Template:Nutshell Equity Derivatives 7.3(b): Difference between revisions

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Created page with ":{{eqderivprov|7.3(b)}} For a {{eqderivprov|Cash-settled}} {{eqderivprov|Share Basket Option Transaction}} or {{eqderivprov|Share Basket Forward Transaction}}, the {{eqderivpr..."
 
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:{{eqderivprov|7.3(b)}} For a {{eqderivprov|Cash-settled}} {{eqderivprov|Share Basket Option Transaction}} or {{eqderivprov|Share Basket Forward Transaction}}, the {{eqderivprov|Calculation Agent}} will determine the {{eqderivprov|Settlement Price}} for the {{eqderivprov|Basket}} according to the formula specified in the {{isdaprov|Confirmation}} or, if not specified, by adding the values for each {{eqderivprov|Share}} in the {{eqderivprov|Basket}}:  ''{{eqderivprov|Relevant Price}} x {{eqderivprov|Number}} of {{eqderivprov|Shares}}'' <br>
:{{eqderivprov|7.3(b)}} For a {{eqderivprov|Cash-settled}} {{eqderivprov|Share Basket Option Transaction}} or {{eqderivprov|Share Basket Forward Transaction}}, the {{eqderivprov|Calculation Agent}} will determine the {{eqderivprov|Settlement Price}} for the {{eqderivprov|Basket}} according to the formula specified in the {{isdaprov|Confirmation}} or, if not specified, by adding the values for each {{eqderivprov|Share}} in the {{eqderivprov|Basket}}:  ''{{eqderivprov|Relevant Price}} x {{eqderivprov|Number of Shares}}'' <br>

Revision as of 17:44, 24 April 2019

7.3(b) For a Cash-settled Share Basket Option Transaction or Share Basket Forward Transaction, the Calculation Agent will determine the Settlement Price for the Basket according to the formula specified in the Confirmation or, if not specified, by adding the values for each Share in the Basket: Relevant Price x Number of Shares