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

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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)}} '''{{eqderivprov|Cash-settled}} {{eqderivprov|Share Basket Option Transaction}}s and {{eqderivprov|Share Basket Forward Transaction}}s''': 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>

Latest revision as of 16:04, 11 May 2022

7.3(b) Cash-settled Share Basket Option Transactions and Share Basket Forward Transactions: 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