Template:Nutshell Equity Derivatives 11.2(b): Difference between revisions
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Amwelladmin (talk | contribs) Created page with " ::(i) adjust any of the {{eqderivprov|Initial Price}}, {{eqderivprov|Strike Price}}, {{eqderivprov|Equity Notional Amount}}, {{eqderivprov|Number of Shares}}, {{eqderivpro..." |
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:{{eqderivprov|11.2(b)}}: '''{{eqderivprov|Options Exchange Adjustment}}''': If the {{eqderivprov|Method of Adjustment}} is “'''{{eqderivprov|Options Exchange Adjustment}}'''” then following adjustment to [[Options Exchange - Equity Derivatives Provision|exchange-traded options]] the {{eqderivprov|Calculation Agent}} will adjust any relevant variable under that {{eqderivprov|Transaction}} that it thinks necessary to reflect the {{eqderivprov|Options Exchange}} adjustment, effective as of the same date. | |||
:If there aren’t any [[Options Exchange - Equity Derivatives Provision|exchange-traded options]] options on the {{eqderivprov|Shares}}, the {{eqderivprov|Calculation Agent}} will adjust the {{eqderivprov|Transaction}} as it thinks fit to account for the diluting or concentrative effect of any event that, would have led to an adjustment under the {{eqderivprov|Options Exchange}}’s rules had options in the {{eqderivprov|Share}}s in question been traded on it. <br> | |||
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Latest revision as of 13:58, 3 May 2022
- 11.2(b): Options Exchange Adjustment: If the Method of Adjustment is “Options Exchange Adjustment” then following adjustment to exchange-traded options the Calculation Agent will adjust any relevant variable under that Transaction that it thinks necessary to reflect the Options Exchange adjustment, effective as of the same date.
- If there aren’t any exchange-traded options options on the Shares, the Calculation Agent will adjust the Transaction as it thinks fit to account for the diluting or concentrative effect of any event that, would have led to an adjustment under the Options Exchange’s rules had options in the Shares in question been traded on it.