Opening Market Price definition

Opening Market Price means the price/yield of the first Trade for each Security to be determined at the Opening Order Match period at the beginning of each Trading Day;
Sample 1Sample 2Sample 3
Opening Market Price means the price/yield of the first Trade for each Security to be determined at the Opening Order Match period at the beginning of each Trading Day; “Opening Order Match” means a phase of the market as determined from time to time by NZX immediately following a Pre-Opening Session, where Trades are created from matching Orders, using a pre-set algorithm when prices/yields overlap; , in accordance with Rules 11.3, 12.3, 14.3, 22.7.3 or 23.3.3; “Operational Risk Requirement” means the amount calculated under Rule 19.6;19.6; “Option” means an option to acquire or sell a Security or an interest in a Security, and in Rule 19.319.3 to Rule 19.1319.13 includes an agreement that confers on the holder the right (but not the obligation) to: (a) acquire or dispose of a Commodity or an interest in a Commodity; (b) require the other party to the Option to enter into a Futures Contract; or (c) require the other party to pay a Final Settlement Amount; “Order” or “Orders” means an instruction to purchase or sell Securities or an instruction to amend or cancel a previous instruction to purchase or sell Securities; “Organising Participant” has the meaning given to that term in the NZSX Listing Rules; “Overdue” means where an unconditional obligation of a Counterparty remains unpaid after the date on which the obligation was due for payment under the terms of the transaction, except that: (a) for trades in Financial Instruments, the transaction shall be considered overdue if unsettled 10 Business Days after the date on which Settlement was due; and(b) for a written Option, the transaction shall be considered overdue if the Counterparty has not paid the premium on the due date; and(c) a transaction where the Market Participant Requiring Capital holds on trust as security for the amount outstanding, Securities with a current market value of at least 140% of the amount payable, shall not be considered overdue; “Overseas Participant” means a Market Participant that is domiciled, resident or incorporated in a jurisdiction outside of New Zealand;
Sample 1Sample 2

Examples of Opening Market Price in a sentence

  • Thus, the formula will be as follows: NS= (MP-€9.09) x NO x (1-.18) MP Where: NS = Number of Shares of BSSA MP = Opening Market Price in Euros at exercise date NO = Number of options to be exercised The table below sets forth the number of options awarded to each NEO under the I06 Plan: NEO Number of Options José R.

  • The investor’s return can be calculated using the following formula:Return (R) = (Closing Market Price - Opening Market Price)/ Opening Market Price.

Related to Opening Market Price

  • Closing Market Price means the price at which the company’s security was last sold, on the applicable date,

  • Market Price means, with respect to a particular security, on any given day, the last reported sale price regular way or, in case no such reported sale takes place on such day, the average of the last closing bid and ask prices regular way, in either case on the principal national securities exchange on which the applicable securities are listed or admitted to trading, or if not listed or admitted to trading on any national securities exchange, the average of the closing bid and ask prices as furnished by two members of the Financial Industry Regulatory Authority, Inc. selected from time to time by the Company for that purpose. “Market Price” shall be determined without reference to after hours or extended hours trading. If such security is not listed and traded in a manner that the quotations referred to above are available for the period required hereunder, the Market Price per share of Common Stock shall be deemed to be (i) in the event that any portion of the Warrant is held by the Original Warrantholder, the fair market value per share of such security as determined in good faith by the Original Warrantholder or (ii) in all other circumstances, the fair market value per share of such security as determined in good faith by the Board of Directors in reliance on an opinion of a nationally recognized independent investment banking corporation retained by the Company for this purpose and certified in a resolution to the Warrantholder. For the purposes of determining the Market Price of the Common Stock on the “trading day” preceding, on or following the occurrence of an event, (i) that trading day shall be deemed to commence immediately after the regular scheduled closing time of trading on the New York Stock Exchange or, if trading is closed at an earlier time, such earlier time and (ii) that trading day shall end at the next regular scheduled closing time, or if trading is closed at an earlier time, such earlier time (for the avoidance of doubt, and as an example, if the Market Price is to be determined as of the last trading day preceding a specified event and the closing time of trading on a particular day is 4:00 p.m. and the specified event occurs at 5:00 p.m. on that day, the Market Price would be determined by reference to such 4:00 p.m. closing price).

  • Current Market Price shall have the meaning set forth in Section 11(d) hereof.

  • Closing Sale Price means, for any security as of any date, the last closing trade price for such security on the Principal Market, as reported by Bloomberg, or, if the Principal Market begins to operate on an extended hours basis and does not designate the closing trade price, then the last trade price of such security prior to 4:00:00 p.m., New York time, as reported by Bloomberg, or, if the Principal Market is not the principal securities exchange or trading market for such security, the last trade price of such security on the principal securities exchange or trading market where such security is listed or traded as reported by Bloomberg, or if the foregoing does not apply, the last trade price of such security in the over-the-counter market on the electronic bulletin board for such security as reported by Bloomberg, or, if no last trade price is reported for such security by Bloomberg, the average of the ask prices of any market makers for such security as reported in the “pink sheets” by OTC Markets Group Inc. (formerly Pink Sheets LLC). If the Closing Sale Price cannot be calculated for a security on a particular date on any of the foregoing bases, the Closing Sale Price of such security on such date shall be the fair market value as mutually determined by the Company and the Holder. If the Company and the Holder are unable to agree upon the fair market value of such security, then such dispute shall be resolved in accordance with the procedures in Section 13. All such determinations shall be appropriately adjusted for any stock dividend, stock split, stock combination or other similar transaction during such period.

  • Closing Price has the meaning assigned to such term in Section 15.1(a).

  • Principal Trading Market means the Trading Market on which the Common Stock is primarily listed on and quoted for trading, which, as of the date of this Agreement and the Closing Date, shall be the Nasdaq Global Select Market.

  • Sale Price means the value as determined by the Administrator of the consideration payable, or otherwise to be received by stockholders, per share of Stock pursuant to a Sale Event.