Sell Transaction definition
Examples of Sell Transaction in a sentence
Subject to these Terms, when you close an Undated Transaction, the Closing Level will be, if you are closing an Undated Buy Transaction, the lower figure then quoted by us and, if you are closing an Undated Sell Transaction, the higher figure then quoted by us.
Without prejudice to any rights and liabilities that the Clearing Participant may have against each other, a Clearing Participant who is a party to the ISS Transaction but not a party to the Novated Contract shall be under no liability for any failure of a Trading Clearing Participant to settle a Novated Contract that results from a Buy Transaction or Sell Transaction, as the case may be.
In the case of day-ahead products any relevant System Balancing Sell Transaction shall be deemed to have been entered into in respect of a gas day where the date of delivery corresponds to that gas day.
Undated Sell Transaction - a Transaction to sell with an indefinite contract period that is not capable of expiring automatically.
When you close an Undated Transaction, the Closing Level will be, if you are closing an Undated Buy Transaction, the lower figure quoted by us and if you are closing an Undated Sell Transaction, the higher figure quoted by us.