Examples of Trading Session in a sentence
Participants and Trading Customers may participate in a DW Match Trading Session by submitting an order to purchase or sell a specified notional amount of the relevant DW Match Transaction at the DW Match Price prior to the start of the session in accordance with the DW Match Procedures.
Following commencement of the DW Match Trading Session, Participants and Trading Customers may be permitted, in accordance with the DW Match Procedures, to submit additional Orders for execution of the DW Match Transaction specified by the SEF pursuant to Rule 404.A(e)(i) at the DW Match Price.
The SEF will execute the Orders submitted pursuant to Rule 404.A(e) during the DW Match Trading Session using a pre-determined non-discretionary automated trade matching algorithm.
Prior to the commencement of the DW Match Trading Session, the SEF will publish the (A) Swap(s) (which may be a part of a Package Transaction) that may be executed through the DW Match Trading Session (the “DW Match Transaction”) and (B) price that the SEF has specified, based on market data available to it, as the market clearing price for the DW Match Trading Session (the “DW Match Price”).
The DW Match Trading Facility is an Order Book, separate and distinct from the CLOB, through which the SEF will run a DW Match Trading Session periodically upon pre-determined prior notice to Participants and Trading Customers, as described immediately below.