Opening Auction definition

Opening Auction means, for Interest Rate Derivatives, the period of time specified in the Contract Specification before continuous trading commences during which orders can be entered, modified, or cancelled but not executed, for the purpose of matching bids and offers at a single price as continuous trading commences if they are crossed at that time;
Sample 1Sample 2Sample 3
Opening Auction means the opening moment of trading session immediately following the pre-trading session, during which bids placed during the pre-trading session may be executed in accordance with the procedure defined by the Operator's Trading Rules, whereas unexecuted bids shall not be eliminated from the trading system and, from the moment of opening of the trading session, shall be included in the corresponding Bid Books of the trading session organized by way of two-sided continuous auction.
Sample 1Sample 2Sample 3
Opening Auction means, in the electronic share market (MTA), MTAX market, Expandi the electronic securitised derivatives market (SEDEX) and the electronic bond and government securities market (MOT), the method of trading that provides for the entry, modification and deletion of orders in a given interval (pre-auction) for the purpose of concluding contracts at a single given future moment (the opening) and at a single price (the opening-auction price or opening price);
Sample 1

Examples of Opening Auction in a sentence

  • A trading session (Regular Trading, Opening Auction Call, etc.) may be changed automatically to another session (Volatility Auction Call, Halt) due to a circuit breaker breach caused by volatile trading.

  • The regular trading day for On Book trading will, for each instrument, consist of many sessions: Start of Trading, Opening Auction, Continuous Trading, Intraday Auction, Halt, Halt and Close, Pause, Closing Auction, Closing Price Publication, Closing Price Cross, Post- Close etc.

  • This message is intended to indicate that NASDAQ has started its opening auction process.“X”Clear NOII - Opening Auction Data.

  • The Opening Auction Period will take place on a daily basis at the beginning of the session and will affect futures and options simultaneously and not to Time Spreads contracts.

  • The end of Opening Auction time will be the time settled in the above table plus a 30 seconds random end.

  • Price Monitoring and Market Order ExtensionsThe Opening Auction Call Session may be followed by a series of Market Order and Price Monitoring Extensions.

  • The Opening Auction Call Session is only applicable for FTSE/JSE ALSI and ALMI Top 40 Index Futures and will be scheduled immediately after the Start of Trading session.

  • The Volume Maximizing Auction Algorithm is generally used in all the auctions such as Opening Auction, Closing Auction, Volatility Auction, Intraday Auction and Re-Opening Auction.

  • IOC and FOK TIFs may not be used during the Opening Auction Call.

  • At December 31, 2006, the fair values of off-balance sheet contracts-for-differences were disclosed but were not included in the balance sheet.


More Definitions of Opening Auction

Opening Auction means the process in DATS, by which the Opening Price is calculated;
Sample 1Sample 2
Opening Auction means, in the electronic share market (MTA), Electronic investment vehicles market (MIV), the Electronic open-end funds and securitised derivative financial instruments market (ETFplus), the electronic securitised derivatives market (SeDeX), the electronic bond market (MOT) and the derivatives market (IDEM), the method of trading that provides for the entry, modification and deletion of orders in a given interval (pre-auction) for the purpose of concluding contracts at a single given future moment (the opening) and at a single price (the opening-auction price or opening price); “Opening-auction price” or “opening price” means, on the electronic share market (MTA), Electronic investment vehicles market (MIV), the Electronic open-end funds and securitised derivative financial instruments market (ETFplus), the electronic securitised derivatives market (SEDEX) and the electronic bond market (MOT), the price at which contracts are concluded in the opening phase; where more than one auction is held for a financial instrument during a Stock Exchange session, the opening-auction price shall be the price determined at the end of the first auction phase; “Order” means an order to buy or sell, for own or customer account, entered by market intermediaries in the electronic share market (MTA), Electronic investment vehicles market (MIV), the Electronic open-end funds and securitised derivative financial instruments market (ETFplus), the electronic securitised derivatives market (SEDEX), the Electronic bond market (MOT), or the derivatives market (IDEM), containing the data and information necessary for its display and execution; “Parameters” means, for the purpose of the market surveillance referred to in Part 6:a) special conditions for the entry and execution of orders in terms of their price, timing and quantity characteristics;b) limits to the maximum changes in the prices of contracts that can be concluded, calculated with reference to other contracts or orders present on the book;c) start, end and duration of trading and the suspension thereof in the different phases; “Parity/multiple” means the number of underlying assets for each securitised derivative financial instrument traded on the SEDEX market; “Private Equity backed (PEB)” means companies whose shareholders have included − for at least 2 years − one or more venture capital institutional investors with a holding of at least 30%, including in jointly-held form; “Professional investors” means the persons re...
Sample 1
Opening Auction means, in the Euronext Milan market MTA, Euronext MIV Milan market, the Electronic ETC/ETN market (ETFplus), the electronic bond market (MOT) and the
Sample 1
Opening Auction means, for Interest Rate Derivatives, the period of time specified in the Contract Specification before continuous trading commences during which orders can be entered, modified, or
Sample 1
Opening Auction means the opening moment of trading session immediately following the pre-trading session, during which orders placed during the pre-trading session may be executed in
Sample 1

Related to Opening Auction

  • Failed Auction has the meaning assigned to such term in the definition of “Dutch Auction”.

  • Dutch Auction means an auction (an “Auction”) conducted by Holdings or one of its Subsidiaries in order to purchase any Term Loans under a Tranche (the “Purchase”) in accordance with the following procedures or such other procedures as may be agreed to between the Administrative Agent and the Borrower:

  • Wholesale auction means an auction of motor vehicles restricted to sales at wholesale.

  • public auction means a method of sale where goods or services are offered by the trader to consumers, who attend or are given the possibility to attend the auction in person, through a transparent, competitive bidding procedure run by an auctioneer and where the successful bidder is bound to purchase the goods or services;

  • Bid Opening Date means the date the Bid is opened by the City.

  • LIBOR Auction means a solicitation of Money Market Quotes setting forth Money Market Margins based on the London Interbank Offered Rate pursuant to Section 2.3.

  • Opening Date means the day on which we first authorize the opening of the facilities, Guest Rooms or services of the Hotel to the general public under the Brand.

  • Reverse auction means a purchasing process in which offerors submit proposals in competing to sell services or supplies in an open environment via the internet.

  • Auction Date means the first Business Day preceding the first day of a Dividend Period.

  • opening of business means 9:00 a.m. (New York City time).

  • E-Auction Process /”E-Auction” shall mean the electronic auction process for sale of the Company conducted in accordance with the provisions of IBC, Liquidation Process Regulations, Applicable Law(s) and this E- Auction Process Information Document inviting Bid from the Bidders for consummating the sale of Company on going concern basis in accordance with the provisions of IBC and Liquidation Process Regulations;

  • Bid Date means the date fixed for receipt of Bids as per Notice Inviting Bids or as extended by subsequent notification(s).

  • Child day center means a child day program offered to (i) two or more children under the age of 13 in a facility that is not the residence of the provider or of any of the children in care or (ii) 13 or more children at any location.

  • Reverse auctioning means a procurement method wherein bidders are invited to bid on specified

  • Flocculation means a process to enhance agglomeration or collection of smaller floc particles into larger, more easily settleable particles through gentle stirring by hydraulic or mechanical means.

  • Incremental Auction means any of several auctions conducted for a Delivery Year after the Base Residual Auction for such Delivery Year and before the first day of such Delivery Year, including the First Incremental Auction, Second Incremental Auction, Third Incremental Auction or Conditional Incremental Auction. Incremental Auctions (other than the Conditional Incremental Auction), shall be held for the purposes of:

  • Auction Period means the dates during which the Test the Waters Auction is held and ending on the last day of the Test the Waters Auction.

  • TARGET2 Business Day means, a day in which the Trans-European Automated Real-Time Gross Settlement Express Transfer (TARGET2) System or any successor is open.

  • Working Day means a day (other than a Saturday or Sunday) on which banks are open for general business in the City of London.

  • Absolute Rate Auction means a solicitation of Competitive Bid Quotes setting forth Competitive Bid Absolute Rates pursuant to Section 2.03.

  • Beyond use date means the date determined by a pharmacist and placed on a

  • Response Date has the meaning assigned to such term in Section 2.22(a).

  • Auction shall have the meaning specified in Section 2.1 hereof.

  • TARGET2 Day means a day that TARGET2 is open for the settlement of payments in euro.

  • Opening Average Share Value means the average, over the trading days in the Opening Average Period, of the closing price of a company’s stock multiplied by the Accumulated Shares for each trading day during the Opening Average Period.

  • Auction Notice has the meaning assigned to such term in the definition of “Dutch Auction”.