Tag: EL

  • Eligible Contract Participant

    Concept of Eligible Contract Participant in Futures TradingIn this context of financial law, the following is a definition of Eligible Contract Participant: An entity, such as a financial institution, an insurance company, or commodity pool, that is classified by the Commodity Exchange Act as […]

  • Electronic Trade

    T-zeroConcept of T-zero in the context of derivatives contract, by the International Swaps and Derivatives Association (ISDA): An electronic trade affirmation tool used to communicate and enrich credit default swap trade information between dealers and clients. T-Zero™ electronically […]

  • Electronic Trading Facility

    Concept of Electronic Trading Facility in Futures TradingIn this context of financial law, the following is a definition of Electronic Trading Facility: A trading facility that operates by an electronic or telecommunications network instead of a trading floor and maintains an automated audit […]

  • Eligible Commercial Entity

    Concept of Eligible Commercial Entity in Futures TradingIn this context of financial law, the following is a definition of Eligible Commercial Entity: An eligible contract participant or other entity approved by the CFTC that has a demonstrable ability to make or take delivery of an underlying […]

  • E-Local

    Concept of E-Local in Futures TradingIn this context of financial law, the following is a definition of E-Local: A person with trading privileges at an exchange with an electronic trading facility who trades electronically (rather than in a pit or ring) for his or her own account, often at a […]