Template:M comp disc Equity Derivatives 6.6: Difference between revisions
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You roll it for eight {{eqderivprov|Scheduled Trading Days}}, at the end of which, if the | You roll it for eight {{eqderivprov|Scheduled Trading Days}}, at the end of which, if the {{eqderivprov|Exchange Disruption}} hasn’t lifted, the {{eqderivprov|Calculation Agent}} makes its [[good faith]] determination and the trade carries serenely on. | ||
Not routinely negotiated because, realistically when would an {{eqderivprov|Exchange}} be closed for 8 successive {{eqderivprov|Scheduled Trading Days}}? | Not routinely [[negotiation|negotiated]] because, realistically when would an {{eqderivprov|Exchange}} be closed for 8 successive {{eqderivprov|Scheduled Trading Days}}? | ||
What do you mean, “if there was a global respiratory virus epidemic and the entire Western world’s financial system shut down indefinitely? | What do you mean, “if there was a global respiratory virus epidemic and the entire Western world’s financial system shut down indefinitely? | ||
Revision as of 23:32, 26 March 2020
You roll it for eight Scheduled Trading Days, at the end of which, if the Exchange Disruption hasn’t lifted, the Calculation Agent makes its good faith determination and the trade carries serenely on.
Not routinely negotiated because, realistically when would an Exchange be closed for 8 successive Scheduled Trading Days?
What do you mean, “if there was a global respiratory virus epidemic and the entire Western world’s financial system shut down indefinitely?
Oh come on. Try to be vaguely realistic. We’re not living in a flipping Jerry Bruckheimer movie for goodn —
Oh, hang on a minute.