Precious Metals Trading definition

Precious Metals Trading means the purchase and sale of Precious Metals pursuant to the terms and conditions of a Precious Metals Contract to be carried out on a deposit basis which does not involve any physical delivery of Precious Metals. “Business Day” means any day, except Saturday, Sunday and the statutory holidays being published in the Gazette. “Client” is applicable to any circumstances, and in the case where the client(s) is/are individual(s), shall include his/their respective executor(s) and administrator(s); in the case where the client is a sole proprietorship firm, shall include the sole proprietor and his executor(s) and administrator(s) and his or their successor(s) in the business; in the case of a partnership firm, shall include the partners who are partners of the firm at the time when the client’s said account or accounts are being maintained and their respective executor(s) and administrator(s) and any other person or persons who shall at any time hereafter be or have been a partner of and in the firm of his/their respective executor(s) and administrator(s) and the successor(s) to such partnership business. “Client Telephone Code” means the Client account number(s), password(s) and/or personal identifier(s) to be used by the Dealer to identify and verify the identity of the Client when placing Investment orders with the Dealer’s dealing room by telephone only. “Contract” means a contract as to be agreed by the Parties (whether orally or in writing or electronically) regarding sales and purchase of Precious Metals pursuant to and subject to the conditions of this Agreement. “Dealer” means Chancellor Precious Metals Limited and its successors in title and partners who acts as a principal in Precious Metals Trading with the Client or the Authorized Representative. “ETS” means Electronic Trading Services, which is the electronic facility enabling the Client to give instructions to, and obtain information and service from the Dealer in relation to Investments, including but not limited to the Dealer’s e-trading system and the Dealer’s website. “Initial Margin” means a deposit as prescribed by the Dealer at the Dealer’s sole discretion in respect of Client’s Precious Metals Trading. The Client shall place such deposit with the Dealer as collateral before giving any Investment orders. The Dealer may change the Initial Margin from time to time at the Dealer’s absolute discretion and any such change shall be effective forthwith without giving the Client any prior notic...
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Precious Metals Trading means the purchase and sale of Precious Metals pursuant to the terms and conditions of a Precious Metals Contract to be carried out on a deposit basis which does not involve any physical delivery of Precious Metals.
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Examples of Precious Metals Trading in a sentence

  • The SRSP only accepts gold from Precious Metals Trading Companies and Alloy Suppliers as follows: • Companies which certify and independently audit that all gold is supplied from refineries and/or banks which fulfill the SRSP criteria under “Refineries” and “Banks” as above.

  • It introduced innovative products including silver leasing for enterprises and PC client for Individual Precious Metals Trading (Shanghai Gold Exchange) Agency business.Assets management and investment bankingThe Bank enhanced the refined, standardised and comprehensive risk management over the assets management and investment banking, in order to promote the sound and sustainable development in this arena.

  • For the Subsidy Scheme for Precious Metals Trading Industry, it aims to provide relief to members of The Chinese Gold and Silver Exchange Society affected by Novel Coronavirus (COVID-19).

  • Morgan Stanley’s Precious Metals Trading Desk offers “unallocated” bullion (gold, silver, platinum and palladium), “allocated” physical precious metals (bars and coins), and “specifically identified” physical precious metals (bars).

  • The Bank proactively explored Precious Metals Trading (Shanghai Gold Exchange) Agency business and the number of contracted customersManagement discussion & analysisof Individual Precious Metals Trading (Shanghai Gold Exchange) Agency business amounted to 2,160,700.

  • Denis Lepetyukha Managing Director of Precious Metals Trading for Norimet Limited.

  • I was quite reasonable in saying to the Minister, "If you cannot do that I will give you an extension of time", and I have advised the committee of my support for that motion.

  • Proceed approx 0.2 miles and turn right at the 1st traffic light onto Westinghouse Dr. Travel 0.7 miles (past the guard stand) to the 3 flags where the building’s main entrance is located.

  • Oral hygiene products, Precious Metals Trading Activities and Real Estate Business Related Activities.Rs. in lakh Particulars Oral Care ActivitiesNotes:‐(a) Segment have been identified in accordance with the Accounting Standard on Segment Reporting (AS‐17) taking into account the organization structure as well as the different risks and return of these Segments.

  • For each type of account you can More information Bullion & Precious Metals Trading Agreement Individual Account No. Name: Country: Date: Day Month Year Toll Free: 000 000 000 - Tel: +000 0 000 0000 - fax: +000 0 000 0000 - E-mail: xxxx@xxxxxxxx.xx - More information All applicants must complete sections 1, 2, 3, 5 and 8.

Related to Precious Metals Trading

  • Precious metals means silver, gold, platinum, palladium, iridium, osmium, rhodium, and ruthenium.

  • Precious Metal means the following, in coin, bullion, or other form:

  • Scrap metal means ferrous or nonferrous metal, or items that contain ferrous or nonferrous metal, that are sold or offered for sale for the value of the ferrous or nonferrous metal they contain rather than their original intended use; ferrous or nonferrous metal removed from or obtained by cutting, demolishing, or disassembling a building, structure, or manufactured item; or other metal that cannot be used for its original intended purpose but can be processed for reuse in a mill, foundry, die caster, or other manufacturing facility.

  • Margin Trading means Leverage trading when the Client may make Transactions having less funds on the Client Account in comparison with the Transaction Size.

  • Consumer-goods transaction means a consumer transaction in which:

  • Gold means elemental gold having an atomic weight of 196.967 and the chemical element symbol of Au, whether found by itself or in combination with its alloys or any other metal.

  • trading book means all positions in financial instruments and commodities held by an institution either with trading intent or in order to hedge positions held with trading intent;

  • Locally manufactured goods means goods whose value, either in whole or in part, is derived from growing, producing, processing, assembling, or manufacturing activities that occur within a city-based manufacturer's facility located within the city.

  • Consignment means products which are either sent simultaneously from one exporter to one consignee or covered by a single transport document covering their shipment from the exporter to the consignee or, in the absence of such a document, by a single invoice;

  • agricultural products means an animal or plant or a product, including any food or drink that is wholly or partly derived from an animal or plant, and includes all after acquired Agricultural Products of the Producer, or any proceeds therefore.

  • Consumer goods means goods that are used or bought for use primarily for personal, family, or household purposes.

  • Abusive Trading means the following actions, but not limited to, pip-hunting, scalping, arbitrage, manipulations or exploitation of any temporal and/or minor inaccuracy in any rate or price offered on the Trading Platform, a combination of faster/slower feeds, use of any robots, spiders or other automated data entry system with the Trading Platform (unless the Client receives express written consent by the Company prior to activating the robot), violation of the Client’s obligations under paragraph 2 of Appendix.

  • Agricultural producer means a person that engages or wishes to engage or intends to engage in the business of producing and marketing agricultural produce in this state.

  • Scrap metal dealer means a person or governmental unit that buys scrap metal and is not a first purchaser. The term includes, but is not limited to, a person, whether or not licensed under state law or local ordinance, that operates a business as a scrap metal recycler, scrap processor, secondhand and junk dealer, or other person that purchases any amount of scrap metal on a regular, sporadic, or 1-time basis.

  • API means the American Petroleum Institute.

  • Silver means elemental silver having an atomic weight of 107.869 and the chemical element symbol of Ag, whether found by itself or in combination with its alloys or any other metal.

  • Agricultural product means the products listed in Annex I to the Treaty, except fishery and aquaculture products listed in Annex I to Regulation (EU) No 1379/2013 of the European Parliament and of the Council of 11 December 2013;

  • LME means the London Metal Exchange.

  • Inventory Tracking System means the required tracking

  • Financial Futures Contract means the firm commitment to buy or sell fixed income securities including, without limitation, U.S. Treasury Bills, U.S. Treasury Notes, U.S. Treasury Bonds, domestic bank certificates of deposit, and Eurodollar certificates of deposit, during a specified month at an agreed upon price.

  • Perishable goods means personal property maintained under controlled conditions for its preservation, and susceptible to loss or damage if the controlled conditions change.

  • Cannabis wholesaler means any licensed person or entity that purchases or otherwise obtains, stores, sells or otherwise transfers, and may transport, cannabis items for the purpose of resale or other transfer to either another cannabis wholesaler or to a cannabis retailer, but not to consumers.

  • FCA means the Financial Conduct Authority;

  • Manufactured good means a good brought to the construction site for incorporation into the building or work that has been--

  • Postconsumer waste means a finished material that would normally be

  • Consumer fireworks means fireworks devices that are designed to produce visible effects by combustion, that are required to comply with the construction, chemical composition, and labeling regulations promulgated by the United States consumer product safety commission under 16 CFR parts 1500 and 1507, and that are listed in APA standard 87-1, 3.1.2, 3.1.3, or 3.5. Consumer fireworks does not include low-impact fireworks.