Template:Nutshell Equity Derivatives 11.4: Difference between revisions

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Section {{eqderivprov|11.4}}. '''{{eqderivprov|Correction of Share Prices and Index Levels}}'''. If any {{eqderivprov|Exchange}} price or {{eqderivprov|Index}} level used in a {{isdaprov|Transaction}} is corrected by the {{eqderivprov|Exchange}} or {{eqderivprov|Index Sponsor}} within a {{eqderivprov|Settlement Cycle}} of publication, either party may notify the other and the {{eqderivprov|Calculation Agent}} will determine any resulting adjustment payment and, if need be, adjust the {{isdaprov|Transaction}} to account for the correction. <br>
{{eqderivprov|11.4}}. '''{{eqderivprov|Correction of Share Prices and Index Levels}}'''. If any {{eqderivprov|Exchange}} price or {{eqderivprov|Index}} level is corrected by the {{eqderivprov|Exchange}} or {{eqderivprov|Index Sponsor}} within a {{eqderivprov|Settlement Cycle}} of publication, either party may notify the other and the {{eqderivprov|Calculation Agent}} will determine any resulting payment or adjustment to the {{isdaprov|Transaction}}. <br>

Latest revision as of 16:11, 6 September 2018

11.4. Correction of Share Prices and Index Levels. If any Exchange price or Index level is corrected by the Exchange or Index Sponsor within a Settlement Cycle of publication, either party may notify the other and the Calculation Agent will determine any resulting payment or adjustment to the Transaction.