Template:Nutshell Equity Derivatives Transactions: Difference between revisions

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Latest revision as of 10:07, 18 May 2022

1.1. “Transaction” means an Option Transaction, Forward Transaction, Equity Swap Transaction or other transaction which incorporates these Definitions.
1.2. “Option Transaction” means an OTC equity option transaction:

(a) on a single index (an “Index Option Transaction”)
(b) on a single share (a “Share Option Transaction”)
(c) on a basket of indices (an “Index Basket Option Transaction”) or
(d) on a basket of shares (a “Share Basket Option Transaction”).

1.3. A “Forward Transaction” means an OTC equity forward transaction:

(a) on a single index (an “Index Forward Transaction”);
(b) on a single security (a “Share Forward Transaction”);
(c) on a basket of indices (an “Index Basket Forward Transaction); or
(d) on a basket of securities (a “Share Basket Forward Transaction”).

1.4. “Equity Swap Transaction” means an Index Swap Transaction, a Share Swap Transaction, an Index Basket Swap Transaction or a Share Basket Swap Transaction.
1.5. An “Index Transaction” means an Index Option Transaction, Index Forward Transaction or Index Swap Transaction.
1.6. “Share Transaction” means any Transaction referencing a single Share, other than a Share Basket Transaction.
1.7. “Index Basket Transaction” means an Index Basket Option Transaction, Index Basket Forward Transaction or Index Basket Swap Transaction.
1.8. “Share Basket Transaction” means a Share Basket Option Transaction, Share Basket Forward Transaction or Share Basket Swap Transaction.
1.9. “Basket Option Transaction” means an Index Basket Option Transaction or Share Basket Option Transaction.
1.10. “Basket Forward Transaction” means an Index Basket Forward Transaction or Share Basket Forward Transaction.
1.11. “Basket Swap Transaction” means an Index Basket Swap Transaction or Share Basket Swap Transaction.
1.12. “Confirmation” means, for a Transaction, the confirmations exchanged between the parties which, taken together, evidence the terms of a Transaction.