalf of a client and another trading member, does not disclose the identity of the two counterparties to each other, and reports to the trading system a purchase transaction and a sale transaction with or on behalf of the two counterparties through the trading member’s stock account;
Matched Principal means that OPO GROUP LLC interposes itself between the buyer and the seller to the transaction in such a way that is not exposed to market risk throughout the execution of the transaction as both sides are executed simultaneously. As the transaction is concluded at a price where OPO GROUP LLC makes no profit or loss, other than a previously
Matched Principal means: an IDB authorized user that does not disclose to the market the identities of the parties to a trade facilitated by that IDB authorized user;
Matched Principal means that CAPITALXTEND LLC interposes itself between the buyer and the seller to the transaction in such a way that is not exposed to market risk throughout the execution of the transaction as both sides are executed simultaneously. As the transaction is concluded at a price where CAPITALXTEND LLC makes no profit or loss, other than a previously disclosed commission, a fee may be charged for the transaction. Details of which are disclosed on the CAPITALXTEND LLC’s website.