Trading Limits means the risk-based limits set established in respect ofon each proprietary account of Participant or Participant’s Authorized Traders or in respect of each Customercustomer account or Customer’s Authorized Traders. Rule 302. Participant Status and Categories of ParticipantsAll Participants of Javelin SEF shall have Trading Privileges on the Javelin SEF which includes the right to access Javelin SEF and enter orders for proprietary and Customercustomer accounts as authorized bythe Participant’s Participant Category. Trading Privileges are subject to any limitation, restriction or revocation imposed, from time to time, by Javelin SEF. Trading on Javelin SEF is limited to ECPs. All Participants that trade on behalf of a Customercustomer shall provide documentationobtain information or representations sufficient to demonstrate that such Customercustomer is an ECP. There are three categories of Participants: (i) Authorized Customer, (ii) Designated Swap Broker, and (iii) Designated Market Maker. Any Participant may designate, pursuant to the Javelin SEF Rules, one or more Authorized Traders or, if such Participant is a DSB or DMM, one or more Sponsored Persons. Rule 303. JurisdictionBy becoming aEach (a) Participant and Sponsored Person, whether or not acting through their Supervised Persons or Authorized Traders, accessing Javelin SEF, submitting an order for execution on Javelin SEF, entering orders into Javelin SEF, or aand (b) market participantCustomer authorizing a Participant or Sponsored Person to submit an order for execution or enter an order into Javelin SEF on its behalf, and without need for any further action or agreement, each (a) market participant, and (b) Participant and its Sponsored Persons and Supervised Persons (each a “Covered Person”) agrees to: (i) be bound by and comply with the Javelin SEF Rules, and (ii) become subject to the jurisdiction of Javelin SEF with respect to all matters arising from trading on Javelin SEF. Unless agreed to in writing by Javelin SEF, no agreement between (a) Participants or Sponsored Persons, (b) market participantsCustomers, or(c) Participants and market participants may supersede the Javelin SEF Rules. Rule 305. Trading Privileges by Participant CategoryEach Participant Category will have the following trading authority.
Trading Limits means the limits that PCL may place on the Orders that may be submitted and/or the trades that may be undertaken through the ACOP Service.
Trading Limits means the pre-execution Credit Limits set and managed via Globex Credit Controls that are applicable to any party to any Spot FX Transaction that is traded on the Platform.
Examples of Trading Limits in a sentence
Daily Trading Limits are always given priority over PBVR in rejecting orders with erroneous prices.
In addition to the PBVR, Daily Trading Limits may be in effect for certain products.
PBVR are monitored throughout the day by the CME GCC and may be adjusted if necessary.It is important to note that the Daily Trading Limits always take precedence over PBVR in rejecting orders with erroneous prices.
They are, in particular, entitled to agree technically supported order limits (Trading Limits) and other limits (“Clearing Limits”) as well as the consequences in case of a non-compliance with these limits.
The Clearing Members and Non-Clearing Members are obliged to check the Trading Limits confirmed by the Markets for completeness and correctness and to correct errors by re-submitting the information.
More Definitions of Trading Limits
Trading Limits means the statement of permitted trading limits specified by the Authority as amended by the Authority and notified to the Contractor and ESTL from time to time;
Trading Limits means the limits prescribed in the Sixth Schedule.
Trading Limits means the limits and restrictions referred to in clause 10.2.
Trading Limits. Margin-to-Equity Limit: [*]% of Nominal Account Size • Maximum Drawdown Limit: Should the Sub-Manager (a) incur trading losses of [*]% or more in any one month or (b) experience trading losses at any time of [*]% from the Sub-Manager’s previous peak performance (i.e., a [*]% drop from Peak to Trough) (either, the “Maximum Drawdown Limit”), the Sub-Manager shall immediately stop trading for the Master Fund’s Sub-Account and notify the following officers of the Investment Advisor by telephone and e-mail at the following numbers/addresses: Xxxx Xxxxx, Co-Chief Investment Officer (000) 000-0000 xxxxxx@xxxxxxxxxxxxx.xxx Xxx Xxxxxxx, Co Chief Investment Officer (000) 000-0000 xxxxxxxx@xxxxxxxxxxxxx.xxx Xxxx Xxxxxxx, Chief Compliance Officer (000) 000-0000 xxxxxxxx@xxxxxxxxxxxxx.xxx Xxxxxxx Xxxxxxx, Managing Partner (000) 000-0000 xxxxxxxx@xxxxxxxxxxxxx.xxx [Signature page follows:] __________________________ * Confidential treatment was initially requested for the Managed Account Agreement between Xxxxxxx Capital Management, Inc. and ADF Trading Company XI, LLC dated June 21, 2011 and subsequently granted on October 3, 2011 with respect to the omitted portions. AGREED & ACKNOWLEDGED: Xxxxxxx Capital Management, Inc. Aspen Partners, Inc. Name: Xxxxxxxxx X. Xxxxxxx Name: Xxxx Xxxxxxx Signature: /s/ Xxxxxxxxx X. Xxxxxxx Signature: /s/ Xxxx Xxxxxxx Date: July 2, 2012 Date: July 2, 2012 Aspen Diversified Fund LLC Name: Xxxx Xxxxxxx Signature: /s/ Xxxx Xxxxxxx Date: July 2, 2012 EXHIBIT A SUB-MANAGER DISCLOSURE STATEMENT Outline of Trading Strategy: The Xxxxxxx TEXO Program identifies statistically significant pairs within defined market sectors and attempts to profit from the convergence/divergence of those pairs from their historical relationship. The TEXO portfolio invests in three asset classes and over 25 futures markets across North America, Europe, and Asia Pacific. A systematic investment process is coupled with discretionary leverage management to produce consistent returns with disciplined risk management, even in extreme market conditions such as those witnessed in 2008. TEXO was developed by an independent research group within Xxxxxxx Emerging Strategies and is managed by Xxxxx Xxxxxxxx. The recommended minimum investment in the TEXO Program is $7,500,000 and maintaining an investment level below this amount may result in performance disparities relative to other accounts traded pursuant to the TEXO Program.
Trading Limits means worldwide trading always within International Navigating Limits.
Trading Limits means the limits prescribed in the Schedule of the Merchant Shipping (Classification of Coastal Trade Ships) Regulations, 1961 [G.N. No. S 33 of 1961].
Trading Limits means worldwide trading always within Institute Navigation Limits.