Request for Quote Functionality definition

Request for Quote Functionality means a functionality of the SEF Platform that allows a Requesting Participant to send an RFQ to buy or and/or sell a Swap to any Participant, to which all such Participants may respond with a firm or indicative quote. An RFQ can be sent as a request for quote or as a request for streaming quote. All RFQs and responses to RFQs will disclose the name of the Person with which the Authorized Trader who placed an Order or sent an RFQ is associated in BSEF records. The Requesting Participant may accept a firm response to a request for quote from a recipient Participant. For requests for non-streaming quotes in credit Swaps, the Requesting Participant’s Order may be filled at the price the Requesting Participant accepted or at the subsequent price from the same recipient Participant if the subsequent price is more favorable to the Requesting Participant compared to responses to such request for quote from other recipient Participants received by the Requesting Participant during the same request for quote session.
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Request for Quote Functionality means RFQT or RFQS. All RFQs and responses to RFQs will disclose the name of the Person with which the Authorized Trader who placed an Order or sent an RFQ is associated with in BSEF’s records.
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Request for Quote Functionality means a functionality of the SEF Platform that allows a Requesting Participant to send an RFQ to buy or sell a Swap to any Participant, to which all such Participants may respond with a firm or indicative quote. An RFQ can be sent as a request for quote or as a request for streaming quote. All RFQs and responses to RFQs will disclose the name of the Person with which the Authorized Trader who placed an Order or sent an RFQ is associated in BSEF records.
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Examples of Request for Quote Functionality in a sentence

  • The Request for Quote Functionality will provide each Participant with equal priority in receiving RFQs, transmitting and displaying responses and accepting resulting Orders.(c) CLOB for Cleared SwapsOnly firm bids and offers can be posted on the CLOB.

  • In accordance with CFTC No-Action Letter 17-60, which expires November 15, 2020 at 11:59 p.m. EST, until November 15, 2017 Block Trades in Cleared Swaps may be executed using the Request for Quote Functionality or a Manual Order Ticket and reported to an SDR as set forth in BSEF Rule 532(d).

  • The Request for Quote Functionality will provide each Participant with equal priority in receiving RFQs, transmitting and displaying responses and accepting resulting Orders.(c) Anonymous CLOB for Cleared SwapsOnly firm bids and offers can be posted on the CLOB.

  • In accordance with CFTC No-Action Letter 20-35, which expires December 30, 2022 at 11:59 p.m. EST, Block Trades in Cleared Swaps may be executed using the Request for Quote Functionality or a Manual Order Ticket and reported to an SDR as set forth in BSEF Rule 532(d).

  • RULE 531.B. Trade Correction If permitted by Rule 516, two Participants may pre-arrange a Trade correcting an error.RULE 531.C. Covered Package Transactions and Permitted Transactions (a) Two Participants may pre-arrange a Covered Package Transaction subject to BSEF Rules outside the SEF Platform; provided, however, that each component of such Covered Package Transaction that is a Required Transaction must be executed on the SEF Platform via the Request for Quote Functionality or a Manual Order Ticket.

  • RULE 522.E. Block Trades (a) In accordance with CFTC No-Action Letter 15-60, which expires November 15, 2016 at 11:59 p.m. EST, until November 15, 2016 Block Trades in Cleared Swaps may be executed using the Request for Quote Functionality and a Manual Order Ticket and reported to an SDR as set forth in BSEF Rule 532(d).

  • In accordance with CFTC No-Action Letter 15-60, which expires November 15, 2016 at 11:59 p.m. EST, until November 15, 2016 Block Trades in Cleared Swaps m ay be executed using the Request for Quote Functionality and a Manual Order Ticket and reported to an SDR as set forth in BSEF Rule 532(d).

  • In accordance with CFTC No-Action Letter 16-74, which expires November 15, 2017 at 11:59 p.m. EST, until November 15, 2017 Block Trades in Cleared Swaps may be executed using the Request for Quote Functionality or a Manual Order Ticket and reported to an SDR as set forth in BSEF Rule 532(d).

  • ICES has published ICES LimitsMATERIAL HANDLING INFORMATIONof Liability and Responsibility that are in your service kit.

  • RULE 522.E. Block Trades in Cleared Swaps (a) Block Trades in Cleared Swaps may be executed using the Request for Quote Functionality and reported to an SDR as set forth in BSEF Rule 532(d).


More Definitions of Request for Quote Functionality

Request for Quote Functionality means a functionality of the SEF Platform that allows a Requesting Participant to send an RFQ to buy and/or sell a Swap to any Participant, to which all such Participants may respond with a firm or indicative quote. An RFQ can be sent as a request for quote or as a request for streaming quote. All RFQs and responses to RFQs will disclose the name of the Person with which the Authorized Trader who placed an Order or sent an RFQ is associated in BSEF records. The Requesting Participant may accept a firm or indicative response to a request for quote from a recipient Participant. With respect to foreign exchange Swaps and precious metal Swaps, in the event that any responding recipient Participant updates its response to an RFQ (“Revised Price”) prior to or when a Requesting Participant accepts a firm or indicative response to an RFQ, then the Requesting Participant’s Order will be executed at such Revised Price, rather than the price which the Requesting Participant initially accepted.
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Request for Quote Functionality means a functionality of the SEF Platform that allows a Requesting Participant to send an RFQ to buy or sell a Swap to any Participant, to which all such Participants may respond with a firm or indicative quote. An RFQ can be sent as a request for quote or as a request for streaming quote. All RFQs and responses to RFQs will
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Related to Request for Quote Functionality

  • Request for Quote or “RFQ” means an electronic message disseminated on the SEF Platform for the purposes of soliciting bids or offers for a specific Swap.

  • Request for Quotation (RFQ means the solicitation document issued by the DFMDC to potential bidders for the purchase of equipment, supplies, and/or services as described in the document. The definition includes these Terms and Conditions as well as all Pricing Pages, Exhibits, Attachments, and Amendments thereto.

  • Request for Applications (RFA) means the document (including all exhibits, attachments, and published addenda), issued by the System Agency under which applications for grant funds were requested, which is incorporated by reference in the Grant Agreement for all purposes in its entirety.

  • Request for Qualifications means all materials and

  • Request for Proposals (RFP means all documents, including those attached or incorporated by reference, used for soliciting proposals.

  • Request for Proposals or “RFP” means all documents, including those attached or incorporated by reference, used for soliciting proposals.

  • Solicitation Response means Contractor’s full and complete response (including any Attachments and addenda) to the Solicitation, which is incorporated by reference for all purposes in its entirety.