Post MCE Trades definition

Post MCE Trades means, subject to such modification and amendment prescribed by the Stock Exchange from time to time, (i) if the Mandatory Call Event occurs during a pre-opening session or a closing auction session (if applicable), as the case may be, of the Stock Exchange, all auction trades in the CBBCs concluded in such session and all manual trades concluded after the end of the pre-order matching period in such session; or (ii) if the Mandatory Call Event occurs during a continuous trading session of the Stock Exchange, all trades in the CBBCs concluded via auto-matching or manually after the time of the occurrence of a Mandatory Call Event;
Post MCE Trades means any trades concluded after the MCE time.
Post MCE Trades means (i) if the Mandatory Call Event occurs in the pre-opening session or the closing auction session (if applicable), as the case may be, of the Stock Exchange, all trades in the Contract concluded via auction during the order matching period and all manual trades concluded after the determination of the final IEP; or (ii) if the Mandatory Call Event occurs in the continuous trading session of the Stock Exchange, all trades concluded via auto-matching or manually after the Mandatory Call Event;

Examples of Post MCE Trades in a sentence

  • Upon the occurrence of a Mandatory Call Event, trading in the CBBCs will be suspended immediately and, subject to the limited circumstances set out in the Conditions in which a Mandatory Call Event may be reversed, the CBBCs will be terminated and all Post MCE Trades will be invalid and will be cancelled and will not be recognised by us or the Stock Exchange.

  • We and our affiliates shall not have any responsibility for any losses suffered as a result of the Trading Suspension and/or Non- Recognition of Post MCE Trades in connection with the occurrence of a Mandatory Call Event, notwithstanding that such Trading Suspension or Non-Recognition of Post MCE Trades may have occurred as a result of an error in the observation of the event.

  • Trading in the CBBCs will be suspended immediately upon the occurrence of a Mandatory Call Event and any Post MCE Trades will be cancelled and will not be recognised by the Stock Exchange or the Issuer.

  • Any trades executed after the MCE (i.e. Post MCE Trades) will not be recognized and will be cancelled.

  • For avoidance of doubt on whether their trades have been cancelled (i.e. whether they are Post MCE Trades), the investors may check with their brokers.

  • All Post MCE Trades will be invalid and will be cancelled, and will not be recognised by the Issuer or the Stock Exchange.

  • We and our affiliates shall not have any responsibility for any losses suffered as a result of the Trading Suspension and/or Non-Recognition of Post MCE Trades in connection with the occurrence of a Mandatory Call Event, notwithstanding that such Trading Suspension or Non-Recognition of Post MCE Trades may have occurred as a result of an error in the observation of the event.

  • We and our affiliates shall not have any responsibility for any losses suffered as a result of the Trading Suspension and/orNon-Recognition of Post MCE Trades in connection with the occurrence of a Mandatory Call Event, notwithstanding that such Trading Suspension or Non-Recognition of Post MCE Trades may have occurred as a result of an error in the observation of the event.

  • We and our affiliates shall not have any responsibility towards you for any losses suffered as a result of the Trading Suspension and/or Non-Recognition of Post MCE Trades in connection with the occurrence of a Mandatory Call Event, notwithstanding that such Trading Suspension or Non-Recognition of Post MCE Trades may have occurred as a result of an error in the observation of the event.

  • Issuers will announce the exact call time within 1 hour after the trigger of MCE, and the Exchange will also send the list of Post MCE Trades to the Bank, and the Bank will inform the customers accordingly.


More Definitions of Post MCE Trades

Post MCE Trades means all trades in the Contracts concluded or recorded in the Stock Exchange’s system after the time of the occurrence of a Mandatory Call Event.Cash Settlement Amount upon occurrence of a Mandatory Call EventAn amount in the Settlement Currency equal to the Residual Value determined solely by us at our discretion, which in any case, cannot be lower than the Minimum Residual Value. The Residual Value is determined by us by reference to the difference between the price at which hedging transactions in the Index or the constituent stocks comprising the Index with respect to the Contracts are unwound (the “MCE Valuation Price”) and the Strike Level:In respect of a series of bull contracts:Minimum Residual Value per Board LotEntitlement x (Minimum Index Level - Strike Level ) x one= Board Lot x Index Currency Amount x Exchange Rate Number of Contracts per Entitlement Where:
Post MCE Trades means, in respect of a series of CBBCs and a Mandatory Call Event:

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