Template:Nutshell Equity Derivatives 11.2(d): Difference between revisions

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:{{eqderivprov|11.2(d)}} “'''{{eqderivprov|Options Exchange}}'''” will be specified in the {{eqderivprov|Confirmation}} and includes any successor or substitute exchange or quotation system on which options contracts on the {{eqderivprov|Share}}s have relocated (though the {{eqderivprov|Calculation Agent}} must be satisfied there is comparable liquidity to the specified {{eqderivprov|Options Exchange}}) or, if one is not specified, the {{eqderivprov|Related Exchange}} the {{eqderivprov|Calculation Agent}} determines is the primary market for listed options contracts relating to the relevant {{eqderivprov|Share}}. <br>
:{{eqderivprov|11.2(d)}} “'''{{eqderivprov|Options Exchange}}'''” will be specified in the {{eqderivprov|Confirmation}} and includes any successor or substitute exchange or quotation system on which options contracts on the {{eqderivprov|Share}}s have relocated (on which the {{eqderivprov|Calculation Agent}} is satisfied there is comparable liquidity). If one is not specified, it will be the {{eqderivprov|Related Exchange}} the {{eqderivprov|Calculation Agent}} determines is the primary market for listed options contracts relating to the relevant {{eqderivprov|Share}}. <br>

Latest revision as of 11:26, 12 May 2022

11.2(d)Options Exchange” will be specified in the Confirmation and includes any successor or substitute exchange or quotation system on which options contracts on the Shares have relocated (on which the Calculation Agent is satisfied there is comparable liquidity). If one is not specified, it will be the Related Exchange the Calculation Agent determines is the primary market for listed options contracts relating to the relevant Share.