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| {{eqderivsnap|1.26}}
| | #redirect[[Exchanges, Clearing Systems and Currencies - Equity Derivatives Provision]] |
| ====Commentary====
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| See also the related definition at "'''{{eqderivprov|Exchange}}'''". In each case, the relevant {{eqderivprov|Exchange}} or {{eqderivprov|Related Exchange}} is simply the exchange specified as such in the {{isdaprov|Confirmation}}.
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| There is a corresponding fallback to substitute exchanges to whcih trading has temporarily located, although it is expresses slightly differently (more succinctly) here.
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| The difference between the two is the inclusion in the definition of {{eqderivprov|Related Exchange}} of the proviso about "All Exchanges":
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| {{quote|provided, however, that where "All Exchanges" is specified as the Related Exchange in the related
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| Confirmation, "Related Exchange" shall mean each exchange or quotation system where trading has a
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| material effect (as determined by the Calculation Agent) on the overall market for futures or options
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| contracts relating to such Index or such Share.}}
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| ====Related Provisions====
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| {{eqderivanatomy}}
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Latest revision as of 13:06, 18 May 2022