Maximum Spread definition

Maximum Spread means such relevant spread as set out in the applicable Final Terms under the heading "Maximum Spread".
Maximum Spread means, in relation to two-sided market making orders, the maximum difference allowed between the bid price and the ask price input by a Dual Counter Market Maker as may from time to time be specified by the Exchange;
Maximum Spread means, in respect of a Proposed Reference Entity, the higher of (A) 175 per cent. of the Offer Spread of the relevant the Replaced Reference Entity and (B) 2.00 per cent.

Examples of Maximum Spread in a sentence

  • On each Determination Date, the Servicer shall compute the Account Cap and the Maximum Spread Account Amount.

  • The Primary Dealer is obliged to submit bids for a minimum of ISK 100 million in each series: Maturity Maximum Spread Treasury Bills and Treasury Notes with maturity of 3 months and less.

  • The maximum spread of those series stated in paragraph 7 is determined by time to maturity: Time to Maturity Maximum Spread 4 years and longer 0,30% The following Treasury Notes and Treasury Bills are excluded from the maximum spread obligations.

  • If there had been a Maximum Spread adjustment, the recalculation would utilize the actual multiplier + 0.05x).

  • On any Business Day, the Servicer may instruct the Trustee to withdraw any excess, of the funds available in the Spread Account over the Maximum Spread Account Amount applicable to such Business Day from the Spread Account and pay such funds (the "RELEASED SPREAD ACCOUNT AMOUNT") to the Transferor.


More Definitions of Maximum Spread

Maximum Spread means $5.28, as may be adjusted from time to time pursuant to Section 8.
Maximum Spread means the permitted difference between the offer or bid price and the reference price for each designated security as prescribed under these Rules.
Maximum Spread means the difference between a YLDVOL Swaption Straddles ask price and bid price as set forth on the Auction Book by BSEF. BSEF, in its sole discretion, may modify the Maximum Spread at the beginning of the Auction Queue Period when it deems necessary to maintain a fair and orderly Auction.
Maximum Spread shall have the meaning set forth in Section 4.02 herein.
Maximum Spread means, (i) 4.50% in respect of an Investment with an Investment Yield of less than 14.0%, and (ii) 4.75% in respect of an Investment with an Investment Yield of 14.0% or more, plus an additional 0.25% for each full percentage point that Investment Yield exceeds 14.0%.
Maximum Spread means such relevant spread as set out in the table of Appendix B under the heading "Maximum Spread".
Maximum Spread means the difference between the minimum price at which a market maker is required to buy a security and the maximum price at which it is required to sell the security;