Template:Nutshell Equity Derivatives 1.37: Difference between revisions

From The Jolly Contrarian
Jump to navigation Jump to search
(Created page with "Section {{eqderivprov|1.37}}. '''{{eqderivprov|Settlement Cycle}}'''. “'''{{eqderivprov|Settlement Cycle}}'''” means usual number of {{eqderivprov|Clearance System Busines...")
 
No edit summary
 
(4 intermediate revisions by the same user not shown)
Line 1: Line 1:
Section {{eqderivprov|1.37}}. '''{{eqderivprov|Settlement Cycle}}'''. “'''{{eqderivprov|Settlement Cycle}}'''” means usual number of {{eqderivprov|Clearance System Business Days}} (or, for {{eqderivprov|Exchange-traded Contract}}s, {{eqderivprov|Exchange Business Days}} following a trade in {{eqderivprov|Shares}} or {{eqderivprov|Exchange-traded Contract}}s (or shares underlying an {{eqderivprov|Index}}) on the {{eqderivprov|Exchange}}  in which settlement will usually occur according to the {{eqderivprov|Exchange}}’s rules for those shares (or, the longest period where there are multiple {{eqderivprov|Exchanges}}). <br>
{{eqderivprov|1.37}}. “'''{{eqderivprov|Settlement Cycle}}'''” means the usual period of {{eqderivprov|Clearance System Business Day}}s or {{eqderivprov|Exchange Business Days}}) following a trade on which settlement usually occurs according to the {{eqderivprov|Exchange}}’s rules. If there are multiple {{eqderivprov|Exchange}}s, it will be the longest such period. <br>

Latest revision as of 15:51, 6 September 2018

1.37. “Settlement Cycle” means the usual period of Clearance System Business Days or Exchange Business Days) following a trade on which settlement usually occurs according to the Exchange’s rules. If there are multiple Exchanges, it will be the longest such period.