Template:M summ Equity Derivatives 1.25: Difference between revisions
Jump to navigation
Jump to search
Amwelladmin (talk | contribs) Created page with "Relevant to the definition of {{eqderivprov|Market Disruption Event}}. Note also the related concept of the “{{eqderivprov|Related Exchange}}” — a real ISDA definition,..." |
Amwelladmin (talk | contribs) No edit summary |
||
| Line 1: | Line 1: | ||
Relevant to the definition of {{eqderivprov|Market Disruption Event}}. Note also the related concept of the “{{eqderivprov|Related Exchange}}” — a real ISDA definition, and Alternative Exchange, which is a [[JC]] fabrication we just made up because the “substitute or successor exchange offering comparable liquidity” language, which gets repeated a lot, is so tedious. | [[Exchange - Equity Derivatives Provision|Relevant]] to the definition of {{eqderivprov|Market Disruption Event}}. Note also the related concept of the “{{eqderivprov|Related Exchange}}” — a real ISDA definition, and Alternative Exchange, which is a [[JC]] fabrication we just made up because the “substitute or successor exchange offering comparable liquidity” language, which gets repeated a lot, is so tedious. | ||
The limbs are: | The limbs are: | ||
Revision as of 16:57, 17 May 2022
Relevant to the definition of Market Disruption Event. Note also the related concept of the “Related Exchange” — a real ISDA definition, and Alternative Exchange, which is a JC fabrication we just made up because the “substitute or successor exchange offering comparable liquidity” language, which gets repeated a lot, is so tedious.
The limbs are:
They are, mutatis mutandis, the same, only 1.25(a) talks about “Shares underlying the Index” which obviously isn’t needed when referring to Shares themselves.
Not to be confused, however tempting and, really, forgiveable it may be, with a Related Exchange under paragraph 1.26. A Related Exchange (real) is not the same as an Alternative Exchange (made up by the JC)