Template:M summ Equity Derivatives 6.3(b): Difference between revisions
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Amwelladmin (talk | contribs) Created page with "Relevant for {{eqderivprov|Market Disruption Event}}s. Where your {{isdaprov|Transaction}} is an {{eqderivprov|Index Transaction}} or an {{eqderivprov|Index Basket Transaction..." |
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Relevant for {{eqderivprov|Market Disruption Event}}s. Where your {{isdaprov|Transaction}} is an {{eqderivprov|Index Transaction}} or an {{eqderivprov|Index Basket Transaction}}, the disruption relates to trading on {{eqderivprov|Exchange}} for at least 20% of the {{eqderivprov|Shares}} comprising the {{eqderivprov|Index}} — because the {{eqderivprov|Index}} doesn’t exist '' | Relevant for {{eqderivprov|Market Disruption Event}}s. Where your {{isdaprov|Transaction}} is an {{eqderivprov|Index Transaction}} or an {{eqderivprov|Index Basket Transaction}}, the disruption relates to trading on {{eqderivprov|Exchange}} for at least 20% of the {{eqderivprov|Shares}} comprising the {{eqderivprov|Index}} — because the {{eqderivprov|Index}} doesn’t exist ''[[per se]]'' as an independently investable security, though it may do as an [[exchange traded derivative]]. | ||
==={{eqderivprov|Index Adjustment Event}}s=== | ==={{eqderivprov|Index Adjustment Event}}s=== | ||
There are separate disruption events relating to change, cancellation or non-publication of Indices. For that see Section {{eqderivprov|11.1(b)}} relating to {{eqderivprov|Index Adjustment Event}}s. | There are separate disruption events relating to change, cancellation or non-publication of Indices. For that see Section {{eqderivprov|11.1(b)}} relating to {{eqderivprov|Index Adjustment Event}}s. | ||
Revision as of 08:48, 27 March 2020
Relevant for Market Disruption Events. Where your Transaction is an Index Transaction or an Index Basket Transaction, the disruption relates to trading on Exchange for at least 20% of the Shares comprising the Index — because the Index doesn’t exist per se as an independently investable security, though it may do as an exchange traded derivative.
Index Adjustment Events
There are separate disruption events relating to change, cancellation or non-publication of Indices. For that see Section 11.1(b) relating to Index Adjustment Events.