Proprietary Trading Firm definition

Proprietary Trading Firm means an ETP Holder that trades its own capital and that does not have "customers," as that term is defined in NYSE National Rule 6.7410(c), and that is not a FINRA member. The funds used by a Proprietary Trading firm must be exclusively firm funds and all trading must be in the firm's accounts. Traders must be owners of, employees of, or contractors to the firm.
Sample 1Sample 2
Proprietary Trading Firm means a legal entity trading its own capital on its own account for direct trading gains and in no event holding, trading and/or managing third party funds;
Sample 1Sample 2Sample 3
Proprietary Trading Firm means an entity which (a) is organised as a corporation, limited liability company, general or limited partnership, statutory business trust or common law business trust under the laws of a state of the United States of America and has its principal place of business in the United States of America, (b) is not a bank, insurance company, stockbroker (including a stockbroker registered with theU.S. Securities and Exchange Commission under Section 15 (b) of the U.S. Securities Exchange Act of 1934, as amended, 15 U.S. Code § 78o(b), a commodity broker (including an FCM registered as such with the CFTC) or a railroad, and
Sample 1Sample 2Sample 3

Examples of Proprietary Trading Firm in a sentence

  • The applicant must either qualify as a futures commission merchant (as defined in the CEA) registered with the CFTC (“ FCM”) or as a Proprietary Trading Firm.

  • Indicate if the applying Firm is a Proprietary Trading Firm or Trading Arcade: Proprietary Trading Firm Trading Arcade 2.

  • Where the Client is a Proprietary Trading Firm or a Trading Arcade, the AP/FAP shall ensure that the Client notifies MX as soon as possible of any trader joining the Client (a “New Trader”) by completing and providing MX with a New Trader Identification Form in the form as determined by MX.

  • Signed in on For applying Firm named above: By: Name: Title: Appendix BTrader Registration Form Quebec Proprietary Trading Firm Incentive ProgramParticipation to the Quebec Proprietary Trading Firms Incentive Program (the “Program”) is subject to the approval of the Bourse.

  • For this purpose, the Proprietary Trading Firm will submit its most recent Form 1-FR (as such Form is defined by the CFTC) to Eurex 1 Special prerequisites and provisions for U.S. Clearing Members Clearing AG.

  • For the avoidance of doubt, Affiliates of a Proprietary Trading Firm and Affiliates of an FCM will be set up as Direct Clients in the systems of Eurex Clearing AG.

  • Proprietary Trading Firm" shall mean an ETP Holder that trades its own capital and that does not have "customers," as that term is defined in NYSE National Rule 6.7410(c), and that is not a FINRA member.

  • Proprietary Trading Firms may only participate in the Clearing of Eurex Transactions that are (i) Own Transactions or (ii) Client-Related Transactions of an Affiliate of such Proprietary Trading Firm.

  • Recent approaches have suggested utilizing GPUs [9] and Convolutional Neural Networks (CNNs) [7] to accelerate the computations.

  • Multiple Membership Types (Equity Clearing Member, Lessee/Licensee/Delegate, Electronic Corporate Member, Individual Equity Member, Proprietary Trading Firm, Hedge Fund, etc.) 2.


More Definitions of Proprietary Trading Firm

Proprietary Trading Firm means an entity which (a) is organised as a corporation, limited liability company, general or limited partnership, statutory business trust or common law business trust under the laws of a state of the United States of America and has its principal place of business in the United States of America, (b) is not a bank, insurance company, stockbroker (including a stockbroker registered with theU.S. Securities and Exchange Commission under Section 15(b) of the U.S. Securities Exchange Act of 1934, as amended, 15 U.S. Code § 78o(b), a commodity broker (including an FCM registered as such with the CFTC) or a railroad, and (c) only clears transactions for its own account or the account of its Affiliates and not for the account of either a “30.7 customer” within the meaning of CFTC Rule 30.1 (f) or a foreign futures customer as described in Section 761(9) of the Bankruptcy Code.
Sample 1Sample 2Sample 3
Proprietary Trading Firm means an LTSE Member that trades its own
Sample 1

Related to Proprietary Trading Firm

  • Selling Firm has the meaning given to it in Section 2(1);

  • Lobbying firm means any business entity, including an individual contract lobbyist, which meets either of the following criteria:

  • Consulting Firm has the meaning set forth in Section II.A.4.

  • Trading Partner means an entity that has registered with the Commission to exchange data through Electronic Data Interchange.

  • Selling Firms has the meaning specified in section 5.1;

  • sponsoring firm means the firm registered in a jurisdiction of Canada on whose behalf an individual acts as a dealer, an underwriter, an adviser, a chief compliance officer or an ultimate designated person;

  • Disclosing Party means the Party disclosing Confidential Information to the Receiving Party.

  • Proprietary Technology means the technical innovations that are unique and

  • Clearing Firm means an entity that meets the requirements of clearing membership at a Clearing House that clears Trades in any or all of the MarketAxess SEF Swaps and is authorized to submit Trades for clearing to the Clearing House.

  • Non-Disclosing Party has the meaning set forth in Section 7.7.

  • Receiving Party Personnel has the meaning set forth in Section 37(d).

  • Discloser means a party to this Agreement when the party is providing or disclosing Confidential Information to the other party.

  • Business firm means a person that transacts business on a regular and continual basis, or a person that proposes to transact business on a regular and continual basis.

  • Trading Member means a Person who has been approved by Nadex to trade directly and not through a FCM Member on the Market, and does not include any FCM Member.

  • Independent Software Vendor or “ISV” means a Person that makes available to Participants and Authorized Traders a system or platform offering smart order routing, front-end trading applications, an aggregation platform or a combination of the foregoing but that does not provide Participants or Authorized Traders with the ability to effect transactions other than through the Trading System.

  • Proprietary Information shall have the same meaning as Confidential Information.

  • Secret or “Top Secret”; or  is exempt information as set out in Part 2 of FOISA (disregarding for that purpose whether a provision of Part 2 does not confer absolute exemption within the meaning of section 2(2) of FOISA).

  • Selected Firm means the firm who is selected by the City and to whom the City Council/City Manager awards a contract for the services or commodities requested in this solicitation.

  • Investor Designee shall have the meaning set forth in Section 5(a).

  • Similar Works here means Construction/Repair/Retrofit/ Development & Maintenance and Management of the housing complexes/social housing/ residential societies/hostels/hotels by Agency/Consortium themselves in last five years.

  • Trade Secrets means trade secrets, know-how and other confidential or proprietary technical, business and other information, including manufacturing and production processes and techniques, research and development information, technology, drawings, specifications, designs, plans, proposals, technical data, financial, marketing and business data, pricing and cost information, business and marketing plans, customer and supplier lists and information, and all rights in any jurisdiction to limit the use or disclosure thereof.

  • Proprietary school means a school that uses a certain plan or method to teach a trade, occupation, or vocation for a consideration, reward, or promise of any kind. Proprietary school includes, but is not limited to, a private business, trade, or home study school. Proprietary school does not include any of the following:

  • Proprietary mark or “brand” means the mark or brand of a product which is owned by an industrial firm;

  • Proprietary medicine means a completely compounded nonprescription drug in its unbroken,

  • Receiving Party means a Party receiving confidential or proprietary information from the Disclosing Party.