Volume Matching Session definition

Volume Matching Session means a trading session using a Trading System that Matchesand Executes Orders at the Volume Matching Price. 3. MIC CodeThe Segment MIC code for the ETP Segment is IMET. 4. Trading HoursThe ETP Segment is available for trading during the normal market hours for trading in Exchange Traded Products, subject to the Operator’s discretion. Normal hours are 06:00 to 18:30 in London, England. 5. Products Trading is permitted in the ETP Segment in the following Tradable Instruments: Financial InstrumentsParameters (where applicable)Exchange Traded Funds “ETFs”All currenciesExchange Traded Notes “ETNs”All currenciesExchange Traded Commodities “ETCs”All currencies Trading is permitted in the ETP Segment in the following types of Transactions: Transaction TypesParameters (where applicable)Outright(i) A Transaction in a single Financial Instrument from the table aboveNAVExecution price is agreed as a basis relative to the closing NAV of the underlying Exchange Traded Product on the agreed date 6. Order Types Only limit Orders are permitted in the ETP Segment. The following table lists the variable attributes that are allowed when submitting a limit Order: ProtocolSub-ProtocolTime to live• Good until cancelled• Good until date/time• Orders will default to user session disconnection or end of day if no value specifiedSizeVisible quantityHidden quantity 7. Trade Requests (j) Trade Requests may be submitted as Orders only. (k) All Orders with specified expiry times or dates will remain active in the ETP Segment until such time as they are cancelled by the Participant (or the Operator in accordance with the MTF Rules) or the expiry date of the Order has been reached. (l) Operator may impose a minimum Order size in respect of any Product. Any Order smaller in size may be rejected by the Operator.8. Submission MechanismThe following submission mechanism is available in the ETP Segment: ProtocolSub-ProtocolElectronicGUI, email 9. Execution Methodology The ETP Segment supports trading in Anonymous Transactions. Anonymous Transactions are Bilaterally Settled Transactions against a pre-selected Matched Principal Counterparty. ICAP Securities Limited (a private limited company incorporated in England and Wales with registered company number 00500777 and authorised and regulated by the FCA, with FCA firm reference number 124520), has been selected and approved as the Matched Principal Counterparty for all Anonymous Transactions between Participants to the Transaction.Participants ...
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Volume Matching Session means a trading session using a Trading System that Matches and Executes Orders at the Volume Matching Price.
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Volume Matching Session means a trading session using a Trading System that Matches and
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Examples of Volume Matching Session in a sentence

  • When the IOI Volume Matching Session starts, Venue Users or a Broker on behalf of Venue Users can then submit IOIs for that particular Product at the Volume Matching Price, specifying the volume that they wish to trade.

  • The length of the IOI Volume Matching Session is set by the Operator and may vary in length, at the discretion of the Operator.

  • In an IOI Volume Matching Session, the Operator will set the Volume Matching Price in respect of a particular Product on the screen.

  • Any unmatched IOIs will be removed by the Operator from the IRD Segment at the end of every IOI Volume Matching Session.

  • When the Persistent IOI Volume Matching Session starts, Venue Users or a Broker on behalf of Venue Users can then submit IOIs for that particular Product at the Volume Matching Price, specifying the volume that they wish to trade.

  • Any unmatched IOIs will be removed by the Operator from the IOI Volume Matching Session at the end of the session but remain in Government Bonds Segment.

  • When the IOI Volume Matching Session starts, Venue Users or a Broker on behalf of Venue Users can then submit IOIs for that particular Product atthe Volume Matching Price, specifying the volume that they wish to trade.

  • Any unmatched IOIs will be removed by the Operator from the IRD Segment at the end of every Persistent IOI Volume Matching Session.The length of the Persistent IOI Volume Matching Session is set by the Operator and may vary in length, at the discretion of the Operator.

  • Any unmatched IOIs will be removed by the Operator from the Government Bond Segment at the end of every IOI Volume Matching Session.

  • In last 3 column of Table χ2, degree of freedom, and significance levels pertaining to parameter comparison results belonging to DIF analysis are provided.

Related to Volume Matching Session

  • Matching Period has the meaning specified in Section 5.4(1)(e).

  • Yearly (1/Year) sampling frequency means the sampling shall be done in the month of September, unless specifically identified otherwise in the effluent limitations and monitoring requirements table.

  • Plan Year means the calendar year.

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Matching Contribution means an Employer contribution made to this or any other defined contribution plan on behalf of a Participant on account of a Participant's Deferral Contribution.

  • Excess Elective Deferrals means the amount of Elective Deferrals (as defined below) for a calendar year that the Participant designates to the Plan pursuant to the following procedure. The Participant’s designation: shall be submitted to the Administrator in writing no later than March 1; shall specify the Participant’s Excess Elective Deferrals for the preceding calendar year; and shall be accompanied by the Participant’s written statement that if the Excess Elective Deferrals is not distributed, it will, when added to amounts deferred under other plans or arrangements described in Section 401(k), 408(k) or 403(b) of the Code, exceed the limit imposed on the Participant by Section 402(g) of the Code for the year in which the deferral occurred. Excess Elective Deferrals shall mean those Elective Deferrals that are includible in a Participant's gross income under Section 402(g) of the Code to the extent such Participant's Elective Deferrals for a taxable year exceed the dollar limitation under such Code section.

  • Matching Account means the account maintained on the books of the Employer for the purpose of accounting for the Matching Amount and for the amount of investment return credited thereto for each Participant pursuant to Article V.

  • Company Matching Account means (i) the sum of all of a Participant's Annual Company Matching Amounts, plus (ii) amounts credited in accordance with all the applicable crediting provisions of this Plan that relate to the Participant's Company Matching Account, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant's Company Matching Account.

  • Qualified Matching Contribution means any employer contribution allocated to an Eligible Employee's account under any plan of an Employer or a Related Company solely on account of "elective contributions" made on his behalf or "employee contributions" made by him that is a qualified matching contribution as defined in regulations issued under Code Section 401(k), is nonforfeitable when made, and is distributable only as permitted in regulations issued under Code Section 401(k).

  • Yearly (1/Year) sampling frequency means the sampling shall be done in the month of September, unless specifically identified otherwise in the effluent limitations and monitoring requirements table.

  • Monthly Volume means the product of the Committed Volume multiplied by the number of days in the relevant month.

  • Actual Deferral Percentage means, for a specified group of Participants for a Plan Year, the average of the ratios (calculated separately for each Participant in the group) of (1) the amount of Employer contributions actually paid over to the Trust on behalf of the Participant for the Plan Year to (2) the Participant's Earnings for the Plan Year (or, provided that the Employer applies this method to all Employees for a Plan Year, the Participant's Earnings for that portion of the Plan Year during which he was eligible to participate in the Plan). Employer contributions on behalf of any Participant shall include: (i) his Elective Deferrals, including Excess Elective Deferrals of Highly Compensated Employees, but excluding (A) Excess Elective Deferrals of Non-Highly Compensated Employees that arise solely from Elective Deferrals made under the Plan or another plan maintained by an Affiliated Employer, and (B) Elective Deferrals that are taken into account in the Average Contribution Percentage test described in Section 5.10 (provided the ADP test is satisfied both with and without exclusion of these Elective Deferrals), and excluding Elective Deferrals returned to a Participant to reduce an Excess Amount as defined in Section 6.5(f); and (ii) if the Employer has elected to make Qualified Nonelective Contributions, such amount of Qualified Nonelective Contributions, if any, as shall be necessary to enable the Plan to satisfy the ADP test and not used to satisfy the ACP test; and (iii) if the Employer has elected to make Qualified Matching Contributions, such amount of Qualified Matching Contributions, if any, as shall be necessary to enable the Plan to satisfy the ADP test and not used to satisfy the ACP test. For purposes of computing Actual Deferral Percentages, an Employee who would be a Participant but for his failure to make Elective Deferrals shall be treated as a Participant on whose behalf no Elective Deferrals are made.

  • Average Monthly Compensation means the quotient determined by dividing the sum of the Employee’s then current Base Salary (as defined in Section 4.1 hereof) and the greater of the most recently paid Incentive Compensation (as defined in Section 4.2 hereof) or the average of Incentive Compensation paid over the three most recent years by twelve.

  • Qualified Matching Contributions means Matching Contributions which are immediately nonforfeitable when made, and which would be nonforfeitable, regardless of the age or service of the Employee or whether the Employee is employed on a certain date, and which may not be distributed, except upon one of the events described under Section 401(k)(2)(B) of the Code and the regulations thereunder.

  • Accumulation Period Factor means, for any Collection Period, a fraction with:

  • Leave Year means the year ending with the anniversary date of the employee’s appointment.

  • Basic Monthly Earnings means your monthly rate of earnings from the Sponsor in effect immediately prior to the date Disability or Partial Disability begins. However, such earnings will not include bonuses, commissions, overtime pay and extra compensation.

  • Appropriate List Matching Data means (A) account registration and alternate payee data, to the extent made appropriate by statutes, rules or regulations governing the U.S. Government Lists, (ii) data determined by BNYM in light of statutes, rules or regulations governing the U.S. Government Lists to be necessary to provide the services described in this Section 3(b)(5), and (iii) data the parties agree in writing to be necessary to provide the services described in this Section 3(b)(5).

  • Matching Contribution Account means the separate, individual account established on behalf of a Participant to which the Matching Contributions made on such Participant's behalf are credited, together with all earnings and appreciation thereon, and against which are charged any withdrawals, loans and other distributions made from such account and any losses, depreciation or expenses allocable to amounts credited to such account.

  • Average Actual Deferral Percentage means the average (expressed as a percentage) of the Actual Deferral Percentages of the Eligible Participants in a group.

  • Matching Contributions means local cash and/or in-kind contributions made by the Subrecipient, subcontractor, or other local resources that qualify as match for the Contract funding.

  • Elective Deferrals mean Compensation and Elective Deferrals for: . [Note: The Employer must complete the blank line with the applicable time period for computing the Basic Match, such as "each payroll period," "each calendar month," "each Plan Year quarter" or "the Plan Year."]

  • Eligible Earnings means the Grantee's base salary (prior to any deferrals under a cash or deferred compensation plan sponsored by the Corporation or an Affiliate) paid during the Plan Year. From time to time the Plan Administrator may, in its sole discretion, establish rules for determining the amounts of Eligible Earnings for employees who become Grantees other than on the first day of a Plan Year as well as any reduction of Eligible Earnings as a result of paid leave of absences.

  • Monthly Earnings means your gross monthly income from your Employer, not including shift differential, in effect just prior to your date of disability. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • Top Heavy Plan Year means a Plan Year during which the Plan is a Top Heavy Plan.