Template:Nutshell Equity Derivatives 6.7(c)(i): Difference between revisions

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::{{eqderivprov|6.7(c)(i)}} “'''{{eqderivprov|Omission}}'''”, then the {{eqderivprov|Averaging Date}} will not be relevant when determining the {{eqderivprov|Settlement Price}} or {{eqderivprov|Final Price}}. If as a result there would be no {{eqderivprov|Averaging Date}} on that {{eqderivprov|Valuation Date}}, Section {{eqderivprov|6.6}} will apply when determining the relevant level on the final {{eqderivprov|Averaging Date}} for that {{eqderivprov|Valuation Date}} as if it were a disrupted {{eqderivprov|Valuation Date}}; <br>
::{{eqderivprov|6.7(c)(i)}} “'''{{eqderivprov|Omission}}'''”, then such {{eqderivprov|Averaging Date}} will be deemed not to be a relevant {{eqderivprov|Averaging Date}} for purposes of determining the relevant {{eqderivprov|Settlement Price}} or {{eqderivprov|Final Price}}. If through the operation of this provision no {{eqderivprov|Averaging Date}} would occur with respect to the relevant {{eqderivprov|Valuation Date}}, then Section {{eqderivprov|6.6}} will apply for purposes of determining the relevant level, price or amount on the final {{eqderivprov|Averaging Date}} in respect of that {{eqderivprov|Valuation Date}} as if such final {{eqderivprov|Averaging Date}} were a {{eqderivprov|Valuation Date}} that was a {{eqderivprov|Disrupted Day}}; <br>

Latest revision as of 15:19, 11 May 2022

6.7(c)(i)Omission”, then the Averaging Date will not be relevant when determining the Settlement Price or Final Price. If as a result there would be no Averaging Date on that Valuation Date, Section 6.6 will apply when determining the relevant level on the final Averaging Date for that Valuation Date as if it were a disrupted Valuation Date;