Template:2002 ISDA Equity Derivatives Definitions 8.3: Difference between revisions
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Section {{eqderivprov|8.3}}. '''{{eqderivprov|Strike Price Differential}}'''. "'''{{eqderivprov|Strike Price Differential}}''' | Section {{eqderivprov|8.3}}. '''{{eqderivprov|Strike Price Differential}}'''. "'''{{eqderivprov|Strike Price Differential}}'''” means, unless otherwise <br>provided in the related {{eqderivprov|Confirmation}}, in respect of each {{eqderivprov|Valuation Date}}, an amount equal to the greater of <br>(a) the excess of (i) in the case of a {{eqderivprov|Call}}, the relevant {{eqderivprov|Settlement Price}} over the {{eqderivprov|Strike Price}} or (ii) in the <br>case of a {{eqderivprov|Put}}, the {{eqderivprov|Strike Price}} over the relevant {{eqderivprov|Settlement Price}}, and (b) zero. <br> | ||
Revision as of 02:23, 17 September 2016
Section 8.3. Strike Price Differential. "Strike Price Differential” means, unless otherwise
provided in the related Confirmation, in respect of each Valuation Date, an amount equal to the greater of
(a) the excess of (i) in the case of a Call, the relevant Settlement Price over the Strike Price or (ii) in the
case of a Put, the Strike Price over the relevant Settlement Price, and (b) zero.