Template:Nutshell Equity Derivatives 1.25: Difference between revisions

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Created page with "Section '''{{eqderivprov|1.25}}'''. '''{{eqderivprov|Exchange}}'''. “'''{{eqderivprov|Exchange}}'''” means: :{{eqderivprov|1.25(a)}} '''{{eqderivprov|IndexTransaction}}s..."
 
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Section '''{{eqderivprov|1.25}}'''. '''{{eqderivprov|Exchange}}'''. “'''{{eqderivprov|Exchange}}'''” means:  
Section '''{{eqderivprov|1.25}}'''. '''{{eqderivprov|Exchange}}'''. “'''{{eqderivprov|Exchange}}'''” means:  
:{{eqderivprov|1.25(a)}} '''{{eqderivprov|IndexTransaction}}s and {{eqderivprov|Index Basket Transaction}}s''': each exchange specified for an {{eqderivprov|Index}} in the {{eqderivprov|Confirmation}} (and any successor or substitute exchange to which trading in the underlying {{eqderivprov|Shares}} may have relocated (as long as the {{eqderivprov|Calculation Agent}} is satisfied that such an alternative offers comparable liquidity) (“'''Alternative Exchange'''”); and
:{{eqderivprov|1.25(a)}} '''{{eqderivprov|Index Transaction}}s and {{eqderivprov|Index Basket Transaction}}s''': each exchange specified for an {{eqderivprov|Index}} in the {{eqderivprov|Confirmation}} (and any successor or substitute exchange to which trading in the underlying {{eqderivprov|Shares}} may have relocated (as long as the {{eqderivprov|Calculation Agent}} is satisfied that such an alternative offers comparable liquidity) (“'''Alternative Exchange'''”); and
:{{eqderivprov|1.25(b)}} '''{{eqderivprov|Share Transaction}}s and {{eqderivprov|Share Basket Transaction}}s''': each exchange specified for a {{eqderivprov|Share}} in the {{eqderivprov|Confirmation}} (and any Alternative Exchange). <br>
:{{eqderivprov|1.25(b)}} '''{{eqderivprov|Share Transaction}}s and {{eqderivprov|Share Basket Transaction}}s''': each exchange specified for a {{eqderivprov|Share}} in the {{eqderivprov|Confirmation}} (and any Alternative Exchange). <br>

Revision as of 13:19, 14 June 2018

Section 1.25. Exchange. “Exchange” means:

1.25(a) Index Transactions and Index Basket Transactions: each exchange specified for an Index in the Confirmation (and any successor or substitute exchange to which trading in the underlying Shares may have relocated (as long as the Calculation Agent is satisfied that such an alternative offers comparable liquidity) (“Alternative Exchange”); and
1.25(b) Share Transactions and Share Basket Transactions: each exchange specified for a Share in the Confirmation (and any Alternative Exchange).