Suspension of the Trading System Sample Clauses

The Suspension of the Trading System clause grants the authority to temporarily halt trading activities on a platform or exchange under certain circumstances. Typically, this clause is invoked in situations such as technical failures, security breaches, or extreme market volatility, and it outlines the conditions and procedures for suspending and subsequently resuming trading. Its core practical function is to protect the integrity of the trading environment and safeguard participants by allowing the operator to address issues that could otherwise lead to unfair or disorderly trading.
Suspension of the Trading System. (a) The Operator may at any time suspend access to and use of the Trading System (for all Members) at any time, either as a whole or for particular Products or functionality, if: (i) the Operator reasonably considers that it should do so to protect or restore the security of the Trading System or data contained in it, or to undertake Trading System maintenance or upgrades; (ii) the Trading System has been unavailable for a period of 15 minutes or longer; (iii) any Trading Participant is unable to access the Trading System and the Operator reasonably considers that suspension is necessary in order to ensure orderly trading on the Exchange (for example, the lack of access has affected a significant number of Trading Participants or a significant volume of open Orders). (b) If the Operator suspends the operation of the Trading System during Trading Hours then it will notify all Members of the suspension and give as much notice as possible of the time that it expects to lift the suspension.
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Suspension of the Trading System. The Operator may at any time suspend access to and use of the Trading System (for all Members) during Trading Hours, either as a whole or for particular Products or functionality, if: the Operator reasonably considers that it should do so to protect or restore the security of the Trading System or data contained in it, or to undertake Trading System maintenance or upgrades; the Trading System has been unavailable for a period of 15 minutes or longer; any Trading Participant is unable to access the Trading System and the Operator reasonably considers that suspension is necessary in order to ensure orderly trading on the Exchange (for example, the lack of access has affected a significant number of Trading Participants or a significant volume of open Orders). If the Operator suspends the operation of the Trading System during Trading Hours then it will notify all Members of the suspension and give as much notice as possible of the time that it expects to lift the suspension.
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Related to Suspension of the Trading System

  • Suspension of the Services The Services may be suspended (meaning the Child is temporarily not able to attend the nursery) in the circumstances set out in our Critical Incident Policy or in the circumstances set out in clause 19. If the Services are suspended for a period of more than one month, either of us may terminate the contract by giving the other one month’s written notice.

  • Transmission and Routing of Exchange Access Traffic PURSUANT TO 251(c)(2) 13 ARTICLE VI MEET-POINT BILLING ARRANGEMENTS 14 ARTICLE VII BLV/BLVI TRAFFIC 16 7.1 Busy Line Verification 16 7.2 Busy Line Verification Interrupt 16 7.3 BLV/BLVI Traffic 16 7.4 BLV/BLVI Compensation 16

  • Suspension of Access Ricoh reserves the right to suspend or terminate authorizations, or to suspend or block access to all or any part of the Site or Services as provided in paragraph 10 hereof.

  • Certification Regarding Suspension or Debarment Contractor certifies under the pains and penalties of perjury that, as of the date this contract amendment is signed, neither Contractor nor Contractor’s principals (officers, directors, owners, or partners) are presently debarred, suspended, proposed for debarment, declared ineligible or excluded from participation in federal programs, or programs supported in whole or in part by federal funds.

  • Suspension of Work The Department may, at its sole discretion, suspend any or all activities under the Contract, at any time, when it is in the best interest of the State of Florida to do so. The Customer may suspend a resulting contract or purchase order, at any time, when in the best interest of the Customer to do so. The Department or Customer will provide the Contractor written notice outlining the particulars of the suspension. After receiving a suspension notice, the Contractor must comply with the notice and will cease the performance of the Contract or purchase order. Suspension of work will not entitle the Contractor to any additional compensation. The Contractor will not resume performance of the Contract or purchase order until so authorized by the Department.