Examples of Trading Host in a sentence
Client orders You should be aware that the Exchange has a number of powers which, if exercised, may impact upon our ability to submit an order on your behalf or which may lead to the cancellation of an order after submission to the LIFFE CONNECT® Trading Host prior to execution.
The CBOT may (a) use and/or access the Software on the Equipment, only at the Locations set forth in Schedule B, and (b) have and make available for use only four (4) run-time copies of the Trading Host.
A Market Maker who desires to accept Directed Orders must systemically indicate that it is an Executing Participant (“EP”) each day the Market Maker wishes to receive Directed Orders from the BOX Trading Host, and during any day if the Market Maker has disconnected from the system and seeks to reconnect.
If a Market Maker does not systemically indicate that it is an EP, then the BOX Trading Host will not forward any Directed Orders to that Market Maker.
In such a case, the BOX Trading Host will send the order directly to the BOX Book.Chapter VI, Section 5(c)(i) prohibits a Market Maker from rejecting a Directed Order.
This would protect the anonymity of individual orders of Options Participants and their Directed Orders entered into the Trading Host.
The proposal specifies that when the BOX Trading Host determines the priority and trade allocation amounts for the Initiating Participant upon the conclusion of the PIP auction, the Trading Host will automatically adjust the trade allocations to the other PIP Participants according to the priority set forth generally in the PIP Rules,9 providing a total amount to the other PIP Participants up to the PIP Surrender Quantity.
The BOX Options Market launched on April 27, 2012 as a fully automated, Price/Time priority execution system.3 Currently, BOX Rule 7130(a)(4) provides that the Trading Host4 accepts buy and sell orders in the respective sequence in which the Trading Host receives such orders and will have a single execution algorithm based on Price/Time priority.5 At this time, the Exchange proposes to establish Rule 7135 which will govern Pro Rata execution and priority on BOX.
LIFFE has a number of powers which, if exercised, may impact upon our ability to submit an order on behalf of you or which may lead to the cancellation of an order after submission to the LIFFE CONNECTTM Trading Host prior to execution.
In addition, this proposal clarifies that certain Improvement Orders (as explained below) are not accepted by the BOX Trading Host.