Proprietary Trading Firm definition

Proprietary Trading Firm means an IEX Member that trades its own capital and that does not have "customers," as that term is defined in IEX Rule 11.420(a)(2), 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.
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;
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

Examples of Proprietary Trading Firm in a sentence

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

  • Indicate if the applying Firm is a Proprietary Trading Firm or Trading Arcade:Proprietary Trading Firm Trading Arcade2.

  • As stated in the Offer of Settlement, the parties agreed on the following (inter alia) facts: • TradeLink has been a foreign approved participant of the Bourse since September 23, 2014 • TradeLink operates as a Proprietary Trading Firm which does not deal with any clients.

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

  • By its very nature, a matched principal brokerage (as opposed to a Proprietary Trading Firm) has a low risk appetite.THE RISK IDENTIFICATION PROCESS1 BackgroundThe Capital Requirements Directive (CRD) includes basic requirements for institutions to have robust governance arrangements and effective processes in managing all risks.

  • The individuals and companies that will be eligible for the Program are: Proprietary Trading Firm: An entity whose owners, employees and/or contractors trade solely in the name of accounts owned by the firm, and use only funds of the firm for all trading activity.


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.
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 the
Proprietary Trading Firm means an Exchange member organization that trades its own capital and that does not have customers, 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.]
Proprietary Trading Firm means an LTSE Member that trades its own

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 any external computer interoperating with a Licensed Component through one or more protocols, one or more networks, or one or more adapters;

  • 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 or “Clearing Member” means an entity or individual meeting the requirements of, and approved for, clearing membership at the Clearing House that is authorized pursuant to the Clearing House Rules to clear trades in any or all of the Contracts and that meets the qualification of the Exchange pursuant to Rule 902. A Clearing Firm is authorized to access Eris Exchange to effect transactions. A Clearing Firm may trade for its own proprietary account or an account on behalf of its Customer (e.g., as a broker). A Clearing Firm may trade on behalf of a Customer with an account at a different Clearing Firm acting as a broker or performing an equivalent agency function. The different Clearing Firm is responsible for approving the Clearing Firm for such Customers pursuant to a Clearing Participant Letter of Guarantee. The term “Clearing Firm” collectively refers to all Authorized Traders of a Clearing Firm authorized to utilize Eris Exchange.

  • 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 that Party to this Agreement which has disclosed Confidential Information to the other Party.

  • Business firm means any corporation, partnership, electing small business (Subchapter S)

  • 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.

  • Accenture means the Accenture entity that is a party to the Agreement and its Affiliates (collectively, “Accenture”).

  • 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 means an individual nominated by the Board as a “Investor Designee” for election to the Board pursuant to Section 5.10(a), Section 5.10(d) or Section 5.10(e) of the Investment Agreement.

  • DSS means the Department of Social Services.

  • Trade Secrets means any trade secrets, confidential business information, concepts, ideas, designs, research or development information, processes, procedures, techniques, technical information, specifications, operating and maintenance manuals, engineering drawings, methods, know-how, data, mask works, discoveries, inventions, modifications, extensions, improvements, and other proprietary rights (whether or not patentable or subject to copyright, trademark, or trade secret protection).

  • 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:

  • Masterworks Investor refers to an affiliate of Masterworks that has raised capital from unaffiliated third party investors to invest the proceeds in a diversified collection of artwork and which acquires Class A Ordinary Shares as part of such investment strategy.

  • 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 the Party receiving Confidential Information.