Trade Error definition
Trade Error means the Insured’s negligence in the clearance, settlement or execution of trades as specifically directed by a client.
Trade Error means any error of the Sub-Adviser in the communication or administration of trading and investment instructions in respect of the Allocated Portion. The parties mutually agree and acknowledge that the determination of what constitutes a Trade Error for purposes of this Agreement will be made by the Adviser and Sub-Adviser in good faith, and in consultation with the Trust or the Trustees as necessary, taking into account factors including but not limited to the investment policies, objectives and restrictions of the Fund, and the Investment Guidelines (as may be amended from time to time). Any losses to the Fund resulting from a Trade Error concerning a trade made by the Sub-Adviser for the Allocated Portion, which cannot be unwound or reimbursed by the broker or dealer, will be promptly reimbursed to the Fund by the Sub-Adviser, or by the Sub-Adviser and Adviser as apportioned among them by mutual agreement. However, to the extent that the Fund receives any payments from the broker, dealer or another third party for the same loss, the Fund will promptly reimburse the Sub-Adviser, or reimburse the Sub- Adviser and Adviser, their respective apportioned amounts paid.
Trade Error means any trade error and similar human error involving any transaction in any digital asset account directly or indirectly held by the Partnership and/or any Trading Subsidiary, including:
Examples of Trade Error in a sentence
To the extent a Trade Error is caused by a third party, such as a broker, the Investment Manager shall seek to recover any related Trade Error Losses from such third party.
Unless a Trade Error has resulted from dishonesty, bad faith or wilful misconduct on the part of the Investment Manager, any related Trade Errors Losses shall be borne by the Company.
More Definitions of Trade Error
Trade Error means any trade error and similar human error involving any transaction in any Partnership account, including: (i) the placement of orders (either purchases, sales, covers or shorts) in excess of the amount of securities the Partnership intended to trade; (ii) the sale of a security when it should have been purchased; (iii) the purchase of a security when it should have been sold; (iv) the purchase or sale of the wrong security; (v) the purchase or sale of a security contrary to regulatory restrictions or Partnership investment guidelines or restrictions; and (vi) incorrect allocations of securities.
Trade Error means any trade error and similar human error involving any transaction in any Company account, including: (i) the placement of orders (either purchases or sales) in excess of the amount of Securities the Company intended to trade; (ii) the sale of a Security when it should have been purchased; (iii) the purchase of a Security when it should have been sold; (iv) the purchase or sale of the wrong Security; (v) the purchase or sale of a Security contrary to regulatory restrictions or Company investment guidelines or restrictions; and (vi) incorrect allocations of Securities.
Trade Error means any trade error and similar human error involving any transaction in any Master Fund account, including: (i) the placement of orders (either purchases, sales, covers or shorts) in excess of the amount of securities the Master Fund intended to trade; (ii) the sale of a security when it should have been purchased; (iii) the purchase of a security when it should have been sold; (iv) the purchase or sale of the wrong security; (v) the purchase or sale of a security contrary to regulatory restrictions or Master Fund investment guidelines or restrictions; and (vi) incorrect allocations of securities.
Trade Error means any trade error and similar human error involving any transaction in any digital asset account directly or indirectly held by the Partnership and/or any Trading Subsidiary, including: (i) the placement of orders (either purchases or sales) in excess of, or less than, the amount of digital assets the account intended to trade; (ii) the sale of a digital asset when it should have been purchased; (iii) the purchase of a digital asset when it should have been sold; (iv) the purchase or sale of the wrong digital asset; (v) the purchase or sale of a digital asset contrary to regulatory restrictions or investment guidelines or restrictions of the account; (vi) incorrect allocations of trades between the account and any Other Account that does not trade pari passu with the account; (vii) keystroke errors that occur when entering trades into an electronic trading system; and (viii) typographical or drafting errors.
Trade Error means any trade error and similar human error involving any transaction in any Partnership account, including: (i) the placement of orders (either purchases or sales) in excess of the amount of Financial Instruments the Partnership intended to trade; (ii) the sale of a Financial Instrument when it should have been purchased; (iii) the purchase of a Financial Instrument when it should have been sold; (iv) the purchase or sale of the wrong Financial Instrument; (v) the purchase or sale of a Financial Instrument contrary to regulatory restrictions or Partnership investment guidelines or restrictions; and (vi) incorrect allocations of Financial Instruments.
Trade Error means any trade error and similar human error involving any transaction in any Partnership account, including: (i) the placement of orders (either purchases, sales, covers or shorts) in excess of the amount of securities the Partnership intended to trade; (ii) the sale of a security when it should have been purchased; (iii) the purchase of a security when it should have been sold; (iv) the purchase or sale of the wrong security; (v) the purchase or sale of a security contrary to regulatory restrictions or Partnership investment guidelines or restrictions; and
Trade Error means an “Insured’s” failure to follow investment instructions from a client during the "Certificate Period" in connection with those "Professional Services" listed in Subsections 1.b. and 1.d. in the Professional Services Endorsement – Life Insurance Company Sponsored Insurance Agents Errors and Omissions Endorsement, when such “Trade Error” would be reasonably likely to result in a “Claim” as defined in Subsection