Rounding Convention definition
Rounding Convention means that, if a Participating Bidder's order is matched in an amount that is not an integral multiple of the Rounding Amount, then the amount to be so matched will be rounded down to the nearest Rounding Amount. The difference between the total amounts of all orders having been filled Pro Rata and the total of all rounded down amounts will be allocated in amounts equal to the Rounding Amount one at a time to Participating Bidders in order, beginning with the Participating Bidder with the order stating the largest Quotation Amount at the same price. In the event that there are Participating Bidders with identical orders of such type, Rounding Amounts will be allocated first to the Participating Bidder whose orders were received first by the Administrators. Any residual amounts which are in aggregate less than the Rounding Amount shall be disregarded.
Rounding Convention. The simple arithmetic mean of rates expressed as a percentage rounded to five decimal places. Calculation Agent: The Seller
Rounding Convention means that, if a Participating Bidder’s order is matched in an amount that is not an integral multiple of US$100,000, then the amount to be so matched will be rounded down to the nearest US$100,000. The difference between the total amounts of all orders having been filled Pro Rata and the total of all rounded down amounts will be allocated US$100,000 at a time to Participating Bidders in order, beginning with the Participating Bidder with the order stating the largest Quotation Amount at the same price. In the event that there are Participating Bidders with identical orders of such type, US$100,000 amounts will be allocated first to the Participating Bidder whose orders were received first by the Administrators.
Examples of Rounding Convention in a sentence
The daily high and low temperatures measured by the Reporting Service and reported by the Reporting Agency shall be rounded to whole numbers prior to the calculation of CDDs using the Rounding Convention.
Compounding: Inapplicable Rounding Convention: 5 decimal places per the ISDA Definitions.
Section 1.1. Definitions 2 Section 1.2. Assumptions as to Pledged Obligations 97 Section 1.3. Interest Calculation Convention 99 Section 1.4. Rounding Convention 99 Section 1.5. Servicing Override 99 ARTICLE 2.
AVT Rounding Convention: degrees Celsius shall be rounded, to four decimal places such that if the fifth number after the decimal point is five (5) or greater then the fourth number after the decimal point shall be increased by one (1), and if the fifth number after the decimal point is less than five (5) then the fourth number after the decimal point shall remain unchanged.
The AVT Index Level shall be rounded in accordance with the AVT Rounding Convention.
More Definitions of Rounding Convention
Rounding Convention. Rounded to the nearest penny Initial Exchange: Initial Exchange Date: ▇▇▇▇▇tive Date Party A Initial Exchange Amount: GBP o
Rounding Convention. Rounded to the nearest cent Party A Floating Rate Day Count Fraction: Actual/360 Party B Floating Amounts:
Rounding Convention means that, if a Participating Bidder's order is matched in an amount that is not an integral multiple of EUR100,000, then the amount to be so matched will be rounded down to the nearest EUR100,000. The difference between the total amounts of all orders having been filled Pro Rata and the total of all rounded down amounts will be allocated EUR100,000 at a time to Participating Bidders in order, beginning with the Participating Bidder with the order stating the largest Quotation Amount at the same price. In the event that there are Participating Bidders with identical orders of such type, EUR100,000 amounts will be allocated first to the Participating Bidder whose orders were received first by the Administrators.
Rounding Convention. Rounded to the nearest penny Reset Dates: The first day ▇▇ ▇ach Calculation Period Initial Exchange: Initial Exchange Date: _________, 2002 Party A Initial Exchange Amount: Party B Currency Amount Party B Initial Exchange Amount: Party A Currency Amount Final Exchange: Final Exchange Date: Termination Date
Rounding Convention means that, if a Participating Bidder's order is matched in an amount that is not an integral multiple of EUR 100,000, then the amount to be so matched will be rounded down to the nearest EUR 100,000. The difference between the total amounts of all orders having been filled Pro Rata and the total of all rounded down amounts will be allocated EUR 100,000 at a time to Participating Bidders in order, beginning with the Participating Bidder with the order stating the largest Quotation Amount at the same price. In the event that there are Participating Bidders with identical orders of such type, EUR 100,000 amounts will be allocated first to the Participating Bidder whose orders were received first by the Administrators. Any residual amounts which are in aggregate less than EUR 100,000 shall be disregarded.
Rounding Convention. Rounded to the nearest penny Reset Dates: First day of each C▇▇▇▇▇ation Period
Rounding Convention. The simple arithmetic mean of rates expressed as a percentage rounded to five decimal places.