83,378
edits
Template:2002 ISDA Equity Derivatives Definitions 9.5: Difference between revisions
Template:2002 ISDA Equity Derivatives Definitions 9.5 (view source)
Revision as of 13:19, 10 May 2018
, 10 May 2018no edit summary
Amwelladmin (talk | contribs) (Created page with "Section {{eqderivprov|9.5}}. “'''{{eqderivprov|Number of Shares to be Delivered}}'''”. “'''{{eqderivprov|Number of Shares to be Delivered}}'''” means the number of {{e...") |
Amwelladmin (talk | contribs) No edit summary |
||
| (2 intermediate revisions by the same user not shown) | |||
| Line 7: | Line 7: | ||
::''({{eqderivprov|Foward Floor Price}}/{{eqderiv|Settlement Price}}) x {{eqderivprov|Number of Shares}}''; and<br> | ::''({{eqderivprov|Foward Floor Price}}/{{eqderiv|Settlement Price}}) x {{eqderivprov|Number of Shares}}''; and<br> | ||
::(iii) if the {{eqderivprov|Settlement Price}} is greater than the {{eqderivprov|Forward Cap Price}}, a number of {{eqderivprov|Shares}} equal to: <br> | ::(iii) if the {{eqderivprov|Settlement Price}} is greater than the {{eqderivprov|Forward Cap Price}}, a number of {{eqderivprov|Shares}} equal to: <br> | ||
::''(({{eqderivprov|Forward Floor Price}} + | ::''(({{eqderivprov|Forward Floor Price}} + {{eqderivprov|Settlement Price}} - {{eqderivprov|Forward Cap Price}})/{{eqderivprov|Settlement Price}}) x {{eqderivprov|Number of Shares}} <br> | ||
:(d) under a {{eqderivprov|Share Swap Transaction}}, the {{eqderivprov|Number of Shares}}. <br> | :(d) under a {{eqderivprov|Share Swap Transaction}}, the {{eqderivprov|Number of Shares}}. <br> | ||
[[In | :[[In the event that]] the number of {{eqderivprov|Shares}} calculated as set out above comprises any fractional {{eqderivprov|Share}}, the {{eqderivprov|Number of Shares}} to be {{eqderivprov|Delivered}} will include only whole {{eqderivprov|Shares}} and a {{eqderivprov|Fractional Share Amount}} will be payable by the relevant party in lieu of such fractional {{eqderivprov|Share}}. <br> | ||