Prime Broker Trade definition

Prime Broker Trade means a Trade in a Non-Cleared Swap where one Counterparty is a Prime Broker and the other is a Participant with which the Prime Broker has a Non-Cleared Swap Agreement. Only a Permitted Transaction can be a Prime Broker Trade.
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Prime Broker Trade means an Uncleared Transaction executed on the SEF Trading System between a Prime Broker and a counterparty with which the Prime Broker has a Settlement Services Agreement. “Proprietary Account” has the meaning set forth in CFTC Regulation § 1.3(y).
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Prime Broker Trade means (a) a Trade in a Non-Cleared Swap where one Counterparty is a Prime Broker and the other is a Participant with which the Prime Broker has a Non- Cleared Swap Agreement and (b) where the Prime Broker has no knowledge of such trade until after the trade’s execution.
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Examples of Prime Broker Trade in a sentence

  • If the Prime Broker confirms the cancellation, BSEF will cancel the Prime Broker Trade.

  • RULE 516.D Prime Broker Trades (a) A Participant that is a Counterparty to a Prime Broker Trade may request the cancellation of a Prime Broker Trade.

  • The cancellation message must state the USI of the Prime Broker Trade and the reason for cancellation.

  • If BSEF determines that the cancellation satisfies the conditions of Rule 516.D(b), BSEF will cancel the Prime Broker Trade.

  • The cancellation message must state the USI of the Prime Broker Trade, name and contact information of the Prime Broker for the Prime Broker Trade and the reason for cancellation.

  • A Prime Broker Trade shall be canceled in accordance with Rule 516.D.

  • The Participants involved in an erroneous Trade, other than a Prime Broker Trade, may mutually agree to cancel the erroneous Trade or to correct or adjust the erroneous Trade.

  • If, after its own investigation or a notice from a Participant, BSEF determines in its sole discretion that the execution of a Trade, other than a Prime Broker Trade, was the result of an error made by the SEF Platform, then BSEF may: (A) cancel such Trade; or (B) if both Participants, or with respect to a Prime Broker Trade, both Participants and the Prime Broker, affected by the erroneous Trade agree, correct or adjust the price.

  • The cancellation message must state the name and contact information of the Prime Broker for the Prime Broker Trade and the reason for cancellation.

  • The Prime Broker shall communicate the cancellation directly to BSEF within 48 hours after the execution of the Prime Broker Trade and indicate the reason for the cancellation.


More Definitions of Prime Broker Trade

Prime Broker Trade means a Trade in a Non-Cleared Swap where one Counterparty is a Prime Broker and the other is a Participant with which the
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Prime Broker Trade means a transaction executed on or pursuant to the rules of GTX by a Prime Broker Client, acting as agent for an identified Prime Broker, with an Executing Dealer that is subject to the condition subsequent that the Prime Broker is not obligated to perform the Trade if its terms fall outside parameters pre-agreed by the Prime Broker, the Executing Dealer and the Prime Broker Client and that, if the Trade within the Executing Dealer is accepted or deemed to be accepted by the Prime Broker and a Prime Broker Mirror Trade would, if entered into, fall within parameters applicable to the Prime Broker Client, obligates the Prime Broker Client and the Prime Broker to execute a Prime Broker Client Mirror Trade.
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Prime Broker Trade means an Uncleared Transaction executed on the SEF Trading System between a Prime Broker and a counterparty with which the Prime Broker has a Settlement Services Agreement. “Reporting Counterparty” has the meaning set forth in Rule 545.
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Prime Broker Trade means any trade where at least one party to the trade is a Prime Broker and the other is a participant with which the Prime Broker has a Non-Cleared Swap Agreement. A Prime Broker Trade can only occur on a Permitted Transaction.
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Prime Broker Trade means any trade where at least one party to the trade is a Prime Broker.
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Related to Prime Broker Trade

  • Prime Broker means a Person that acts as credit counterparty for transactions executed on the SEF in the name and on behalf of such Person by its client or an agent of its client that is a BSEF Participant and that has authorized a Participant to send RFQs, place Orders or enter into Trades in the name and on behalf of such Person.

  • Data Broker means either of the following:

  • Real estate brokerage activity means any activity that involves offering or providing real estate brokerage services to the public, including:

  • Principal broker means a broker who is either a real estate proprietor, a partner in a real estate partnership, or an officer in a real estate corporation.

  • Real estate broker means an individual or business entity that, with intent to collect or receive a fee, compensation, or valuable consideration, sells or offers for sale, buys or offers to buy, provides or offers to provide market analyses of, lists or offers or attempts to list, or negotiates the purchase, sale, or exchange of real estate; that negotiates the mortgage of real estate; that negotiates for the construction of a building on real estate; that leases or offers or rents or offers for rent real estate or the improvements on the real estate for others, as a whole or partial vocation; that engages in property management as a whole or partial vocation; that sells or offers for sale, buys or offers to buy, leases or offers to lease, or negotiates the purchase or sale or exchange of a business, business opportunity, or the goodwill of an existing business for others; or that, as owner or otherwise, engages in the sale of real estate as a principal vocation.

  • Introducing Broker means a third party who introduces prospective Clients to the Company.

  • Dealer Manager means Realty Capital Securities, LLC, or such other Person selected by the Board of Directors to act as the dealer manager for the Offering.

  • Salesperson means any person holding an Iowa real estate salesperson license as defined in Iowa Code section 543B.5(19).

  • Mortgage broker means any person who for compensation or

  • BT or "CT" under the column "LN FEATURE," indicating that the Mortgage Loan is secured by a second or vacation residence; and

  • Dealer Agreement means any agreement between a Dealer and AmeriCredit or an Originating Affiliate relating to the acquisition of Receivables from a Dealer by AmeriCredit or an Originating Affiliate.

  • Placement Agency Agreement means the Placement Agency Agreement by and between the Company and the Placement Agent dated the date hereof.

  • Pawnbroker means the same as that term is defined in Section 13-32a-102.