Template:2002 ISDA Equity Derivatives Definitions Alternative Exchange: Difference between revisions
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An {{eqderivprov|Alternative Exchange}}, in relation to any {{eqderivprov|Exchange}}, is any successor or substitute exchange to which trading in the underlying {{eqderivprov|Shares}} may have relocated (as long as the {{eqderivprov|Calculation Agent}} is satisfied that it offers comparable liquidity) | An “'''{{eqderivprov|Alternative Exchange}}'''”, in relation to any {{eqderivprov|Exchange}}, is any successor or substitute exchange to which trading in the underlying {{eqderivprov|Shares}} may have relocated (as long as the {{eqderivprov|Calculation Agent}} is satisfied that it offers comparable liquidity) | ||
Revision as of 13:38, 14 June 2018
An “Alternative Exchange”, in relation to any Exchange, is any successor or substitute exchange to which trading in the underlying Shares may have relocated (as long as the Calculation Agent is satisfied that it offers comparable liquidity)