Sentences with phrase «which authorized participants»

A multiple listing service is defined as a facility for the orderly correlation and dissemination of listing information among Participants so that they may better serve their clients and customers and the public; is a means by which authorized Participants make blanket unilateral offers of compensation to other Participants (acting as subagents, buyer agents, or in other agency or nonagency capacities defined by law); is a means by which information is accumulated and disseminated to enable authorized Participants to prepare appraisals and other valuations of real property; and is a means by which Participants engaging in real estate appraisal contribute to common databases.

Creations / Redemptions The process by which Authorized Participants transact directly with the fund on an «in kind» basis.

The procedures by which an Authorized Participant can redeem one or more Baskets will mirror the procedures for the creation of Baskets.

Not exact matches

When authorized participants — the special ETF market makers who have the ability to make and destroy ETF shares — wish to redeem their ETF shares, they can do so by trading them in to the issuer, which delivers an equivalent amount of the ETF's underlying holdings in an «in - kind» transaction.

The Trustee will use commercially reasonable efforts to complete the transfer of Bitcoins to the Trust Custody Account prior to the time by which the Trustee is to credit the Basket to the Authorized Participant's DTC account.

In the event that one or more Authorized Participants having substantial interests in Shares or otherwise responsible for a significant portion of the Shares» daily trading volume on the [EXCHANGE] withdraw from participation, the liquidity of the Shares will likely decrease, which could adversely affect the market price of the Shares and adversely affect an investment in the Shares.

Holders of Shares of the Trust may redeem their Shares at any time acting through an Authorized Participant and in the prescribed aggregations of [50,000] Shares; provided, however, that redemptions of Shares may be suspended during any period in which regular trading on the [EXCHANGE] is suspended or restricted, or in which an emergency exists as a result of which delivery, disposal or evaluation of Bitcoins is not reasonably practicable.

Authorized Participants are cautioned that some of their activities will result in their being deemed participants in a distribution in a manner which would render them statutory underwriters and subject them to the prospectus - delivery and liability provisions of the Securities Act of 1933, as amended («Securities Act»), as described in «Plan of DistribuParticipants are cautioned that some of their activities will result in their being deemed participants in a distribution in a manner which would render them statutory underwriters and subject them to the prospectus - delivery and liability provisions of the Securities Act of 1933, as amended («Securities Act»), as described in «Plan of Distribuparticipants in a distribution in a manner which would render them statutory underwriters and subject them to the prospectus - delivery and liability provisions of the Securities Act of 1933, as amended («Securities Act»), as described in «Plan of Distribution.»

An Authorized Participant Custody Account will be used to facilitate the deposit and withdrawal of Bitcoins by an Authorized Participant in the process through which they directly create and redeem Shares of the Trust.

acting on behalf of either which the Trustee believes is given as authorized by the Trust Agreement or a custody agreement, respectively, or (2) from or on behalf of any Authorized Participant which the Trustee believes is given pursuant to, or is authorized by, an Authorized Participant Agreement (provided that the Trustee has complied with the verification procedures specified in the Authorized Participant Aauthorized by the Trust Agreement or a custody agreement, respectively, or (2) from or on behalf of any Authorized Participant which the Trustee believes is given pursuant to, or is authorized by, an Authorized Participant Agreement (provided that the Trustee has complied with the verification procedures specified in the Authorized Participant AAuthorized Participant which the Trustee believes is given pursuant to, or is authorized by, an Authorized Participant Agreement (provided that the Trustee has complied with the verification procedures specified in the Authorized Participant Aauthorized by, an Authorized Participant Agreement (provided that the Trustee has complied with the verification procedures specified in the Authorized Participant AAuthorized Participant Agreement (provided that the Trustee has complied with the verification procedures specified in the Authorized Participant AAuthorized Participant Agreement).

NextShares that transact with Authorized Participants primarily in kind may experience less cash drag than mutual funds, which often need to hold cash to meet shareholder redemptions.

Authorized Participants This term typically refers to large financial institutions, such as specialist firms and market makers, which are involved in the creation and redemption activity of exchange - traded funds.

In the event the Depository or the U.S. bank of which it is a branch becomes insolvent, the Depository's assets might not be adequate to satisfy a claim by the Trust or any Authorized Participant for the amount of Swiss Francs deposited by the Trust or the Authorized Participant, in such event, the Trust and any Authorized Participant will generally have no right in or to assets other than those of the Depository.

Only so - called authorized participants (typically, large institutional investors) actually buy or sell shares of an ETF directly from or to the fund manager, and then only in creation units, large blocks of tens of thousands of ETF shares, which are usually exchanged in - kind with baskets of the underlying securities.

It is an information exchange for and between professionals by which information is accumulated and disseminated to enable authorized participants to prepare appraisals and other valuations of real property; and by which participants engaging in real estate appraisal contribute to common databases.

Participants» Internet websites and other authorized display mechanisms may also provide other features, information, or services in addition to IDX information (including Virtual Office Website [«VOW»] functions) which are not subject to this policy.