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| {{eqderivanat|1.14}}
| | #redirect[[Underlier - Equity Derivatives Provision]] |
| A serviceable distinction is to be drawn between the “{{eqderivprov|Shares}}” specified in a {{eqderivprov|Confirmation}} — which means the abstract concept of a notional particpating in the common stock of [[Teldar Paper]] etc., and is represented by a single [[ISIN]] — and the precise ''{{eqderivprov|Number of Shares}}'', being the defined quantity of those {{eqderivprov|Shares}} relevant in assessing the {{eqderivprov|Equity Notional Amount}} of a given {{eqderivprov|Transaction}}.
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| Where you have a {{eqderivprov|Basket}}, there will be a weighting of the individual {{eqderivprov|Shares}} in the {{eqderivprov|Basket}} which may be articulated in terms of a {{eqderivprov|Number of Shares}} of that {{eqderivprov|Issuer}}. This further piques the intellectual challenge.
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| {{seealso}}
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| *{{eqderivprov|Number of Shares}}
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| *{{eqderivprov|Number of Baskets}}
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Latest revision as of 10:25, 18 May 2022