Examples of prompt date in a sentence
Historic Price Carry trades are used to roll or carry forward an existing Client Contract to a valid Prompt Date on the basis of the original contract price between the same Members.
The Transfer post-trade category should also be used to offset a common Client’s delivery exposure for the Cash Today (“TOM”) or Cash Prompt Date for existing on-Exchange positions.
In these circumstances, a net position may be offset at each Clearing Member by submitted the relevant entries to the Matching System priced at the Official Settlement Price for the Prompt Date.
Client positions may be transferred at the original “Historic” contract price, or “Current” market price (usually the Closing Price for the relevant Prompt Date).
Where the details of the original trade have changed – e.g. Prompt Date, price, volume – then the executing Member may again choose to follow either (a) or (b) as above.
Each commodity and Prompt Date for Futures Contracts and commodity, option date, option type and Strike Price for Options Contracts have their own unique ISIN.
In any other case where we hold your Warrants in SWORD, and subject to contrary written agreement between you and us, transfer to us shall be deemed to occur at 10am London time on the Prompt Date applicable to the transaction.
Each Charitable organization must provide and maintain a list of trained bona fide members who are oriented to all policies and standards in advance of carrying out scheduled assignments.
Requests for extensions to either the relevant TOM matching deadline (or the trading day +1 matching deadline in the case of LMEprecious, i.e. the deadline for the T+1 Prompt Date as defined in Part 13 of the Rules), or the London inter-office trade input deadline will only be granted in exceptional circumstances.
Lending tom-next involves selling for the tom Prompt Date and buying for the cash Prompt Date.