Recognised Market definition

Recognised Market means any stock exchange, over-the-counter market or other securities market in any part of the world.

Recognised Market means any stock exchange or market specified in the Prospectus provided that, with the exception of permitted investments in unlisted securities and off- exchange derivative instruments, investment in securities or financial derivative instruments will be made only in securities or financial derivative instruments listed or traded on an exchange or market (including derivative markets) which meets the regulatory criteria (regulated, operating regularly, recognised and open to the public) and which is listed in the Prospectus.

Recognised Market means a market which is regulated, recognised, operating regularly and open to the public which is provided for in the Articles, relevant details of which are set out in Schedule 3 of this Prospectus;

Examples of Recognised Market in a sentence

• Derivative instruments which are not dealt on a Recognised Market shall be valued at a Valuation Point at a price obtained from the counterparty or a competent person appointed by the Directors and approved by the Depositary for such purpose, or by any other means provided the value is approved by the Depositary.

• If the security is normally quoted, listed or traded on or under the rules of more than one Recognised Market, the relevant Recognised Market shall be that which the Directors, or a competent person, which may be the Investment Manager (appointed by the Directors and each approved for the purpose by the Depositary), determine provides the fairest criterion of value for the security.

• Accordingly, depending on the terms of the relevant index, such assets will be valued at (a) closing bid price, (b) last bid price, (c) last traded price, (d) closing mid-market price or (e) last mid-market price on the relevant Recognised Market at the Valuation Point, as specified in the Relevant Supplement.

• Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.InvestmentsEach asset which is quoted, listed or traded on or under the rules of any Recognised Market shall be valued using the index method of valuations.

• ETCs are liquid securities and may be traded on a Recognised Market in the same way as an equity.

More Definitions of Recognised Market

Recognised Market means any regulated stock exchange or market which is provided for in the Articles of Association, details of which are set out in Appendix II to this Prospectus;

Recognised Market means such markets that meet the regulatory criteria (regulated, operates regularly, recognised and open to the public) and which are listed in the Prospectus and/or Supplement from time to time. With the exception of permitted investments in unlisted securities the ICAV will only invest in those securities and derivative instruments listed or traded on a stock exchange or market (including derivative markets) which meet the regulatory criteria mentioned above;

Recognised Market means a market which is regulated, recognised, operating regularly and open to the public, relevant details of which are set out in Schedule 2 of this Prospectus. The Central Bank does not issue a list of approved markets;

Recognised Market means such markets as are set out in Appendix B hereto;

Recognised Market means any recognised exchange or market listed in accordance with

Recognised Market means, subject to the provisions of the Code, any stock exchange or over-the-counter or over-the- telephone market, any futures exchange and any organised securities market which is open to the public and on which securities are regularly traded, being in each case an exchange or market in any part of the world and in relation to any particular investment includes any responsible firm, corporation or association in any country in the world so dealing in the investment as to be expected generally to provide in the opinion of the Manager a satisfactory market for the investment (subject to any applicable provisions under the Code) and is approved by the Trustee and in such case the investment shall be deemed to be the subject of an effective permission to deal or be dealt in on the market deemed to be constituted by such firm, corporation or association.

Recognised Market means any stock exchange or market, set out in Part VI of this Prospectus; "Regulations" the European Communities (Undertakings for Collective Investment in