Matched Principal Transaction definition

Matched Principal Transaction means a Transaction where a facilitator interposes itself between the buyer and the seller to the Transaction in such a way that meets the requirements of Article 4(1)(38) of MiFID II.
Matched Principal Transaction means a back to back transaction used for client order facilitation where the facilitator interposes between the buyer and seller to the transaction and is never exposed to market risk throughout the execution of the transaction;
Matched Principal Transaction trading’ means a transaction back to back transaction used for client order facilitation where the facilitator interposes between the buyer and seller to the transaction in such a way that it and is never exposed to market risk throughout the execution of the transaction and concludes the transaction at a price where it makes no profit or loss, other than any commission, fee or charge for the transaction;

Examples of Matched Principal Transaction in a sentence

  • Matched Principal Transaction means any transaction where the operator of an ICAP OTF interposes itself between the buyer and the seller to the transaction in such a way that meets the definition of matched principal trading in the FCA Rules.

  • Matched Principal Transaction means any transaction where the operator of an OTCex OTF interposes itself between the buyer and the seller to the transaction in such a way that meets the requirements of Article 4(1)(38) of MiFID II.

Related to Matched Principal Transaction

  • Capital Transaction means the sale, exchange or disposition (other than leasing in the ordinary course of business) of any Partnership property that is not in the ordinary course of business, or casualty damage to or condemnation of any Partnership property, or any substantial interest therein or portion thereof.