Offsetting Trade definition

Offsetting Trade means a Trade executed and submitted for clearing to a Clearing House, with terms and conditions that economically reverse an Error Trade that was accepted for clearing.
Offsetting Trade means a trade executed and submitted for clearing to a registered derivatives clearing organization, or a derivatives clearing organization that the Commission has determined is exempt from registration, with terms and conditions that economically reverse an error trade that was accepted for clearing.(2) Execution of correcting trades and offsetting trades. (i) A swap execution facility shall maintain rules and procedures that facilitate the resolution of error trades. Such rules shall be fair, transparent, and consistent; allow for timely resolution; require market participants to provide prompt notice of an error trade —and, as applicable, offsetting and correcting trades— to the swap execution facility; and permit market participants to:
Offsetting Trade means a trade ex- ecuted and submitted for clearing to a registered derivatives clearing organi- zation, or a derivatives clearing organi- zation that the Commission has deter- mined is exempt from registration, with terms and conditions that eco- nomically reverse an error trade that was accepted for clearing.(2) Execution of correcting trades and offsetting trades. (i) A swap execution facility shall maintain rules and proce- dures that facilitate the resolution of error trades. Such rules shall be fair, transparent, and consistent; allow for timely resolution; require market par- ticipants to provide prompt notice of an error trade—and, as applicable, off- setting and correcting trades—to the swap execution facility; and permit market participants to:

Examples of Offsetting Trade in a sentence

  • The representative policies introduced for this were the Defence Fostering Fund (1980), the Specialized and Departmentalized Enterprises (1983), and the Offsetting Trade System (1982) (ELAW, 2018).

  • Concurrently therewith, the Reliant Retail Obligors shall cause PMI to enter into a back-to-back transaction with REPS under the PMI/REPS RW ISDA in respect of each Offsetting Trade in which PMI takes the same position as it took in the original Offsetting Trade.

  • BSEF will inform the affected Participants of the final disposition of the Error Trade.(v) For Trades in Cleared Swaps executed on an anonymous basis, BSEF will not inform Participants affected by the Error Trade of the identity and contact information of any other Participant affected by the Error Trade and will facilitate a pre-arranged Offsetting Trade or a Correcting Trade if all such Participants agree to or are required to enter into Trades described in Rule 516.B. RULE 516.B .


More Definitions of Offsetting Trade

Offsetting Trade means assuming an equal and opposite position in a futures contract or an option contract

Related to Offsetting Trade

  • Competing Transaction has the meaning set forth in Section 6.1(n).

  • Self-service storage facility or "facility" means any real property designed or used for the purpose of renting or leasing individual storage space to tenants who are to have access to that space for the purpose of storing and removing personal property.

  • Bidder from a country which shares a land border with India for the purpose of this Order means: -

  • Outside Entity means any:

  • Short-barreled shotgun means a shotgun having one or more barrels less than eighteen inches in length and any weapon made from a shotgun by any means of modification if such modified weapon has an overall length of less than twenty-six inches.

  • Established business relationship means a relationship between a seller and a consumer based on:

  • Disproportionately impacted area means a census tract or

  • Competitive contracting means the method described in sections 45 through 49 of P.L.1999, c.440 (C.18A:18A-4.1 through C.18A:18A-4.5) of contracting for specialized goods and services in which formal proposals are solicited from vendors; formal proposals are evaluated by the purchasing agent or counsel or School Business Administrator; and the Board awards a contract to a vendor or vendors from among the formal proposals received.

  • Competitive and Non-Discriminatory Hedging Contract means a contract to hedge a risk associated with a product offered in the ISO Administered Markets between a Non-Qualifying Entry Sponsor and the Developer, Owner or Operator of an Examined Facility with a term that shall not exceed three years (inclusive of all options to extend and extensions) and that the ISO determines has been executed pursuant to a procurement process that satisfies the requirements enumerated below. Competitive and Non-Discriminatory Hedging Contracts shall not be deemed to be a non-qualifying contractual relationship that would prevent an Examined Facility from obtaining a Competitive Entry Exemption pursuant to 23.4.5.7.9 of Attachment H of this Services Tariff. The ISO shall determine that a contract is a Competitive and Non-Discriminatory Hedging Contract only if it concludes, and the Non-Qualifying Entry Sponsor executes a certification confirming that, the contract was executed through a procurement process that met all of the following requirements: (A) both new and existing resources satisfy the requirements of the procurement; (B) the requirements of the procurement were fully objective and transparent ; (C) the contract was awarded based on the lowest cost offers of qualified bidders that responded to the solicitation; (D) the procurement terms did not restrict the type of capacity resources that may participate in, and satisfy the requirements of, the procurement; (E) the procurement terms did not include selection criteria that could otherwise give preference to new resources; and (F) the procurement terms did not use indirect means to discriminate against existing resources, including, but not limited to, by imposing geographic constraints, unit fuel requirements, maximum unit heat-rate requirements or requirements for new construction.

  • Stinger-steered automobile or watercraft transporter means an automobile or watercraft transporter

  • Extreme Vetting means data mining, threat modeling, predictive risk analysis, or other similar services." Extreme Vetting does not include:

  • Hedging Transaction means any short sale (whether or not against the box) or any purchase, sale or grant of any right (including, without limitation, any put or call option) with respect to any security (other than a broad-based market basket or index) that includes, relates to or derives any significant part of its value from the Common Stock.

  • Signaling Transfer Point (“STP”) means a signaling point that performs message routing functions and provides information for the routing of messages between signaling points within or between CCIS networks. A STP transmits, receives and processes CCIS messages.

  • Excluded Entity means a corporation or other entity of which the holders of voting capital stock of the Company outstanding immediately prior to such transaction are the direct or indirect holders of voting securities representing at least a majority of the votes entitled to be cast by all of such corporation’s or other entity’s voting securities outstanding immediately after such transaction.

  • fishing vessel means a vessel used for catching fish, whales, seals, walrus or other living resources of the sea;

  • Lower Tier Covered Transactions refers to any covered transaction under a First Tier Covered Transaction (such as subcontracts). “First Tier Participant” refers to the participant who has entered into a covered transaction with a grantee or subgrantee of Federal funds (such as the prime or general contractor). “Lower Tier Participant” refers any participant who has entered into a covered transaction with a First Tier Participant or other Lower Tier Participants (such as subcontractors and suppliers).